July 03, 2023
Nigeria: Zenith Retains Top Spot as Country's Number One Bank -Fourteenth Year in a Row
Zenith Bank Plc has retained its ranking as the number one bank in Nigeria by tier-1 capital in the 2023 Top 1000 World Banks' Rankings, published by The Banker Magazine. Read more »
June 26, 2023
Nigeria: CBN, Bill Gates Partner to Boost Financial Inclusion Drive
The acting Governor of the Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi, has said the apex bank would continue to collaborate with the Bill and Melinda Gates Foundation… Read more »
Nigeria: Zenith Bank's CFO, Mukhtar Adam, Emerges Chief Financial Officer of the Year At the 11th Aabla
The Chief Financial Officer (CFO) of Zenith Bank Plc, Dr. Mukhtar Adam, has been named 'Chief Financial Officer of the Year' at the 11th All Africa Business Leaders Awards (AABLA)… Read more »
Nigeria: AfDB, EIB, IDB, Who Launch New Investment Platform to Strengthen Primary Healthcare
In a landmark development aimed at investing in and strengthening essential, climate and crisis-resilient primary health care services in low- and low-and-middle income countries,… Read more »
June 16, 2023
Nigeria: Oil Marketers Demand Full Payment for Outstanding Petrol Equalisation Arrears
Petrol marketers, under the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), have demanded full payment of arrears owed by the federal government under the now… Read more »
Nigeria: The Tragedy On Kwara Waterways
The authorities should enforce safety and operational standards Read more »
June 09, 2023
Nigeria: ExxonMobil President Visits Tinubu Amid Lingering Stalemate Over $1.3bn Oil Assets Sale
President Bola Tinubu yesterday pledged to ensure competition in the oil and gas industry in the country, following a visit by officials of ExxonMobil Nigeria, to the State House… Read more »
June 05, 2023
Nigeria: NNPC Ends Crude Swap Contracts With Foreign Refiners
Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, says the company has terminated its crude-for-petrol swap deal, otherwise… Read more »
June 01, 2023
Nigeria: Tinubu Has Directed Palliatives to Be Put in Place to Cushion Effects of Fuel Subsidy Removal, Says Kyari
Group Managing Director of Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari has revealed that President Bola Tinubu has directed that some palliatives be put in… Read more »
Nigeria: Google Expands Flood Alerts to 80 Countries
Google has announced the expansion of its Flood Hub platform to cover 80 countries worldwide, including the addition of eight new countries in Africa. Read more »
Nigeria: With End of Subsidy, NNPC Raises Petrol Price to Between N488 and N557 Per Litre
Nigerian National Petroleum Company (NNPC) Limited, yesterday, adjusted the pump price of petrol by nearly 200 per cent, from N195 per litre to between N488 and N557 nationwide. Read more »
May 31, 2023
Nigeria: NNPC Raises Petrol Price to Between N488-N557 After Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPC) has adjusted the pump price of petrol by nearly 200% to between N488 and N557 nationwide. Read more »
Nigeria: Emefiele - Single Digit Credit No Longer Feasible As CBN Facilities Reached N8tn in 5 Years
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said the single-digit funding enjoyed by businesses in the priority sectors of the economy over the last… Read more »
May 30, 2023
Nigeria: Tinubu - Subsidy Is Gone, Can No Longer Justify Ever Increasing Costs
President Bola Tinubu, yesterday, took the oath of office in Abuja as Nigeria's 16th president, and immediately swung into action, announcing, in his inaugural speech, an end to… Read more »
Nigeria: Dangote Refinery Will Bring Relief, Address Domestic Demands On Petroleum Products
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday said it welcomed with high expectations the completion and commissioning of the multibillion dollars… Read more »
Nigeria: Shell Earmarks $56.13m for Host Community Devt in Bayelsa
The Shell Petroleum Development Company (SPDC), operator of the SPDC joint venture, has unveiled eight Host Community Development Trusts (HCDTs) in Bayelsa State, a critical step… Read more »
Nigeria: Nigeria's Oil Rigs Count Slumps 13.3%, Aligning With Lower Crude Oil Production in April
Nigeria's oil rigs count declined 13.3 per cent in April, in tandem with the country's crude oil underproduction during the month, according to a THISDAY review of the latest data… Read more »
May 29, 2023
Nigeria: We've Laid Groundwork for Sustainable, Inclusive Economic Growth - Ahmed
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, declared at the weekend that the outgoing administration tackled numerous challenges, implemented… Read more »
May 26, 2023
Nigeria: Despite Several Moves to Defend His Action, Criticisms Trail Aviation Minister's Last Minute Appointments
Players in the aviation industry have excoriated the last minute appointments of the Minister of Aviation, Senator Hadi Sirika, for removing top aviation agency functionaries and… Read more »
Nigeria: Neiti - Oil, Gas , Mining Reports On 168 Extractive Firms, Agencies Ready in June
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday announced its readiness to release the three reports on the oil, gas, mining and sectors by June. Read more »
Nigeria: Again, Malami Distances Self From Illegal Sale of 48 Million Barrels of Crude, Insists Allegations False
The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami, has once more disassociated himself from the allegation of illegal sale of 48 million barrels… Read more »
May 25, 2023
Nigeria: Adeyemi - Only Sound Pro-Business Policies Can Revitalise Nigeria's Ailing Economy
The Executive Chairperson of Still Earth Holdings, Oyindamola Adeyemi, has urged the incoming administration to as a matter of urgency, formulate and implement sound pro-business… Read more »
May 24, 2023
Nigeria: Border Closure Aimed At Stimulating Local Consumption - President Buhari
President Muhammadu Buhari, yesterday insisted that his 2019 closure of the country's land borders was due to his administration's conscious efforts to encourage Nigerians to eat… Read more »
Nigeria: Apapa and Ajeromi Residents in Disarray Over Collapse of Ijora Bridge
Residents of Apapa and Ajeromi were left reeling when a vital Ijoba bridge connecting their town to the outside world collapsed, plunging the residents into a nightmarish commuting… Read more »
Nigeria: 'Investment in Fintech Will Deepen Financial Inclusion, Eradicate Poverty'
The Managing Director/Chief Executive, Tangerine General Insurance, Mr. Mayowa Adeduro, has said the adoption of Financial Technology fintech remained a critical tool for financial… Read more »