June 23
Nigeria: Another Win for Nnpcl With €500m Investments in Ubeta Field Project
To say that the Nigerian energy sector has seen significant progress since the implementation of the Petroleum Industry Act (PIA) in 2021 would be stating the obvious. Read more »
June 24
Nigeria: No Plans to Abolish Patrol Points in Four South-East States, Says FRSC
The Federal Road Safety Commission (FRSC) at the weekend said at no time it intended to abolish patrol points in four South-eastern states of Ebonyi, Enugu, Imo and Abia. Read more »
Nigeria: Dangote Refinery - IOCs Plotting Our Failure By Declining to Sell Local Crude Despite Paying Premium
The management of the 650,000 barrels per day (bpd) Dangote Refinery at the weekend accused International Oil Companies (IOCs) operating in Nigeria of planning to ensure the… Read more »
Nigeria: Liquidity Pressure - Banks Borrow N3.76tn From CBN in Three Weeks
Following monetary rates tightening by the Central Bank of Nigeria (CBN), which has led to illiquidity in the banking system, banks and merchant banks in Nigeria in just three… Read more »
Nigeria: We'll Sanction Civil Servants Receiving Salaries After Relocating Abroad - Tinubu
President Bola Tinubu has criticised civil servants who still receive salaries without formally resigning, despite relocating abroad were. Read more »
Nigeria: Govt to Commence Construction of Additional 2,000 Housing Units in 8 States
The Minister of Housing and Urban Development, Ahmed Dangiwa, yesterday announced that the federal government was set to officially flag-off construction work for additional 2,000… Read more »
June 21
Nigeria: In Geneva, Onyejeocha Echoes Tinubu's Commitment to Upholding Labour Standards
Emameh Gabriel writes about Nigeria's take-home from the just concluded 112th Session of the International Labour Conference in Geneva, Switzerland Read more »
Nigeria: Keyamo, NCAA Instrumental to Nigeria's 71% Score in ICAO Security Audit
The Minister of Aviation and Aerospace Development, Keyamo and the acting Director General of the Nigeria Civil Aviation Authority (NCAA), Captain Chris Najomo, made significant… Read more »
Nigeria: Airport Concession - More Promises, Less Action
Nigerians are inundated with several plans by the federal government to concession the country's airports and bring the private sector to invest in infrastructural development of… Read more »
June 20
Nigeria: 1,000 Mentees Attend Stability, Sustenance Small Business Summit in Warri
Over 1,000 participants at the just concluded Stability and Sustenance Business Summit in Warri have been enlightened on creating brand identity in order to attract more sales. Read more »
June 19
Nigeria: Restructuring, Economy and History
Femi falana Read more »
Nigeria: Manufacturers Rising Confidence Amidst Difficult Operating Environment
Report by the Manufacturers Association of Nigeria showed rising operators' confidence in Q1'24, even though emerging policies may imperil this positive showing, writes Dike… Read more »
Nigeria: Tomato Ebola - Need for Agric Insurance
Recent report by the National Bureau of Statistics (NBS) indicated that food inflation in the country rose to 40.66 per cent in May 2024; a fact that is very worrisome and raises… Read more »
Nigeria: Soludo, Assembly Move Against New Minimum Wage
David-Chyddy Eleke reports that as the struggle for a new minimum wage continues, workers in Anambra state may find it difficult to benefit as both Governor Charles Soludo and the… Read more »
Nigeria: Benue CJ - Group Wants Lawyers Punished Over Illegal Conduct
A group, Benue Arise Network, yesterday called on the Nigerian Bar Association(NBA) to institute disciplinary actions against a team of lawyers over their alleged misconduct… Read more »
Nigeria: Owa-Oyibu Youths Call On Delta to Reverse Ban On Motorcycle Operation in Ikaland
Sunday Okobi Read more »
Nigeria: Heirs Holdings Inaugurates Group Directors' Annual Summit
Heirs Holdings (HH) a leading pan-African investment company, recently convened over 100 board members from across all HH investee companies, at the HH Group Directors' Annual… Read more »
Nigeria: Awori - Ecobank Has Agenda to Drive Growth in Nigeria
At the just concluded 36th Annual General Meeting (AGM) of Ecobank Group held in Togo, its Chief Executive Officer, Mr. Jeremy Awori expressed the group's determination to… Read more »
Nigeria: Sexual Harassment in the Workplace
The current allegations should be speedily investigated Read more »
Nigeria: Q1 2024 - 10 Banks' Opex Up 103 Percent to N1.58tn Amid Inflation, Others
On the back of inflationary pressure, regulating levy, among others, operating expenses of 10 banks went up by a whooping 103 per cent to N1.58 trillion in the first quarter (Q1)… Read more »
Nigeria: Kuyebi - Our Passion Is to Provide Every Investor Value for Money
Ayoolanrewaju Kuyebi is a Civil Engineer/Geotechnics and the MD/CEO of GMH Luxury Investments Limited. Kuyebi, who has a formidable presence in the real estate sector, tells… Read more »
June 20
Nigeria: Setback for Nigeria's Plan to Raise Oil Output As Aiteo Shuts Nembe Field After Leak
Nigeria's aspiration to increase oil production significantly in the coming weeks suffered a setback yesterday after one of the country's biggest indigenous hydrocarbons producers,… Read more »
Nigeria: NNPC, TotalEnergies to Invest $550m On Gas Infrastructure to Boost Domestic, Export Supplies
The Nigerian National Petroleum Company Limited (NNPC) and its partner, TotalEnergies, have agreed to invest $550 million for the development of a gas processing facility in… Read more »
Nigeria: Rating Agency Attestations to Wema Bank's Profitability, Assets Quality
The recent rating by Agusto & Co has further attested to Wema Bank Plc's impressive 2023 financial year performance that showed increasing intrinsic value in profit generation… Read more »
June 19
Nigeria: Aiteo Temporarily Shuts Down Nembe Oil Field After Leak
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29, Wednesday confirmed it had detected an oil leak at its Nembe swamp… Read more »