NGX lauds Chams for market engagement, urges sustained transparency
Nigerian Exchange Limited (NGX) has commended the leadership of Chams Holding Plc (Chams HoldCo) for leveraging the Facts Behind the Figures (“FBF”) platform of the Exchange to engage the market on its performance and strategy, urging continued transparency. The Divisional…
Key issues for that Presidential UAE Aviation deal to be meaningful
In the last few days, the Nigerian news space was awash with accolades to President Bola Tinubu on his visit to UAE and the reported achievements as scripted by Ajuri Ngilale that flights by the two carriers are resuming immediately…
NCDMB partners Navy, MDTI for in-country capacity
Local content captain, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday graduated a batch of 20 young Nigerians at the Nigerian Navy Underwater Warfare School, Navy Town, Ojo, Lagos State. The programme held in partnership with the Nigerian…
NITDA, NIELIT bosses at G20, exchange ideas in digital economy
Pursuant to bolstering collaboration in the realm of digital economy in order to fulfil President Bola Ahmed Tinubu’s vision of creating one million digital jobs for Nigerians by 2025, the Honourable Minister of Communications, Innovation, and Digital Economy, Dr. Bosun…
MoneyMaster’s G-Kala offers huge interest on savings accounts to grow banking culture
As a way of encouraging banking culture, G-Kala savings account holders in the country, a MoneyMaster Payment Service Bank (MMPSB), an initiative of Globacom, has offered an annual 8 percent interest to savings accounts holders with the bank. MoneyMaster explained…
TotalEnergies unveils Decarbonizing Refining seeks Green Hydrogen
As part of the drive to decarbonize its European refineries, TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The use of green hydrogen should avoid the emission of around five…
NCDMB, PTI, partner to Actualise Capacity Development Mandates
Wabote named Fellow, Petroleum Training Institute The Nigerian Content Development and Monitoring Board (NCDMB) and Petroleum Training Institute (PTI), Effurun, Delta State, are set to formalise processes for closer collaboration to actualise their shared mandate for human capacity development and…
CBN denies fake news on crashing exchange rate to N1.25 by Dec.
Amidst viral circulation of a fake document, the Central Bank of Nigeria (CBN) on Wednesday, clarified that it was not planning to introduce a new Naira policy that would crash the FX dollar exchange rate to N1.25. This statement comes…
NUPRC displaces NGFCP, takes over gas flare recovery programme
The Federal Government, on Wednesday, announced that it issued letters of award to 42 firms for the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP). However, rather than coming from the main department in the Ministry of Petroelum Resources which is…
Fidelity Bank completes ownership of Union Bank UK
Innovative financial powerhouse, Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank UK on Wednesday. This was disclosed via a press release statement sent to Nigeria Exchange Limited (NGX) Fidelity Bank had…
