The World Trade Organisation Director-General, Ngozi Okonjo-Iweala, has announced her intention to seek another four-year term as head of the trade organisation. She disclosed this in an interview with Reuters on Monday, stating that she hopes to complete “unfinished...
The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024. This was disclosed by the agency’s Assistant Director, Communications and Advocacy,
The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024. This was disclosed by the agency’s Assistant Director, Communications and Advocacy,
Read More The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024. This was disclosed by the agency’s Assistant Director, Communications and Advocacy,
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The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77bn (1.42 per cent) compared to the first quarter of 2024. This was disclosed by the agency’s Assistant Director, Communications and Advocacy,
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Nigeria’s headline inflation rate dropped to 33.2 per cent for the month of August 2024, according to the latest data from the National Bureau of Statistics. This represents a 1.25% percentage point decrease from the 33.4 per cent recorded in July 2024 and the second consecutive monthly slowdown in inflation after easing in the previous
Nigeria’s headline inflation rate dropped to 33.2 per cent for the month of August 2024, according to the latest data from the National Bureau of Statistics. This represents a 1.25% percentage point decrease from the 33.4 per cent recorded in July 2024 and the second consecutive monthly slowdown in inflation after easing in the previous
Read More Nigeria’s headline inflation rate dropped to 33.2 per cent for the month of August 2024, according to the latest data from the National Bureau of Statistics. This represents a 1.25% percentage point decrease from the 33.4 per cent recorded in July 2024 and the second consecutive monthly slowdown in inflation after easing in the previous
Read More Punch Newspapers – Business
Nigeria’s headline inflation rate dropped to 33.2 per cent for the month of August 2024, according to the latest data from the National Bureau of Statistics. This represents a 1.25% percentage point decrease from the 33.4 per cent recorded in July 2024 and the second consecutive monthly slowdown in inflation after easing in the previous
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Telecommunications operators are expected to start disconnecting mobile telephone lines that are not linked to National Identification Numbers, following the expiration of the September 14 deadline set by the Nigerian Communications Commission. The NCC said in a statement in August that it expected that no SIM card would remain active without a verified NIN from
Telecommunications operators are expected to start disconnecting mobile telephone lines that are not linked to National Identification Numbers, following the expiration of the September 14 deadline set by the Nigerian Communications Commission. The NCC said in a statement in August that it expected that no SIM card would remain active without a verified NIN from
Read More Telecommunications operators are expected to start disconnecting mobile telephone lines that are not linked to National Identification Numbers, following the expiration of the September 14 deadline set by the Nigerian Communications Commission. The NCC said in a statement in August that it expected that no SIM card would remain active without a verified NIN from
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Telecommunications operators are expected to start disconnecting mobile telephone lines that are not linked to National Identification Numbers, following the expiration of the September 14 deadline set by the Nigerian Communications Commission. The NCC said in a statement in August that it expected that no SIM card would remain active without a verified NIN from
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Global stock markets experienced a decline this week, driven by inflation data from the U.S. and China, which have ignited expectations for a potential interest rate cut by the Federal Reserve, according to Afrinvest. In the U.S., inflation data for August revealed a month-on-month increase of 0.2 per cent and a year-on-year rise of 2.5
Global stock markets experienced a decline this week, driven by inflation data from the U.S. and China, which have ignited expectations for a potential interest rate cut by the Federal Reserve, according to Afrinvest. In the U.S., inflation data for August revealed a month-on-month increase of 0.2 per cent and a year-on-year rise of 2.5
Read More Global stock markets experienced a decline this week, driven by inflation data from the U.S. and China, which have ignited expectations for a potential interest rate cut by the Federal Reserve, according to Afrinvest. In the U.S., inflation data for August revealed a month-on-month increase of 0.2 per cent and a year-on-year rise of 2.5
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Global stock markets experienced a decline this week, driven by inflation data from the U.S. and China, which have ignited expectations for a potential interest rate cut by the Federal Reserve, according to Afrinvest. In the U.S., inflation data for August revealed a month-on-month increase of 0.2 per cent and a year-on-year rise of 2.5
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U.S.-based non-profit organisation, Brave Achievers, will be organising the first edition of Re-Invent X, Africa’s artificial intelligence training summit, in Lagos in November. A release from the organisers on Sunday noted that the three-day summit aimed to close the tech skills gap by focusing on generative AI, machine learning, and AI-driven business models, empowering Nigerians
U.S.-based non-profit organisation, Brave Achievers, will be organising the first edition of Re-Invent X, Africa’s artificial intelligence training summit, in Lagos in November. A release from the organisers on Sunday noted that the three-day summit aimed to close the tech skills gap by focusing on generative AI, machine learning, and AI-driven business models, empowering Nigerians
Read More U.S.-based non-profit organisation, Brave Achievers, will be organising the first edition of Re-Invent X, Africa’s artificial intelligence training summit, in Lagos in November. A release from the organisers on Sunday noted that the three-day summit aimed to close the tech skills gap by focusing on generative AI, machine learning, and AI-driven business models, empowering Nigerians
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U.S.-based non-profit organisation, Brave Achievers, will be organising the first edition of Re-Invent X, Africa’s artificial intelligence training summit, in Lagos in November. A release from the organisers on Sunday noted that the three-day summit aimed to close the tech skills gap by focusing on generative AI, machine learning, and AI-driven business models, empowering Nigerians
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The Minister of Housing and Urban Development, Ahmed Dangiwa, has emphasised the importance of sustainable housing in achieving Sustainable Development Goal 11, which advocates for inclusive, resilient, and sustainable cities and communities. Speaking at the 2024 Archibuilt Exposition organised by the Nigerian Institute of Architects in Abuja recently, Dangiwa urged professionals in the built environment
The Minister of Housing and Urban Development, Ahmed Dangiwa, has emphasised the importance of sustainable housing in achieving Sustainable Development Goal 11, which advocates for inclusive, resilient, and sustainable cities and communities. Speaking at the 2024 Archibuilt Exposition organised by the Nigerian Institute of Architects in Abuja recently, Dangiwa urged professionals in the built environment
Read More The Minister of Housing and Urban Development, Ahmed Dangiwa, has emphasised the importance of sustainable housing in achieving Sustainable Development Goal 11, which advocates for inclusive, resilient, and sustainable cities and communities. Speaking at the 2024 Archibuilt Exposition organised by the Nigerian Institute of Architects in Abuja recently, Dangiwa urged professionals in the built environment
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The Minister of Housing and Urban Development, Ahmed Dangiwa, has emphasised the importance of sustainable housing in achieving Sustainable Development Goal 11, which advocates for inclusive, resilient, and sustainable cities and communities. Speaking at the 2024 Archibuilt Exposition organised by the Nigerian Institute of Architects in Abuja recently, Dangiwa urged professionals in the built environment
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The Sabistation Business Owners Awards has disclosed its jury for the 2024 edition, featuring industry leaders and professionals tasked with identifying impactful entrepreneurs and businesses. The SBOAwards jury is led by Kelechi Decca, an economist and editor-in-chief of African Economy Magazine and Economy Nigeria, according to a statement. Along with Decca, the members of the
The Sabistation Business Owners Awards has disclosed its jury for the 2024 edition, featuring industry leaders and professionals tasked with identifying impactful entrepreneurs and businesses. The SBOAwards jury is led by Kelechi Decca, an economist and editor-in-chief of African Economy Magazine and Economy Nigeria, according to a statement. Along with Decca, the members of the
Read More The Sabistation Business Owners Awards has disclosed its jury for the 2024 edition, featuring industry leaders and professionals tasked with identifying impactful entrepreneurs and businesses. The SBOAwards jury is led by Kelechi Decca, an economist and editor-in-chief of African Economy Magazine and Economy Nigeria, according to a statement. Along with Decca, the members of the
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The Sabistation Business Owners Awards has disclosed its jury for the 2024 edition, featuring industry leaders and professionals tasked with identifying impactful entrepreneurs and businesses. The SBOAwards jury is led by Kelechi Decca, an economist and editor-in-chief of African Economy Magazine and Economy Nigeria, according to a statement. Along with Decca, the members of the
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Regency Alliance Insurance Plc has reported a 225 per cent increase in profit after tax to N1.93bn for the year ended December 31, 2023. According to the company’s financial statement filed with the Nigeria Exchange Limited, post-profit surged from N594.6m recorded in the previous year. The growth in profit after tax was attributed to insurance
Regency Alliance Insurance Plc has reported a 225 per cent increase in profit after tax to N1.93bn for the year ended December 31, 2023. According to the company’s financial statement filed with the Nigeria Exchange Limited, post-profit surged from N594.6m recorded in the previous year. The growth in profit after tax was attributed to insurance
Read More Regency Alliance Insurance Plc has reported a 225 per cent increase in profit after tax to N1.93bn for the year ended December 31, 2023. According to the company’s financial statement filed with the Nigeria Exchange Limited, post-profit surged from N594.6m recorded in the previous year. The growth in profit after tax was attributed to insurance
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Regency Alliance Insurance Plc has reported a 225 per cent increase in profit after tax to N1.93bn for the year ended December 31, 2023. According to the company’s financial statement filed with the Nigeria Exchange Limited, post-profit surged from N594.6m recorded in the previous year. The growth in profit after tax was attributed to insurance
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The group of oil marketers accused by the Vice President of Dangote Industries Limited, Devakumar Edwin, to have reported the Dangote Refinery to President Bola Tinubu for its low-priced product is the Depot and Petroleum Products Marketer’s Association of Nigeria, The PUNCH reports. The association’s secretary, however, denied reporting the refinery to Tinubu in the
The group of oil marketers accused by the Vice President of Dangote Industries Limited, Devakumar Edwin, to have reported the Dangote Refinery to President Bola Tinubu for its low-priced product is the Depot and Petroleum Products Marketer’s Association of Nigeria, The PUNCH reports. The association’s secretary, however, denied reporting the refinery to Tinubu in the
Read More The group of oil marketers accused by the Vice President of Dangote Industries Limited, Devakumar Edwin, to have reported the Dangote Refinery to President Bola Tinubu for its low-priced product is the Depot and Petroleum Products Marketer’s Association of Nigeria, The PUNCH reports. The association’s secretary, however, denied reporting the refinery to Tinubu in the
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The group of oil marketers accused by the Vice President of Dangote Industries Limited, Devakumar Edwin, to have reported the Dangote Refinery to President Bola Tinubu for its low-priced product is the Depot and Petroleum Products Marketer’s Association of Nigeria, The PUNCH reports. The association’s secretary, however, denied reporting the refinery to Tinubu in the
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Beverage brand Tropace Health and Wellness Teas has launched a range of teas for Nigerians living abroad. According to a statement, Tropace’s newest releases are the company’s step in promoting health for healthy foods to Nigerians in the diaspora and an opportunity to maintain a balanced lifestyle through natural and organic products. The firm noted
Beverage brand Tropace Health and Wellness Teas has launched a range of teas for Nigerians living abroad. According to a statement, Tropace’s newest releases are the company’s step in promoting health for healthy foods to Nigerians in the diaspora and an opportunity to maintain a balanced lifestyle through natural and organic products. The firm noted
Read More Beverage brand Tropace Health and Wellness Teas has launched a range of teas for Nigerians living abroad. According to a statement, Tropace’s newest releases are the company’s step in promoting health for healthy foods to Nigerians in the diaspora and an opportunity to maintain a balanced lifestyle through natural and organic products. The firm noted
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Beverage brand Tropace Health and Wellness Teas has launched a range of teas for Nigerians living abroad. According to a statement, Tropace’s newest releases are the company’s step in promoting health for healthy foods to Nigerians in the diaspora and an opportunity to maintain a balanced lifestyle through natural and organic products. The firm noted
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Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according to a report by Afrinvest Research. The lenders and discount houses, however, deposited N493.6bn through the Standing Deposit Facility within the same period. According to the report, the spike in borrowing resulted in
Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according to a report by Afrinvest Research. The lenders and discount houses, however, deposited N493.6bn through the Standing Deposit Facility within the same period. According to the report, the spike in borrowing resulted in
Read More Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according to a report by Afrinvest Research. The lenders and discount houses, however, deposited N493.6bn through the Standing Deposit Facility within the same period. According to the report, the spike in borrowing resulted in
Read More Punch Newspapers – Business
Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the Standing Lending Facility within a week, according to a report by Afrinvest Research. The lenders and discount houses, however, deposited N493.6bn through the Standing Deposit Facility within the same period. According to the report, the spike in borrowing resulted in
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The sale of subsidised rice to the general public begins today (Monday), an official of the Federal Ministry of Agriculture and Food Security stated on Sunday, as a notice from the ministry also confirmed the commencement of the exercise. The ministry said the move is part of efforts to mitigate the soaring price of the
The sale of subsidised rice to the general public begins today (Monday), an official of the Federal Ministry of Agriculture and Food Security stated on Sunday, as a notice from the ministry also confirmed the commencement of the exercise. The ministry said the move is part of efforts to mitigate the soaring price of the
Read More The sale of subsidised rice to the general public begins today (Monday), an official of the Federal Ministry of Agriculture and Food Security stated on Sunday, as a notice from the ministry also confirmed the commencement of the exercise. The ministry said the move is part of efforts to mitigate the soaring price of the
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The sale of subsidised rice to the general public begins today (Monday), an official of the Federal Ministry of Agriculture and Food Security stated on Sunday, as a notice from the ministry also confirmed the commencement of the exercise. The ministry said the move is part of efforts to mitigate the soaring price of the
Read More
The Federal Government has commenced the free conversion of petrol-powered commercial vehicles to run on Compressed Natural Gas in Ibadan, the Oyo State capital, and in Zaria, Kaduna State. In Ibadan, about 100 commercial vehicles were converted from petrol to CNG at three different locations, namely Mobil filling station, Ibadan-Lagos expressway; Automation Auto Gas, plot
The Federal Government has commenced the free conversion of petrol-powered commercial vehicles to run on Compressed Natural Gas in Ibadan, the Oyo State capital, and in Zaria, Kaduna State. In Ibadan, about 100 commercial vehicles were converted from petrol to CNG at three different locations, namely Mobil filling station, Ibadan-Lagos expressway; Automation Auto Gas, plot
Read More The Federal Government has commenced the free conversion of petrol-powered commercial vehicles to run on Compressed Natural Gas in Ibadan, the Oyo State capital, and in Zaria, Kaduna State. In Ibadan, about 100 commercial vehicles were converted from petrol to CNG at three different locations, namely Mobil filling station, Ibadan-Lagos expressway; Automation Auto Gas, plot
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The Federal Government has commenced the free conversion of petrol-powered commercial vehicles to run on Compressed Natural Gas in Ibadan, the Oyo State capital, and in Zaria, Kaduna State. In Ibadan, about 100 commercial vehicles were converted from petrol to CNG at three different locations, namely Mobil filling station, Ibadan-Lagos expressway; Automation Auto Gas, plot
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The Federal Ministry of Housing and Urban Development has announced plans to unveil a National Digital Land Information System as part of a partnership with the World Bank to address Nigeria’s vast untitled and unregistered land. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this in a statement, noting that over 90 per
The Federal Ministry of Housing and Urban Development has announced plans to unveil a National Digital Land Information System as part of a partnership with the World Bank to address Nigeria’s vast untitled and unregistered land. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this in a statement, noting that over 90 per
Read More The Federal Ministry of Housing and Urban Development has announced plans to unveil a National Digital Land Information System as part of a partnership with the World Bank to address Nigeria’s vast untitled and unregistered land. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this in a statement, noting that over 90 per
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The Federal Ministry of Housing and Urban Development has announced plans to unveil a National Digital Land Information System as part of a partnership with the World Bank to address Nigeria’s vast untitled and unregistered land. The Minister of Housing and Urban Development, Ahmed Dangiwa, disclosed this in a statement, noting that over 90 per
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The Federal Roads Maintenance Agency is set to collaborate with the Federal Housing Authority on road construction and rehabilitation projects. The announcement was made in a recent statement issued by FERMA Director of Information and Public Relations, Maryam Sanusi. During a courtesy visit by Oyetunde Ojo, Managing Director/Chief Executive Officer of FHA, to FERMA’s headquarters
The Federal Roads Maintenance Agency is set to collaborate with the Federal Housing Authority on road construction and rehabilitation projects. The announcement was made in a recent statement issued by FERMA Director of Information and Public Relations, Maryam Sanusi. During a courtesy visit by Oyetunde Ojo, Managing Director/Chief Executive Officer of FHA, to FERMA’s headquarters
Read More The Federal Roads Maintenance Agency is set to collaborate with the Federal Housing Authority on road construction and rehabilitation projects. The announcement was made in a recent statement issued by FERMA Director of Information and Public Relations, Maryam Sanusi. During a courtesy visit by Oyetunde Ojo, Managing Director/Chief Executive Officer of FHA, to FERMA’s headquarters
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The Federal Roads Maintenance Agency is set to collaborate with the Federal Housing Authority on road construction and rehabilitation projects. The announcement was made in a recent statement issued by FERMA Director of Information and Public Relations, Maryam Sanusi. During a courtesy visit by Oyetunde Ojo, Managing Director/Chief Executive Officer of FHA, to FERMA’s headquarters
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Alaro City, in collaboration with Universal Homes, has handed over the first 48 units of the Universal One apartment complex. According to a statement from the firm on Sunday, the $90m project, set within Alaro City, marks an important milestone as it addresses the country’s housing shortage, which currently stands at an estimated deficit of
Alaro City, in collaboration with Universal Homes, has handed over the first 48 units of the Universal One apartment complex. According to a statement from the firm on Sunday, the $90m project, set within Alaro City, marks an important milestone as it addresses the country’s housing shortage, which currently stands at an estimated deficit of
Read More Alaro City, in collaboration with Universal Homes, has handed over the first 48 units of the Universal One apartment complex. According to a statement from the firm on Sunday, the $90m project, set within Alaro City, marks an important milestone as it addresses the country’s housing shortage, which currently stands at an estimated deficit of
Read More Punch Newspapers – Business
Alaro City, in collaboration with Universal Homes, has handed over the first 48 units of the Universal One apartment complex. According to a statement from the firm on Sunday, the $90m project, set within Alaro City, marks an important milestone as it addresses the country’s housing shortage, which currently stands at an estimated deficit of
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The Minister of Housing and Urban Development, Ahmed Dangiwa, has expressed concern over the recurrence of building collapses in the country and ordered the probe of the recent incident in Kano. A two-story building in Noman’s Land Quarters, Fagge Local Government Area of Kano, collapsed, trapping several individuals and resulting in two confirmed fatalities, according
The Minister of Housing and Urban Development, Ahmed Dangiwa, has expressed concern over the recurrence of building collapses in the country and ordered the probe of the recent incident in Kano. A two-story building in Noman’s Land Quarters, Fagge Local Government Area of Kano, collapsed, trapping several individuals and resulting in two confirmed fatalities, according
Read More The Minister of Housing and Urban Development, Ahmed Dangiwa, has expressed concern over the recurrence of building collapses in the country and ordered the probe of the recent incident in Kano. A two-story building in Noman’s Land Quarters, Fagge Local Government Area of Kano, collapsed, trapping several individuals and resulting in two confirmed fatalities, according
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The Minister of Housing and Urban Development, Ahmed Dangiwa, has expressed concern over the recurrence of building collapses in the country and ordered the probe of the recent incident in Kano. A two-story building in Noman’s Land Quarters, Fagge Local Government Area of Kano, collapsed, trapping several individuals and resulting in two confirmed fatalities, according
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Nigeria has been admitted into WorldSkills International, marking a historic milestone in the nation’s vocational and technical education landscape. This admission, which was formalised during the WorldSkills General Assembly in Lyon, France, on September 9, opens a new chapter for Nigeria’s Technical and Vocational Education and Training system. In a statement released on Friday, the
Nigeria has been admitted into WorldSkills International, marking a historic milestone in the nation’s vocational and technical education landscape. This admission, which was formalised during the WorldSkills General Assembly in Lyon, France, on September 9, opens a new chapter for Nigeria’s Technical and Vocational Education and Training system. In a statement released on Friday, the
Read More Nigeria has been admitted into WorldSkills International, marking a historic milestone in the nation’s vocational and technical education landscape. This admission, which was formalised during the WorldSkills General Assembly in Lyon, France, on September 9, opens a new chapter for Nigeria’s Technical and Vocational Education and Training system. In a statement released on Friday, the
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Nigeria has been admitted into WorldSkills International, marking a historic milestone in the nation’s vocational and technical education landscape. This admission, which was formalised during the WorldSkills General Assembly in Lyon, France, on September 9, opens a new chapter for Nigeria’s Technical and Vocational Education and Training system. In a statement released on Friday, the
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The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment Fund, aimed at addressing Nigeria’s housing deficit by partnering with the pension and financial sectors to provide affordable housing. The initiative is a key part of the One Million Homes Presidential Initiative, designed to offer low-cost mortgage financing options to eligible Nigerians.
The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment Fund, aimed at addressing Nigeria’s housing deficit by partnering with the pension and financial sectors to provide affordable housing. The initiative is a key part of the One Million Homes Presidential Initiative, designed to offer low-cost mortgage financing options to eligible Nigerians.
Read More The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment Fund, aimed at addressing Nigeria’s housing deficit by partnering with the pension and financial sectors to provide affordable housing. The initiative is a key part of the One Million Homes Presidential Initiative, designed to offer low-cost mortgage financing options to eligible Nigerians.
Read More Punch Newspapers – Business
The Federal Government has launched the Ministry of Finance Incorporated Real Estate Investment Fund, aimed at addressing Nigeria’s housing deficit by partnering with the pension and financial sectors to provide affordable housing. The initiative is a key part of the One Million Homes Presidential Initiative, designed to offer low-cost mortgage financing options to eligible Nigerians.
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A real estate firm, Cipriani Limited, has announced a partnership with the Federal Ministry of Science and Technology on the development of smart cities in Abuja. The partnership was sealed on Friday when the Chief Executive Officer of the firm, Segun Maku, paid a visit to the ministry. He stated that the partnership would birth
A real estate firm, Cipriani Limited, has announced a partnership with the Federal Ministry of Science and Technology on the development of smart cities in Abuja. The partnership was sealed on Friday when the Chief Executive Officer of the firm, Segun Maku, paid a visit to the ministry. He stated that the partnership would birth
Read More A real estate firm, Cipriani Limited, has announced a partnership with the Federal Ministry of Science and Technology on the development of smart cities in Abuja. The partnership was sealed on Friday when the Chief Executive Officer of the firm, Segun Maku, paid a visit to the ministry. He stated that the partnership would birth
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A real estate firm, Cipriani Limited, has announced a partnership with the Federal Ministry of Science and Technology on the development of smart cities in Abuja. The partnership was sealed on Friday when the Chief Executive Officer of the firm, Segun Maku, paid a visit to the ministry. He stated that the partnership would birth
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Minister of Aviation and Aerospace Development, Festus Keyamo, recently wrote a diplomatic letter to the United Kingdom aviation handlers requesting landing slots for Air Peace, at the UK’s Choice airport in Heathrow. These requests sparked discussions in the industry, OLASUNKANMI AKINLOTAN x-rays the matter The media has been filled with reports about the protest letter
Minister of Aviation and Aerospace Development, Festus Keyamo, recently wrote a diplomatic letter to the United Kingdom aviation handlers requesting landing slots for Air Peace, at the UK’s Choice airport in Heathrow. These requests sparked discussions in the industry, OLASUNKANMI AKINLOTAN x-rays the matter The media has been filled with reports about the protest letter
Read More Minister of Aviation and Aerospace Development, Festus Keyamo, recently wrote a diplomatic letter to the United Kingdom aviation handlers requesting landing slots for Air Peace, at the UK’s Choice airport in Heathrow. These requests sparked discussions in the industry, OLASUNKANMI AKINLOTAN x-rays the matter The media has been filled with reports about the protest letter
Read More Punch Newspapers – Business
Minister of Aviation and Aerospace Development, Festus Keyamo, recently wrote a diplomatic letter to the United Kingdom aviation handlers requesting landing slots for Air Peace, at the UK’s Choice airport in Heathrow. These requests sparked discussions in the industry, OLASUNKANMI AKINLOTAN x-rays the matter The media has been filled with reports about the protest letter
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The lack of retirement plans is one of the major challenges people in the informal sector face on the days they are no longer active to work. DARE OLAWIN highlights why self-employed persons should plan for their post-work life The energy to work keeps draining gradually as one ages in life and retirement is inevitable
The lack of retirement plans is one of the major challenges people in the informal sector face on the days they are no longer active to work. DARE OLAWIN highlights why self-employed persons should plan for their post-work life The energy to work keeps draining gradually as one ages in life and retirement is inevitable
Read More The lack of retirement plans is one of the major challenges people in the informal sector face on the days they are no longer active to work. DARE OLAWIN highlights why self-employed persons should plan for their post-work life The energy to work keeps draining gradually as one ages in life and retirement is inevitable
Read More Punch Newspapers – Business
The lack of retirement plans is one of the major challenges people in the informal sector face on the days they are no longer active to work. DARE OLAWIN highlights why self-employed persons should plan for their post-work life The energy to work keeps draining gradually as one ages in life and retirement is inevitable
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The Federal Government has urged traders to explore new ways of doing things by making maximum use of technology in a bid to grow and expand their businesses. The Minister of State for Labour, Employment and Productivity, Nkeiruka Onyejeocha, advised that “marketplaces should not only be spaces of traditional commerce, but hubs of innovation where
The Federal Government has urged traders to explore new ways of doing things by making maximum use of technology in a bid to grow and expand their businesses. The Minister of State for Labour, Employment and Productivity, Nkeiruka Onyejeocha, advised that “marketplaces should not only be spaces of traditional commerce, but hubs of innovation where
Read More The Federal Government has urged traders to explore new ways of doing things by making maximum use of technology in a bid to grow and expand their businesses. The Minister of State for Labour, Employment and Productivity, Nkeiruka Onyejeocha, advised that “marketplaces should not only be spaces of traditional commerce, but hubs of innovation where
Read More Punch Newspapers – Business
The Federal Government has urged traders to explore new ways of doing things by making maximum use of technology in a bid to grow and expand their businesses. The Minister of State for Labour, Employment and Productivity, Nkeiruka Onyejeocha, advised that “marketplaces should not only be spaces of traditional commerce, but hubs of innovation where
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The National Inland Waterways Authority has commenced a sensitisation and enforcement drive to ensure full compliance with the waterways transportation code in Lagos jetties. The agency said that the move was aimed at improving safety and regulation on the state’s waterways. Speaking during a sensitisation exercise in Lagos recently, the Lagos Area Manager of NIWA,
The National Inland Waterways Authority has commenced a sensitisation and enforcement drive to ensure full compliance with the waterways transportation code in Lagos jetties. The agency said that the move was aimed at improving safety and regulation on the state’s waterways. Speaking during a sensitisation exercise in Lagos recently, the Lagos Area Manager of NIWA,
Read More The National Inland Waterways Authority has commenced a sensitisation and enforcement drive to ensure full compliance with the waterways transportation code in Lagos jetties. The agency said that the move was aimed at improving safety and regulation on the state’s waterways. Speaking during a sensitisation exercise in Lagos recently, the Lagos Area Manager of NIWA,
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The National Inland Waterways Authority has commenced a sensitisation and enforcement drive to ensure full compliance with the waterways transportation code in Lagos jetties. The agency said that the move was aimed at improving safety and regulation on the state’s waterways. Speaking during a sensitisation exercise in Lagos recently, the Lagos Area Manager of NIWA,
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Nigeria has been ranked among Tier 3 countries in the latest Global Cybersecurity Index 2024 released by the International Telecommunication Union. The GCI 2024, which was released recently, categorised countries into five tiers, with Tier 1 representing the highest level of cybersecurity commitment across legal, technical, organizational, capacity-building, and cooperative pillars. Nigeria, placed in Tier
Nigeria has been ranked among Tier 3 countries in the latest Global Cybersecurity Index 2024 released by the International Telecommunication Union. The GCI 2024, which was released recently, categorised countries into five tiers, with Tier 1 representing the highest level of cybersecurity commitment across legal, technical, organizational, capacity-building, and cooperative pillars. Nigeria, placed in Tier
Read More Nigeria has been ranked among Tier 3 countries in the latest Global Cybersecurity Index 2024 released by the International Telecommunication Union. The GCI 2024, which was released recently, categorised countries into five tiers, with Tier 1 representing the highest level of cybersecurity commitment across legal, technical, organizational, capacity-building, and cooperative pillars. Nigeria, placed in Tier
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Nigeria has been ranked among Tier 3 countries in the latest Global Cybersecurity Index 2024 released by the International Telecommunication Union. The GCI 2024, which was released recently, categorised countries into five tiers, with Tier 1 representing the highest level of cybersecurity commitment across legal, technical, organizational, capacity-building, and cooperative pillars. Nigeria, placed in Tier
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After The PUNCH reported on the large sums of money allocated for the construction of new airports in the southwest states, former Governor of Ogun State, Gbenga Daniel, clarified that one of the two non-operational airports in the state was intended to be driven by the private sector and was not built using government funds.
