Category: Business
MTN Nigeria’s issuance of N100b series 1 and 11 notes under the debut N100b commercial paper programme
…The Largest debut commercial paper issuance by a Nigerian corporate MTN Nigeria Communications PLC (“MTN Nigeria” or the “Company”) hereby notifies...
Court orders interim forfeiture of N827m recovered from businessman to FG
A Federal High Court sitting in Lagos State on Monday, ordered the interim forfeiture of N827million recovered from a businessman, Matthew Edevbie, to the Federal...
COVID-19: Nigeria gets $288.5m from Adesina led AfDB
Even in the midst of opposition to the candidature of her citizen,the Board of Directors of the African Development Bank on Friday approved a $288.5 million loan...
NNPC explains measures to cut crude oil production cost
The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down cost of crude oil production to $10 per barrel or below, the Corporation’s Chief...
CBN: Group petitions U.S. congress, demands Emefiele’s probe, sanction over alleged scam
A global pan-Nigeria group, Nigerian Young Professionals Forum, NYPF, has petitioned the US Congress over alleged multiple scams at the Central Bank of Nigeria,...
Nigerian stock market on the decline, falls by N155b
Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155 billion. Specifically, the market...
NNPC raises the alarm over off-spec diesel in market
The Nigerian National Petroleum Corporation (NNPC) has raised an alarm over prevalent low grade and contaminated AGO, otherwise called, diesel offered at discounted...
Bello warns against fertilizer price increase
Governor Abubakar Sani Bello has warned against the sale of fertlizer above government approved price. Governor Sani Bello gave the warning when he visited Savannah...
Minister urges govs to emulate AbdulRazaq over RoW charges
Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim (Pantami), has urged Nigerian governors to emulate their Kwara State counterpart, AbdulRahman...
Deep seaport investment only way to make Nigeria’s ports efficient NPA MD
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman, has said the focus of the agency going forward is to aggressively drive investment in...
