NNPC to restart oil search in Chad Basin, still mute on Gongola Basin results
At a time industry stakeholders have expressed anger on the incommunicado posture of the Nigerian National Petroleum Corporation (NNPC) over the results of its $3bn spent on oil search on Gongola Basin, the Corporation has given signal of resuming endless…
3 Presidents set for TEF Entrepreneurship Forum 2019
Just as over 5,000 participants and 40 speakers are on their way to the Transcorp Hilton Hotel, Abuja, for the upcoming 5th Tony Elumelu Foundation (TEF) Entrepreneurship Forum 2019, confirmation of attendance has been received from three African Presidents. The…
Service crisis looms as NCAA begins demolition of 8,805 telecoms, banks masts
Following the expiration of given 30-day ultimatum to owners of telecoms and banks network reception masts by the Nigerian Civil Aviation Authority (NCAA), the aviation safety agency said it is beginning to demolish masts belonging to firms that are yet…
With 16mmt, Dangote’s Obajana cement plant now among biggest worldwide
…As puzzle of high cement price in Nigeria remains unsolved Rising from its recent Annual General Meeting in Lagos, the management of Dangote Cement Plc, has disclosed that the recent upgrade of the capacity of its Obajana Plant in Kogi…
AGF drills Varsities on IPPIS, says platform saved N273bn for FG in two years
The Accountant General of the Federation (AGF), Alhaji Ahmed Idris, has revealed that between 2017 and 2018, the Federal Government saved not less than N273bn from the growing adoption of the Integrated Personnel and Payroll Information System (IPPIS) Platform. In…
(Special Report) That Sanwo-Olu’s fine of N200,000 on one-way and FRSC code
Whereas Lagos State and any other state of the federation deserves the best compliance to traffic regulations, the new administration under the new Governor, Babajide Sanwo-Olu, should try as much as possible to align with provisions of existing traffic laws…
Return of Golden Guinea beer and issues in alcohol VAT sharing formula
When the returned Governor of Abia State, Chief Okezie Ikpeazu, said few years ago that his government will revive the moribund foremost brewery in the state, a lot took him for granted. Definitely, it has come to pass as the…
NSE, SEC, REDmoney flag off Islamic Finance in Nigeria at Exchange tomorrow
The Nigerian Stock Exchange (NSE), in partnership with REDmoney Group, is set to hold the inaugural edition of the Islamic Finance in Nigeria Forum themed, “Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth”, tomorrow in Lagos. REDmoney…
Fidelity, NIPOST to drive financial inclusion via agent banking nationwide
Leading retail banking giant, Fidelity Bank Plc, Thursday in Abuja, sealed agency banking partnership with NIPOST as part of drive to deepen financial inclusion across the country. Giving insights at the official launch of the Agency Banking Partnership with the…
Pay contractors to reduce NPL pressures on Nigerian banks, CBN tells FG
A Deputy Governor of the Central Bank of Nigeria (CBN), who doubles as member of the Monetary Policy Committee (MPC), Mr. Edward Lametek, has made it clear that “payment of contractor debts by the Federal Government would go a long…