After The PUNCH reported on the large sums of money allocated for the construction of new airports in the southwest states, former Governor of Ogun State, Gbenga Daniel, clarified that one of the two non-operational airports in the state was intended to be driven by the private sector and was not built using government funds.
Read More After The PUNCH reported on the large sums of money allocated for the construction of new airports in the southwest states, former Governor of Ogun State, Gbenga Daniel, clarified that one of the two non-operational airports in the state was intended to be driven by the private sector and was not built using government funds.
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After The PUNCH reported on the large sums of money allocated for the construction of new airports in the southwest states, former Governor of Ogun State, Gbenga Daniel, clarified that one of the two non-operational airports in the state was intended to be driven by the private sector and was not built using government funds.
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Uganda Airlines has launched direct flights from Abuja to Entebbe, a city in Central Uganda. The airline said that the new route was expected to enhance connectivity, reduce travel time, boost trade and tourism between the two countries and provide travellers with an efficient link between West and East Africa. The airlines made this known
Uganda Airlines has launched direct flights from Abuja to Entebbe, a city in Central Uganda. The airline said that the new route was expected to enhance connectivity, reduce travel time, boost trade and tourism between the two countries and provide travellers with an efficient link between West and East Africa. The airlines made this known
Read More Uganda Airlines has launched direct flights from Abuja to Entebbe, a city in Central Uganda. The airline said that the new route was expected to enhance connectivity, reduce travel time, boost trade and tourism between the two countries and provide travellers with an efficient link between West and East Africa. The airlines made this known
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Uganda Airlines has launched direct flights from Abuja to Entebbe, a city in Central Uganda. The airline said that the new route was expected to enhance connectivity, reduce travel time, boost trade and tourism between the two countries and provide travellers with an efficient link between West and East Africa. The airlines made this known
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Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024, Sunday PUNCH reports. The amount represents an increase of 158.76 per cent from N985.27bn collected in the preceding period of 2023. The figure includes Company Income Tax and Value Added
Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024, Sunday PUNCH reports. The amount represents an increase of 158.76 per cent from N985.27bn collected in the preceding period of 2023. The figure includes Company Income Tax and Value Added
Read More Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024, Sunday PUNCH reports. The amount represents an increase of 158.76 per cent from N985.27bn collected in the preceding period of 2023. The figure includes Company Income Tax and Value Added
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Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024, Sunday PUNCH reports. The amount represents an increase of 158.76 per cent from N985.27bn collected in the preceding period of 2023. The figure includes Company Income Tax and Value Added
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The Financial Centre for Sustainability, Lagos, has urged stakeholders to prioritise sustainable finance for a clean climate-friendly environment in Nigeria According to a statement obtained by our correspondent on Saturday, the centre made the call at the signing of a Memorandum of Understanding with Redwood Consulting for its brand, Marketing and Communications Strategy in Lagos.
The Financial Centre for Sustainability, Lagos, has urged stakeholders to prioritise sustainable finance for a clean climate-friendly environment in Nigeria According to a statement obtained by our correspondent on Saturday, the centre made the call at the signing of a Memorandum of Understanding with Redwood Consulting for its brand, Marketing and Communications Strategy in Lagos.
Read More The Financial Centre for Sustainability, Lagos, has urged stakeholders to prioritise sustainable finance for a clean climate-friendly environment in Nigeria According to a statement obtained by our correspondent on Saturday, the centre made the call at the signing of a Memorandum of Understanding with Redwood Consulting for its brand, Marketing and Communications Strategy in Lagos.
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The Financial Centre for Sustainability, Lagos, has urged stakeholders to prioritise sustainable finance for a clean climate-friendly environment in Nigeria According to a statement obtained by our correspondent on Saturday, the centre made the call at the signing of a Memorandum of Understanding with Redwood Consulting for its brand, Marketing and Communications Strategy in Lagos.
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No fewer than 300 trucks belonging to the Nigerian National Petroleum Company Limited are at the Dangote refinery at the moment. NNPC spokesperson, Olufemi Soneye confirmed this in a video on his X handle on Saturday. Soneye said the trucks were arriving in preparation for the loading of petrol on Sunday. “NNPC Ltd. trucks are
No fewer than 300 trucks belonging to the Nigerian National Petroleum Company Limited are at the Dangote refinery at the moment. NNPC spokesperson, Olufemi Soneye confirmed this in a video on his X handle on Saturday. Soneye said the trucks were arriving in preparation for the loading of petrol on Sunday. “NNPC Ltd. trucks are
Read More No fewer than 300 trucks belonging to the Nigerian National Petroleum Company Limited are at the Dangote refinery at the moment. NNPC spokesperson, Olufemi Soneye confirmed this in a video on his X handle on Saturday. Soneye said the trucks were arriving in preparation for the loading of petrol on Sunday. “NNPC Ltd. trucks are
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No fewer than 300 trucks belonging to the Nigerian National Petroleum Company Limited are at the Dangote refinery at the moment. NNPC spokesperson, Olufemi Soneye confirmed this in a video on his X handle on Saturday. Soneye said the trucks were arriving in preparation for the loading of petrol on Sunday. “NNPC Ltd. trucks are
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Nigerian commercial banks have lost a total sum of N42.6bn to fraud and forgeries over a three-month period from April to June this year, a new report has stated. The amount lost in the second quarter of 2024 alone exceeded the total amount lost to fraud by the banks throughout the entire year of 2023.
Nigerian commercial banks have lost a total sum of N42.6bn to fraud and forgeries over a three-month period from April to June this year, a new report has stated. The amount lost in the second quarter of 2024 alone exceeded the total amount lost to fraud by the banks throughout the entire year of 2023.
Read More Nigerian commercial banks have lost a total sum of N42.6bn to fraud and forgeries over a three-month period from April to June this year, a new report has stated. The amount lost in the second quarter of 2024 alone exceeded the total amount lost to fraud by the banks throughout the entire year of 2023.
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Nigerian commercial banks have lost a total sum of N42.6bn to fraud and forgeries over a three-month period from April to June this year, a new report has stated. The amount lost in the second quarter of 2024 alone exceeded the total amount lost to fraud by the banks throughout the entire year of 2023.
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The Nigeria Labour Congress has partnered with the Nigerian Bar Association to promote the rule of law and protect citizen rights. The Nigeria Labour Congress President, Comrade Joe Ajaero, on Thursday visited the Nigerian Bar Association and was received by the newly elected NBA President, Afam Osigwe (SAN), and his team. A statement issued by
The Nigeria Labour Congress has partnered with the Nigerian Bar Association to promote the rule of law and protect citizen rights. The Nigeria Labour Congress President, Comrade Joe Ajaero, on Thursday visited the Nigerian Bar Association and was received by the newly elected NBA President, Afam Osigwe (SAN), and his team. A statement issued by
Read More The Nigeria Labour Congress has partnered with the Nigerian Bar Association to promote the rule of law and protect citizen rights. The Nigeria Labour Congress President, Comrade Joe Ajaero, on Thursday visited the Nigerian Bar Association and was received by the newly elected NBA President, Afam Osigwe (SAN), and his team. A statement issued by
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The Nigeria Labour Congress has partnered with the Nigerian Bar Association to promote the rule of law and protect citizen rights. The Nigeria Labour Congress President, Comrade Joe Ajaero, on Thursday visited the Nigerian Bar Association and was received by the newly elected NBA President, Afam Osigwe (SAN), and his team. A statement issued by
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The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company for overbilling customers. The penalty, documented in Order NERC/2024/114, was issued as part of the commission’s September 2024 Supplementary Order. The regulatory document, ORDER/NERC/2024/114, which was dated August 30 and signed by Vice Chairman Musiliu Oseni and Commissioner, Legal, Licensing
The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company for overbilling customers. The penalty, documented in Order NERC/2024/114, was issued as part of the commission’s September 2024 Supplementary Order. The regulatory document, ORDER/NERC/2024/114, which was dated August 30 and signed by Vice Chairman Musiliu Oseni and Commissioner, Legal, Licensing
Read More The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company for overbilling customers. The penalty, documented in Order NERC/2024/114, was issued as part of the commission’s September 2024 Supplementary Order. The regulatory document, ORDER/NERC/2024/114, which was dated August 30 and signed by Vice Chairman Musiliu Oseni and Commissioner, Legal, Licensing
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The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company for overbilling customers. The penalty, documented in Order NERC/2024/114, was issued as part of the commission’s September 2024 Supplementary Order. The regulatory document, ORDER/NERC/2024/114, which was dated August 30 and signed by Vice Chairman Musiliu Oseni and Commissioner, Legal, Licensing
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Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10, highlighting an improved financial outlook for the country. Data sourced from a report by the Central Bank of Nigeria and analysed on Thursday showed the rise in the country’s foreign exchange reserves. The reserves, crucial for stabilising the naira, financing
Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10, highlighting an improved financial outlook for the country. Data sourced from a report by the Central Bank of Nigeria and analysed on Thursday showed the rise in the country’s foreign exchange reserves. The reserves, crucial for stabilising the naira, financing
Read More Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10, highlighting an improved financial outlook for the country. Data sourced from a report by the Central Bank of Nigeria and analysed on Thursday showed the rise in the country’s foreign exchange reserves. The reserves, crucial for stabilising the naira, financing
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Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10, highlighting an improved financial outlook for the country. Data sourced from a report by the Central Bank of Nigeria and analysed on Thursday showed the rise in the country’s foreign exchange reserves. The reserves, crucial for stabilising the naira, financing
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Governor Dapo Abiodun of Ogun State urges personnel managers in the state to utilize the insights and networking from the 10th Chartered Institute of Personnel Management conference for growth and development. He said this in a goodwill message delivered at the awards presentation ceremony to round off the CIPM annual conference, which was held recently
Governor Dapo Abiodun of Ogun State urges personnel managers in the state to utilize the insights and networking from the 10th Chartered Institute of Personnel Management conference for growth and development. He said this in a goodwill message delivered at the awards presentation ceremony to round off the CIPM annual conference, which was held recently
Read More Governor Dapo Abiodun of Ogun State urges personnel managers in the state to utilize the insights and networking from the 10th Chartered Institute of Personnel Management conference for growth and development. He said this in a goodwill message delivered at the awards presentation ceremony to round off the CIPM annual conference, which was held recently
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Governor Dapo Abiodun of Ogun State urges personnel managers in the state to utilize the insights and networking from the 10th Chartered Institute of Personnel Management conference for growth and development. He said this in a goodwill message delivered at the awards presentation ceremony to round off the CIPM annual conference, which was held recently
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E-commerce platform, Jumia Nigeria, has kicked off the Jumia Festival 2024, a two-week shopping event aimed at offering discounts on products and empowering businesses to reach a broader audience. The festival, themed ‘Shop Authentic, Save More’, kicked off on September 13, and will run until September 29, 2024. According to Jumia in a statement, the
E-commerce platform, Jumia Nigeria, has kicked off the Jumia Festival 2024, a two-week shopping event aimed at offering discounts on products and empowering businesses to reach a broader audience. The festival, themed ‘Shop Authentic, Save More’, kicked off on September 13, and will run until September 29, 2024. According to Jumia in a statement, the
Read More E-commerce platform, Jumia Nigeria, has kicked off the Jumia Festival 2024, a two-week shopping event aimed at offering discounts on products and empowering businesses to reach a broader audience. The festival, themed ‘Shop Authentic, Save More’, kicked off on September 13, and will run until September 29, 2024. According to Jumia in a statement, the
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E-commerce platform, Jumia Nigeria, has kicked off the Jumia Festival 2024, a two-week shopping event aimed at offering discounts on products and empowering businesses to reach a broader audience. The festival, themed ‘Shop Authentic, Save More’, kicked off on September 13, and will run until September 29, 2024. According to Jumia in a statement, the
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The Federal Ministry of Budget and Economic Planning and the Ministry of Finance have emphasised the strategic coordination of policies and payments in Nigeria, particularly in addressing national financial commitments. The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, highlighted the ongoing collaboration between ministries to ensure that national financial obligations were met in
The Federal Ministry of Budget and Economic Planning and the Ministry of Finance have emphasised the strategic coordination of policies and payments in Nigeria, particularly in addressing national financial commitments. The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, highlighted the ongoing collaboration between ministries to ensure that national financial obligations were met in
Read More The Federal Ministry of Budget and Economic Planning and the Ministry of Finance have emphasised the strategic coordination of policies and payments in Nigeria, particularly in addressing national financial commitments. The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, highlighted the ongoing collaboration between ministries to ensure that national financial obligations were met in
Read More Punch Newspapers – Business
The Federal Ministry of Budget and Economic Planning and the Ministry of Finance have emphasised the strategic coordination of policies and payments in Nigeria, particularly in addressing national financial commitments. The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, highlighted the ongoing collaboration between ministries to ensure that national financial obligations were met in
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The Nigerian Bulk Electricity Trading Plc has requested the renewal of its operating licence from the Nigerian Electricity Regulatory Commission, citing its contributions to the power sector. NBET’s current licence is set to expire on November 21, 2024, and it is seeking a five-year renewal. The request was made during a public hearing organised by
The Nigerian Bulk Electricity Trading Plc has requested the renewal of its operating licence from the Nigerian Electricity Regulatory Commission, citing its contributions to the power sector. NBET’s current licence is set to expire on November 21, 2024, and it is seeking a five-year renewal. The request was made during a public hearing organised by
Read More The Nigerian Bulk Electricity Trading Plc has requested the renewal of its operating licence from the Nigerian Electricity Regulatory Commission, citing its contributions to the power sector. NBET’s current licence is set to expire on November 21, 2024, and it is seeking a five-year renewal. The request was made during a public hearing organised by
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The Nigerian Bulk Electricity Trading Plc has requested the renewal of its operating licence from the Nigerian Electricity Regulatory Commission, citing its contributions to the power sector. NBET’s current licence is set to expire on November 21, 2024, and it is seeking a five-year renewal. The request was made during a public hearing organised by
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The value of the naira recorded its highest gain by 4.8 per cent against the US dollar in nearly two months after the sale of the country’s debut domestic dollar bond. This marked the biggest jump since July 22. The currency closed at 1,558 naira per dollar on Wednesday, its strongest level against the greenback
The value of the naira recorded its highest gain by 4.8 per cent against the US dollar in nearly two months after the sale of the country’s debut domestic dollar bond. This marked the biggest jump since July 22. The currency closed at 1,558 naira per dollar on Wednesday, its strongest level against the greenback
Read More The value of the naira recorded its highest gain by 4.8 per cent against the US dollar in nearly two months after the sale of the country’s debut domestic dollar bond. This marked the biggest jump since July 22. The currency closed at 1,558 naira per dollar on Wednesday, its strongest level against the greenback
Read More Punch Newspapers – Business
The value of the naira recorded its highest gain by 4.8 per cent against the US dollar in nearly two months after the sale of the country’s debut domestic dollar bond. This marked the biggest jump since July 22. The currency closed at 1,558 naira per dollar on Wednesday, its strongest level against the greenback
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The Chief Executive Officer/Managing Partner of Smart Choice, LLC, Atlanta, Georgia, Special Apostle Prophet Anthony Samaye, has been appointed the new Conference Secretary General of Cherubim & Seraphim Movement Church Worldwide Ayo Ni O. The church disclosed a letter dated September 4, 2024, signed by the Spiritual Father and Chairman of the church, His Grace,
The Chief Executive Officer/Managing Partner of Smart Choice, LLC, Atlanta, Georgia, Special Apostle Prophet Anthony Samaye, has been appointed the new Conference Secretary General of Cherubim & Seraphim Movement Church Worldwide Ayo Ni O. The church disclosed a letter dated September 4, 2024, signed by the Spiritual Father and Chairman of the church, His Grace,
Read More The Chief Executive Officer/Managing Partner of Smart Choice, LLC, Atlanta, Georgia, Special Apostle Prophet Anthony Samaye, has been appointed the new Conference Secretary General of Cherubim & Seraphim Movement Church Worldwide Ayo Ni O. The church disclosed a letter dated September 4, 2024, signed by the Spiritual Father and Chairman of the church, His Grace,
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The Chief Executive Officer/Managing Partner of Smart Choice, LLC, Atlanta, Georgia, Special Apostle Prophet Anthony Samaye, has been appointed the new Conference Secretary General of Cherubim & Seraphim Movement Church Worldwide Ayo Ni O. The church disclosed a letter dated September 4, 2024, signed by the Spiritual Father and Chairman of the church, His Grace,
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Food and drink manufacturer, CHI Limited has won multiple accolades at the ‘Africa’s Most Admired Brands Awards.’ According to a statement from the firm, its flagship products, Chivita and Hollandia, received recognition at the awards ceremony recently held in Lagos. According to the firm, Chivita 100% Fruit Juice was awarded ‘Most Admired Natural Juice Brand’,
Food and drink manufacturer, CHI Limited has won multiple accolades at the ‘Africa’s Most Admired Brands Awards.’ According to a statement from the firm, its flagship products, Chivita and Hollandia, received recognition at the awards ceremony recently held in Lagos. According to the firm, Chivita 100% Fruit Juice was awarded ‘Most Admired Natural Juice Brand’,
Read More Food and drink manufacturer, CHI Limited has won multiple accolades at the ‘Africa’s Most Admired Brands Awards.’ According to a statement from the firm, its flagship products, Chivita and Hollandia, received recognition at the awards ceremony recently held in Lagos. According to the firm, Chivita 100% Fruit Juice was awarded ‘Most Admired Natural Juice Brand’,
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Food and drink manufacturer, CHI Limited has won multiple accolades at the ‘Africa’s Most Admired Brands Awards.’ According to a statement from the firm, its flagship products, Chivita and Hollandia, received recognition at the awards ceremony recently held in Lagos. According to the firm, Chivita 100% Fruit Juice was awarded ‘Most Admired Natural Juice Brand’,
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The Maritime Workers Union of Nigeria has expressed displeasure over the continuous delay in the renewal of the licences of the terminal operators. According to them, the uncertainty surrounding the delay in terminal licence renewal is currently negatively impacting port operations. The President General of MWUN, Adewale Adeyanju, said this in Lagos on Thursday at
The Maritime Workers Union of Nigeria has expressed displeasure over the continuous delay in the renewal of the licences of the terminal operators. According to them, the uncertainty surrounding the delay in terminal licence renewal is currently negatively impacting port operations. The President General of MWUN, Adewale Adeyanju, said this in Lagos on Thursday at
Read More The Maritime Workers Union of Nigeria has expressed displeasure over the continuous delay in the renewal of the licences of the terminal operators. According to them, the uncertainty surrounding the delay in terminal licence renewal is currently negatively impacting port operations. The President General of MWUN, Adewale Adeyanju, said this in Lagos on Thursday at
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The Maritime Workers Union of Nigeria has expressed displeasure over the continuous delay in the renewal of the licences of the terminal operators. According to them, the uncertainty surrounding the delay in terminal licence renewal is currently negatively impacting port operations. The President General of MWUN, Adewale Adeyanju, said this in Lagos on Thursday at
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The Federal Government has unveiled details of its strategic plans to generate at least $100bn and create over two million jobs from Nigeria’s creative economy yearly. The Minister of Art, Culture and the Creative Economy, Hannatu Musawa, unveiled the government’s plan on Wednesday at a roundtable for local and international investors where she presented her
The Federal Government has unveiled details of its strategic plans to generate at least $100bn and create over two million jobs from Nigeria’s creative economy yearly. The Minister of Art, Culture and the Creative Economy, Hannatu Musawa, unveiled the government’s plan on Wednesday at a roundtable for local and international investors where she presented her
Read More The Federal Government has unveiled details of its strategic plans to generate at least $100bn and create over two million jobs from Nigeria’s creative economy yearly. The Minister of Art, Culture and the Creative Economy, Hannatu Musawa, unveiled the government’s plan on Wednesday at a roundtable for local and international investors where she presented her
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The Federal Government has unveiled details of its strategic plans to generate at least $100bn and create over two million jobs from Nigeria’s creative economy yearly. The Minister of Art, Culture and the Creative Economy, Hannatu Musawa, unveiled the government’s plan on Wednesday at a roundtable for local and international investors where she presented her
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The African Development Bank has announced the successful launch and pricing of a new $2bn five-year social benchmark bond, which is set to mature on September 18, 2029. A social benchmark bond is a type of bond issued specifically to raise funds for social projects and initiatives. According to the bank, this issuance coincides with
The African Development Bank has announced the successful launch and pricing of a new $2bn five-year social benchmark bond, which is set to mature on September 18, 2029. A social benchmark bond is a type of bond issued specifically to raise funds for social projects and initiatives. According to the bank, this issuance coincides with
Read More The African Development Bank has announced the successful launch and pricing of a new $2bn five-year social benchmark bond, which is set to mature on September 18, 2029. A social benchmark bond is a type of bond issued specifically to raise funds for social projects and initiatives. According to the bank, this issuance coincides with
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The African Development Bank has announced the successful launch and pricing of a new $2bn five-year social benchmark bond, which is set to mature on September 18, 2029. A social benchmark bond is a type of bond issued specifically to raise funds for social projects and initiatives. According to the bank, this issuance coincides with
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The National Office for Technology Acquisition and Promotion has stated that inventors of creative intellectual property can only hold exclusive rights to their works for 20 years. After this period, the invention will be transferred to the public domain and can be used by any individual. The Director-General, NOTAP, Obiageli Amadiobi, disclosed this at a
The National Office for Technology Acquisition and Promotion has stated that inventors of creative intellectual property can only hold exclusive rights to their works for 20 years. After this period, the invention will be transferred to the public domain and can be used by any individual. The Director-General, NOTAP, Obiageli Amadiobi, disclosed this at a
Read More The National Office for Technology Acquisition and Promotion has stated that inventors of creative intellectual property can only hold exclusive rights to their works for 20 years. After this period, the invention will be transferred to the public domain and can be used by any individual. The Director-General, NOTAP, Obiageli Amadiobi, disclosed this at a
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The National Office for Technology Acquisition and Promotion has stated that inventors of creative intellectual property can only hold exclusive rights to their works for 20 years. After this period, the invention will be transferred to the public domain and can be used by any individual. The Director-General, NOTAP, Obiageli Amadiobi, disclosed this at a
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Traders in Lagos have debunked the claim that they were inflating prices of goods, rather blaming police extortion, energy and petrol price hikes for the high prices of goods. This is following recent campaigns against exploitative pricing by the Federal Competition and Consumers Protection Commission. The PUNCH reports that at a one-day stakeholders meeting in
Traders in Lagos have debunked the claim that they were inflating prices of goods, rather blaming police extortion, energy and petrol price hikes for the high prices of goods. This is following recent campaigns against exploitative pricing by the Federal Competition and Consumers Protection Commission. The PUNCH reports that at a one-day stakeholders meeting in
Read More Traders in Lagos have debunked the claim that they were inflating prices of goods, rather blaming police extortion, energy and petrol price hikes for the high prices of goods. This is following recent campaigns against exploitative pricing by the Federal Competition and Consumers Protection Commission. The PUNCH reports that at a one-day stakeholders meeting in
Read More Punch Newspapers – Business
Traders in Lagos have debunked the claim that they were inflating prices of goods, rather blaming police extortion, energy and petrol price hikes for the high prices of goods. This is following recent campaigns against exploitative pricing by the Federal Competition and Consumers Protection Commission. The PUNCH reports that at a one-day stakeholders meeting in
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The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank to calculate and remit the Value Added Tax on the commission received from Remita transactions between 2015 and 2022 to the Federal Government. Remita is a financial solution gateway technology used by the Federal Government for the collection of revenue for Ministries, Departments,
The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank to calculate and remit the Value Added Tax on the commission received from Remita transactions between 2015 and 2022 to the Federal Government. Remita is a financial solution gateway technology used by the Federal Government for the collection of revenue for Ministries, Departments,
Read More The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank to calculate and remit the Value Added Tax on the commission received from Remita transactions between 2015 and 2022 to the Federal Government. Remita is a financial solution gateway technology used by the Federal Government for the collection of revenue for Ministries, Departments,
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The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank to calculate and remit the Value Added Tax on the commission received from Remita transactions between 2015 and 2022 to the Federal Government. Remita is a financial solution gateway technology used by the Federal Government for the collection of revenue for Ministries, Departments,
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Former Ogun State Governor, Aremo Osoba and Nigerians in Diaspora Commission’s Chairperson, Abike Dabiri-Erewa, have applauded Pelican Valley Nigeria Limited for its eco-friendly estate in Ogun State. According to a statement, the former governor was honoured at the official unveiling ceremony of the first set of the estate’s homes at the Masa-Kobape corridor with the
Former Ogun State Governor, Aremo Osoba and Nigerians in Diaspora Commission’s Chairperson, Abike Dabiri-Erewa, have applauded Pelican Valley Nigeria Limited for its eco-friendly estate in Ogun State. According to a statement, the former governor was honoured at the official unveiling ceremony of the first set of the estate’s homes at the Masa-Kobape corridor with the
Read More Former Ogun State Governor, Aremo Osoba and Nigerians in Diaspora Commission’s Chairperson, Abike Dabiri-Erewa, have applauded Pelican Valley Nigeria Limited for its eco-friendly estate in Ogun State. According to a statement, the former governor was honoured at the official unveiling ceremony of the first set of the estate’s homes at the Masa-Kobape corridor with the
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Former Ogun State Governor, Aremo Osoba and Nigerians in Diaspora Commission’s Chairperson, Abike Dabiri-Erewa, have applauded Pelican Valley Nigeria Limited for its eco-friendly estate in Ogun State. According to a statement, the former governor was honoured at the official unveiling ceremony of the first set of the estate’s homes at the Masa-Kobape corridor with the
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The Economic Development Assembly has called on G20 members to support the World Bank’s IDA21 to help low-income countries tackle development challenges. This push will be further made at the inaugural Economic Development Assembly on October 9-10 in Abidjan, Côte d’Ivoire. The event, with the theme: ‘Advancing Africa’s Future’, will be organised by Global Citizen
The Economic Development Assembly has called on G20 members to support the World Bank’s IDA21 to help low-income countries tackle development challenges. This push will be further made at the inaugural Economic Development Assembly on October 9-10 in Abidjan, Côte d’Ivoire. The event, with the theme: ‘Advancing Africa’s Future’, will be organised by Global Citizen
Read More The Economic Development Assembly has called on G20 members to support the World Bank’s IDA21 to help low-income countries tackle development challenges. This push will be further made at the inaugural Economic Development Assembly on October 9-10 in Abidjan, Côte d’Ivoire. The event, with the theme: ‘Advancing Africa’s Future’, will be organised by Global Citizen
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The Economic Development Assembly has called on G20 members to support the World Bank’s IDA21 to help low-income countries tackle development challenges. This push will be further made at the inaugural Economic Development Assembly on October 9-10 in Abidjan, Côte d’Ivoire. The event, with the theme: ‘Advancing Africa’s Future’, will be organised by Global Citizen
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The IREDE Foundation has urged the Federal and State Governments to fully implement the disability law, which includes inclusive budgeting for children with disabilities to enable them to have access to all rights and privileges like every other child. The founder of The IREDE Foundation, Mrs Crystal Chigbu, made this call during the handover partnership
The IREDE Foundation has urged the Federal and State Governments to fully implement the disability law, which includes inclusive budgeting for children with disabilities to enable them to have access to all rights and privileges like every other child. The founder of The IREDE Foundation, Mrs Crystal Chigbu, made this call during the handover partnership
Read More The IREDE Foundation has urged the Federal and State Governments to fully implement the disability law, which includes inclusive budgeting for children with disabilities to enable them to have access to all rights and privileges like every other child. The founder of The IREDE Foundation, Mrs Crystal Chigbu, made this call during the handover partnership
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The IREDE Foundation has urged the Federal and State Governments to fully implement the disability law, which includes inclusive budgeting for children with disabilities to enable them to have access to all rights and privileges like every other child. The founder of The IREDE Foundation, Mrs Crystal Chigbu, made this call during the handover partnership
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The Federal Government has said that the water, sanitation, and hygiene facilities in the country are vulnerable to climate change. The government said this at the validation workshop on WASH facilities’ technical designs, specifications, and drawings to be climate resilient in Abuja on Thursday. The Federal Ministry of Water Resources in collaboration with UNICEF is
The Federal Government has said that the water, sanitation, and hygiene facilities in the country are vulnerable to climate change. The government said this at the validation workshop on WASH facilities’ technical designs, specifications, and drawings to be climate resilient in Abuja on Thursday. The Federal Ministry of Water Resources in collaboration with UNICEF is
Read More The Federal Government has said that the water, sanitation, and hygiene facilities in the country are vulnerable to climate change. The government said this at the validation workshop on WASH facilities’ technical designs, specifications, and drawings to be climate resilient in Abuja on Thursday. The Federal Ministry of Water Resources in collaboration with UNICEF is
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The Federal Government has said that the water, sanitation, and hygiene facilities in the country are vulnerable to climate change. The government said this at the validation workshop on WASH facilities’ technical designs, specifications, and drawings to be climate resilient in Abuja on Thursday. The Federal Ministry of Water Resources in collaboration with UNICEF is
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Critical sectors of the Nigerian economy are set to receive monetary boosts worth N589bn (£272.6m) following the conclusion of eight partnership agreements signed between the Federal Government and the United Kingdom. This was disclosed in a statement issued by the Ministry of Budget and Economic Planning, Atiku Bagudu, on Thursday in Abuja. The programme implementation
Critical sectors of the Nigerian economy are set to receive monetary boosts worth N589bn (£272.6m) following the conclusion of eight partnership agreements signed between the Federal Government and the United Kingdom. This was disclosed in a statement issued by the Ministry of Budget and Economic Planning, Atiku Bagudu, on Thursday in Abuja. The programme implementation
Read More Critical sectors of the Nigerian economy are set to receive monetary boosts worth N589bn (£272.6m) following the conclusion of eight partnership agreements signed between the Federal Government and the United Kingdom. This was disclosed in a statement issued by the Ministry of Budget and Economic Planning, Atiku Bagudu, on Thursday in Abuja. The programme implementation
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Critical sectors of the Nigerian economy are set to receive monetary boosts worth N589bn (£272.6m) following the conclusion of eight partnership agreements signed between the Federal Government and the United Kingdom. This was disclosed in a statement issued by the Ministry of Budget and Economic Planning, Atiku Bagudu, on Thursday in Abuja. The programme implementation
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The Nigerian equity market continued its seesaw movement on Thursday, as it rebounded from the previous day’s loss with a N178bn gain. The recovery was propelled by appreciation by FBN Holdings and Flour Mills Nigeria. The All-share index and market capitalisation were up by 0.32 per cent to 97,025.17 and N55.8tn, respectively. A total of
The Nigerian equity market continued its seesaw movement on Thursday, as it rebounded from the previous day’s loss with a N178bn gain. The recovery was propelled by appreciation by FBN Holdings and Flour Mills Nigeria. The All-share index and market capitalisation were up by 0.32 per cent to 97,025.17 and N55.8tn, respectively. A total of
Read More The Nigerian equity market continued its seesaw movement on Thursday, as it rebounded from the previous day’s loss with a N178bn gain. The recovery was propelled by appreciation by FBN Holdings and Flour Mills Nigeria. The All-share index and market capitalisation were up by 0.32 per cent to 97,025.17 and N55.8tn, respectively. A total of
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The Nigerian equity market continued its seesaw movement on Thursday, as it rebounded from the previous day’s loss with a N178bn gain. The recovery was propelled by appreciation by FBN Holdings and Flour Mills Nigeria. The All-share index and market capitalisation were up by 0.32 per cent to 97,025.17 and N55.8tn, respectively. A total of
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As Nigerians battle the persistent fuel crisis, the Nigerian National Petroleum Company has shut its petrol application portal against marketers, suspending fresh orders due to a huge backlog that has not been cleared. At the moment, marketers said they could not access the portal through which they apply to NNPC for the purchase of petrol.
