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OIL & GAS
NNPC Raises Investment In Non-Working Refineries To N2.92tn
The Nigerian National Petroleum Company Limited increased its investment in the country’s three non-operational refineries to N2.92tn in 2024, even…
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ASSETS & FINANCIALS
ICAN Inducts 2,000 New Chartered Accountants
The Institute of Chartered Accountants of Nigeria on Wednesday welcomed over 2,000 new members in a grand induction ceremony at…
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NEWS LENS
TTP Confirms N4.2bn Investment In electronic Call-Up System
The management of the Truck Transit Park Limited said the company invested between N3.8 to N4.2bn in setting up the…
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ASSETS & FINANCIALS
Top 10 Banks Grow Savings Deposits To N33trn
Tier-2 banks lead rise in deposit Two banks record decline Top ten banks in Nigeria have accumulated N33.24 trillion in savings deposits…
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NEWS LENS
CCG Urges Officers To Address Internal Weaknesses
The Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has charged senior officers of the service to address the…
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NEWS LENS
High Lending Rates Crippling Production, MAN Tells CBN
The Manufacturers Association of Nigeria has urged the Central Bank of Nigeria to further reduce interest rates to ease the…
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NEWS LENS
Customs Board Promotes Top Officers In Sweeping Reforms
The Nigeria Customs Service has undergone a major shake-up following the approval of new management appointments and special promotions by…
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NEWS LENS
Oyo Approves N3bn Plan To Revive Cocoa Industry
The Oyo State government is set to restore the glory of cocoa production as one of the state’s major economic…
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OIL & GAS
Dangote Partners Honeywell To Raise Refinery Capacity To 1.4m Bpd
Dangote Group has announced a strategic partnership with Honeywell International Inc. to support the next phase of expansion at the Dangote…
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ASSETS & FINANCIALS
CBN Retains Monetary Policy Rate At 27%
•16 banks cross new capital threshold •Recovers N2trn intervention funds The Central Bank of Nigeria (CBN) yesterday retained the Monetary Policy…
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NEWS LENS
New NEITI Boss Pushes Urgent Overhaul Of 2007 Transparency Act
Newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Hon. Musa Sarkin Adar, expressed commitment to drive a…
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OIL & GAS
GENCOS Reject FG’s Offer To Forfeit 50% Of N5trn Debt
– Govt sets up NBET Bond SPV – NBET novates liability to new company – It sends wrong signal to…
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ASSETS & FINANCIALS
CBN To Slam 5yr Ban On Bank Customers Over Dud Cheque
The Central Bank of Nigeria (CBN) is working on a policy that would impose a five-year ban on ‘serial dud cheque issuers’.…
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NEWS LENS
COMTUA Accuses NPA, TTP Of Running ‘Failed, Corrupt’ Call-Up System
The Council of Maritime Transport Unions and Association (COMTUA) has accused the Nigerian Ports Authority (NPA) and Truck Transit Park…
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COMMENTARY
Beyond Rhetoric: Why South-West Must Strengthen Amotekun As Insecurity Spreads Southward
BY YUSUF BABALOLA The attack on Eruku, a Yoruba community in Kwara State, is not just another violent incident in…
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NEWS LENS
NIMASA Unveils Emission Monitoring System
In a bid to reduce carbon emissions to the barest minimum in the nation’s maritime sector, the Nigerian Maritime Administration…
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ASSETS & FINANCIALS
Naira slips to 1,456.72/$
The naira recorded a negative trading performance during the week as the naira weakened by 0.99 per cent at the…
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OIL & GAS
Audit Uncovers Over N61bn Payment Breaches In NNPC
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum…
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WOMAN OF FORTUNE
Able Aisha
Her Excellency, Hajiya Aisha Bala- Mohammed is the First Lady of Bauchi State. Message: She is an embodiment of beauty…
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OIL & GAS
Global Oil Firms Eye Nigeria’s 2025 Licensing Round
NIGERIA’S forthcoming 2025 Licensing Round is already drawing early interest from global oil players, following renewed confidence in the Nigerian…
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