Saudi’s Aramco closes in on Shell as most valuable Oil & Gas brand
*Shell remains world’s most valuable Oil & Gas brand, despite 3% brand value reduction *PETRONAS is again the strongest Oil & Gas brand, earning AAA rating *Qatargas is the fastest growing Oil & Gas brand, up 147% *Aramco has highest…
Sanwo-Olu beats GRV on Akere market fire, begins rebuilding, donates N100m
In what will go down in the history of burnt market reconstruction, the rebuilding of burnt Akere Auto Spare parts market in Ajegunle will be the fastest in response time by any government in Lagos State. This is coming on…
FG shifts 2023 Census from March 29 to May
Owing to the fallout of the shift in the guber election to March 18 from 11th, the Federal Government has shifted the 2023 population and housing census earlier scheduled for March 29, 2023. Minister of Information and Culture, Lai Mohammed,…
Profit-takers rattle Nigerian Equities as downward trend remains
The Nigerian equities market continued its downward trend as profit-taking activities in GEREGU (-6.5%) and ZENITHBANK (-4.6%) caused a 0.5% decline in the All-Share Index to 55,490.20 points. Accordingly, the Month-to-Date loss increased to -0.6%, while the Year-to-Date gain moderated…
Consumers NCC’s most important stakeholder Group—Adewolu
The Executive Commissioner, Stakeholder Management at the Nigerian Communications Commission (NCC), Mr. Adeleke Adewolu has averred that telecoms service consumers remain the key stakeholder group of the Commission. Speaking in his remarks at the 2023 World Consumer Rights Day (WCRD)…
Again, inflation jumps by 10bps in February to 21.91% y/y
Nigeria’s headline inflation rose by 10bps in February to 21.91% y/y (January: 21.82% y/y). However, on a month-on-month basis, headline inflation eased by 15bps to 1.71% (January: 1.87% m/m). Food inflation increased marginally by 3bps to 24.35% y/y (January: 24.32%…
Why Ghana ended fuel subsidy without strike, civil unrest
More facts have emerged on why the Ghanaian National Petroleum Authority (NPA) has successfully removed fuel subsidy in the country. The Chief Executive Officer of NPA, Abdul Hamid, announced the feat during a presentation at the ongoing Africa Refiners and…
Ministry’ll continue to push for release of trapped $743 at CBN, but…
The Minister of Aviation, Hadi Sirika has once again distanced himself from being the person in charge of making the trapped foreign airlines fund at the Central Bank of Nigeria (CBN) be paid to them. However, he assured to use…
Pantami’s report contradicts INEC claims on presidential Election Day
Barely 24 hours after the Minister of Communications and Digital Economy, Prof. Isah Pantami opened up saying that “Generally, threats to public websites and portals in Nigeria averaged around 1,550,000 daily and that it however skyrocketed to 6,997,277 on Presidential…
Technology, BVAS and the 2023 Presidential Elections
By Sonny Aragba-Akpore Even though the Independent National Electoral Commission (INEC) has not admitted it openly,there are strong indications that the Bimodal Voter Accreditation System (BVAS) and the INEC Results Viewing Portal (Irev) may have failed the required stress tests….