As Nigerians battle the persistent fuel crisis, the Nigerian National Petroleum Company has shut its petrol application portal against marketers, suspending fresh orders due to a huge backlog that has not been cleared. At the moment, marketers said they could not access the portal through which they apply to NNPC for the purchase of petrol.
Read More As Nigerians battle the persistent fuel crisis, the Nigerian National Petroleum Company has shut its petrol application portal against marketers, suspending fresh orders due to a huge backlog that has not been cleared. At the moment, marketers said they could not access the portal through which they apply to NNPC for the purchase of petrol.
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As Nigerians battle the persistent fuel crisis, the Nigerian National Petroleum Company has shut its petrol application portal against marketers, suspending fresh orders due to a huge backlog that has not been cleared. At the moment, marketers said they could not access the portal through which they apply to NNPC for the purchase of petrol.
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First City Monument Bank has clinched dual honours at the Development Bank of Nigeria 2024 Annual Lecture Series and Awards. It was named the “Best Bank with the Highest Impact on MSMEs Accessing Credit for the First Time in Nigeria” and “Highest Disbursement to Sustainability Projects”. A statement made available to our correspondent on Thursday
First City Monument Bank has clinched dual honours at the Development Bank of Nigeria 2024 Annual Lecture Series and Awards. It was named the “Best Bank with the Highest Impact on MSMEs Accessing Credit for the First Time in Nigeria” and “Highest Disbursement to Sustainability Projects”. A statement made available to our correspondent on Thursday
Read More First City Monument Bank has clinched dual honours at the Development Bank of Nigeria 2024 Annual Lecture Series and Awards. It was named the “Best Bank with the Highest Impact on MSMEs Accessing Credit for the First Time in Nigeria” and “Highest Disbursement to Sustainability Projects”. A statement made available to our correspondent on Thursday
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First City Monument Bank has clinched dual honours at the Development Bank of Nigeria 2024 Annual Lecture Series and Awards. It was named the “Best Bank with the Highest Impact on MSMEs Accessing Credit for the First Time in Nigeria” and “Highest Disbursement to Sustainability Projects”. A statement made available to our correspondent on Thursday
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The United Bank for Africa Foundation has pledged to plant one million trees across Africa as part of its tree-planting campaign. In a statement made available to our correspondent on Thursday, the initiative, themed “Our Land: Grooming a Greener Future”, was launched at a tree planting event at the UBA Foundation Garden in Lagos. The
The United Bank for Africa Foundation has pledged to plant one million trees across Africa as part of its tree-planting campaign. In a statement made available to our correspondent on Thursday, the initiative, themed “Our Land: Grooming a Greener Future”, was launched at a tree planting event at the UBA Foundation Garden in Lagos. The
Read More The United Bank for Africa Foundation has pledged to plant one million trees across Africa as part of its tree-planting campaign. In a statement made available to our correspondent on Thursday, the initiative, themed “Our Land: Grooming a Greener Future”, was launched at a tree planting event at the UBA Foundation Garden in Lagos. The
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The United Bank for Africa Foundation has pledged to plant one million trees across Africa as part of its tree-planting campaign. In a statement made available to our correspondent on Thursday, the initiative, themed “Our Land: Grooming a Greener Future”, was launched at a tree planting event at the UBA Foundation Garden in Lagos. The
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The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on Thursday stated that the move was aimed at enhancing the tracking and management of electronic transactions in the country. “As part of efforts to mitigate
The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on Thursday stated that the move was aimed at enhancing the tracking and management of electronic transactions in the country. “As part of efforts to mitigate
Read More The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on Thursday stated that the move was aimed at enhancing the tracking and management of electronic transactions in the country. “As part of efforts to mitigate
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The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on Thursday stated that the move was aimed at enhancing the tracking and management of electronic transactions in the country. “As part of efforts to mitigate
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The Chief Executive Officer of First City Monument Bank, Yemisi Edun, has called on financial institutions to increase funding for Small and Medium Enterprises, and SMEs. She made the call at a panel session of the annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria on Wednesday in Abuja. The
The Chief Executive Officer of First City Monument Bank, Yemisi Edun, has called on financial institutions to increase funding for Small and Medium Enterprises, and SMEs. She made the call at a panel session of the annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria on Wednesday in Abuja. The
Read More The Chief Executive Officer of First City Monument Bank, Yemisi Edun, has called on financial institutions to increase funding for Small and Medium Enterprises, and SMEs. She made the call at a panel session of the annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria on Wednesday in Abuja. The
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The Chief Executive Officer of First City Monument Bank, Yemisi Edun, has called on financial institutions to increase funding for Small and Medium Enterprises, and SMEs. She made the call at a panel session of the annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria on Wednesday in Abuja. The
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The Institute of Chartered Secretaries and Administrators of Nigeria has urged for structural reforms to accelerate Nigeria’s economic growth. The call was made by the founder of Chair Centre Group, Ibukun Awosika, at the ISCAN’s 48th Annual Conference, held on Thursday in Lagos. She stated that the conference’s theme: “Reassessing the Governance Dynamics in Nigeria’s
The Institute of Chartered Secretaries and Administrators of Nigeria has urged for structural reforms to accelerate Nigeria’s economic growth. The call was made by the founder of Chair Centre Group, Ibukun Awosika, at the ISCAN’s 48th Annual Conference, held on Thursday in Lagos. She stated that the conference’s theme: “Reassessing the Governance Dynamics in Nigeria’s
Read More The Institute of Chartered Secretaries and Administrators of Nigeria has urged for structural reforms to accelerate Nigeria’s economic growth. The call was made by the founder of Chair Centre Group, Ibukun Awosika, at the ISCAN’s 48th Annual Conference, held on Thursday in Lagos. She stated that the conference’s theme: “Reassessing the Governance Dynamics in Nigeria’s
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The Institute of Chartered Secretaries and Administrators of Nigeria has urged for structural reforms to accelerate Nigeria’s economic growth. The call was made by the founder of Chair Centre Group, Ibukun Awosika, at the ISCAN’s 48th Annual Conference, held on Thursday in Lagos. She stated that the conference’s theme: “Reassessing the Governance Dynamics in Nigeria’s
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Popular payment service providers, Baxi by Onafriq, Microfinance Bank, FairMoney and licensed mobile money operator, KongaPay, have joined other banks and fintech on the Zone decentralised payment network. This builds upon the recent onboarding of Africa’s largest financial institutions such as First Bank, UBA, and Zenith Bank to Zone’s regulated blockchain network. This development follows
Popular payment service providers, Baxi by Onafriq, Microfinance Bank, FairMoney and licensed mobile money operator, KongaPay, have joined other banks and fintech on the Zone decentralised payment network. This builds upon the recent onboarding of Africa’s largest financial institutions such as First Bank, UBA, and Zenith Bank to Zone’s regulated blockchain network. This development follows
Read More Popular payment service providers, Baxi by Onafriq, Microfinance Bank, FairMoney and licensed mobile money operator, KongaPay, have joined other banks and fintech on the Zone decentralised payment network. This builds upon the recent onboarding of Africa’s largest financial institutions such as First Bank, UBA, and Zenith Bank to Zone’s regulated blockchain network. This development follows
Read More Punch Newspapers – Business
Popular payment service providers, Baxi by Onafriq, Microfinance Bank, FairMoney and licensed mobile money operator, KongaPay, have joined other banks and fintech on the Zone decentralised payment network. This builds upon the recent onboarding of Africa’s largest financial institutions such as First Bank, UBA, and Zenith Bank to Zone’s regulated blockchain network. This development follows
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Chevron Nigeria Limited has declared its commitment to “lowering carbon emission and reducing gas flaring in Nigeria”. Chevron’s General Manager, Policy, Government and Public Affairs, Mr Olusoga Oduselu, gave the declaration at the Federal University of Petroleum Resources, Effurun, Delta State on Thursday while addressing participants at a one-day Media Capacity Building Workshop organised by
Chevron Nigeria Limited has declared its commitment to “lowering carbon emission and reducing gas flaring in Nigeria”. Chevron’s General Manager, Policy, Government and Public Affairs, Mr Olusoga Oduselu, gave the declaration at the Federal University of Petroleum Resources, Effurun, Delta State on Thursday while addressing participants at a one-day Media Capacity Building Workshop organised by
Read More Chevron Nigeria Limited has declared its commitment to “lowering carbon emission and reducing gas flaring in Nigeria”. Chevron’s General Manager, Policy, Government and Public Affairs, Mr Olusoga Oduselu, gave the declaration at the Federal University of Petroleum Resources, Effurun, Delta State on Thursday while addressing participants at a one-day Media Capacity Building Workshop organised by
Read More Punch Newspapers – Business
Chevron Nigeria Limited has declared its commitment to “lowering carbon emission and reducing gas flaring in Nigeria”. Chevron’s General Manager, Policy, Government and Public Affairs, Mr Olusoga Oduselu, gave the declaration at the Federal University of Petroleum Resources, Effurun, Delta State on Thursday while addressing participants at a one-day Media Capacity Building Workshop organised by
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The Federal Government and the World Bank have expressed their commitment to providing electricity access to 300 million people across Africa by 2030. This was as they promised to implement critical reforms to boost productivity in the Nigerian power sector. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the pledge
The Federal Government and the World Bank have expressed their commitment to providing electricity access to 300 million people across Africa by 2030. This was as they promised to implement critical reforms to boost productivity in the Nigerian power sector. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the pledge
Read More The Federal Government and the World Bank have expressed their commitment to providing electricity access to 300 million people across Africa by 2030. This was as they promised to implement critical reforms to boost productivity in the Nigerian power sector. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the pledge
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The Federal Government and the World Bank have expressed their commitment to providing electricity access to 300 million people across Africa by 2030. This was as they promised to implement critical reforms to boost productivity in the Nigerian power sector. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the pledge
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President Bola Tinubu has welcomed the National Bureau of Statistics’ new report on the country’s trade balance. The report stated that Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95tn, essentially driven by exports to Europe, the United States and Asia. “The current surplus is 6.60 per cent higher than the
President Bola Tinubu has welcomed the National Bureau of Statistics’ new report on the country’s trade balance. The report stated that Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95tn, essentially driven by exports to Europe, the United States and Asia. “The current surplus is 6.60 per cent higher than the
Read More President Bola Tinubu has welcomed the National Bureau of Statistics’ new report on the country’s trade balance. The report stated that Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95tn, essentially driven by exports to Europe, the United States and Asia. “The current surplus is 6.60 per cent higher than the
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President Bola Tinubu has welcomed the National Bureau of Statistics’ new report on the country’s trade balance. The report stated that Nigeria recorded another trade surplus in the second quarter of 2024, hitting N6.95tn, essentially driven by exports to Europe, the United States and Asia. “The current surplus is 6.60 per cent higher than the
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The Vice President of Dangote Industries Limited, Devakumar V.G. Edwin has voiced frustration over the boycott of Dangote Refinery’s products by local marketers, noting that despite the Dangote Refinery’s substantial production capacity, local marketers are purchasing only about 3% of its output. Speaking in an X space, Edwin disclosed that despite the refinery’s efforts to
The Vice President of Dangote Industries Limited, Devakumar V.G. Edwin has voiced frustration over the boycott of Dangote Refinery’s products by local marketers, noting that despite the Dangote Refinery’s substantial production capacity, local marketers are purchasing only about 3% of its output. Speaking in an X space, Edwin disclosed that despite the refinery’s efforts to
Read More The Vice President of Dangote Industries Limited, Devakumar V.G. Edwin has voiced frustration over the boycott of Dangote Refinery’s products by local marketers, noting that despite the Dangote Refinery’s substantial production capacity, local marketers are purchasing only about 3% of its output. Speaking in an X space, Edwin disclosed that despite the refinery’s efforts to
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The Vice President of Dangote Industries Limited, Devakumar V.G. Edwin has voiced frustration over the boycott of Dangote Refinery’s products by local marketers, noting that despite the Dangote Refinery’s substantial production capacity, local marketers are purchasing only about 3% of its output. Speaking in an X space, Edwin disclosed that despite the refinery’s efforts to
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Accion Microfinance Bank has made an impact on over 4,000 micro, small, and medium enterprises in Ibadan, Oyo State, through a three-day market storm. In a statement on Wednesday, the MFB said that the initiative, which aimed to bring its financial services directly to market traders in Dugbe, Agbaje, and Gbayi markets, was held from
Accion Microfinance Bank has made an impact on over 4,000 micro, small, and medium enterprises in Ibadan, Oyo State, through a three-day market storm. In a statement on Wednesday, the MFB said that the initiative, which aimed to bring its financial services directly to market traders in Dugbe, Agbaje, and Gbayi markets, was held from
Read More Accion Microfinance Bank has made an impact on over 4,000 micro, small, and medium enterprises in Ibadan, Oyo State, through a three-day market storm. In a statement on Wednesday, the MFB said that the initiative, which aimed to bring its financial services directly to market traders in Dugbe, Agbaje, and Gbayi markets, was held from
Read More Punch Newspapers – Business
Accion Microfinance Bank has made an impact on over 4,000 micro, small, and medium enterprises in Ibadan, Oyo State, through a three-day market storm. In a statement on Wednesday, the MFB said that the initiative, which aimed to bring its financial services directly to market traders in Dugbe, Agbaje, and Gbayi markets, was held from
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The African Marine Environment Sustainability Initiative has concluded plans to train 150 people how to harness the blue economy potential at a two-day workshop billed to take place later this month in Lagos. This was contained in a statement on Tuesday by the organiser of the event, who is also the president of AFMESI, Dr
The African Marine Environment Sustainability Initiative has concluded plans to train 150 people how to harness the blue economy potential at a two-day workshop billed to take place later this month in Lagos. This was contained in a statement on Tuesday by the organiser of the event, who is also the president of AFMESI, Dr
Read More The African Marine Environment Sustainability Initiative has concluded plans to train 150 people how to harness the blue economy potential at a two-day workshop billed to take place later this month in Lagos. This was contained in a statement on Tuesday by the organiser of the event, who is also the president of AFMESI, Dr
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The African Marine Environment Sustainability Initiative has concluded plans to train 150 people how to harness the blue economy potential at a two-day workshop billed to take place later this month in Lagos. This was contained in a statement on Tuesday by the organiser of the event, who is also the president of AFMESI, Dr
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The Nigerian National Petroleum Company Limited has disclosed that 134 illegal refineries were destroyed in the past week. The NNPC also stated that 63 illegal pipeline connections were uncovered during the period. In a visual report, the NNPC stated that at about 2 am on Sunday, a joint team of security agents discovered a large
The Nigerian National Petroleum Company Limited has disclosed that 134 illegal refineries were destroyed in the past week. The NNPC also stated that 63 illegal pipeline connections were uncovered during the period. In a visual report, the NNPC stated that at about 2 am on Sunday, a joint team of security agents discovered a large
Read More The Nigerian National Petroleum Company Limited has disclosed that 134 illegal refineries were destroyed in the past week. The NNPC also stated that 63 illegal pipeline connections were uncovered during the period. In a visual report, the NNPC stated that at about 2 am on Sunday, a joint team of security agents discovered a large
Read More Punch Newspapers – Business
The Nigerian National Petroleum Company Limited has disclosed that 134 illegal refineries were destroyed in the past week. The NNPC also stated that 63 illegal pipeline connections were uncovered during the period. In a visual report, the NNPC stated that at about 2 am on Sunday, a joint team of security agents discovered a large
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Energy stakeholders have stated that reducing emissions does not necessitate abandoning oil and gas but rather requires the adoption of cleaner technologies and sustainable practices. The experts disclosed this recently at a webinar titled ‘Transitioning Away from Emissions, not Oil and Gas’, organised by the Nigerian Institution of Petroleum Engineers and the Lagos Chamber of
Energy stakeholders have stated that reducing emissions does not necessitate abandoning oil and gas but rather requires the adoption of cleaner technologies and sustainable practices. The experts disclosed this recently at a webinar titled ‘Transitioning Away from Emissions, not Oil and Gas’, organised by the Nigerian Institution of Petroleum Engineers and the Lagos Chamber of
Read More Energy stakeholders have stated that reducing emissions does not necessitate abandoning oil and gas but rather requires the adoption of cleaner technologies and sustainable practices. The experts disclosed this recently at a webinar titled ‘Transitioning Away from Emissions, not Oil and Gas’, organised by the Nigerian Institution of Petroleum Engineers and the Lagos Chamber of
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Energy stakeholders have stated that reducing emissions does not necessitate abandoning oil and gas but rather requires the adoption of cleaner technologies and sustainable practices. The experts disclosed this recently at a webinar titled ‘Transitioning Away from Emissions, not Oil and Gas’, organised by the Nigerian Institution of Petroleum Engineers and the Lagos Chamber of
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The Nigeria Customs Service, Operation Whirlwind Taskforce Team, has blamed the foreign exchange for the rising rate of fuel smuggling in the country. The Coordinator of the team, Husseini Ejibunnu, disclosed this on Tuesday in Lagos while displaying some seized premium motor spirit to journalists. He explained that there were so many smugglers out there
The Nigeria Customs Service, Operation Whirlwind Taskforce Team, has blamed the foreign exchange for the rising rate of fuel smuggling in the country. The Coordinator of the team, Husseini Ejibunnu, disclosed this on Tuesday in Lagos while displaying some seized premium motor spirit to journalists. He explained that there were so many smugglers out there
Read More The Nigeria Customs Service, Operation Whirlwind Taskforce Team, has blamed the foreign exchange for the rising rate of fuel smuggling in the country. The Coordinator of the team, Husseini Ejibunnu, disclosed this on Tuesday in Lagos while displaying some seized premium motor spirit to journalists. He explained that there were so many smugglers out there
Read More Punch Newspapers – Business
The Nigeria Customs Service, Operation Whirlwind Taskforce Team, has blamed the foreign exchange for the rising rate of fuel smuggling in the country. The Coordinator of the team, Husseini Ejibunnu, disclosed this on Tuesday in Lagos while displaying some seized premium motor spirit to journalists. He explained that there were so many smugglers out there
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The Barge Operators Association of Nigeria has said the group mobilised four million twenty-foot equivalent containers from imports and exports from 2019 to 2024. The President of BOAN, Olabunmi Olumekun, disclosed this in a recent interview with journalists in Lagos. He added that the association had no fewer than 82 companies with about 2,000 barges
The Barge Operators Association of Nigeria has said the group mobilised four million twenty-foot equivalent containers from imports and exports from 2019 to 2024. The President of BOAN, Olabunmi Olumekun, disclosed this in a recent interview with journalists in Lagos. He added that the association had no fewer than 82 companies with about 2,000 barges
Read More The Barge Operators Association of Nigeria has said the group mobilised four million twenty-foot equivalent containers from imports and exports from 2019 to 2024. The President of BOAN, Olabunmi Olumekun, disclosed this in a recent interview with journalists in Lagos. He added that the association had no fewer than 82 companies with about 2,000 barges
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The Barge Operators Association of Nigeria has said the group mobilised four million twenty-foot equivalent containers from imports and exports from 2019 to 2024. The President of BOAN, Olabunmi Olumekun, disclosed this in a recent interview with journalists in Lagos. He added that the association had no fewer than 82 companies with about 2,000 barges
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The Minister of Marine and Blue Economy, Adegboyegaa Oyetola, has said that Nigeria has vast ocean resources that are still largely unexplored. Oyetola disclosed this in a statement signed by the Head of Public Relations of the Nigerian Maritime Administration and Safety Agency, Osagie Edward, on the sideline of the planned global workshop on deep
The Minister of Marine and Blue Economy, Adegboyegaa Oyetola, has said that Nigeria has vast ocean resources that are still largely unexplored. Oyetola disclosed this in a statement signed by the Head of Public Relations of the Nigerian Maritime Administration and Safety Agency, Osagie Edward, on the sideline of the planned global workshop on deep
Read More The Minister of Marine and Blue Economy, Adegboyegaa Oyetola, has said that Nigeria has vast ocean resources that are still largely unexplored. Oyetola disclosed this in a statement signed by the Head of Public Relations of the Nigerian Maritime Administration and Safety Agency, Osagie Edward, on the sideline of the planned global workshop on deep
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The Minister of Marine and Blue Economy, Adegboyegaa Oyetola, has said that Nigeria has vast ocean resources that are still largely unexplored. Oyetola disclosed this in a statement signed by the Head of Public Relations of the Nigerian Maritime Administration and Safety Agency, Osagie Edward, on the sideline of the planned global workshop on deep
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The Joint Border Patrol Team Sector 2, South West Zone, Lagos has said that it handed over 156 illegal immigrants to officers of the Nigerian Immigration Service in the third quarter of 2024. The team also said 2,633 bags of foreign per boiled rice and 4.019 jerrycans of petrol worth N1.4bn were intercepted within the
The Joint Border Patrol Team Sector 2, South West Zone, Lagos has said that it handed over 156 illegal immigrants to officers of the Nigerian Immigration Service in the third quarter of 2024. The team also said 2,633 bags of foreign per boiled rice and 4.019 jerrycans of petrol worth N1.4bn were intercepted within the
Read More The Joint Border Patrol Team Sector 2, South West Zone, Lagos has said that it handed over 156 illegal immigrants to officers of the Nigerian Immigration Service in the third quarter of 2024. The team also said 2,633 bags of foreign per boiled rice and 4.019 jerrycans of petrol worth N1.4bn were intercepted within the
Read More Punch Newspapers – Business
The Joint Border Patrol Team Sector 2, South West Zone, Lagos has said that it handed over 156 illegal immigrants to officers of the Nigerian Immigration Service in the third quarter of 2024. The team also said 2,633 bags of foreign per boiled rice and 4.019 jerrycans of petrol worth N1.4bn were intercepted within the
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The Federal Ministry of Housing and Urban Development has commenced moves to address the issue of unregistered and untitled land in Nigeria, which currently accounts for 90 per cent of the nation’s landmass. The Director of Information and Public Relations, Salisu Haiba, disclosed this in a statement on Wednesday. He said the ministry, in partnership
The Federal Ministry of Housing and Urban Development has commenced moves to address the issue of unregistered and untitled land in Nigeria, which currently accounts for 90 per cent of the nation’s landmass. The Director of Information and Public Relations, Salisu Haiba, disclosed this in a statement on Wednesday. He said the ministry, in partnership
Read More The Federal Ministry of Housing and Urban Development has commenced moves to address the issue of unregistered and untitled land in Nigeria, which currently accounts for 90 per cent of the nation’s landmass. The Director of Information and Public Relations, Salisu Haiba, disclosed this in a statement on Wednesday. He said the ministry, in partnership
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The Federal Ministry of Housing and Urban Development has commenced moves to address the issue of unregistered and untitled land in Nigeria, which currently accounts for 90 per cent of the nation’s landmass. The Director of Information and Public Relations, Salisu Haiba, disclosed this in a statement on Wednesday. He said the ministry, in partnership
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Industry experts will be discussing the future of Nigeria’s financial and economic development at the Access Bank’s Corporate Customer Forum 2024 on September 19 in Lagos. The event, themed ‘Nigeria’s Economic Rebirth: Hopes and Implications’, will address the country’s economic future and challenges. In a statement on Monday, the bank said the forum would feature
Industry experts will be discussing the future of Nigeria’s financial and economic development at the Access Bank’s Corporate Customer Forum 2024 on September 19 in Lagos. The event, themed ‘Nigeria’s Economic Rebirth: Hopes and Implications’, will address the country’s economic future and challenges. In a statement on Monday, the bank said the forum would feature
Read More Industry experts will be discussing the future of Nigeria’s financial and economic development at the Access Bank’s Corporate Customer Forum 2024 on September 19 in Lagos. The event, themed ‘Nigeria’s Economic Rebirth: Hopes and Implications’, will address the country’s economic future and challenges. In a statement on Monday, the bank said the forum would feature
Read More Punch Newspapers – Business
Industry experts will be discussing the future of Nigeria’s financial and economic development at the Access Bank’s Corporate Customer Forum 2024 on September 19 in Lagos. The event, themed ‘Nigeria’s Economic Rebirth: Hopes and Implications’, will address the country’s economic future and challenges. In a statement on Monday, the bank said the forum would feature
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First City Monument Bank has disbursed over N40bn in digital loans from January to August. This was disclosed by the Divisional Head of Personal Banking at FCMB, Adetunji Lamidi, in a statement made available to our correspondents on Monday. “From January to August 2024, FCMB disbursed over N40bn in digital retail loans, with FastCash significantly
First City Monument Bank has disbursed over N40bn in digital loans from January to August. This was disclosed by the Divisional Head of Personal Banking at FCMB, Adetunji Lamidi, in a statement made available to our correspondents on Monday. “From January to August 2024, FCMB disbursed over N40bn in digital retail loans, with FastCash significantly
