Category: Business
Nigeria’s petrol consumption down by 92% after fuel subsidy removal ~Regulatory data
..consumption drops to 4.5m from 60m litres per day Nigeria’s daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, has reduced by a staggering...
Alleged procurement fraud: Emefiele’s coy got preferential treatment- witness tells court
Caption:Emefiele during one of the court appearances A prosecution witness, Mr Stephen Gana, on Monday told an Abuja High Court that two companies belonging to...
FG may reintroduce 5% excise duty on telecom, gaming, and betting services
The federal government may reintroduce the suspended 5% excise duty on telecommunications services, gaming, betting, and lottery activities. This move is...
Polaris Bank Empowers Media Practitioners with 2024 Capacity Building Workshop
As part of its ongoing commitment to continually empower the Nigerian media and enable it play the critical watchdog role in the society, Polaris Bank is...
NNPC Retail Sensitizes Over 1,000 Auto Mechanics on CNG Adoption
…speaks on Oleum lubricant initiatives Caption: Senior staff and Others during the Demonstration of one of the converted buses As part of its efforts to accelerate...
FX rate is driven by economic fundamentals not CBN -Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has clarified that the apex bank does not determine the foreign exchange rate,...
Polaris Bank Partners NCF to Extend Tree Planting Initiative to Abuja, Anambra
Polaris Bank, in a robust display of its commitment to environmental sustainability, has expanded its nationwide tree-planting initiative in collaboration...
UBA Foundation Announces 2024 National Essay Competition
……. Unveils 100% Grant Prize Increase Caption:Bola Atta,MD/CEO UBA Foundation The Corporate Social Responsibility (CSR) arm of the United Bank...
How Nigeria’s oil exploration slowed down in Sept
…. output dips to 1.324 mbpd due to divestment Caption:Oil industry rig Photo Nigeria’s crude oil exploration activities declined in September 2024, according to...
NASENI Kicks-off Virtual ASPEN Plus Training Across Development Institutes
The National Agency for Science and Engineering Infrastructure (NASENI) has launched a week-long intensive training on ASPEN Plus, a process simulation...
