Gas Flaring: FG upgrades steering committee to inter-ministerial to drive success
Federal Government has restructured the hitherto ministerial steering committee (SteerCo) of the Nigerian Gas Flare Commercialization Programme (NGFCP) from ministerial to inter-ministerial. This was in response to inclusion of relevant strategic ministries to fast-track the scheme. The Federal Government had…
Access Bank drives seamless access to CBN’s Creative Loan Scheme
Leading banking giant, Access Bank Plc., has given convincing narrative on the chances of success in the Central Bank of Nigeria (CBN) planned multimillion naira intervention fund for operators in the creative industry to grow their business. The Creative Sector…
Baru rolls out tenure financing deals, silent on revamping refineries
Fresh detail on why the Nigerian four refineries had remained in coma since the beginning of President Muhammadu Buhari administration since 2015 has emerged from the outgoing Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru….
Upon $1bn investment claims, NBC has no PET recycling plant in Nigeria
…But has in eight African countries Recently, the local arm of the United States soft drink giant, Nigerian Bottling Company Limited, the bottlers of Coca-Cola brands in Nigeria, announced the renewal of its commitment towards a more sustainable society through…
Nigeria can leverage on stronger ties with Russia to drive FDI—Heritage Bank
Managing Director/Chief Executive Officer of Heritage Bank Limited, Mr. Ifie Sekibo, has drawn the attention of the Federal Government on the advantages inherent in deepening partnership with the Russian Federation. Speaking at the just concluded meetings of the African Export-Import…
Technology panacea to risks, opportunities in banking—Fidelity Bank
As the jumping adoption of technology in all aspect of banking is raging worldwide, the Managing Director, Fidelity Bank, Mr. Nnamdi Okonkwo, has made it clear that technology innovations remains the best bet in addressing risks and opportunities in the…
UBA Wise Savers Promo awaits 20 more millionaires as N60m hang for grabs
All is set for another set of 20 loyal customers to join the rising number of millionaires to win a whooping N1,500,000 each, in the 3rd edition of its quarterly draw for the ongoing UBA Wise Savers Promo. The raffle…
StandChart plans unveiling social banking solution in Nigeria Sept.
Leading international bank, Standard Chartered weekend announced yet another multi-market launch of its digital bank in Botswana, Zambia and Zimbabwe as part of its digital transformation strategy in Africa. The next wave of digital-only banks follows launches in Uganda, Tanzania,…
With structures in place, we expect 45m Nigerians in tax net by July—FIRS
The Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has revealed that all things being equal, Nigerians that regularly fulfill their tax obligations to the Federal Government will hit about 45 million before the end of July. In…
AfCFTA: Poor number of local exhibitors in Lagos fair fuels dumping fear
What can be seen as a test case of how Nigeria will perform in the African Continental Free Trade Agreement (AfCFTA) is now playing out at the ongoing Food and Beverage West Africa, the largest trade exhibition in West Africa,…