Read More First City Monument Bank has disbursed over N40bn in digital loans from January to August. This was disclosed by the Divisional Head of Personal Banking at FCMB, Adetunji Lamidi, in a statement made available to our correspondents on Monday. “From January to August 2024, FCMB disbursed over N40bn in digital retail loans, with FastCash significantly
Read More Punch Newspapers – Business
First City Monument Bank has disbursed over N40bn in digital loans from January to August. This was disclosed by the Divisional Head of Personal Banking at FCMB, Adetunji Lamidi, in a statement made available to our correspondents on Monday. “From January to August 2024, FCMB disbursed over N40bn in digital retail loans, with FastCash significantly
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The Bank of Industry has donated relief materials to the National Emergency Management as part of its Corporate Social Responsibility initiative. In a statement made available to our correspondent on Tuesday, the Managing Director of BOI, Olasupo Olusi, emphasised the bank’s dedication to supporting vulnerable communities and promoting inclusiveness across Nigeria. He stated, “Today, we
The Bank of Industry has donated relief materials to the National Emergency Management as part of its Corporate Social Responsibility initiative. In a statement made available to our correspondent on Tuesday, the Managing Director of BOI, Olasupo Olusi, emphasised the bank’s dedication to supporting vulnerable communities and promoting inclusiveness across Nigeria. He stated, “Today, we
Read More The Bank of Industry has donated relief materials to the National Emergency Management as part of its Corporate Social Responsibility initiative. In a statement made available to our correspondent on Tuesday, the Managing Director of BOI, Olasupo Olusi, emphasised the bank’s dedication to supporting vulnerable communities and promoting inclusiveness across Nigeria. He stated, “Today, we
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The Bank of Industry has donated relief materials to the National Emergency Management as part of its Corporate Social Responsibility initiative. In a statement made available to our correspondent on Tuesday, the Managing Director of BOI, Olasupo Olusi, emphasised the bank’s dedication to supporting vulnerable communities and promoting inclusiveness across Nigeria. He stated, “Today, we
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The Ogun State Government has reaffirmed its commitment to working closely with the Nigerian Export Promotion Council and other stakeholders to create a favorable environment for the cashew industry to flourish. This was disclosed in a statement on Wednesday by the State Head of Service, Mr Kehinde Onasanya, during a one-day intervention programme and distribution
The Ogun State Government has reaffirmed its commitment to working closely with the Nigerian Export Promotion Council and other stakeholders to create a favorable environment for the cashew industry to flourish. This was disclosed in a statement on Wednesday by the State Head of Service, Mr Kehinde Onasanya, during a one-day intervention programme and distribution
Read More The Ogun State Government has reaffirmed its commitment to working closely with the Nigerian Export Promotion Council and other stakeholders to create a favorable environment for the cashew industry to flourish. This was disclosed in a statement on Wednesday by the State Head of Service, Mr Kehinde Onasanya, during a one-day intervention programme and distribution
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The Ogun State Government has reaffirmed its commitment to working closely with the Nigerian Export Promotion Council and other stakeholders to create a favorable environment for the cashew industry to flourish. This was disclosed in a statement on Wednesday by the State Head of Service, Mr Kehinde Onasanya, during a one-day intervention programme and distribution
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Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with the Depot and Petroleum Products Marketers Association of Nigeria, Crude Oil Refiners Association of Nigeria, African Refiners
Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with the Depot and Petroleum Products Marketers Association of Nigeria, Crude Oil Refiners Association of Nigeria, African Refiners
Read More Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with the Depot and Petroleum Products Marketers Association of Nigeria, Crude Oil Refiners Association of Nigeria, African Refiners
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Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with the Depot and Petroleum Products Marketers Association of Nigeria, Crude Oil Refiners Association of Nigeria, African Refiners
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The Nigerian government has filed criminal charges at the Federal High Court in Abuja against four individuals and several firms for allegedly conducting cryptocurrency-related businesses without proper licenses. According to court documents obtained by The PUNCH on Wednesday, the defendants were also accused of illegally exchanging Tether USDT for naira, violating the Foreign Exchange (Monitoring
The Nigerian government has filed criminal charges at the Federal High Court in Abuja against four individuals and several firms for allegedly conducting cryptocurrency-related businesses without proper licenses. According to court documents obtained by The PUNCH on Wednesday, the defendants were also accused of illegally exchanging Tether USDT for naira, violating the Foreign Exchange (Monitoring
Read More The Nigerian government has filed criminal charges at the Federal High Court in Abuja against four individuals and several firms for allegedly conducting cryptocurrency-related businesses without proper licenses. According to court documents obtained by The PUNCH on Wednesday, the defendants were also accused of illegally exchanging Tether USDT for naira, violating the Foreign Exchange (Monitoring
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The Nigerian government has filed criminal charges at the Federal High Court in Abuja against four individuals and several firms for allegedly conducting cryptocurrency-related businesses without proper licenses. According to court documents obtained by The PUNCH on Wednesday, the defendants were also accused of illegally exchanging Tether USDT for naira, violating the Foreign Exchange (Monitoring
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The Nigerian Upstream Petroleum Regulatory Commission says it is yet to conclude Shell’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3bn. The NUPRC, in a statement by its Head of Public Affairs and Corporate Communication, Olaide Shonola, was reacting to a report by a newspaper (not The PUNCH). The report
The Nigerian Upstream Petroleum Regulatory Commission says it is yet to conclude Shell’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3bn. The NUPRC, in a statement by its Head of Public Affairs and Corporate Communication, Olaide Shonola, was reacting to a report by a newspaper (not The PUNCH). The report
Read More The Nigerian Upstream Petroleum Regulatory Commission says it is yet to conclude Shell’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3bn. The NUPRC, in a statement by its Head of Public Affairs and Corporate Communication, Olaide Shonola, was reacting to a report by a newspaper (not The PUNCH). The report
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The Nigerian Upstream Petroleum Regulatory Commission says it is yet to conclude Shell’s bid to sell its onshore assets to Renaissance in a transaction worth $1.3bn. The NUPRC, in a statement by its Head of Public Affairs and Corporate Communication, Olaide Shonola, was reacting to a report by a newspaper (not The PUNCH). The report
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Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased to N6.95tn. A trade surplus is an economic measure of a positive balance of trade, where a country’s exports exceed its imports. This was as fuel products topped the list of imported goods
Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased to N6.95tn. A trade surplus is an economic measure of a positive balance of trade, where a country’s exports exceed its imports. This was as fuel products topped the list of imported goods
Read More Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased to N6.95tn. A trade surplus is an economic measure of a positive balance of trade, where a country’s exports exceed its imports. This was as fuel products topped the list of imported goods
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Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased to N6.95tn. A trade surplus is an economic measure of a positive balance of trade, where a country’s exports exceed its imports. This was as fuel products topped the list of imported goods
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Crude oil exports contributed N14.56bn to the country’s total exports in the second quarter of the year, making up 74.98 per cent of the total export value, according to the Nigeria Bureau of Statistics. The NBS, in a report titled ‘Foreign Trade in Goods Statistics (Q2 2024)’ released on Wednesday, stated that the country’s total
Crude oil exports contributed N14.56bn to the country’s total exports in the second quarter of the year, making up 74.98 per cent of the total export value, according to the Nigeria Bureau of Statistics. The NBS, in a report titled ‘Foreign Trade in Goods Statistics (Q2 2024)’ released on Wednesday, stated that the country’s total
Read More Crude oil exports contributed N14.56bn to the country’s total exports in the second quarter of the year, making up 74.98 per cent of the total export value, according to the Nigeria Bureau of Statistics. The NBS, in a report titled ‘Foreign Trade in Goods Statistics (Q2 2024)’ released on Wednesday, stated that the country’s total
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Crude oil exports contributed N14.56bn to the country’s total exports in the second quarter of the year, making up 74.98 per cent of the total export value, according to the Nigeria Bureau of Statistics. The NBS, in a report titled ‘Foreign Trade in Goods Statistics (Q2 2024)’ released on Wednesday, stated that the country’s total
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The Nigerian Economic Summit Group has explained how state governors spent the country’s $50bn Excess Crude Account in 2010, which would have served as a buffer for subsidies and other pressing financial concerns of the nation. The Chief Executive Officer of NESG, Dr Tayo Aduloju, disclosed this during a courtesy visit to the headquarters of
The Nigerian Economic Summit Group has explained how state governors spent the country’s $50bn Excess Crude Account in 2010, which would have served as a buffer for subsidies and other pressing financial concerns of the nation. The Chief Executive Officer of NESG, Dr Tayo Aduloju, disclosed this during a courtesy visit to the headquarters of
Read More The Nigerian Economic Summit Group has explained how state governors spent the country’s $50bn Excess Crude Account in 2010, which would have served as a buffer for subsidies and other pressing financial concerns of the nation. The Chief Executive Officer of NESG, Dr Tayo Aduloju, disclosed this during a courtesy visit to the headquarters of
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The Nigerian Economic Summit Group has explained how state governors spent the country’s $50bn Excess Crude Account in 2010, which would have served as a buffer for subsidies and other pressing financial concerns of the nation. The Chief Executive Officer of NESG, Dr Tayo Aduloju, disclosed this during a courtesy visit to the headquarters of
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Innoson Vehicle Manufacturing Company has proudly announced the launch of its first locally produced electric vehicle. Cornel Osigwe, Head of Communications and Corporate Affairs at IVM, shared the milestone on Facebook, highlighting the significance of this achievement for the Nigerian automotive industry. According to Isigwe, the electric vehicle was manufactured at IVM’s state-of-the-art production facility
Innoson Vehicle Manufacturing Company has proudly announced the launch of its first locally produced electric vehicle. Cornel Osigwe, Head of Communications and Corporate Affairs at IVM, shared the milestone on Facebook, highlighting the significance of this achievement for the Nigerian automotive industry. According to Isigwe, the electric vehicle was manufactured at IVM’s state-of-the-art production facility
Read More Innoson Vehicle Manufacturing Company has proudly announced the launch of its first locally produced electric vehicle. Cornel Osigwe, Head of Communications and Corporate Affairs at IVM, shared the milestone on Facebook, highlighting the significance of this achievement for the Nigerian automotive industry. According to Isigwe, the electric vehicle was manufactured at IVM’s state-of-the-art production facility
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Innoson Vehicle Manufacturing Company has proudly announced the launch of its first locally produced electric vehicle. Cornel Osigwe, Head of Communications and Corporate Affairs at IVM, shared the milestone on Facebook, highlighting the significance of this achievement for the Nigerian automotive industry. According to Isigwe, the electric vehicle was manufactured at IVM’s state-of-the-art production facility
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Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August, according to the Organisation of the Petroleum Exporting Countries in its September Monthly Oil Market Report. OPEC reported that the average daily crude production rose marginally by 45,000 barrels per day, based on information obtained through direct communication
Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August, according to the Organisation of the Petroleum Exporting Countries in its September Monthly Oil Market Report. OPEC reported that the average daily crude production rose marginally by 45,000 barrels per day, based on information obtained through direct communication
Read More Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August, according to the Organisation of the Petroleum Exporting Countries in its September Monthly Oil Market Report. OPEC reported that the average daily crude production rose marginally by 45,000 barrels per day, based on information obtained through direct communication
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Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August, according to the Organisation of the Petroleum Exporting Countries in its September Monthly Oil Market Report. OPEC reported that the average daily crude production rose marginally by 45,000 barrels per day, based on information obtained through direct communication
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Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed this while discussing the results of the historic bond issuance on Tuesday. He noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. Edun explained that the
Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed this while discussing the results of the historic bond issuance on Tuesday. He noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. Edun explained that the
Read More Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed this while discussing the results of the historic bond issuance on Tuesday. He noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. Edun explained that the
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Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed this while discussing the results of the historic bond issuance on Tuesday. He noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. Edun explained that the
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The Managing Director of the Project Management Institute, Sub-Saharan Africa, Mr George Asamani, has stated that certifications deliver specialised expertise that goes beyond the general knowledge provided by degrees, offering practical solutions to meet the demands of the evolving job market. In a statement, he noted that certifications, with their regular updates and rigour, reflected
The Managing Director of the Project Management Institute, Sub-Saharan Africa, Mr George Asamani, has stated that certifications deliver specialised expertise that goes beyond the general knowledge provided by degrees, offering practical solutions to meet the demands of the evolving job market. In a statement, he noted that certifications, with their regular updates and rigour, reflected
Read More The Managing Director of the Project Management Institute, Sub-Saharan Africa, Mr George Asamani, has stated that certifications deliver specialised expertise that goes beyond the general knowledge provided by degrees, offering practical solutions to meet the demands of the evolving job market. In a statement, he noted that certifications, with their regular updates and rigour, reflected
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The Managing Director of the Project Management Institute, Sub-Saharan Africa, Mr George Asamani, has stated that certifications deliver specialised expertise that goes beyond the general knowledge provided by degrees, offering practical solutions to meet the demands of the evolving job market. In a statement, he noted that certifications, with their regular updates and rigour, reflected
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Chinese tech giant Huawei on Tuesday, unveiled its new smartphone, billed as the world’s first trifold phone, hours after US competitor Apple lifted the curtain on its new iPhone built for AI. The Mate XT was officially launched in a keynote presentation by Huawei executive Richard Yu at the firm’s headquarters in the southern city
Chinese tech giant Huawei on Tuesday, unveiled its new smartphone, billed as the world’s first trifold phone, hours after US competitor Apple lifted the curtain on its new iPhone built for AI. The Mate XT was officially launched in a keynote presentation by Huawei executive Richard Yu at the firm’s headquarters in the southern city
Read More Chinese tech giant Huawei on Tuesday, unveiled its new smartphone, billed as the world’s first trifold phone, hours after US competitor Apple lifted the curtain on its new iPhone built for AI. The Mate XT was officially launched in a keynote presentation by Huawei executive Richard Yu at the firm’s headquarters in the southern city
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Chinese tech giant Huawei on Tuesday, unveiled its new smartphone, billed as the world’s first trifold phone, hours after US competitor Apple lifted the curtain on its new iPhone built for AI. The Mate XT was officially launched in a keynote presentation by Huawei executive Richard Yu at the firm’s headquarters in the southern city
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The Nigerian Stock Exchange started the week on a negative note, as investors lost N112bn. The All-share index and market capitalisation shed 0.24 per cent to close at 96,205.85 and N55.28tn, respectively. A total of 774,377,516 shares were traded in 10,412 deals, amounting to a market value of N14.65bn, representing a 103 per cent leap
The Nigerian Stock Exchange started the week on a negative note, as investors lost N112bn. The All-share index and market capitalisation shed 0.24 per cent to close at 96,205.85 and N55.28tn, respectively. A total of 774,377,516 shares were traded in 10,412 deals, amounting to a market value of N14.65bn, representing a 103 per cent leap
Read More The Nigerian Stock Exchange started the week on a negative note, as investors lost N112bn. The All-share index and market capitalisation shed 0.24 per cent to close at 96,205.85 and N55.28tn, respectively. A total of 774,377,516 shares were traded in 10,412 deals, amounting to a market value of N14.65bn, representing a 103 per cent leap
Read More Punch Newspapers – Business
The Nigerian Stock Exchange started the week on a negative note, as investors lost N112bn. The All-share index and market capitalisation shed 0.24 per cent to close at 96,205.85 and N55.28tn, respectively. A total of 774,377,516 shares were traded in 10,412 deals, amounting to a market value of N14.65bn, representing a 103 per cent leap
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The Nigerian National Petroleum Company Limited and its joint venture partner, Chevron Nigeria Ltd., have successfully completed the conversion of five joint venture assets in compliance with the Petroleum Industry Act of 2021. The Chief Upstream Investment Officer at NNPC Ltd., Mr Bala Wunti, noted that the asset conversion is expected to significantly boost crude
The Nigerian National Petroleum Company Limited and its joint venture partner, Chevron Nigeria Ltd., have successfully completed the conversion of five joint venture assets in compliance with the Petroleum Industry Act of 2021. The Chief Upstream Investment Officer at NNPC Ltd., Mr Bala Wunti, noted that the asset conversion is expected to significantly boost crude
Read More The Nigerian National Petroleum Company Limited and its joint venture partner, Chevron Nigeria Ltd., have successfully completed the conversion of five joint venture assets in compliance with the Petroleum Industry Act of 2021. The Chief Upstream Investment Officer at NNPC Ltd., Mr Bala Wunti, noted that the asset conversion is expected to significantly boost crude
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The Nigerian National Petroleum Company Limited and its joint venture partner, Chevron Nigeria Ltd., have successfully completed the conversion of five joint venture assets in compliance with the Petroleum Industry Act of 2021. The Chief Upstream Investment Officer at NNPC Ltd., Mr Bala Wunti, noted that the asset conversion is expected to significantly boost crude
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Guaranty Trust Bank Ltd, a subsidiary of Guaranty Trust Holding Company Plc, has won the award for Best Bank for Corporate Social Responsibility in Nigeria at the Euromoney Awards for Excellence 2024. The bank, in a statement made available to The PUNCH on Sunday, said that highlighted GTCO’s dedication to CSR, extending its impact beyond
Guaranty Trust Bank Ltd, a subsidiary of Guaranty Trust Holding Company Plc, has won the award for Best Bank for Corporate Social Responsibility in Nigeria at the Euromoney Awards for Excellence 2024. The bank, in a statement made available to The PUNCH on Sunday, said that highlighted GTCO’s dedication to CSR, extending its impact beyond
Read More Guaranty Trust Bank Ltd, a subsidiary of Guaranty Trust Holding Company Plc, has won the award for Best Bank for Corporate Social Responsibility in Nigeria at the Euromoney Awards for Excellence 2024. The bank, in a statement made available to The PUNCH on Sunday, said that highlighted GTCO’s dedication to CSR, extending its impact beyond
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Guaranty Trust Bank Ltd, a subsidiary of Guaranty Trust Holding Company Plc, has won the award for Best Bank for Corporate Social Responsibility in Nigeria at the Euromoney Awards for Excellence 2024. The bank, in a statement made available to The PUNCH on Sunday, said that highlighted GTCO’s dedication to CSR, extending its impact beyond
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The co-founder of the Tony Elumelu Foundation, Dr Awele Elumelu, has said that the foundation empowered 8,000 women in 54 African countries in 10 years. She added that the figure represented 46 per cent of the total number of entrepreneurs empowered by the foundation so far. Elumelu disclosed this during her keynote address at the
The co-founder of the Tony Elumelu Foundation, Dr Awele Elumelu, has said that the foundation empowered 8,000 women in 54 African countries in 10 years. She added that the figure represented 46 per cent of the total number of entrepreneurs empowered by the foundation so far. Elumelu disclosed this during her keynote address at the
Read More The co-founder of the Tony Elumelu Foundation, Dr Awele Elumelu, has said that the foundation empowered 8,000 women in 54 African countries in 10 years. She added that the figure represented 46 per cent of the total number of entrepreneurs empowered by the foundation so far. Elumelu disclosed this during her keynote address at the
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The co-founder of the Tony Elumelu Foundation, Dr Awele Elumelu, has said that the foundation empowered 8,000 women in 54 African countries in 10 years. She added that the figure represented 46 per cent of the total number of entrepreneurs empowered by the foundation so far. Elumelu disclosed this during her keynote address at the
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LAPO Microfinance Bank has announced the appointment of Joshua Etopidiok as a non-executive director. According to LAPO MFB, in a statement on Sunday, Etopidiok is a financial strategist, who brings over 35 years of experience in finance, insurance, risk management, compliance, operations, and strategic management to the bank. LAPO MFB is a microfinance institution in
LAPO Microfinance Bank has announced the appointment of Joshua Etopidiok as a non-executive director. According to LAPO MFB, in a statement on Sunday, Etopidiok is a financial strategist, who brings over 35 years of experience in finance, insurance, risk management, compliance, operations, and strategic management to the bank. LAPO MFB is a microfinance institution in
Read More LAPO Microfinance Bank has announced the appointment of Joshua Etopidiok as a non-executive director. According to LAPO MFB, in a statement on Sunday, Etopidiok is a financial strategist, who brings over 35 years of experience in finance, insurance, risk management, compliance, operations, and strategic management to the bank. LAPO MFB is a microfinance institution in
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LAPO Microfinance Bank has announced the appointment of Joshua Etopidiok as a non-executive director. According to LAPO MFB, in a statement on Sunday, Etopidiok is a financial strategist, who brings over 35 years of experience in finance, insurance, risk management, compliance, operations, and strategic management to the bank. LAPO MFB is a microfinance institution in
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the US Agency for International Development has announced a $6.5m grant to the International Organisation for Migration to address the humanitarian needs caused by recent flooding across Nigeria. A statement issued by the USAID on Saturday noted the funding was aimed at aiding local partners in responding to flood-related crises and other disasters. “The United
the US Agency for International Development has announced a $6.5m grant to the International Organisation for Migration to address the humanitarian needs caused by recent flooding across Nigeria. A statement issued by the USAID on Saturday noted the funding was aimed at aiding local partners in responding to flood-related crises and other disasters. “The United
Read More the US Agency for International Development has announced a $6.5m grant to the International Organisation for Migration to address the humanitarian needs caused by recent flooding across Nigeria. A statement issued by the USAID on Saturday noted the funding was aimed at aiding local partners in responding to flood-related crises and other disasters. “The United
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the US Agency for International Development has announced a $6.5m grant to the International Organisation for Migration to address the humanitarian needs caused by recent flooding across Nigeria. A statement issued by the USAID on Saturday noted the funding was aimed at aiding local partners in responding to flood-related crises and other disasters. “The United
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The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the China Geo-Engineering Corporation Overseas Construction Group to enhance the lighting of the Federal Capital Territory and boost improved rural water supply. The announcement was made in a statement issued to newsmen in Abuja
The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the China Geo-Engineering Corporation Overseas Construction Group to enhance the lighting of the Federal Capital Territory and boost improved rural water supply. The announcement was made in a statement issued to newsmen in Abuja
Read More The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the China Geo-Engineering Corporation Overseas Construction Group to enhance the lighting of the Federal Capital Territory and boost improved rural water supply. The announcement was made in a statement issued to newsmen in Abuja
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The Federal Capital Territory Minister, Nyesom Wike, has signed two Memoranda of Understanding with the China Civil Engineering Construction Corporation and the China Geo-Engineering Corporation Overseas Construction Group to enhance the lighting of the Federal Capital Territory and boost improved rural water supply. The announcement was made in a statement issued to newsmen in Abuja
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The Minister of Solid Minerals, Oladele Alake, has hailed the $1n (N1.6tn) new iron ore to the steel project planned for Kogi State as a breakthrough in the Federal Government’s push for local value addition in the sector. The project, a collaboration between Nigeria’s Chart and Capstone Integrated Limited and China’s Sinomach-He, marks a pivotal
The Minister of Solid Minerals, Oladele Alake, has hailed the $1n (N1.6tn) new iron ore to the steel project planned for Kogi State as a breakthrough in the Federal Government’s push for local value addition in the sector. The project, a collaboration between Nigeria’s Chart and Capstone Integrated Limited and China’s Sinomach-He, marks a pivotal
Read More The Minister of Solid Minerals, Oladele Alake, has hailed the $1n (N1.6tn) new iron ore to the steel project planned for Kogi State as a breakthrough in the Federal Government’s push for local value addition in the sector. The project, a collaboration between Nigeria’s Chart and Capstone Integrated Limited and China’s Sinomach-He, marks a pivotal
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The Minister of Solid Minerals, Oladele Alake, has hailed the $1n (N1.6tn) new iron ore to the steel project planned for Kogi State as a breakthrough in the Federal Government’s push for local value addition in the sector. The project, a collaboration between Nigeria’s Chart and Capstone Integrated Limited and China’s Sinomach-He, marks a pivotal
