Dangote Sugar factory to generate 1000 employment for Nasarawa host community – Official
The Dangote Group says it will commence civil works for the construction of its Sugar factory in Tunga, Awe Local Government Area of Nasarawa State. […]
BUSINESS
PIA targets attaining 40bb, 220TCF oil, gas reserves – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), said the Petroleum Industry Act (PIA) had introduced incentives to grow reserves. The commission also said that the […]
Fidelity Bank set to take over boards of Kano, Benin, Kaduna DISCOs
Fidelity Bank said it planned to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to collateralise their shares. The Director-General, […]
Air Peace extends flight operations to China, India
By OLA MUDOPE, Lagos – Nigeria’s leading airline, Air Peace, has revealed plans to extend flight operations to Guangzhou, China and Mumbai, India, with scheduled […]
Roadmap for new NNPC hinges on PIA – Okadigbo
Sen. Margery Okadigbo, Chairman, Board of Directors, Nigerian National Petroleum Company Limited (NNPC) says roadmap for new NNPC will be hinged on the Petroleum Industry […]
CBN advises banks, financial institutions on open banking
The Central Bank of Nigeria (CBN) has advised banks and other financial institutions to embrace opportunities represented in open banking to drive financial inclusion in […]
Nigeria loses 20% crude production to oil thieves daily – Oando boss
Mr Adewale Tinubu, the Group Chief Executive Officer, Oando Plc, says Nigeria is losing about 20 per cent of its crude oil production to oil […]
OPEC tasks FG on technologies, says global oil sector requires $11.8trn investments
The Organisation of the Petroleum Exporting Countries (OPEC) has tasked the Federal Government to develop new technologies, strengthen human capacity and innovation to meet the […]
DMO lists N250bn Sovereign Sukuk on NSE, FMDQ
The Debt Management Office (DMO) has listed N250 billion Sovereign Sukuk on the Nigerian Exchange (NSE) Limited and the FMDQ Securities Exchange. The News Agency […]
DMO lists 2 FGN savings bonds for subscription at N1,000 per unit
The Debt Management Office (DMO) on Monday announced the listing of two FGN savings bonds for subscription for the month of July. It stated that […]
Income Tax Returns: FIRS extends due date for companies
By MBAFAN ADE, Abuja – The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been […]
FIRS powers to recover taxes unremitted from states, LGAs are in order — Group
Accuses States of being ill-advised, beggarly and lazy By JOY ADARA, Abuja – The powers of the Federal Inland Revenue Service, (FIRS) to recover unremitted […]
MTN Nigeria appoints Onyinye Ikenna-Emeka as General Manager, Fixed Broadband Business
MTN Nigeria has appointed Onyinye Ikenna-Emeka as General Manager for its Fixed Broadband Business. Onyinye is a business leader with over 23 years of experience […]
FirstBank launches single-digit loan for women-owned businesses, reinforces its role in strengthening gender inclusion in Nigeria
In furtherance of its role in promoting female entrepreneurship across the country, Nigeria’s premier banking institution and leading financial inclusion services provider, First Bank of […]
Afreximbank admits Algeria as 52nd Member
The African Export-Import Bank (Afreximbank) has announced that Algeria has joined the bank as its 52nd Member State. This is contained in a statement by […]
Onitsha port will generate over N23 billion in 30 years – Saraki
The Minister of State for Transportation, Sen. Gbemisola Saraki, says the Onitsha river port is positioned to generate over N23billion to the Federal Government in […]
Sterling Bank emerges best financial institution as ACGSF rewards farmers
Sterling Bank was on Thursday named Best Participating Financial Institution for 2021 at the Agriculture Credit Guarantee Scheme Fund (ACGSF). The ACGSF, in an event […]
Troops discover 3.8m litres of crude oil in Niger Delta; 26 oil thieves arrested
By TOM CHIAHEMEN, Abuja – As the Armed Forces of Nigeria in collaboration with other security agencies intensify the fight against oil thieves and illegal […]
Nigeria displays commitment to honour debt obligations, redeems $300m diaspora bond
As a sign of commitment to promptly honour its debts obligations always, Nigeria has redeemed its 300 million dollars diaspora bond which matured on June […]
MTN Group launches ‘Voice’, next phase of its brand refresh
MTN Group has released the second instalment of its refresh brand, tagged the ‘Voice’ brand film, inspiring everyone that their voice mattered. The brand highlighted […]