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The Federal Government’s recent move to deduct a N50 Electronic Money Transfer Levy from customers’ transactions has sparked criticism from economists, who warn that the move may discourage digital transactions and harm the economy. The levy, which is set to take effect soon, will apply to every inflow of N10,000 and above received by customers
The Federal Government’s recent move to deduct a N50 Electronic Money Transfer Levy from customers’ transactions has sparked criticism from economists, who warn that the move may discourage digital transactions and harm the economy. The levy, which is set to take effect soon, will apply to every inflow of N10,000 and above received by customers
Read More The Federal Government’s recent move to deduct a N50 Electronic Money Transfer Levy from customers’ transactions has sparked criticism from economists, who warn that the move may discourage digital transactions and harm the economy. The levy, which is set to take effect soon, will apply to every inflow of N10,000 and above received by customers
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The Federal Government’s recent move to deduct a N50 Electronic Money Transfer Levy from customers’ transactions has sparked criticism from economists, who warn that the move may discourage digital transactions and harm the economy. The levy, which is set to take effect soon, will apply to every inflow of N10,000 and above received by customers
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Labour leaders have stated that the failure to transmit the reviewed labour laws to Nigeria’s National Assembly for passage had worsened the rise of casualisation and precarious working conditions in the country. They stated in separate chats with The PUNCH that the legal delay had left many workers without adequate protections, further exposing them to
Labour leaders have stated that the failure to transmit the reviewed labour laws to Nigeria’s National Assembly for passage had worsened the rise of casualisation and precarious working conditions in the country. They stated in separate chats with The PUNCH that the legal delay had left many workers without adequate protections, further exposing them to
Read More Labour leaders have stated that the failure to transmit the reviewed labour laws to Nigeria’s National Assembly for passage had worsened the rise of casualisation and precarious working conditions in the country. They stated in separate chats with The PUNCH that the legal delay had left many workers without adequate protections, further exposing them to
Read More Punch Newspapers – Business
Labour leaders have stated that the failure to transmit the reviewed labour laws to Nigeria’s National Assembly for passage had worsened the rise of casualisation and precarious working conditions in the country. They stated in separate chats with The PUNCH that the legal delay had left many workers without adequate protections, further exposing them to
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FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. A statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that the move comes after a competitive bidding process, with EverQuest
FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. A statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that the move comes after a competitive bidding process, with EverQuest
Read More FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. A statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that the move comes after a competitive bidding process, with EverQuest
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FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. A statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that the move comes after a competitive bidding process, with EverQuest
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The Nigerian Exchange lost N83bn last week as both the All-Share Index and market capitalisation depreciated by 0.15 per cent due to sell-offs in big stocks. The ASI closed the week at 96,433.53 points, while the market capitalisation settled at N55.39tn. Despite a downward trend, the NGX Oil and Gas Index bucked the market’s performance
The Nigerian Exchange lost N83bn last week as both the All-Share Index and market capitalisation depreciated by 0.15 per cent due to sell-offs in big stocks. The ASI closed the week at 96,433.53 points, while the market capitalisation settled at N55.39tn. Despite a downward trend, the NGX Oil and Gas Index bucked the market’s performance
Read More The Nigerian Exchange lost N83bn last week as both the All-Share Index and market capitalisation depreciated by 0.15 per cent due to sell-offs in big stocks. The ASI closed the week at 96,433.53 points, while the market capitalisation settled at N55.39tn. Despite a downward trend, the NGX Oil and Gas Index bucked the market’s performance
Read More Punch Newspapers – Business
The Nigerian Exchange lost N83bn last week as both the All-Share Index and market capitalisation depreciated by 0.15 per cent due to sell-offs in big stocks. The ASI closed the week at 96,433.53 points, while the market capitalisation settled at N55.39tn. Despite a downward trend, the NGX Oil and Gas Index bucked the market’s performance
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In a crowded marketplace, attention is the ultimate prize. Businesses must stand out to build brand awareness, generate leads, and drive sales. JUSTICE OKAMGBA writes on using Google tools to achieve these goals Many businesses run advertising (ads) to reach their target audience, build brand awareness, and drive sales. They utilise various channels, including social
In a crowded marketplace, attention is the ultimate prize. Businesses must stand out to build brand awareness, generate leads, and drive sales. JUSTICE OKAMGBA writes on using Google tools to achieve these goals Many businesses run advertising (ads) to reach their target audience, build brand awareness, and drive sales. They utilise various channels, including social
Read More In a crowded marketplace, attention is the ultimate prize. Businesses must stand out to build brand awareness, generate leads, and drive sales. JUSTICE OKAMGBA writes on using Google tools to achieve these goals Many businesses run advertising (ads) to reach their target audience, build brand awareness, and drive sales. They utilise various channels, including social
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In a crowded marketplace, attention is the ultimate prize. Businesses must stand out to build brand awareness, generate leads, and drive sales. JUSTICE OKAMGBA writes on using Google tools to achieve these goals Many businesses run advertising (ads) to reach their target audience, build brand awareness, and drive sales. They utilise various channels, including social
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Stanbic IBTC Holdings Plc’s profit after tax soared by 71 per cent to N116.36bn in the first half of the year, from N67.92bn in the prior year. This was contained in the bank’s consolidated and separate statements of profit or loss for the six months ended June 30, 2024, filed with the Nigerian Exchange Limited
Stanbic IBTC Holdings Plc’s profit after tax soared by 71 per cent to N116.36bn in the first half of the year, from N67.92bn in the prior year. This was contained in the bank’s consolidated and separate statements of profit or loss for the six months ended June 30, 2024, filed with the Nigerian Exchange Limited
Read More Stanbic IBTC Holdings Plc’s profit after tax soared by 71 per cent to N116.36bn in the first half of the year, from N67.92bn in the prior year. This was contained in the bank’s consolidated and separate statements of profit or loss for the six months ended June 30, 2024, filed with the Nigerian Exchange Limited
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Stanbic IBTC Holdings Plc’s profit after tax soared by 71 per cent to N116.36bn in the first half of the year, from N67.92bn in the prior year. This was contained in the bank’s consolidated and separate statements of profit or loss for the six months ended June 30, 2024, filed with the Nigerian Exchange Limited
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The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was postponed for wider consultations with stakeholders whose input and participation would add value to the conclusion of the investigative hearing. Some key stakeholders summoned to appear before the committee at a public hearing
The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was postponed for wider consultations with stakeholders whose input and participation would add value to the conclusion of the investigative hearing. Some key stakeholders summoned to appear before the committee at a public hearing
Read More The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was postponed for wider consultations with stakeholders whose input and participation would add value to the conclusion of the investigative hearing. Some key stakeholders summoned to appear before the committee at a public hearing
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The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was postponed for wider consultations with stakeholders whose input and participation would add value to the conclusion of the investigative hearing. Some key stakeholders summoned to appear before the committee at a public hearing
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Nigerians in the Federal Capital Territory are struggling to locate the sales points for the N40,000 subsidised rice that was officially launched by the Federal Government last week. The launch, which took place on September 5, 2024, saw the Minister of Agriculture and Food Security, Senator Abubakar Kyari, flagging off the sale of 30,000 metric
Nigerians in the Federal Capital Territory are struggling to locate the sales points for the N40,000 subsidised rice that was officially launched by the Federal Government last week. The launch, which took place on September 5, 2024, saw the Minister of Agriculture and Food Security, Senator Abubakar Kyari, flagging off the sale of 30,000 metric
Read More Nigerians in the Federal Capital Territory are struggling to locate the sales points for the N40,000 subsidised rice that was officially launched by the Federal Government last week. The launch, which took place on September 5, 2024, saw the Minister of Agriculture and Food Security, Senator Abubakar Kyari, flagging off the sale of 30,000 metric
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Nigerians in the Federal Capital Territory are struggling to locate the sales points for the N40,000 subsidised rice that was officially launched by the Federal Government last week. The launch, which took place on September 5, 2024, saw the Minister of Agriculture and Food Security, Senator Abubakar Kyari, flagging off the sale of 30,000 metric
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A group of Nigerians based in the United States have launched an app built to revolutionise call and location-sharing experiences of users worldwide. In a statement issued by the group on Sunday by the Chief Executive Officer, Concept Technologies LLC, George Kalu, the app known as SeeMeGlobal, which can be downloaded free on PlayStore, combines
A group of Nigerians based in the United States have launched an app built to revolutionise call and location-sharing experiences of users worldwide. In a statement issued by the group on Sunday by the Chief Executive Officer, Concept Technologies LLC, George Kalu, the app known as SeeMeGlobal, which can be downloaded free on PlayStore, combines
Read More A group of Nigerians based in the United States have launched an app built to revolutionise call and location-sharing experiences of users worldwide. In a statement issued by the group on Sunday by the Chief Executive Officer, Concept Technologies LLC, George Kalu, the app known as SeeMeGlobal, which can be downloaded free on PlayStore, combines
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A group of Nigerians based in the United States have launched an app built to revolutionise call and location-sharing experiences of users worldwide. In a statement issued by the group on Sunday by the Chief Executive Officer, Concept Technologies LLC, George Kalu, the app known as SeeMeGlobal, which can be downloaded free on PlayStore, combines
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A climate technology company, Eki Co-Net said it will lead the largest tree planting exercise in Africa on October 1st, 2024, in celebration of Nigeria’s independence day, as a move to combat climate change. A statement signed by the company’s Chief Executive Officer, Aigboviose Omage on Sunday noted that the initiative aligns with the company’s
A climate technology company, Eki Co-Net said it will lead the largest tree planting exercise in Africa on October 1st, 2024, in celebration of Nigeria’s independence day, as a move to combat climate change. A statement signed by the company’s Chief Executive Officer, Aigboviose Omage on Sunday noted that the initiative aligns with the company’s
Read More A climate technology company, Eki Co-Net said it will lead the largest tree planting exercise in Africa on October 1st, 2024, in celebration of Nigeria’s independence day, as a move to combat climate change. A statement signed by the company’s Chief Executive Officer, Aigboviose Omage on Sunday noted that the initiative aligns with the company’s
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A climate technology company, Eki Co-Net said it will lead the largest tree planting exercise in Africa on October 1st, 2024, in celebration of Nigeria’s independence day, as a move to combat climate change. A statement signed by the company’s Chief Executive Officer, Aigboviose Omage on Sunday noted that the initiative aligns with the company’s
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FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. In a statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that this move comes after a competitive bidding process, with
FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. In a statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that this move comes after a competitive bidding process, with
Read More FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. In a statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that this move comes after a competitive bidding process, with
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FBN Holdings Plc has announced the sale of its 100 per cent equity stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP. In a statement filed with the Nigeria Exchange Limited by the Acting Company Secretary for FBN Holdings, Adeware Arogundade on Friday stated that this move comes after a competitive bidding process, with
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The Nigerian Institute of Transport Technology has urged youths in Nigeria to take advantage of the over 20 skills development programmes currently offered by NITT. NITT’s Director-General and Chief Executive, Dr Bayero Farah, made the call while receiving an Award of Excellence from the National Youth Council of Nigeria, Sabon Gari Branch, Kaduna. Farah, in
The Nigerian Institute of Transport Technology has urged youths in Nigeria to take advantage of the over 20 skills development programmes currently offered by NITT. NITT’s Director-General and Chief Executive, Dr Bayero Farah, made the call while receiving an Award of Excellence from the National Youth Council of Nigeria, Sabon Gari Branch, Kaduna. Farah, in
Read More The Nigerian Institute of Transport Technology has urged youths in Nigeria to take advantage of the over 20 skills development programmes currently offered by NITT. NITT’s Director-General and Chief Executive, Dr Bayero Farah, made the call while receiving an Award of Excellence from the National Youth Council of Nigeria, Sabon Gari Branch, Kaduna. Farah, in
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The Nigerian Institute of Transport Technology has urged youths in Nigeria to take advantage of the over 20 skills development programmes currently offered by NITT. NITT’s Director-General and Chief Executive, Dr Bayero Farah, made the call while receiving an Award of Excellence from the National Youth Council of Nigeria, Sabon Gari Branch, Kaduna. Farah, in
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The Nigerian data centre ecosystem is facing an unprecedented threat of collapse, operators have warned. They said the continued decline of the naira against the dollar, combined with a severe lack of access to long-term financing, is crippling operations and pushing the industry to the edge. Data centres, crucial for digital transformation, are large facilities
The Nigerian data centre ecosystem is facing an unprecedented threat of collapse, operators have warned. They said the continued decline of the naira against the dollar, combined with a severe lack of access to long-term financing, is crippling operations and pushing the industry to the edge. Data centres, crucial for digital transformation, are large facilities
Read More The Nigerian data centre ecosystem is facing an unprecedented threat of collapse, operators have warned. They said the continued decline of the naira against the dollar, combined with a severe lack of access to long-term financing, is crippling operations and pushing the industry to the edge. Data centres, crucial for digital transformation, are large facilities
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The Nigerian data centre ecosystem is facing an unprecedented threat of collapse, operators have warned. They said the continued decline of the naira against the dollar, combined with a severe lack of access to long-term financing, is crippling operations and pushing the industry to the edge. Data centres, crucial for digital transformation, are large facilities
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The House of Representatives member representing Oredo Federal Constituency of Edo State, Esosa Iyawe, has hailed the Dangote Petroleum Refinery for the start of production of Premium Motor Spirit, better known as petrol. Iyawe said this will significantly help to boost Nigeria’s foreign exchange reserves, as the importation of petrol will drop. On September 3,
The House of Representatives member representing Oredo Federal Constituency of Edo State, Esosa Iyawe, has hailed the Dangote Petroleum Refinery for the start of production of Premium Motor Spirit, better known as petrol. Iyawe said this will significantly help to boost Nigeria’s foreign exchange reserves, as the importation of petrol will drop. On September 3,
Read More The House of Representatives member representing Oredo Federal Constituency of Edo State, Esosa Iyawe, has hailed the Dangote Petroleum Refinery for the start of production of Premium Motor Spirit, better known as petrol. Iyawe said this will significantly help to boost Nigeria’s foreign exchange reserves, as the importation of petrol will drop. On September 3,
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The House of Representatives member representing Oredo Federal Constituency of Edo State, Esosa Iyawe, has hailed the Dangote Petroleum Refinery for the start of production of Premium Motor Spirit, better known as petrol. Iyawe said this will significantly help to boost Nigeria’s foreign exchange reserves, as the importation of petrol will drop. On September 3,
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The Lagos Chamber of Commerce and Industry has called on the Federal Government to maintain power sector reforms and initiatives to boost electricity supply to industries. The Director-General of the LCCI, Dr Chinyere Almona, called for increased efforts in developing the power sector, noting that as of July, there was a registered unmetered population of
The Lagos Chamber of Commerce and Industry has called on the Federal Government to maintain power sector reforms and initiatives to boost electricity supply to industries. The Director-General of the LCCI, Dr Chinyere Almona, called for increased efforts in developing the power sector, noting that as of July, there was a registered unmetered population of
Read More The Lagos Chamber of Commerce and Industry has called on the Federal Government to maintain power sector reforms and initiatives to boost electricity supply to industries. The Director-General of the LCCI, Dr Chinyere Almona, called for increased efforts in developing the power sector, noting that as of July, there was a registered unmetered population of
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The Lagos Chamber of Commerce and Industry has called on the Federal Government to maintain power sector reforms and initiatives to boost electricity supply to industries. The Director-General of the LCCI, Dr Chinyere Almona, called for increased efforts in developing the power sector, noting that as of July, there was a registered unmetered population of
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OPay has announced a new charge on electronic transfers into personal and business accounts in compliance with Federal Inland Revenue Service regulations. Starting September 9, 2024, a one-time fee of N50 will be applied to transfers of N10,000 and above. In a notice to its customers on Saturday, OPay stated, “Dear valued customers, please be
OPay has announced a new charge on electronic transfers into personal and business accounts in compliance with Federal Inland Revenue Service regulations. Starting September 9, 2024, a one-time fee of N50 will be applied to transfers of N10,000 and above. In a notice to its customers on Saturday, OPay stated, “Dear valued customers, please be
Read More OPay has announced a new charge on electronic transfers into personal and business accounts in compliance with Federal Inland Revenue Service regulations. Starting September 9, 2024, a one-time fee of N50 will be applied to transfers of N10,000 and above. In a notice to its customers on Saturday, OPay stated, “Dear valued customers, please be
Read More Punch Newspapers – Business
OPay has announced a new charge on electronic transfers into personal and business accounts in compliance with Federal Inland Revenue Service regulations. Starting September 9, 2024, a one-time fee of N50 will be applied to transfers of N10,000 and above. In a notice to its customers on Saturday, OPay stated, “Dear valued customers, please be
Read More
Petroleum Station Workers have called for recognition and organisation under the Nigeria Union of Petroleum and Natural Gas Workers to protect their rights and improve their standard of living. At a press conference in Kaduna on Thursday, Ibrahim Zango, spokesperson for PSW, lamented the excessive maltreatment, poor salaries, and neglect faced by workers in the
Petroleum Station Workers have called for recognition and organisation under the Nigeria Union of Petroleum and Natural Gas Workers to protect their rights and improve their standard of living. At a press conference in Kaduna on Thursday, Ibrahim Zango, spokesperson for PSW, lamented the excessive maltreatment, poor salaries, and neglect faced by workers in the
Read More Petroleum Station Workers have called for recognition and organisation under the Nigeria Union of Petroleum and Natural Gas Workers to protect their rights and improve their standard of living. At a press conference in Kaduna on Thursday, Ibrahim Zango, spokesperson for PSW, lamented the excessive maltreatment, poor salaries, and neglect faced by workers in the
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Petroleum Station Workers have called for recognition and organisation under the Nigeria Union of Petroleum and Natural Gas Workers to protect their rights and improve their standard of living. At a press conference in Kaduna on Thursday, Ibrahim Zango, spokesperson for PSW, lamented the excessive maltreatment, poor salaries, and neglect faced by workers in the
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The Corporate Affairs Commission has issued a stern reminder to Point of Sale operators across the country that the deadline for their business registration, initially announced on July 7, 2024, expired on September 5, 2024. In a statement on Friday, the CAC expressed concern over the inadequate compliance with the directive, despite the large number
The Corporate Affairs Commission has issued a stern reminder to Point of Sale operators across the country that the deadline for their business registration, initially announced on July 7, 2024, expired on September 5, 2024. In a statement on Friday, the CAC expressed concern over the inadequate compliance with the directive, despite the large number
Read More The Corporate Affairs Commission has issued a stern reminder to Point of Sale operators across the country that the deadline for their business registration, initially announced on July 7, 2024, expired on September 5, 2024. In a statement on Friday, the CAC expressed concern over the inadequate compliance with the directive, despite the large number
Read More Punch Newspapers – Business
The Corporate Affairs Commission has issued a stern reminder to Point of Sale operators across the country that the deadline for their business registration, initially announced on July 7, 2024, expired on September 5, 2024. In a statement on Friday, the CAC expressed concern over the inadequate compliance with the directive, despite the large number
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The Eko Electricity Distribution Company Plc has clarified that the ministries, departments, and agencies of the Federal Government, including the military, owe the power distribution company N42bn as the cost of electricity consumed and not N144bn. This was announced on Friday by the Bureau of Public Enterprises in a statement issued by the Head of
The Eko Electricity Distribution Company Plc has clarified that the ministries, departments, and agencies of the Federal Government, including the military, owe the power distribution company N42bn as the cost of electricity consumed and not N144bn. This was announced on Friday by the Bureau of Public Enterprises in a statement issued by the Head of
Read More The Eko Electricity Distribution Company Plc has clarified that the ministries, departments, and agencies of the Federal Government, including the military, owe the power distribution company N42bn as the cost of electricity consumed and not N144bn. This was announced on Friday by the Bureau of Public Enterprises in a statement issued by the Head of
Read More Punch Newspapers – Business
The Eko Electricity Distribution Company Plc has clarified that the ministries, departments, and agencies of the Federal Government, including the military, owe the power distribution company N42bn as the cost of electricity consumed and not N144bn. This was announced on Friday by the Bureau of Public Enterprises in a statement issued by the Head of
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The Federal Government on Friday issued a ‘Licence to Construct’ to UTM Offshore Limited for the development of a 2.8 million tonnes per annum Floating Liquefied Natural Gas facility. This historic project, the first of its kind in Nigeria, aligns with the government’s ongoing efforts to boost gas production, distribution, and utilisation under the Decade
The Federal Government on Friday issued a ‘Licence to Construct’ to UTM Offshore Limited for the development of a 2.8 million tonnes per annum Floating Liquefied Natural Gas facility. This historic project, the first of its kind in Nigeria, aligns with the government’s ongoing efforts to boost gas production, distribution, and utilisation under the Decade
Read More The Federal Government on Friday issued a ‘Licence to Construct’ to UTM Offshore Limited for the development of a 2.8 million tonnes per annum Floating Liquefied Natural Gas facility. This historic project, the first of its kind in Nigeria, aligns with the government’s ongoing efforts to boost gas production, distribution, and utilisation under the Decade
Read More Punch Newspapers – Business
The Federal Government on Friday issued a ‘Licence to Construct’ to UTM Offshore Limited for the development of a 2.8 million tonnes per annum Floating Liquefied Natural Gas facility. This historic project, the first of its kind in Nigeria, aligns with the government’s ongoing efforts to boost gas production, distribution, and utilisation under the Decade
Read More
Former Presidents Olusegun Obasanjo and Goodluck Jonathan will join other dignitaries to discuss the importance of value-based leadership in Africa at the upcoming African Leadership Biblical Initiative conference. The General Secretary of the Bible Society of Nigeria, Pastor Samuel Sanusi, disclosed this during a pre-conference press briefing in Lagos on Friday. He stated that Obasanjo
Former Presidents Olusegun Obasanjo and Goodluck Jonathan will join other dignitaries to discuss the importance of value-based leadership in Africa at the upcoming African Leadership Biblical Initiative conference. The General Secretary of the Bible Society of Nigeria, Pastor Samuel Sanusi, disclosed this during a pre-conference press briefing in Lagos on Friday. He stated that Obasanjo
Read More Former Presidents Olusegun Obasanjo and Goodluck Jonathan will join other dignitaries to discuss the importance of value-based leadership in Africa at the upcoming African Leadership Biblical Initiative conference. The General Secretary of the Bible Society of Nigeria, Pastor Samuel Sanusi, disclosed this during a pre-conference press briefing in Lagos on Friday. He stated that Obasanjo
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Former Presidents Olusegun Obasanjo and Goodluck Jonathan will join other dignitaries to discuss the importance of value-based leadership in Africa at the upcoming African Leadership Biblical Initiative conference. The General Secretary of the Bible Society of Nigeria, Pastor Samuel Sanusi, disclosed this during a pre-conference press briefing in Lagos on Friday. He stated that Obasanjo
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Tigran Gambaryan, a US citizen, has been detained since February in a dispute between the cryptocurrency exchange and the Nigerian government. Tigran Gambaryan, a US citizen, has been detained since February in a dispute between the cryptocurrency exchange and the...
Speaking at the China-Africa cooperation summit, Antonio Guterres called for "deep reforms" to the international financial system. Speaking at the China-Africa cooperation summit, Antonio Guterres called for "deep reforms" to the international financial system. ...
China has become sub-Saharan Africa’s largest bilateral trading partner but exports much more to the continent than it imports. In part to reduce its trade deficit, African leaders are seeking China's help to expand their agricultural exports and industrialize their...
A publishing company, Worital, has pledged to boost book publishing in Nigeria by encouraging excellence. According to the firm in a release, excellence boosts the publishing business by giving companies a reputation which clients look out for before entrusting their books with them. “We encourage our clients to do their due diligence, so they feel
A publishing company, Worital, has pledged to boost book publishing in Nigeria by encouraging excellence. According to the firm in a release, excellence boosts the publishing business by giving companies a reputation which clients look out for before entrusting their books with them. “We encourage our clients to do their due diligence, so they feel
Read More A publishing company, Worital, has pledged to boost book publishing in Nigeria by encouraging excellence. According to the firm in a release, excellence boosts the publishing business by giving companies a reputation which clients look out for before entrusting their books with them. “We encourage our clients to do their due diligence, so they feel
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A publishing company, Worital, has pledged to boost book publishing in Nigeria by encouraging excellence. According to the firm in a release, excellence boosts the publishing business by giving companies a reputation which clients look out for before entrusting their books with them. “We encourage our clients to do their due diligence, so they feel
Read More
Newspread.ng is set to host the second edition of the Sabi Chef street food cooking competition to showcase the culinary talents of food vendors. The event, which will be held in November in partnership with Maxx Connection Ltd, aims to uplift Nigeria’s vibrant street food culture and reward street food vendors with prizes, according to
Newspread.ng is set to host the second edition of the Sabi Chef street food cooking competition to showcase the culinary talents of food vendors. The event, which will be held in November in partnership with Maxx Connection Ltd, aims to uplift Nigeria’s vibrant street food culture and reward street food vendors with prizes, according to
Read More Newspread.ng is set to host the second edition of the Sabi Chef street food cooking competition to showcase the culinary talents of food vendors. The event, which will be held in November in partnership with Maxx Connection Ltd, aims to uplift Nigeria’s vibrant street food culture and reward street food vendors with prizes, according to
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Newspread.ng is set to host the second edition of the Sabi Chef street food cooking competition to showcase the culinary talents of food vendors. The event, which will be held in November in partnership with Maxx Connection Ltd, aims to uplift Nigeria’s vibrant street food culture and reward street food vendors with prizes, according to
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A pharmaceutical company, Roche, has partnered with OncoPadi, a digital healthcare services provider, to tackle breast cancer in Nigeria. According to a statement, Roche’s partnership with OncoPadi aims to increase breast cancer awareness and provide free screening services to 5,000 women, promoting early detection and improving chances of survival. Roche said it would offer follow-up
A pharmaceutical company, Roche, has partnered with OncoPadi, a digital healthcare services provider, to tackle breast cancer in Nigeria. According to a statement, Roche’s partnership with OncoPadi aims to increase breast cancer awareness and provide free screening services to 5,000 women, promoting early detection and improving chances of survival. Roche said it would offer follow-up
Read More A pharmaceutical company, Roche, has partnered with OncoPadi, a digital healthcare services provider, to tackle breast cancer in Nigeria. According to a statement, Roche’s partnership with OncoPadi aims to increase breast cancer awareness and provide free screening services to 5,000 women, promoting early detection and improving chances of survival. Roche said it would offer follow-up
Read More Punch Newspapers – Business
A pharmaceutical company, Roche, has partnered with OncoPadi, a digital healthcare services provider, to tackle breast cancer in Nigeria. According to a statement, Roche’s partnership with OncoPadi aims to increase breast cancer awareness and provide free screening services to 5,000 women, promoting early detection and improving chances of survival. Roche said it would offer follow-up
Read More
Food brand Mamador has organised a capacity-building programme for women in health and financial education at its August Women Meeting. During the meeting with the Mamador August Women Meeting with the theme ‘Nourish to Flourish: Elevating Health and Wealth’ in Lagos recently, health and financial experts, including Sandra Oluwadare, Sola Adesakin, Dr Chinonso Egemba and
Food brand Mamador has organised a capacity-building programme for women in health and financial education at its August Women Meeting. During the meeting with the Mamador August Women Meeting with the theme ‘Nourish to Flourish: Elevating Health and Wealth’ in Lagos recently, health and financial experts, including Sandra Oluwadare, Sola Adesakin, Dr Chinonso Egemba and
Read More Food brand Mamador has organised a capacity-building programme for women in health and financial education at its August Women Meeting. During the meeting with the Mamador August Women Meeting with the theme ‘Nourish to Flourish: Elevating Health and Wealth’ in Lagos recently, health and financial experts, including Sandra Oluwadare, Sola Adesakin, Dr Chinonso Egemba and
Read More Punch Newspapers – Business
Food brand Mamador has organised a capacity-building programme for women in health and financial education at its August Women Meeting. During the meeting with the Mamador August Women Meeting with the theme ‘Nourish to Flourish: Elevating Health and Wealth’ in Lagos recently, health and financial experts, including Sandra Oluwadare, Sola Adesakin, Dr Chinonso Egemba and
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Participants at The Leverage Conference have called on the government to address the crippling effects of high electricity bills on small and medium-sized enterprises across the country. According to a statement, the Chief Executive Officer of Bukola Neville Ltd, Adebukola Adeogun, mentioned at the recent conference for aspiring entrepreneurs in Lagos that high power costs
Participants at The Leverage Conference have called on the government to address the crippling effects of high electricity bills on small and medium-sized enterprises across the country. According to a statement, the Chief Executive Officer of Bukola Neville Ltd, Adebukola Adeogun, mentioned at the recent conference for aspiring entrepreneurs in Lagos that high power costs
Read More Participants at The Leverage Conference have called on the government to address the crippling effects of high electricity bills on small and medium-sized enterprises across the country. According to a statement, the Chief Executive Officer of Bukola Neville Ltd, Adebukola Adeogun, mentioned at the recent conference for aspiring entrepreneurs in Lagos that high power costs
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Participants at The Leverage Conference have called on the government to address the crippling effects of high electricity bills on small and medium-sized enterprises across the country. According to a statement, the Chief Executive Officer of Bukola Neville Ltd, Adebukola Adeogun, mentioned at the recent conference for aspiring entrepreneurs in Lagos that high power costs
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Schneider Electric has stated its resolve to support Africa’s economic growth by empowering individuals, communities and industries with sustainable energy solutions. According to a statement on Thursday, the Country President of Schneider Electric West Africa, Ajibola Akindele, said this during the opening of the firm’s new office headquarters in Aromire, Ikeja, Lagos. He stated that
Schneider Electric has stated its resolve to support Africa’s economic growth by empowering individuals, communities and industries with sustainable energy solutions. According to a statement on Thursday, the Country President of Schneider Electric West Africa, Ajibola Akindele, said this during the opening of the firm’s new office headquarters in Aromire, Ikeja, Lagos. He stated that
Read More Schneider Electric has stated its resolve to support Africa’s economic growth by empowering individuals, communities and industries with sustainable energy solutions. According to a statement on Thursday, the Country President of Schneider Electric West Africa, Ajibola Akindele, said this during the opening of the firm’s new office headquarters in Aromire, Ikeja, Lagos. He stated that
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Schneider Electric has stated its resolve to support Africa’s economic growth by empowering individuals, communities and industries with sustainable energy solutions. According to a statement on Thursday, the Country President of Schneider Electric West Africa, Ajibola Akindele, said this during the opening of the firm’s new office headquarters in Aromire, Ikeja, Lagos. He stated that
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The Nigeria Customs Service, on Thursday, said the suspension of customs duties and taxes on imported food items will be implemented as soon as the service receives the list of beneficiaries from the Ministry of Finance. This is coming almost two months after the Federal Government directed that the authorities of the Nigeria Customs Services
The Nigeria Customs Service, on Thursday, said the suspension of customs duties and taxes on imported food items will be implemented as soon as the service receives the list of beneficiaries from the Ministry of Finance. This is coming almost two months after the Federal Government directed that the authorities of the Nigeria Customs Services
Read More The Nigeria Customs Service, on Thursday, said the suspension of customs duties and taxes on imported food items will be implemented as soon as the service receives the list of beneficiaries from the Ministry of Finance. This is coming almost two months after the Federal Government directed that the authorities of the Nigeria Customs Services
Read More Punch Newspapers – Business
The Nigeria Customs Service, on Thursday, said the suspension of customs duties and taxes on imported food items will be implemented as soon as the service receives the list of beneficiaries from the Ministry of Finance. This is coming almost two months after the Federal Government directed that the authorities of the Nigeria Customs Services
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Agricultural investments will be monitored to track state support and hold everyone in the food value chain accountable, according to the Lagos State Commissioner for Agriculture, Abisola Olusanya. The commissioner disclosed this Wednesday at the Agriculture & Allied Group 2024 Symposium/Fair organised by the Lagos Chamber of Commerce and Industry in Lagos. Olusanya said the
Agricultural investments will be monitored to track state support and hold everyone in the food value chain accountable, according to the Lagos State Commissioner for Agriculture, Abisola Olusanya. The commissioner disclosed this Wednesday at the Agriculture & Allied Group 2024 Symposium/Fair organised by the Lagos Chamber of Commerce and Industry in Lagos. Olusanya said the
Read More Agricultural investments will be monitored to track state support and hold everyone in the food value chain accountable, according to the Lagos State Commissioner for Agriculture, Abisola Olusanya. The commissioner disclosed this Wednesday at the Agriculture & Allied Group 2024 Symposium/Fair organised by the Lagos Chamber of Commerce and Industry in Lagos. Olusanya said the
Read More Punch Newspapers – Business
Agricultural investments will be monitored to track state support and hold everyone in the food value chain accountable, according to the Lagos State Commissioner for Agriculture, Abisola Olusanya. The commissioner disclosed this Wednesday at the Agriculture & Allied Group 2024 Symposium/Fair organised by the Lagos Chamber of Commerce and Industry in Lagos. Olusanya said the
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The Manufacturers Association of Nigeria has stated that the recent hike in the price of premium motor spirit from N568 per litre to N855 will compound the rising cost challenge confronting the country’s real sector. Recently, the Nigeria National Petroleum Company Limited on Tuesday reviewed petrol prices upward amid the protracted scarcity of the product
The Manufacturers Association of Nigeria has stated that the recent hike in the price of premium motor spirit from N568 per litre to N855 will compound the rising cost challenge confronting the country’s real sector. Recently, the Nigeria National Petroleum Company Limited on Tuesday reviewed petrol prices upward amid the protracted scarcity of the product
Read More The Manufacturers Association of Nigeria has stated that the recent hike in the price of premium motor spirit from N568 per litre to N855 will compound the rising cost challenge confronting the country’s real sector. Recently, the Nigeria National Petroleum Company Limited on Tuesday reviewed petrol prices upward amid the protracted scarcity of the product
Read More Punch Newspapers – Business
The Manufacturers Association of Nigeria has stated that the recent hike in the price of premium motor spirit from N568 per litre to N855 will compound the rising cost challenge confronting the country’s real sector. Recently, the Nigeria National Petroleum Company Limited on Tuesday reviewed petrol prices upward amid the protracted scarcity of the product
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As Dangote Refinery begins local supply of petrol, a chieftain of the Peoples Democratic Party, Ogun State, Otunba Segun Showunmi, has appealed to the industrialist and owner of the refinery, Alhaji Aliko Dangote, to prioritise patriotism and nationalism above profit. Showunmi, in a statement on Tuesday, said Nigerians had suffered a lot and bore a
As Dangote Refinery begins local supply of petrol, a chieftain of the Peoples Democratic Party, Ogun State, Otunba Segun Showunmi, has appealed to the industrialist and owner of the refinery, Alhaji Aliko Dangote, to prioritise patriotism and nationalism above profit. Showunmi, in a statement on Tuesday, said Nigerians had suffered a lot and bore a
Read More As Dangote Refinery begins local supply of petrol, a chieftain of the Peoples Democratic Party, Ogun State, Otunba Segun Showunmi, has appealed to the industrialist and owner of the refinery, Alhaji Aliko Dangote, to prioritise patriotism and nationalism above profit. Showunmi, in a statement on Tuesday, said Nigerians had suffered a lot and bore a
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As Dangote Refinery begins local supply of petrol, a chieftain of the Peoples Democratic Party, Ogun State, Otunba Segun Showunmi, has appealed to the industrialist and owner of the refinery, Alhaji Aliko Dangote, to prioritise patriotism and nationalism above profit. Showunmi, in a statement on Tuesday, said Nigerians had suffered a lot and bore a
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The Minister of Power, Adebayo Adelabu, has said Nigeria is committed to achieving universal energy access by 2060, with a short-term target of attaining 30 gigawatts of grid energy supply by 2030. He disclosed this in a statement posted on the power ministry’s media platform on Thursday. Speaking at the China-Nigeria Economic Cooperation and Trade
The Minister of Power, Adebayo Adelabu, has said Nigeria is committed to achieving universal energy access by 2060, with a short-term target of attaining 30 gigawatts of grid energy supply by 2030. He disclosed this in a statement posted on the power ministry’s media platform on Thursday. Speaking at the China-Nigeria Economic Cooperation and Trade
Read More The Minister of Power, Adebayo Adelabu, has said Nigeria is committed to achieving universal energy access by 2060, with a short-term target of attaining 30 gigawatts of grid energy supply by 2030. He disclosed this in a statement posted on the power ministry’s media platform on Thursday. Speaking at the China-Nigeria Economic Cooperation and Trade
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The Minister of Power, Adebayo Adelabu, has said Nigeria is committed to achieving universal energy access by 2060, with a short-term target of attaining 30 gigawatts of grid energy supply by 2030. He disclosed this in a statement posted on the power ministry’s media platform on Thursday. Speaking at the China-Nigeria Economic Cooperation and Trade
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Unity Bank Plc has announced the restoration of services on its system and the readiness to collect duty for cargoes from licensed customs agents and freight forwarders. This is coming days after licensed agents under the Africa Association of Professional Freight Forwarders and Logistics of Nigeria slammed Unity Bank over the inability of agents to
Unity Bank Plc has announced the restoration of services on its system and the readiness to collect duty for cargoes from licensed customs agents and freight forwarders. This is coming days after licensed agents under the Africa Association of Professional Freight Forwarders and Logistics of Nigeria slammed Unity Bank over the inability of agents to
Read More Unity Bank Plc has announced the restoration of services on its system and the readiness to collect duty for cargoes from licensed customs agents and freight forwarders. This is coming days after licensed agents under the Africa Association of Professional Freight Forwarders and Logistics of Nigeria slammed Unity Bank over the inability of agents to
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Unity Bank Plc has announced the restoration of services on its system and the readiness to collect duty for cargoes from licensed customs agents and freight forwarders. This is coming days after licensed agents under the Africa Association of Professional Freight Forwarders and Logistics of Nigeria slammed Unity Bank over the inability of agents to
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The Federal Government has commenced the sale of 30,000 metric tonnes of subsidised milled rice to Nigerians at the rate of N40,000 per bag. It started the subsidised rice sale at a ceremony that took place in Abuja on Thursday. The Minister of Agriculture and Food Security, Abubakar Kyari, said the initiative was made possible
The Federal Government has commenced the sale of 30,000 metric tonnes of subsidised milled rice to Nigerians at the rate of N40,000 per bag. It started the subsidised rice sale at a ceremony that took place in Abuja on Thursday. The Minister of Agriculture and Food Security, Abubakar Kyari, said the initiative was made possible
Read More The Federal Government has commenced the sale of 30,000 metric tonnes of subsidised milled rice to Nigerians at the rate of N40,000 per bag. It started the subsidised rice sale at a ceremony that took place in Abuja on Thursday. The Minister of Agriculture and Food Security, Abubakar Kyari, said the initiative was made possible
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The Federal Government has commenced the sale of 30,000 metric tonnes of subsidised milled rice to Nigerians at the rate of N40,000 per bag. It started the subsidised rice sale at a ceremony that took place in Abuja on Thursday. The Minister of Agriculture and Food Security, Abubakar Kyari, said the initiative was made possible
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Barge Operators Association of Nigeria has said that the major challenge confronting its members is the N50m bank bond slammed on them by the management of the Nigerian Ports Authority before they can be issued an operating licence. The National President of BOAN, Olubunmi Olumekun, was quoted to have stated this on Wednesday in Apapa,
Barge Operators Association of Nigeria has said that the major challenge confronting its members is the N50m bank bond slammed on them by the management of the Nigerian Ports Authority before they can be issued an operating licence. The National President of BOAN, Olubunmi Olumekun, was quoted to have stated this on Wednesday in Apapa,
Read More Barge Operators Association of Nigeria has said that the major challenge confronting its members is the N50m bank bond slammed on them by the management of the Nigerian Ports Authority before they can be issued an operating licence. The National President of BOAN, Olubunmi Olumekun, was quoted to have stated this on Wednesday in Apapa,
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Barge Operators Association of Nigeria has said that the major challenge confronting its members is the N50m bank bond slammed on them by the management of the Nigerian Ports Authority before they can be issued an operating licence. The National President of BOAN, Olubunmi Olumekun, was quoted to have stated this on Wednesday in Apapa,
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The Bank of Industry has raised approximately €1.43bn, the largest amount in the history of the bank, during the senior phase of its global loan syndication. In a statement made available to The PUNCH on Thursday, the development finance institution said the transaction also recorded a 42.5 per% oversubscription. It said the facility included a
The Bank of Industry has raised approximately €1.43bn, the largest amount in the history of the bank, during the senior phase of its global loan syndication. In a statement made available to The PUNCH on Thursday, the development finance institution said the transaction also recorded a 42.5 per% oversubscription. It said the facility included a
Read More The Bank of Industry has raised approximately €1.43bn, the largest amount in the history of the bank, during the senior phase of its global loan syndication. In a statement made available to The PUNCH on Thursday, the development finance institution said the transaction also recorded a 42.5 per% oversubscription. It said the facility included a
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The Bank of Industry has raised approximately €1.43bn, the largest amount in the history of the bank, during the senior phase of its global loan syndication. In a statement made available to The PUNCH on Thursday, the development finance institution said the transaction also recorded a 42.5 per% oversubscription. It said the facility included a
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The Enhancing Financial Innovation and Access platform has revealed that the Federal Government allocated about N132.28bn to gender-related issues in six years out of the N46.65tn approved budget between 2015 and 2020. This was disclosed in the latest EFInA Women’s Economic Empowerment report released on Wednesday. “Despite its significance, less than one per cent of
The Enhancing Financial Innovation and Access platform has revealed that the Federal Government allocated about N132.28bn to gender-related issues in six years out of the N46.65tn approved budget between 2015 and 2020. This was disclosed in the latest EFInA Women’s Economic Empowerment report released on Wednesday. “Despite its significance, less than one per cent of
Read More The Enhancing Financial Innovation and Access platform has revealed that the Federal Government allocated about N132.28bn to gender-related issues in six years out of the N46.65tn approved budget between 2015 and 2020. This was disclosed in the latest EFInA Women’s Economic Empowerment report released on Wednesday. “Despite its significance, less than one per cent of
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The Enhancing Financial Innovation and Access platform has revealed that the Federal Government allocated about N132.28bn to gender-related issues in six years out of the N46.65tn approved budget between 2015 and 2020. This was disclosed in the latest EFInA Women’s Economic Empowerment report released on Wednesday. “Despite its significance, less than one per cent of
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The Association of Mobile Money and Bank Agents in Nigeria has taken legal action against the Corporate Affairs Commission over its directive requiring Point of Sale operators to register their activities, which ended on Thursday, September 5, 2024. With the deadline for registration ending today, AMMBAN is challenging the CAC’s directive in court, arguing that
The Association of Mobile Money and Bank Agents in Nigeria has taken legal action against the Corporate Affairs Commission over its directive requiring Point of Sale operators to register their activities, which ended on Thursday, September 5, 2024. With the deadline for registration ending today, AMMBAN is challenging the CAC’s directive in court, arguing that
Read More The Association of Mobile Money and Bank Agents in Nigeria has taken legal action against the Corporate Affairs Commission over its directive requiring Point of Sale operators to register their activities, which ended on Thursday, September 5, 2024. With the deadline for registration ending today, AMMBAN is challenging the CAC’s directive in court, arguing that
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The Association of Mobile Money and Bank Agents in Nigeria has taken legal action against the Corporate Affairs Commission over its directive requiring Point of Sale operators to register their activities, which ended on Thursday, September 5, 2024. With the deadline for registration ending today, AMMBAN is challenging the CAC’s directive in court, arguing that
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The Federal Government has declared that any facility that uses or produces batteries and violates the battery control regulations in Nigeria is going to pay N2m as a fine, adding that its officials risk a six-month jail term. It declared this through the National Environmental Standards and Regulations Enforcement Agency in Abuja on Thursday at
The Federal Government has declared that any facility that uses or produces batteries and violates the battery control regulations in Nigeria is going to pay N2m as a fine, adding that its officials risk a six-month jail term. It declared this through the National Environmental Standards and Regulations Enforcement Agency in Abuja on Thursday at
Read More The Federal Government has declared that any facility that uses or produces batteries and violates the battery control regulations in Nigeria is going to pay N2m as a fine, adding that its officials risk a six-month jail term. It declared this through the National Environmental Standards and Regulations Enforcement Agency in Abuja on Thursday at
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The Federal Government has declared that any facility that uses or produces batteries and violates the battery control regulations in Nigeria is going to pay N2m as a fine, adding that its officials risk a six-month jail term. It declared this through the National Environmental Standards and Regulations Enforcement Agency in Abuja on Thursday at
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The Fiscal Responsibility Commission has issued a stern warning against the misapplication of borrowing proceeds, emphasising the need for greater fiscal discipline and adherence to the Fiscal Responsibility Act. This caution was delivered by Executive Chairman of the FRC, Victor Muruako, during his welcome address at the National Summit of Fiscal Responsibility Agencies in Nigeria,
The Fiscal Responsibility Commission has issued a stern warning against the misapplication of borrowing proceeds, emphasising the need for greater fiscal discipline and adherence to the Fiscal Responsibility Act. This caution was delivered by Executive Chairman of the FRC, Victor Muruako, during his welcome address at the National Summit of Fiscal Responsibility Agencies in Nigeria,
Read More The Fiscal Responsibility Commission has issued a stern warning against the misapplication of borrowing proceeds, emphasising the need for greater fiscal discipline and adherence to the Fiscal Responsibility Act. This caution was delivered by Executive Chairman of the FRC, Victor Muruako, during his welcome address at the National Summit of Fiscal Responsibility Agencies in Nigeria,
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The Fiscal Responsibility Commission has issued a stern warning against the misapplication of borrowing proceeds, emphasising the need for greater fiscal discipline and adherence to the Fiscal Responsibility Act. This caution was delivered by Executive Chairman of the FRC, Victor Muruako, during his welcome address at the National Summit of Fiscal Responsibility Agencies in Nigeria,
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The National Identity Management Commission has reassured that its systems are working optimally to meet the needs of Nigerians for the NIN-SIM linkage deadline on September 14, 2024. This assurance comes after the President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, expressed worry that there were challenges in linking NIN to SIM cards,
The National Identity Management Commission has reassured that its systems are working optimally to meet the needs of Nigerians for the NIN-SIM linkage deadline on September 14, 2024. This assurance comes after the President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, expressed worry that there were challenges in linking NIN to SIM cards,
Read More The National Identity Management Commission has reassured that its systems are working optimally to meet the needs of Nigerians for the NIN-SIM linkage deadline on September 14, 2024. This assurance comes after the President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, expressed worry that there were challenges in linking NIN to SIM cards,
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The National Identity Management Commission has reassured that its systems are working optimally to meet the needs of Nigerians for the NIN-SIM linkage deadline on September 14, 2024. This assurance comes after the President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, expressed worry that there were challenges in linking NIN to SIM cards,
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The Mombasa-Nairobi Standard Gauge Railway (SGR), a key project of the Belt and Road Initiative, has positively influenced Kenya's economic and social growth. The Mombasa-Nairobi Standard Gauge Railway (SGR), a key project of the Belt and Road Initiative, has...
Chinese President Xi Jinping on Monday called on China and South Africa to beef up solidarity and cooperation in a new era and on a new journey, which meets the shared aspirations of the two peoples Chinese President Xi Jinping on Monday called on China and South...
On Thursday, Chinese President Xi Jinping suggested to the gathered African leaders that the relationships with all African nations holding diplomatic ties with China should be upgraded to a "strategic" level. On Thursday, Chinese President Xi Jinping suggested to...
The Nigerian National Petroleum Company Limited has disclosed that 188 incidents of oil theft were recorded in the past week. The state-owned energy company said the incidents were recorded from August 24 to 30. In a visual report, the NNPC stated, “Between the 24th and 30th of August 2024, a total of 188 incidents of
The Nigerian National Petroleum Company Limited has disclosed that 188 incidents of oil theft were recorded in the past week. The state-owned energy company said the incidents were recorded from August 24 to 30. In a visual report, the NNPC stated, “Between the 24th and 30th of August 2024, a total of 188 incidents of
Read More The Nigerian National Petroleum Company Limited has disclosed that 188 incidents of oil theft were recorded in the past week. The state-owned energy company said the incidents were recorded from August 24 to 30. In a visual report, the NNPC stated, “Between the 24th and 30th of August 2024, a total of 188 incidents of
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The Nigerian National Petroleum Company Limited has disclosed that 188 incidents of oil theft were recorded in the past week. The state-owned energy company said the incidents were recorded from August 24 to 30. In a visual report, the NNPC stated, “Between the 24th and 30th of August 2024, a total of 188 incidents of
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Ogun State Governor, Dapo Abiodun, has said the commencement of fuel production by the Dangote oil refinery will strengthen the nation’s economy by eliminating constant fuel shortages and conserving foreign exchange. Petrol produced from the 650,000 barrels per day refinery is expected to hit filling stations in the next 48 hours as modalities with the
Ogun State Governor, Dapo Abiodun, has said the commencement of fuel production by the Dangote oil refinery will strengthen the nation’s economy by eliminating constant fuel shortages and conserving foreign exchange. Petrol produced from the 650,000 barrels per day refinery is expected to hit filling stations in the next 48 hours as modalities with the
Read More Ogun State Governor, Dapo Abiodun, has said the commencement of fuel production by the Dangote oil refinery will strengthen the nation’s economy by eliminating constant fuel shortages and conserving foreign exchange. Petrol produced from the 650,000 barrels per day refinery is expected to hit filling stations in the next 48 hours as modalities with the
Read More Punch Newspapers – Business
Ogun State Governor, Dapo Abiodun, has said the commencement of fuel production by the Dangote oil refinery will strengthen the nation’s economy by eliminating constant fuel shortages and conserving foreign exchange. Petrol produced from the 650,000 barrels per day refinery is expected to hit filling stations in the next 48 hours as modalities with the
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A new research done by Bridgewater Associates, Global Citizen and Harith General Partners, has revealed that Sub-Sahara Africa is set to contribute about 25 per cent of the global working population in the decades to come. This was revealed in a statement issued on Wednesday, which highlighted the key findings of the research. “Sub-Saharan Africa
A new research done by Bridgewater Associates, Global Citizen and Harith General Partners, has revealed that Sub-Sahara Africa is set to contribute about 25 per cent of the global working population in the decades to come. This was revealed in a statement issued on Wednesday, which highlighted the key findings of the research. “Sub-Saharan Africa
Read More A new research done by Bridgewater Associates, Global Citizen and Harith General Partners, has revealed that Sub-Sahara Africa is set to contribute about 25 per cent of the global working population in the decades to come. This was revealed in a statement issued on Wednesday, which highlighted the key findings of the research. “Sub-Saharan Africa
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A new research done by Bridgewater Associates, Global Citizen and Harith General Partners, has revealed that Sub-Sahara Africa is set to contribute about 25 per cent of the global working population in the decades to come. This was revealed in a statement issued on Wednesday, which highlighted the key findings of the research. “Sub-Saharan Africa
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The Bank of Industry has pledged support for local companies that have continued to invest in the country despite the global economic downturn. The development finance institution stated that despite the exit of some companies, others had remained dogged and resilient in expanding their frontiers in the country. In a statement on Wednesday, it was
The Bank of Industry has pledged support for local companies that have continued to invest in the country despite the global economic downturn. The development finance institution stated that despite the exit of some companies, others had remained dogged and resilient in expanding their frontiers in the country. In a statement on Wednesday, it was
Read More The Bank of Industry has pledged support for local companies that have continued to invest in the country despite the global economic downturn. The development finance institution stated that despite the exit of some companies, others had remained dogged and resilient in expanding their frontiers in the country. In a statement on Wednesday, it was
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The Bank of Industry has pledged support for local companies that have continued to invest in the country despite the global economic downturn. The development finance institution stated that despite the exit of some companies, others had remained dogged and resilient in expanding their frontiers in the country. In a statement on Wednesday, it was
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The latest Purchasing Manager’s Index released by the Central Bank of Nigeria has indicated that economic activities expanded in August for the first time in 13 months. The PMI published by the CBN on Wednesday showed that the composite PMI for August 2024 stood at 50.2 index points, indicating an expansion in economic activities after
The latest Purchasing Manager’s Index released by the Central Bank of Nigeria has indicated that economic activities expanded in August for the first time in 13 months. The PMI published by the CBN on Wednesday showed that the composite PMI for August 2024 stood at 50.2 index points, indicating an expansion in economic activities after
Read More The latest Purchasing Manager’s Index released by the Central Bank of Nigeria has indicated that economic activities expanded in August for the first time in 13 months. The PMI published by the CBN on Wednesday showed that the composite PMI for August 2024 stood at 50.2 index points, indicating an expansion in economic activities after
Read More Punch Newspapers – Business
The latest Purchasing Manager’s Index released by the Central Bank of Nigeria has indicated that economic activities expanded in August for the first time in 13 months. The PMI published by the CBN on Wednesday showed that the composite PMI for August 2024 stood at 50.2 index points, indicating an expansion in economic activities after
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The Nigeria Customs Service has commenced the implementation of the Authorised Economic Operators benefits programme for the first set of approved importers, exporters, small and medium enterprises, customs-licensed brokers, and logistics operators. It stated that as part of the programme, consignments belonging to the selected operators would receive preferential treatment, including automatic pre-arrival assessment report
The Nigeria Customs Service has commenced the implementation of the Authorised Economic Operators benefits programme for the first set of approved importers, exporters, small and medium enterprises, customs-licensed brokers, and logistics operators. It stated that as part of the programme, consignments belonging to the selected operators would receive preferential treatment, including automatic pre-arrival assessment report
Read More The Nigeria Customs Service has commenced the implementation of the Authorised Economic Operators benefits programme for the first set of approved importers, exporters, small and medium enterprises, customs-licensed brokers, and logistics operators. It stated that as part of the programme, consignments belonging to the selected operators would receive preferential treatment, including automatic pre-arrival assessment report
Read More Punch Newspapers – Business
The Nigeria Customs Service has commenced the implementation of the Authorised Economic Operators benefits programme for the first set of approved importers, exporters, small and medium enterprises, customs-licensed brokers, and logistics operators. It stated that as part of the programme, consignments belonging to the selected operators would receive preferential treatment, including automatic pre-arrival assessment report
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The Ikeja Electricity Distribution Company has added 23 more Band A feeders, raising the total to 179. This was as the Nigerian Electricity Regulatory Commission approved the Multi-Year Tariff Order feeder upgrade for the 23 feeders. In a statement made available to our correspondent, the IKEDC Head of Corporate Communication, Kingsley Okotie, said the approval
The Ikeja Electricity Distribution Company has added 23 more Band A feeders, raising the total to 179. This was as the Nigerian Electricity Regulatory Commission approved the Multi-Year Tariff Order feeder upgrade for the 23 feeders. In a statement made available to our correspondent, the IKEDC Head of Corporate Communication, Kingsley Okotie, said the approval
Read More The Ikeja Electricity Distribution Company has added 23 more Band A feeders, raising the total to 179. This was as the Nigerian Electricity Regulatory Commission approved the Multi-Year Tariff Order feeder upgrade for the 23 feeders. In a statement made available to our correspondent, the IKEDC Head of Corporate Communication, Kingsley Okotie, said the approval
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The Ikeja Electricity Distribution Company has added 23 more Band A feeders, raising the total to 179. This was as the Nigerian Electricity Regulatory Commission approved the Multi-Year Tariff Order feeder upgrade for the 23 feeders. In a statement made available to our correspondent, the IKEDC Head of Corporate Communication, Kingsley Okotie, said the approval
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As the September 15 deadline for linking National Identification Number to Subscriber Identification Module cards approaches, subscribers have expressed frustration over the challenges they face in uploading their details on the National Identity Management Commission portal. The President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, described the situation as “terrible” after visiting some
As the September 15 deadline for linking National Identification Number to Subscriber Identification Module cards approaches, subscribers have expressed frustration over the challenges they face in uploading their details on the National Identity Management Commission portal. The President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, described the situation as “terrible” after visiting some
Read More As the September 15 deadline for linking National Identification Number to Subscriber Identification Module cards approaches, subscribers have expressed frustration over the challenges they face in uploading their details on the National Identity Management Commission portal. The President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, described the situation as “terrible” after visiting some
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As the September 15 deadline for linking National Identification Number to Subscriber Identification Module cards approaches, subscribers have expressed frustration over the challenges they face in uploading their details on the National Identity Management Commission portal. The President of the National Association of Telecommunications Subscribers, Adeolu Ogungbanjo, described the situation as “terrible” after visiting some
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Gas production in Nigeria is growing from 7.5 billion cubic feet per day and is inching to 12 bcf per day, the Federal Government has said. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this to journalists at a recent event in Lagos. Ekpo said his major focus during his second year
Gas production in Nigeria is growing from 7.5 billion cubic feet per day and is inching to 12 bcf per day, the Federal Government has said. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this to journalists at a recent event in Lagos. Ekpo said his major focus during his second year
Read More Gas production in Nigeria is growing from 7.5 billion cubic feet per day and is inching to 12 bcf per day, the Federal Government has said. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this to journalists at a recent event in Lagos. Ekpo said his major focus during his second year
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Gas production in Nigeria is growing from 7.5 billion cubic feet per day and is inching to 12 bcf per day, the Federal Government has said. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed this to journalists at a recent event in Lagos. Ekpo said his major focus during his second year
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Indigenous oil firm, Belemaoil Producing Limited, has announced the appointment of Ahmadu Sambo as its new Managing Director/Chief Executive Officer. The company also announced Mr Emmanuel Onos as its chief financial officer to drive its transformation and realise its shared vision. In a statement, the company’s board of directors said it approved the new appointments
Indigenous oil firm, Belemaoil Producing Limited, has announced the appointment of Ahmadu Sambo as its new Managing Director/Chief Executive Officer. The company also announced Mr Emmanuel Onos as its chief financial officer to drive its transformation and realise its shared vision. In a statement, the company’s board of directors said it approved the new appointments
Read More Indigenous oil firm, Belemaoil Producing Limited, has announced the appointment of Ahmadu Sambo as its new Managing Director/Chief Executive Officer. The company also announced Mr Emmanuel Onos as its chief financial officer to drive its transformation and realise its shared vision. In a statement, the company’s board of directors said it approved the new appointments
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Indigenous oil firm, Belemaoil Producing Limited, has announced the appointment of Ahmadu Sambo as its new Managing Director/Chief Executive Officer. The company also announced Mr Emmanuel Onos as its chief financial officer to drive its transformation and realise its shared vision. In a statement, the company’s board of directors said it approved the new appointments
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In a bid to stop incessant national grid collapse, the Federal Government has concluded plans to construct what it called a super grid. The media aide to the Minister of Power, Bolaji Tunji, disclosed this in a statement he made available to our correspondent on Tuesday. According to him, the power minister, Adebayo Adelabu, spoke
In a bid to stop incessant national grid collapse, the Federal Government has concluded plans to construct what it called a super grid. The media aide to the Minister of Power, Bolaji Tunji, disclosed this in a statement he made available to our correspondent on Tuesday. According to him, the power minister, Adebayo Adelabu, spoke
Read More In a bid to stop incessant national grid collapse, the Federal Government has concluded plans to construct what it called a super grid. The media aide to the Minister of Power, Bolaji Tunji, disclosed this in a statement he made available to our correspondent on Tuesday. According to him, the power minister, Adebayo Adelabu, spoke
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In a bid to stop incessant national grid collapse, the Federal Government has concluded plans to construct what it called a super grid. The media aide to the Minister of Power, Bolaji Tunji, disclosed this in a statement he made available to our correspondent on Tuesday. According to him, the power minister, Adebayo Adelabu, spoke
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The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, has disclosed that it intercepted 70 contrabands worth N8.9bn in July. In a statement on Wednesday, the Customs Area Controller in charge of the command, Kola Oladeji, disclosed this while displaying some of the seized contraband recently in Lagos. “Within the period under review, we
The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, has disclosed that it intercepted 70 contrabands worth N8.9bn in July. In a statement on Wednesday, the Customs Area Controller in charge of the command, Kola Oladeji, disclosed this while displaying some of the seized contraband recently in Lagos. “Within the period under review, we
Read More The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, has disclosed that it intercepted 70 contrabands worth N8.9bn in July. In a statement on Wednesday, the Customs Area Controller in charge of the command, Kola Oladeji, disclosed this while displaying some of the seized contraband recently in Lagos. “Within the period under review, we
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The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, has disclosed that it intercepted 70 contrabands worth N8.9bn in July. In a statement on Wednesday, the Customs Area Controller in charge of the command, Kola Oladeji, disclosed this while displaying some of the seized contraband recently in Lagos. “Within the period under review, we
Read More
The Global System for Mobile Communications Association has urged the Federal Government to reduce telecom taxes to encourage investments and boost the country’s digital economy. The Head of Sub-Saharan Africa at GSMA, Angela Wamola, said Nigeria’s complex and burdensome tax regime is hindering the telecom sector’s ability to invest in infrastructure, expand services, and contribute
The Global System for Mobile Communications Association has urged the Federal Government to reduce telecom taxes to encourage investments and boost the country’s digital economy. The Head of Sub-Saharan Africa at GSMA, Angela Wamola, said Nigeria’s complex and burdensome tax regime is hindering the telecom sector’s ability to invest in infrastructure, expand services, and contribute
Read More The Global System for Mobile Communications Association has urged the Federal Government to reduce telecom taxes to encourage investments and boost the country’s digital economy. The Head of Sub-Saharan Africa at GSMA, Angela Wamola, said Nigeria’s complex and burdensome tax regime is hindering the telecom sector’s ability to invest in infrastructure, expand services, and contribute
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The Global System for Mobile Communications Association has urged the Federal Government to reduce telecom taxes to encourage investments and boost the country’s digital economy. The Head of Sub-Saharan Africa at GSMA, Angela Wamola, said Nigeria’s complex and burdensome tax regime is hindering the telecom sector’s ability to invest in infrastructure, expand services, and contribute
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The Abuja Chamber of Commerce and Industry, in collaboration with Afreximbank and other strategic partners, is set to host the maiden edition of the Farm, Food, and Allied Technologies Expo 2024. This event which will take place in Abuja, aims to showcase the latest advancements in agro-mechanisation and food processing technologies while fostering strategic partnerships
The Abuja Chamber of Commerce and Industry, in collaboration with Afreximbank and other strategic partners, is set to host the maiden edition of the Farm, Food, and Allied Technologies Expo 2024. This event which will take place in Abuja, aims to showcase the latest advancements in agro-mechanisation and food processing technologies while fostering strategic partnerships
Read More The Abuja Chamber of Commerce and Industry, in collaboration with Afreximbank and other strategic partners, is set to host the maiden edition of the Farm, Food, and Allied Technologies Expo 2024. This event which will take place in Abuja, aims to showcase the latest advancements in agro-mechanisation and food processing technologies while fostering strategic partnerships
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The Abuja Chamber of Commerce and Industry, in collaboration with Afreximbank and other strategic partners, is set to host the maiden edition of the Farm, Food, and Allied Technologies Expo 2024. This event which will take place in Abuja, aims to showcase the latest advancements in agro-mechanisation and food processing technologies while fostering strategic partnerships
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Vice President Kashim Shettima, on Wednesday, inaugurated a comprehensive $115m upgrade project at the West Africa Container Terminal located in Onne in the Eleme Local Government Area of Rivers State. The investment underscores APM Terminals’ commitment to Nigeria’s economic growth and strengthens its position as a key trade hub in West Africa. The APM Terminals,
Vice President Kashim Shettima, on Wednesday, inaugurated a comprehensive $115m upgrade project at the West Africa Container Terminal located in Onne in the Eleme Local Government Area of Rivers State. The investment underscores APM Terminals’ commitment to Nigeria’s economic growth and strengthens its position as a key trade hub in West Africa. The APM Terminals,
Read More Vice President Kashim Shettima, on Wednesday, inaugurated a comprehensive $115m upgrade project at the West Africa Container Terminal located in Onne in the Eleme Local Government Area of Rivers State. The investment underscores APM Terminals’ commitment to Nigeria’s economic growth and strengthens its position as a key trade hub in West Africa. The APM Terminals,
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Vice President Kashim Shettima, on Wednesday, inaugurated a comprehensive $115m upgrade project at the West Africa Container Terminal located in Onne in the Eleme Local Government Area of Rivers State. The investment underscores APM Terminals’ commitment to Nigeria’s economic growth and strengthens its position as a key trade hub in West Africa. The APM Terminals,
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The Federal Government has declared a state of emergency at the Onne Port in Rivers State following the repeated incidents of importation of dangerous cargo, including arms and ammunition through this port. To this effect, the government said it is immediately implementing emergency protocols at Onne Port for the next three months by conducting thorough
The Federal Government has declared a state of emergency at the Onne Port in Rivers State following the repeated incidents of importation of dangerous cargo, including arms and ammunition through this port. To this effect, the government said it is immediately implementing emergency protocols at Onne Port for the next three months by conducting thorough
Read More The Federal Government has declared a state of emergency at the Onne Port in Rivers State following the repeated incidents of importation of dangerous cargo, including arms and ammunition through this port. To this effect, the government said it is immediately implementing emergency protocols at Onne Port for the next three months by conducting thorough
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The Federal Government has declared a state of emergency at the Onne Port in Rivers State following the repeated incidents of importation of dangerous cargo, including arms and ammunition through this port. To this effect, the government said it is immediately implementing emergency protocols at Onne Port for the next three months by conducting thorough
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Burkina Faso has nationalised two gold mines for a sum of around 80 million dollars, ending a legal row between rival companies Endeavour and Lilium Mining. As part of the deal, the companies will abandon their legal cases against each other, launched after Endeavour...
The Ambassador of Tunisia to Nigeria, Mohsen Antit, has announced that direct flights between Tunisia and Nigeria are expected to commence in 2026. This initiative is part of broader efforts to enhance bilateral relations between the two countries. In an interview on Wednesday in Abuja, Antit emphasized that direct flights are essential for fostering closer
The Ambassador of Tunisia to Nigeria, Mohsen Antit, has announced that direct flights between Tunisia and Nigeria are expected to commence in 2026. This initiative is part of broader efforts to enhance bilateral relations between the two countries. In an interview on Wednesday in Abuja, Antit emphasized that direct flights are essential for fostering closer
Read More The Ambassador of Tunisia to Nigeria, Mohsen Antit, has announced that direct flights between Tunisia and Nigeria are expected to commence in 2026. This initiative is part of broader efforts to enhance bilateral relations between the two countries. In an interview on Wednesday in Abuja, Antit emphasized that direct flights are essential for fostering closer
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The Ambassador of Tunisia to Nigeria, Mohsen Antit, has announced that direct flights between Tunisia and Nigeria are expected to commence in 2026. This initiative is part of broader efforts to enhance bilateral relations between the two countries. In an interview on Wednesday in Abuja, Antit emphasized that direct flights are essential for fostering closer
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Oando Plc has vowed to take legal action against recent false claims concerning the NAOC/Oando transaction timelines. The company, in a statement filed with the Nigeria Exchange on Monday, had issued a formal response to the allegations, which were widely circulated on various media platforms. The firm stated that its legal team was monitoring the
Oando Plc has vowed to take legal action against recent false claims concerning the NAOC/Oando transaction timelines. The company, in a statement filed with the Nigeria Exchange on Monday, had issued a formal response to the allegations, which were widely circulated on various media platforms. The firm stated that its legal team was monitoring the
Read More Oando Plc has vowed to take legal action against recent false claims concerning the NAOC/Oando transaction timelines. The company, in a statement filed with the Nigeria Exchange on Monday, had issued a formal response to the allegations, which were widely circulated on various media platforms. The firm stated that its legal team was monitoring the
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Oando Plc has vowed to take legal action against recent false claims concerning the NAOC/Oando transaction timelines. The company, in a statement filed with the Nigeria Exchange on Monday, had issued a formal response to the allegations, which were widely circulated on various media platforms. The firm stated that its legal team was monitoring the
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The Nigerian Stock Exchange sustained its bullish momentum on Tuesday, with investors pocketing a N45bn gain. The index rose by 0.08 per cent to close at 96,873.74 and the market capitalisation rose to N55.65tn. Despite the positive investors’ sentiment, the market breadth closed negative as 29 equities gained, while 30 equities saw declines in their
The Nigerian Stock Exchange sustained its bullish momentum on Tuesday, with investors pocketing a N45bn gain. The index rose by 0.08 per cent to close at 96,873.74 and the market capitalisation rose to N55.65tn. Despite the positive investors’ sentiment, the market breadth closed negative as 29 equities gained, while 30 equities saw declines in their
Read More The Nigerian Stock Exchange sustained its bullish momentum on Tuesday, with investors pocketing a N45bn gain. The index rose by 0.08 per cent to close at 96,873.74 and the market capitalisation rose to N55.65tn. Despite the positive investors’ sentiment, the market breadth closed negative as 29 equities gained, while 30 equities saw declines in their
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The Nigerian Stock Exchange sustained its bullish momentum on Tuesday, with investors pocketing a N45bn gain. The index rose by 0.08 per cent to close at 96,873.74 and the market capitalisation rose to N55.65tn. Despite the positive investors’ sentiment, the market breadth closed negative as 29 equities gained, while 30 equities saw declines in their
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Dangote Industries Limited and MTN Nigeria have been named Nigeria’s ‘Most Valuable Brand’. Dangote Industries came top after an assessment conducted by ‘Top 50 Brands Nigeria’ as part of its evaluation of top brands for the year. At the media briefing to announce the 2024 Top 50 Brands Nigeria in Lagos on Tuesday, the organisers
Dangote Industries Limited and MTN Nigeria have been named Nigeria’s ‘Most Valuable Brand’. Dangote Industries came top after an assessment conducted by ‘Top 50 Brands Nigeria’ as part of its evaluation of top brands for the year. At the media briefing to announce the 2024 Top 50 Brands Nigeria in Lagos on Tuesday, the organisers
Read More Dangote Industries Limited and MTN Nigeria have been named Nigeria’s ‘Most Valuable Brand’. Dangote Industries came top after an assessment conducted by ‘Top 50 Brands Nigeria’ as part of its evaluation of top brands for the year. At the media briefing to announce the 2024 Top 50 Brands Nigeria in Lagos on Tuesday, the organisers
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Dangote Industries Limited and MTN Nigeria have been named Nigeria’s ‘Most Valuable Brand’. Dangote Industries came top after an assessment conducted by ‘Top 50 Brands Nigeria’ as part of its evaluation of top brands for the year. At the media briefing to announce the 2024 Top 50 Brands Nigeria in Lagos on Tuesday, the organisers
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The Financial Reporting Council and the Nigeria Integrated Reporting Council have collaborated on a two-day workshop on sustainability reporting for players in the telecoms and oil & gas sectors. At the opening ceremony of the workshop on Tuesday, the Executive Secretary of FRC, Dr Rabiu Olowo, represented by the Coordinating Director of the Directorates of
The Financial Reporting Council and the Nigeria Integrated Reporting Council have collaborated on a two-day workshop on sustainability reporting for players in the telecoms and oil & gas sectors. At the opening ceremony of the workshop on Tuesday, the Executive Secretary of FRC, Dr Rabiu Olowo, represented by the Coordinating Director of the Directorates of
Read More The Financial Reporting Council and the Nigeria Integrated Reporting Council have collaborated on a two-day workshop on sustainability reporting for players in the telecoms and oil & gas sectors. At the opening ceremony of the workshop on Tuesday, the Executive Secretary of FRC, Dr Rabiu Olowo, represented by the Coordinating Director of the Directorates of
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The Financial Reporting Council and the Nigeria Integrated Reporting Council have collaborated on a two-day workshop on sustainability reporting for players in the telecoms and oil & gas sectors. At the opening ceremony of the workshop on Tuesday, the Executive Secretary of FRC, Dr Rabiu Olowo, represented by the Coordinating Director of the Directorates of
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The Nigerian Content Development and Monitoring Board has revealed that it held a book reading event specifically aimed at guiding writers on how to leverage digital resources to enhance their craft. Declaring the event open in Yenagoa, Bayelsa State recently, the Executive Secretary of the NCDMB, Engr Felix Ogbe, noted that the board in its
The Nigerian Content Development and Monitoring Board has revealed that it held a book reading event specifically aimed at guiding writers on how to leverage digital resources to enhance their craft. Declaring the event open in Yenagoa, Bayelsa State recently, the Executive Secretary of the NCDMB, Engr Felix Ogbe, noted that the board in its
Read More The Nigerian Content Development and Monitoring Board has revealed that it held a book reading event specifically aimed at guiding writers on how to leverage digital resources to enhance their craft. Declaring the event open in Yenagoa, Bayelsa State recently, the Executive Secretary of the NCDMB, Engr Felix Ogbe, noted that the board in its
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The Nigerian Content Development and Monitoring Board has revealed that it held a book reading event specifically aimed at guiding writers on how to leverage digital resources to enhance their craft. Declaring the event open in Yenagoa, Bayelsa State recently, the Executive Secretary of the NCDMB, Engr Felix Ogbe, noted that the board in its
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Banks’ credits to the private sector rose by 34 per cent to N75.48tn in July, from N56.46tn in the prior year. This is according to the latest data on credit to the private sector obtained from the Central Bank of Nigeria. On a month-on-month basis, banks’ credit to the private sector rose by about N2.29tn
Banks’ credits to the private sector rose by 34 per cent to N75.48tn in July, from N56.46tn in the prior year. This is according to the latest data on credit to the private sector obtained from the Central Bank of Nigeria. On a month-on-month basis, banks’ credit to the private sector rose by about N2.29tn
Read More Banks’ credits to the private sector rose by 34 per cent to N75.48tn in July, from N56.46tn in the prior year. This is according to the latest data on credit to the private sector obtained from the Central Bank of Nigeria. On a month-on-month basis, banks’ credit to the private sector rose by about N2.29tn
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Banks’ credits to the private sector rose by 34 per cent to N75.48tn in July, from N56.46tn in the prior year. This is according to the latest data on credit to the private sector obtained from the Central Bank of Nigeria. On a month-on-month basis, banks’ credit to the private sector rose by about N2.29tn
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Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant increase in its borrowing from the institution. A financial statement dated June 30 2024 but recently made public and obtained by our correspondent on Tuesday disclosed this. The IDA, a key arm of the World
Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant increase in its borrowing from the institution. A financial statement dated June 30 2024 but recently made public and obtained by our correspondent on Tuesday disclosed this. The IDA, a key arm of the World
Read More Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant increase in its borrowing from the institution. A financial statement dated June 30 2024 but recently made public and obtained by our correspondent on Tuesday disclosed this. The IDA, a key arm of the World
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Nigeria is the third-largest debtor to the World Bank’s International Development Association as of June 30, 2024, following a significant increase in its borrowing from the institution. A financial statement dated June 30 2024 but recently made public and obtained by our correspondent on Tuesday disclosed this. The IDA, a key arm of the World
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The Canadian Government has said it supported Nigeria with the building of nine oxygen plants in nine states worth $23 million due to the gaps she experienced during the outbreak of the COVID-19 pandemic in 2019. The Canadian High Commissioner Ambassador to Nigeria, Mr James Christoff, explained when he visited the newly commissioned ‘Pressure Swing
The Canadian Government has said it supported Nigeria with the building of nine oxygen plants in nine states worth $23 million due to the gaps she experienced during the outbreak of the COVID-19 pandemic in 2019. The Canadian High Commissioner Ambassador to Nigeria, Mr James Christoff, explained when he visited the newly commissioned ‘Pressure Swing
Read More The Canadian Government has said it supported Nigeria with the building of nine oxygen plants in nine states worth $23 million due to the gaps she experienced during the outbreak of the COVID-19 pandemic in 2019. The Canadian High Commissioner Ambassador to Nigeria, Mr James Christoff, explained when he visited the newly commissioned ‘Pressure Swing
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The Canadian Government has said it supported Nigeria with the building of nine oxygen plants in nine states worth $23 million due to the gaps she experienced during the outbreak of the COVID-19 pandemic in 2019. The Canadian High Commissioner Ambassador to Nigeria, Mr James Christoff, explained when he visited the newly commissioned ‘Pressure Swing
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The president of the Dangote Group, Aliko Dangote has boasted that the quality of Dangote Refinery’s Premium Motor Spirit will match that of the United States, and other parts of the world. Dangote said this on Tuesday during a press conference to announce the official production of petrol at the 650,000 barrels per day facility.
The president of the Dangote Group, Aliko Dangote has boasted that the quality of Dangote Refinery’s Premium Motor Spirit will match that of the United States, and other parts of the world. Dangote said this on Tuesday during a press conference to announce the official production of petrol at the 650,000 barrels per day facility.
Read More The president of the Dangote Group, Aliko Dangote has boasted that the quality of Dangote Refinery’s Premium Motor Spirit will match that of the United States, and other parts of the world. Dangote said this on Tuesday during a press conference to announce the official production of petrol at the 650,000 barrels per day facility.
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The president of the Dangote Group, Aliko Dangote has boasted that the quality of Dangote Refinery’s Premium Motor Spirit will match that of the United States, and other parts of the world. Dangote said this on Tuesday during a press conference to announce the official production of petrol at the 650,000 barrels per day facility.
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The main Palestinian banking association has said that all banks across Gaza have halted operations, the latest deterioration in living conditions to hit the war-ravaged enclave. The main Palestinian banking association has said that all banks across Gaza have halted...
Nigeria’s debt servicing in the first seven months of this year rose by 53.63 per cent, or $971.47m, to $2.78bn, up from the $1.81bn recorded in the same period in 2023. This was disclosed in the Weekly International Payments data available on the Central Bank of Nigeria’s website. CBN data showed that external debt servicing
Nigeria’s debt servicing in the first seven months of this year rose by 53.63 per cent, or $971.47m, to $2.78bn, up from the $1.81bn recorded in the same period in 2023. This was disclosed in the Weekly International Payments data available on the Central Bank of Nigeria’s website. CBN data showed that external debt servicing
Read More Nigeria’s debt servicing in the first seven months of this year rose by 53.63 per cent, or $971.47m, to $2.78bn, up from the $1.81bn recorded in the same period in 2023. This was disclosed in the Weekly International Payments data available on the Central Bank of Nigeria’s website. CBN data showed that external debt servicing
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Nigeria’s debt servicing in the first seven months of this year rose by 53.63 per cent, or $971.47m, to $2.78bn, up from the $1.81bn recorded in the same period in 2023. This was disclosed in the Weekly International Payments data available on the Central Bank of Nigeria’s website. CBN data showed that external debt servicing
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The Nigerian Communications Satellite Limited has reiterated its commitment to aligning with the Federal Government’s presidential priorities, specifically targeting the enhancement of economic growth and the generation of employment opportunities. The Chief Executive Officer of NIGCOMSAT, Jane Egerton-Idehen, said in a statement on Monday that it was dedicated to aligning its strategic pillars with the
The Nigerian Communications Satellite Limited has reiterated its commitment to aligning with the Federal Government’s presidential priorities, specifically targeting the enhancement of economic growth and the generation of employment opportunities. The Chief Executive Officer of NIGCOMSAT, Jane Egerton-Idehen, said in a statement on Monday that it was dedicated to aligning its strategic pillars with the
Read More The Nigerian Communications Satellite Limited has reiterated its commitment to aligning with the Federal Government’s presidential priorities, specifically targeting the enhancement of economic growth and the generation of employment opportunities. The Chief Executive Officer of NIGCOMSAT, Jane Egerton-Idehen, said in a statement on Monday that it was dedicated to aligning its strategic pillars with the
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The Nigerian Communications Satellite Limited has reiterated its commitment to aligning with the Federal Government’s presidential priorities, specifically targeting the enhancement of economic growth and the generation of employment opportunities. The Chief Executive Officer of NIGCOMSAT, Jane Egerton-Idehen, said in a statement on Monday that it was dedicated to aligning its strategic pillars with the
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Apple Inc. has announced its latest flagship device, the iPhone 16, which marks a significant shift in focus towards software innovation and artificial intelligence. The new device, set to be unveiled on September 9, will feature advanced AI capabilities integrated into iOS 18. According to experts, the iPhone 16 represents a major turning point for
Apple Inc. has announced its latest flagship device, the iPhone 16, which marks a significant shift in focus towards software innovation and artificial intelligence. The new device, set to be unveiled on September 9, will feature advanced AI capabilities integrated into iOS 18. According to experts, the iPhone 16 represents a major turning point for
Read More Apple Inc. has announced its latest flagship device, the iPhone 16, which marks a significant shift in focus towards software innovation and artificial intelligence. The new device, set to be unveiled on September 9, will feature advanced AI capabilities integrated into iOS 18. According to experts, the iPhone 16 represents a major turning point for
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Apple Inc. has announced its latest flagship device, the iPhone 16, which marks a significant shift in focus towards software innovation and artificial intelligence. The new device, set to be unveiled on September 9, will feature advanced AI capabilities integrated into iOS 18. According to experts, the iPhone 16 represents a major turning point for
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Dangote Refinery has commenced the production of premium motor spirit or petrol, positioning the Nigerian National Petroleum Company Limited as its first exclusive buyer. According to Reuters, the refinery, which has a production capacity of 650,000 barrels per day, is nearing the end of its testing phase and will begin supplying petrol in the coming
Dangote Refinery has commenced the production of premium motor spirit or petrol, positioning the Nigerian National Petroleum Company Limited as its first exclusive buyer. According to Reuters, the refinery, which has a production capacity of 650,000 barrels per day, is nearing the end of its testing phase and will begin supplying petrol in the coming
Read More Dangote Refinery has commenced the production of premium motor spirit or petrol, positioning the Nigerian National Petroleum Company Limited as its first exclusive buyer. According to Reuters, the refinery, which has a production capacity of 650,000 barrels per day, is nearing the end of its testing phase and will begin supplying petrol in the coming
Read More Punch Newspapers – Business
Dangote Refinery has commenced the production of premium motor spirit or petrol, positioning the Nigerian National Petroleum Company Limited as its first exclusive buyer. According to Reuters, the refinery, which has a production capacity of 650,000 barrels per day, is nearing the end of its testing phase and will begin supplying petrol in the coming
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The central bank, which is independent but owned by the Libyan state, is the sole internationally recognized repository of Libya's oil revenues, a vital economic source of income for a country torn for years between rival governments in Tripoli and Benghazi. The...
While they have created employment for many of the country’s citizens who are outside of the labour market, neither informal shops nor their staff pay tax. While they have created employment for many of the country’s citizens who are outside of the labour market,...
Kenya Airways reported its first half-year profit in over a decade on Monday, with a profit after tax of 513 million Kenyan shillings ($4 million) for January to June, reversing a 21.7 billion shilling loss from the same period last year. Kenya Airways reported its...
The gradual phase out of electricity subsidies is part of an agreement with the IMF to expand Egypt’s loan programme to $8 billion. The gradual phase out of electricity subsidies is part of an agreement with the IMF to expand Egypt’s loan programme to $8 billion. A...
The country’s deficit is up, credit ratings are down, the tourism industry is flailing, and state expenditures are mired in controversy. The country’s deficit is up, credit ratings are down, the tourism industry is flailing, and state expenditures are mired in...
Chinese Vice Foreign Minister Chen Xiaodong said on Friday that now is "the right time" to deepen cooperation between China and Africa, ahead of an upcoming China-Africa summit in Beijing next month. Chinese Vice Foreign Minister Chen Xiaodong said on Friday that now...
South African luxury goods magnate Johann Rupert has become Africa’s wealthiest person, overtaking Nigeria’s Aliko Dangote, who previously held the top position. South African luxury goods magnate Johann Rupert has become Africa’s wealthiest person, overtaking...
Early Monday morning, South African President Cyril Ramaphosa arrived in Beijing to join the two-day 2024 Summit of the Forum on China-Africa Cooperation (FOCAC), scheduled to start in the Chinese capital on September 4th. Early Monday morning, South African...
The Federal Government has called on estate surveyors and valuers to uphold excellence and integrity in their profession. The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the inauguration ceremony of the newly constituted Estate Surveyors and Valuers Registration Board of Nigeria in Abuja recently. He emphasised the critical role of surveyors
The Federal Government has called on estate surveyors and valuers to uphold excellence and integrity in their profession. The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the inauguration ceremony of the newly constituted Estate Surveyors and Valuers Registration Board of Nigeria in Abuja recently. He emphasised the critical role of surveyors
Read More The Federal Government has called on estate surveyors and valuers to uphold excellence and integrity in their profession. The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the inauguration ceremony of the newly constituted Estate Surveyors and Valuers Registration Board of Nigeria in Abuja recently. He emphasised the critical role of surveyors
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The Federal Government has called on estate surveyors and valuers to uphold excellence and integrity in their profession. The Minister of Housing and Urban Development, Ahmed Dangiwa, stated this during the inauguration ceremony of the newly constituted Estate Surveyors and Valuers Registration Board of Nigeria in Abuja recently. He emphasised the critical role of surveyors
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The Environmental Impact Assessment and Social Assessment report of Coastal Highway Project Section 1 has projected that the Lagos-Calabar Coastal Highway may pose security and environmental threats. This report was obtained recently from the ‘X’ account of the Environmental Assessment Department of the Federal Ministry of Environment. According to the report, the proposed development may
The Environmental Impact Assessment and Social Assessment report of Coastal Highway Project Section 1 has projected that the Lagos-Calabar Coastal Highway may pose security and environmental threats. This report was obtained recently from the ‘X’ account of the Environmental Assessment Department of the Federal Ministry of Environment. According to the report, the proposed development may
Read More The Environmental Impact Assessment and Social Assessment report of Coastal Highway Project Section 1 has projected that the Lagos-Calabar Coastal Highway may pose security and environmental threats. This report was obtained recently from the ‘X’ account of the Environmental Assessment Department of the Federal Ministry of Environment. According to the report, the proposed development may
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The Environmental Impact Assessment and Social Assessment report of Coastal Highway Project Section 1 has projected that the Lagos-Calabar Coastal Highway may pose security and environmental threats. This report was obtained recently from the ‘X’ account of the Environmental Assessment Department of the Federal Ministry of Environment. According to the report, the proposed development may
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The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under the National Agency for the Great Green Wall initiative. The Operational Focal Point for GEF, Jonah Stanley, disclosed this at an interactive session with the Federal Ministry of Environment, National Agency for Green Great Wall, and Sec. Diarra & Sages
The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under the National Agency for the Great Green Wall initiative. The Operational Focal Point for GEF, Jonah Stanley, disclosed this at an interactive session with the Federal Ministry of Environment, National Agency for Green Great Wall, and Sec. Diarra & Sages
Read More The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under the National Agency for the Great Green Wall initiative. The Operational Focal Point for GEF, Jonah Stanley, disclosed this at an interactive session with the Federal Ministry of Environment, National Agency for Green Great Wall, and Sec. Diarra & Sages
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The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under the National Agency for the Great Green Wall initiative. The Operational Focal Point for GEF, Jonah Stanley, disclosed this at an interactive session with the Federal Ministry of Environment, National Agency for Green Great Wall, and Sec. Diarra & Sages
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The Security and Exchange Commission has granted an approval-in-principle to DreamCity Capital, a digital real estate investment platform in Nigeria. “Approval in Principle” is a preliminary approval granted by a regulatory body, indicating that a proposal or application is acceptable in principle, subject to certain conditions or further requirements. In a press statement on Friday,
The Security and Exchange Commission has granted an approval-in-principle to DreamCity Capital, a digital real estate investment platform in Nigeria. “Approval in Principle” is a preliminary approval granted by a regulatory body, indicating that a proposal or application is acceptable in principle, subject to certain conditions or further requirements. In a press statement on Friday,
Read More The Security and Exchange Commission has granted an approval-in-principle to DreamCity Capital, a digital real estate investment platform in Nigeria. “Approval in Principle” is a preliminary approval granted by a regulatory body, indicating that a proposal or application is acceptable in principle, subject to certain conditions or further requirements. In a press statement on Friday,
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The Security and Exchange Commission has granted an approval-in-principle to DreamCity Capital, a digital real estate investment platform in Nigeria. “Approval in Principle” is a preliminary approval granted by a regulatory body, indicating that a proposal or application is acceptable in principle, subject to certain conditions or further requirements. In a press statement on Friday,
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A former President of Ghana Institution of Engineering, Prof. Charles Adams, has said that African engineering institutions need innovative and excellent leadership. He noted this at the 6th Engineer Banagana Mohammed Distinguished Annual Public Lecture, titled: “Innovative Leadership: Envisioning Excellence in Engineering Leadership for the Africa We Want”. The event coincided with the annual general
A former President of Ghana Institution of Engineering, Prof. Charles Adams, has said that African engineering institutions need innovative and excellent leadership. He noted this at the 6th Engineer Banagana Mohammed Distinguished Annual Public Lecture, titled: “Innovative Leadership: Envisioning Excellence in Engineering Leadership for the Africa We Want”. The event coincided with the annual general
Read More A former President of Ghana Institution of Engineering, Prof. Charles Adams, has said that African engineering institutions need innovative and excellent leadership. He noted this at the 6th Engineer Banagana Mohammed Distinguished Annual Public Lecture, titled: “Innovative Leadership: Envisioning Excellence in Engineering Leadership for the Africa We Want”. The event coincided with the annual general
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A former President of Ghana Institution of Engineering, Prof. Charles Adams, has said that African engineering institutions need innovative and excellent leadership. He noted this at the 6th Engineer Banagana Mohammed Distinguished Annual Public Lecture, titled: “Innovative Leadership: Envisioning Excellence in Engineering Leadership for the Africa We Want”. The event coincided with the annual general
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The Nigerian National Petroleum Company Limited has set stringent financial requirements for companies vying to operate and maintain the Warri Refining and Petrochemical Company and Kaduna Refining and Petrochemical Company. In the Expression of Interest document released by NNPC on Saturday, only firms with a minimum average annual turnover of $2bn will qualify for the
The Nigerian National Petroleum Company Limited has set stringent financial requirements for companies vying to operate and maintain the Warri Refining and Petrochemical Company and Kaduna Refining and Petrochemical Company. In the Expression of Interest document released by NNPC on Saturday, only firms with a minimum average annual turnover of $2bn will qualify for the
Read More The Nigerian National Petroleum Company Limited has set stringent financial requirements for companies vying to operate and maintain the Warri Refining and Petrochemical Company and Kaduna Refining and Petrochemical Company. In the Expression of Interest document released by NNPC on Saturday, only firms with a minimum average annual turnover of $2bn will qualify for the
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The Nigerian National Petroleum Company Limited has set stringent financial requirements for companies vying to operate and maintain the Warri Refining and Petrochemical Company and Kaduna Refining and Petrochemical Company. In the Expression of Interest document released by NNPC on Saturday, only firms with a minimum average annual turnover of $2bn will qualify for the
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The Chairman of BUA Cement, Abdul Samad Rabiu, has attributed the high cost of cement to the exploitation of consumers by middlemen within the supply chain. Rabiu noted that the activities of those intermediaries undermined his company’s policy to maintain a N3,500 per bag price in 2023. He made this disclosure at the 8th Annual
The Chairman of BUA Cement, Abdul Samad Rabiu, has attributed the high cost of cement to the exploitation of consumers by middlemen within the supply chain. Rabiu noted that the activities of those intermediaries undermined his company’s policy to maintain a N3,500 per bag price in 2023. He made this disclosure at the 8th Annual
Read More The Chairman of BUA Cement, Abdul Samad Rabiu, has attributed the high cost of cement to the exploitation of consumers by middlemen within the supply chain. Rabiu noted that the activities of those intermediaries undermined his company’s policy to maintain a N3,500 per bag price in 2023. He made this disclosure at the 8th Annual
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The Chairman of BUA Cement, Abdul Samad Rabiu, has attributed the high cost of cement to the exploitation of consumers by middlemen within the supply chain. Rabiu noted that the activities of those intermediaries undermined his company’s policy to maintain a N3,500 per bag price in 2023. He made this disclosure at the 8th Annual
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Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to $912.35m in the same period of 2023. This is according to the weekly International Payments Data provided by the Central Bank of Nigeria on its website. A Letter of Credit is a mode
Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to $912.35m in the same period of 2023. This is according to the weekly International Payments Data provided by the Central Bank of Nigeria on its website. A Letter of Credit is a mode
Read More Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to $912.35m in the same period of 2023. This is according to the weekly International Payments Data provided by the Central Bank of Nigeria on its website. A Letter of Credit is a mode
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Nigeria’s Letter of Credit payments in the first seven months of 2024 have dropped by 57.04 per cent to $391.91m compared to $912.35m in the same period of 2023. This is according to the weekly International Payments Data provided by the Central Bank of Nigeria on its website. A Letter of Credit is a mode
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The Osun State Government has called on foreign business owners interested in doing business in the country to invest in the state’s tourism and mining sectors. Osun State Commissioner for Commerce and Industry, Mr Bunmi Jenyo, made the call at the National Black Business Conference held at Hilton Atlanta Hotel G.A, United States of America.
The Osun State Government has called on foreign business owners interested in doing business in the country to invest in the state’s tourism and mining sectors. Osun State Commissioner for Commerce and Industry, Mr Bunmi Jenyo, made the call at the National Black Business Conference held at Hilton Atlanta Hotel G.A, United States of America.
Read More The Osun State Government has called on foreign business owners interested in doing business in the country to invest in the state’s tourism and mining sectors. Osun State Commissioner for Commerce and Industry, Mr Bunmi Jenyo, made the call at the National Black Business Conference held at Hilton Atlanta Hotel G.A, United States of America.
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The Osun State Government has called on foreign business owners interested in doing business in the country to invest in the state’s tourism and mining sectors. Osun State Commissioner for Commerce and Industry, Mr Bunmi Jenyo, made the call at the National Black Business Conference held at Hilton Atlanta Hotel G.A, United States of America.
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Nigeria’s power generation company, Mainstream Energy Solutions Limited, which operates the Federal Government’s Kainji, Jebba, and Zungeru hydropower plants, has repaired the Nasarawa Sabon Pegi Bridge in Niger State. The bridge, which collapsed on Friday, truncated movement for commuters linking the Northern and Southern parts of the country. Spokesperson for the organisation, Olugbenga Adebola, said
Nigeria’s power generation company, Mainstream Energy Solutions Limited, which operates the Federal Government’s Kainji, Jebba, and Zungeru hydropower plants, has repaired the Nasarawa Sabon Pegi Bridge in Niger State. The bridge, which collapsed on Friday, truncated movement for commuters linking the Northern and Southern parts of the country. Spokesperson for the organisation, Olugbenga Adebola, said
Read More Nigeria’s power generation company, Mainstream Energy Solutions Limited, which operates the Federal Government’s Kainji, Jebba, and Zungeru hydropower plants, has repaired the Nasarawa Sabon Pegi Bridge in Niger State. The bridge, which collapsed on Friday, truncated movement for commuters linking the Northern and Southern parts of the country. Spokesperson for the organisation, Olugbenga Adebola, said
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Nigeria’s power generation company, Mainstream Energy Solutions Limited, which operates the Federal Government’s Kainji, Jebba, and Zungeru hydropower plants, has repaired the Nasarawa Sabon Pegi Bridge in Niger State. The bridge, which collapsed on Friday, truncated movement for commuters linking the Northern and Southern parts of the country. Spokesperson for the organisation, Olugbenga Adebola, said
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The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol, The PUNCH can report authoritatively. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to our correspondent that the product would hit the market soon.
The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol, The PUNCH can report authoritatively. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to our correspondent that the product would hit the market soon.
Read More The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol, The PUNCH can report authoritatively. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to our correspondent that the product would hit the market soon.
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The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol, The PUNCH can report authoritatively. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to our correspondent that the product would hit the market soon.
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Rating firm, Agusto & Co., has warned that the N6.6tn supplementary budget, new minimum wage of N70,000 and increased liquidity from monthly federal allocation were likely to derail the economic reforms of the President Bola Tinubu administration. This was disclosed in their monthly newsletter, which was published on Friday. The credit rating agency cautioned that
Rating firm, Agusto & Co., has warned that the N6.6tn supplementary budget, new minimum wage of N70,000 and increased liquidity from monthly federal allocation were likely to derail the economic reforms of the President Bola Tinubu administration. This was disclosed in their monthly newsletter, which was published on Friday. The credit rating agency cautioned that
Read More Rating firm, Agusto & Co., has warned that the N6.6tn supplementary budget, new minimum wage of N70,000 and increased liquidity from monthly federal allocation were likely to derail the economic reforms of the President Bola Tinubu administration. This was disclosed in their monthly newsletter, which was published on Friday. The credit rating agency cautioned that
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Rating firm, Agusto & Co., has warned that the N6.6tn supplementary budget, new minimum wage of N70,000 and increased liquidity from monthly federal allocation were likely to derail the economic reforms of the President Bola Tinubu administration. This was disclosed in their monthly newsletter, which was published on Friday. The credit rating agency cautioned that
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Fidelity Bank Plc and Mastercard have collaborated to launch a new initiative to enhance cross-border payments and remittances in Nigeria. According to a statement from the bank on Friday, the new product, Fidelity Send, rides on Mastercard’s extensive global network to facilitate near-real-time and cost-effective outbound transactions, driving financial inclusion in the country. Cross-border remittances
Fidelity Bank Plc and Mastercard have collaborated to launch a new initiative to enhance cross-border payments and remittances in Nigeria. According to a statement from the bank on Friday, the new product, Fidelity Send, rides on Mastercard’s extensive global network to facilitate near-real-time and cost-effective outbound transactions, driving financial inclusion in the country. Cross-border remittances
Read More Fidelity Bank Plc and Mastercard have collaborated to launch a new initiative to enhance cross-border payments and remittances in Nigeria. According to a statement from the bank on Friday, the new product, Fidelity Send, rides on Mastercard’s extensive global network to facilitate near-real-time and cost-effective outbound transactions, driving financial inclusion in the country. Cross-border remittances
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Fidelity Bank Plc and Mastercard have collaborated to launch a new initiative to enhance cross-border payments and remittances in Nigeria. According to a statement from the bank on Friday, the new product, Fidelity Send, rides on Mastercard’s extensive global network to facilitate near-real-time and cost-effective outbound transactions, driving financial inclusion in the country. Cross-border remittances
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A non-profit organisation, Aig-Imoukhuede Foundation, has signed a Memorandum of Understanding with Service Compact with All Nigerians to enhance public service delivery. In a statement recently, the Aig-Imoukhuede Foundation said the partnership was aimed at strengthening the capacity of SERVICOM to deliver on its mandate. SERVICOM is a Federal Government initiative established to promote effective
A non-profit organisation, Aig-Imoukhuede Foundation, has signed a Memorandum of Understanding with Service Compact with All Nigerians to enhance public service delivery. In a statement recently, the Aig-Imoukhuede Foundation said the partnership was aimed at strengthening the capacity of SERVICOM to deliver on its mandate. SERVICOM is a Federal Government initiative established to promote effective
Read More A non-profit organisation, Aig-Imoukhuede Foundation, has signed a Memorandum of Understanding with Service Compact with All Nigerians to enhance public service delivery. In a statement recently, the Aig-Imoukhuede Foundation said the partnership was aimed at strengthening the capacity of SERVICOM to deliver on its mandate. SERVICOM is a Federal Government initiative established to promote effective
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A non-profit organisation, Aig-Imoukhuede Foundation, has signed a Memorandum of Understanding with Service Compact with All Nigerians to enhance public service delivery. In a statement recently, the Aig-Imoukhuede Foundation said the partnership was aimed at strengthening the capacity of SERVICOM to deliver on its mandate. SERVICOM is a Federal Government initiative established to promote effective
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The Centre for the Promotion of Private Enterprises has said the Federal Competition and Consumer Protection Commission is shifting focus from its primary mandate of promoting competition and protecting consumer rights to engaging in price control. CPPE’s Director, Dr Muda Yusuf, said the FCCPC appeared to be transforming into a price control agency, rather than
The Centre for the Promotion of Private Enterprises has said the Federal Competition and Consumer Protection Commission is shifting focus from its primary mandate of promoting competition and protecting consumer rights to engaging in price control. CPPE’s Director, Dr Muda Yusuf, said the FCCPC appeared to be transforming into a price control agency, rather than
Read More The Centre for the Promotion of Private Enterprises has said the Federal Competition and Consumer Protection Commission is shifting focus from its primary mandate of promoting competition and protecting consumer rights to engaging in price control. CPPE’s Director, Dr Muda Yusuf, said the FCCPC appeared to be transforming into a price control agency, rather than
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The Centre for the Promotion of Private Enterprises has said the Federal Competition and Consumer Protection Commission is shifting focus from its primary mandate of promoting competition and protecting consumer rights to engaging in price control. CPPE’s Director, Dr Muda Yusuf, said the FCCPC appeared to be transforming into a price control agency, rather than
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Efforts by the Federal Government to ramp up power generation seem to be suffering a setback following the refusal of the electricity distribution companies to off-take the power allocated to them. The Minister of Power, Adebayo Adelabu, decried the rejection of power by electricity distribution companies, describing it as regrettable. He disclosed this in a
Efforts by the Federal Government to ramp up power generation seem to be suffering a setback following the refusal of the electricity distribution companies to off-take the power allocated to them. The Minister of Power, Adebayo Adelabu, decried the rejection of power by electricity distribution companies, describing it as regrettable. He disclosed this in a
Read More Efforts by the Federal Government to ramp up power generation seem to be suffering a setback following the refusal of the electricity distribution companies to off-take the power allocated to them. The Minister of Power, Adebayo Adelabu, decried the rejection of power by electricity distribution companies, describing it as regrettable. He disclosed this in a
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Efforts by the Federal Government to ramp up power generation seem to be suffering a setback following the refusal of the electricity distribution companies to off-take the power allocated to them. The Minister of Power, Adebayo Adelabu, decried the rejection of power by electricity distribution companies, describing it as regrettable. He disclosed this in a
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The Women In Politics Forum with support from UN Women, has successfully trained 67 young women in politics through its Young Women Political Academy in Kaduna State ahead of the 2027 elections in the country. The three-day Young Women Political Academy, held from 24th-26th July 2024 in Kaduna State, aimed to build a new generation
The Women In Politics Forum with support from UN Women, has successfully trained 67 young women in politics through its Young Women Political Academy in Kaduna State ahead of the 2027 elections in the country. The three-day Young Women Political Academy, held from 24th-26th July 2024 in Kaduna State, aimed to build a new generation
Read More The Women In Politics Forum with support from UN Women, has successfully trained 67 young women in politics through its Young Women Political Academy in Kaduna State ahead of the 2027 elections in the country. The three-day Young Women Political Academy, held from 24th-26th July 2024 in Kaduna State, aimed to build a new generation
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The Women In Politics Forum with support from UN Women, has successfully trained 67 young women in politics through its Young Women Political Academy in Kaduna State ahead of the 2027 elections in the country. The three-day Young Women Political Academy, held from 24th-26th July 2024 in Kaduna State, aimed to build a new generation
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The Chief Executive Officer, SBI Limited, Daniel Newman, has expressed concerns over Nigeria’s high cost of doing business. In a statement made available to PUNCH Online on Sunday after its four-day conference and unveiling of its stem cell simulator, Allemax, Newman lamented that the harsh operating terrain is affecting production costs and product distribution across
The Chief Executive Officer, SBI Limited, Daniel Newman, has expressed concerns over Nigeria’s high cost of doing business. In a statement made available to PUNCH Online on Sunday after its four-day conference and unveiling of its stem cell simulator, Allemax, Newman lamented that the harsh operating terrain is affecting production costs and product distribution across
Read More The Chief Executive Officer, SBI Limited, Daniel Newman, has expressed concerns over Nigeria’s high cost of doing business. In a statement made available to PUNCH Online on Sunday after its four-day conference and unveiling of its stem cell simulator, Allemax, Newman lamented that the harsh operating terrain is affecting production costs and product distribution across
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The Chief Executive Officer, SBI Limited, Daniel Newman, has expressed concerns over Nigeria’s high cost of doing business. In a statement made available to PUNCH Online on Sunday after its four-day conference and unveiling of its stem cell simulator, Allemax, Newman lamented that the harsh operating terrain is affecting production costs and product distribution across
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Nigeria is set to deepen its bilateral relations with Indonesia as the Second Indonesia-Africa Forum kicks off in Bali from 1-3 September 2024. The Minister of Information and National Orientation, Mohammed Idris, is leading Nigeria’s delegation to the forum, representing President Bola Tinubu. The minister’s media aide, Rabiu Ibrahim, disclosed this in a statement released
Nigeria is set to deepen its bilateral relations with Indonesia as the Second Indonesia-Africa Forum kicks off in Bali from 1-3 September 2024. The Minister of Information and National Orientation, Mohammed Idris, is leading Nigeria’s delegation to the forum, representing President Bola Tinubu. The minister’s media aide, Rabiu Ibrahim, disclosed this in a statement released
Read More Nigeria is set to deepen its bilateral relations with Indonesia as the Second Indonesia-Africa Forum kicks off in Bali from 1-3 September 2024. The Minister of Information and National Orientation, Mohammed Idris, is leading Nigeria’s delegation to the forum, representing President Bola Tinubu. The minister’s media aide, Rabiu Ibrahim, disclosed this in a statement released
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Nigeria is set to deepen its bilateral relations with Indonesia as the Second Indonesia-Africa Forum kicks off in Bali from 1-3 September 2024. The Minister of Information and National Orientation, Mohammed Idris, is leading Nigeria’s delegation to the forum, representing President Bola Tinubu. The minister’s media aide, Rabiu Ibrahim, disclosed this in a statement released
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The Nigerian Shippers’ Council and the Federal Road Safety Corps have concluded plans to engage the Office of the National Security Adviser to address the security threats to the haulage industry and transport infrastructure. The agencies disclosed this on Wednesday in Apapa, Lagos, during a one-day sensitization programme, themed “Safe-to-load on Nigeri an roads,” organised
The Nigerian Shippers’ Council and the Federal Road Safety Corps have concluded plans to engage the Office of the National Security Adviser to address the security threats to the haulage industry and transport infrastructure. The agencies disclosed this on Wednesday in Apapa, Lagos, during a one-day sensitization programme, themed “Safe-to-load on Nigeri an roads,” organised
Read More The Nigerian Shippers’ Council and the Federal Road Safety Corps have concluded plans to engage the Office of the National Security Adviser to address the security threats to the haulage industry and transport infrastructure. The agencies disclosed this on Wednesday in Apapa, Lagos, during a one-day sensitization programme, themed “Safe-to-load on Nigeri an roads,” organised
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The Nigerian Shippers’ Council and the Federal Road Safety Corps have concluded plans to engage the Office of the National Security Adviser to address the security threats to the haulage industry and transport infrastructure. The agencies disclosed this on Wednesday in Apapa, Lagos, during a one-day sensitization programme, themed “Safe-to-load on Nigeri an roads,” organised
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The National Association of Nigeria Travel Agencies is set to meet with representatives of Emirates to deliberate on the airline’s decision to sell tickets in dollars to Nigerians. The former President of NANTA, Susan Akpdoriaye, expressed frustration over the situation, saying, “Emirates cannot come out in the open and say they want to sell in
The National Association of Nigeria Travel Agencies is set to meet with representatives of Emirates to deliberate on the airline’s decision to sell tickets in dollars to Nigerians. The former President of NANTA, Susan Akpdoriaye, expressed frustration over the situation, saying, “Emirates cannot come out in the open and say they want to sell in
Read More The National Association of Nigeria Travel Agencies is set to meet with representatives of Emirates to deliberate on the airline’s decision to sell tickets in dollars to Nigerians. The former President of NANTA, Susan Akpdoriaye, expressed frustration over the situation, saying, “Emirates cannot come out in the open and say they want to sell in
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The National Association of Nigeria Travel Agencies is set to meet with representatives of Emirates to deliberate on the airline’s decision to sell tickets in dollars to Nigerians. The former President of NANTA, Susan Akpdoriaye, expressed frustration over the situation, saying, “Emirates cannot come out in the open and say they want to sell in
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Representatives in the House Committee on Solid Minerals have hailed Dangote Group’s industrialisation drive in the country. Members of the House of Representatives, who visited Dangote Cement Plc in Obajana, Kogi State, recently, noted the economic impact the company had made in Nigeria’s cement sector. The Chairman of the House Committee on Solid
Representatives in the House Committee on Solid Minerals have hailed Dangote Group’s industrialisation drive in the country. Members of the House of Representatives, who visited Dangote Cement Plc in Obajana, Kogi State, recently, noted the economic impact the company had made in Nigeria’s cement sector. The Chairman of the House Committee on Solid
Read More Representatives in the House Committee on Solid Minerals have hailed Dangote Group’s industrialisation drive in the country. Members of the House of Representatives, who visited Dangote Cement Plc in Obajana, Kogi State, recently, noted the economic impact the company had made in Nigeria’s cement sector. The Chairman of the House Committee on Solid
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Representatives in the House Committee on Solid Minerals have hailed Dangote Group’s industrialisation drive in the country. Members of the House of Representatives, who visited Dangote Cement Plc in Obajana, Kogi State, recently, noted the economic impact the company had made in Nigeria’s cement sector. The Chairman of the House Committee on Solid
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The Rural Electrification Agency irrigated over 24,000 hectares of farmland in 2023, according to the just released 2023 REA Capital Project Report. Last year, the Federal Government announced plans to cultivate 500,000 hectares of irrigable land for dry-season farming, aiming to bolster food security in Nigeria. This initiative was reiterated by the Minister of Water
The Rural Electrification Agency irrigated over 24,000 hectares of farmland in 2023, according to the just released 2023 REA Capital Project Report. Last year, the Federal Government announced plans to cultivate 500,000 hectares of irrigable land for dry-season farming, aiming to bolster food security in Nigeria. This initiative was reiterated by the Minister of Water
Read More The Rural Electrification Agency irrigated over 24,000 hectares of farmland in 2023, according to the just released 2023 REA Capital Project Report. Last year, the Federal Government announced plans to cultivate 500,000 hectares of irrigable land for dry-season farming, aiming to bolster food security in Nigeria. This initiative was reiterated by the Minister of Water
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The Rural Electrification Agency irrigated over 24,000 hectares of farmland in 2023, according to the just released 2023 REA Capital Project Report. Last year, the Federal Government announced plans to cultivate 500,000 hectares of irrigable land for dry-season farming, aiming to bolster food security in Nigeria. This initiative was reiterated by the Minister of Water
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Another crisis appears to be brewing at the National Hajj Commission over more than N2.8 billion belonging to travel agents but seized by the commission. This was made known through a letter sent to the new commission chairman, Abdullahi Usman, by travel agents under the umbrella of the Association for Hajj and Umrah Operators of
Another crisis appears to be brewing at the National Hajj Commission over more than N2.8 billion belonging to travel agents but seized by the commission. This was made known through a letter sent to the new commission chairman, Abdullahi Usman, by travel agents under the umbrella of the Association for Hajj and Umrah Operators of
Read More Another crisis appears to be brewing at the National Hajj Commission over more than N2.8 billion belonging to travel agents but seized by the commission. This was made known through a letter sent to the new commission chairman, Abdullahi Usman, by travel agents under the umbrella of the Association for Hajj and Umrah Operators of
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Another crisis appears to be brewing at the National Hajj Commission over more than N2.8 billion belonging to travel agents but seized by the commission. This was made known through a letter sent to the new commission chairman, Abdullahi Usman, by travel agents under the umbrella of the Association for Hajj and Umrah Operators of
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Chief Executive Officer of Constancy Nigeria Limited and the South-West representative on the Nigeria Extractive Industries Transparency Initiative Board of Directors, Mr Taiwo Olasupo, speaks about ways to improve the extractive sector and tax collection in the country, in this interview with FELIX OLOYEDE How is your financial background going to impact your role on
Chief Executive Officer of Constancy Nigeria Limited and the South-West representative on the Nigeria Extractive Industries Transparency Initiative Board of Directors, Mr Taiwo Olasupo, speaks about ways to improve the extractive sector and tax collection in the country, in this interview with FELIX OLOYEDE How is your financial background going to impact your role on
Read More Chief Executive Officer of Constancy Nigeria Limited and the South-West representative on the Nigeria Extractive Industries Transparency Initiative Board of Directors, Mr Taiwo Olasupo, speaks about ways to improve the extractive sector and tax collection in the country, in this interview with FELIX OLOYEDE How is your financial background going to impact your role on
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Chief Executive Officer of Constancy Nigeria Limited and the South-West representative on the Nigeria Extractive Industries Transparency Initiative Board of Directors, Mr Taiwo Olasupo, speaks about ways to improve the extractive sector and tax collection in the country, in this interview with FELIX OLOYEDE How is your financial background going to impact your role on
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Ethiopia's national currency dropped 30 percent against the dollar after its central Bank floated its birr currency on Monday. Ethiopia's national currency dropped 30 percent against the dollar after its central Bank floated its birr currency on Monday. Ethiopia's...
The World Bank's board has granted approval for $1.5 billion in financing for Ethiopia's budget support, marking the first time the lender has offered this type of lending to the country. The World Bank's board has granted approval for $1.5 billion in financing for...
China-Africa relations are set to grow beyond infrastructure to include green development and partnerships in new energy. These new cooperation areas are planned for September's Focac summit in Beijing while Zimbabwe embraces cannabis as tobacco demand...
The announcement comes as the country puts its long-delayed debt overhaul back on track after securing a new International Monetary Fund financing programme. The announcement comes as the country puts its long-delayed debt overhaul back on track after securing a new...