Category: Business
ICYMI: Lawyer writes Baru, condemns NNPC’s recruitment criteria
An Abuja-based lawyer, Mr. Pelumi Olajengbesi, has written a letter to the Group Managing Director of NNPC, Dr. Maikanti Baru, condemning what he described as...
CBN slashes interest rate to 13.5 percent
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has cut down the benchmark lending rate from 14 per cent to 13.5 per cent to further promote...
Increase in foreign investment shows confidence in Nigeria’s economy -BMO
The increase in foreign portfolio investments in Nigeria, despite the uncertainties of an election season, is a manifestation of investor’s confidence in the Nigerian...
Oil prices rise amid supply cuts
Oil prices climbed on Tuesday, pushed up by supply cuts led by producer club, OPEC, and U.S. sanctions against Iran and Venezuela, although concerns about a potential...
Stakeholders at Lagos International Trade Fair Complex in safe hands – Lucy Ajayi, DG LITFC
Executive Director of the Lagos International Trade Fair Complex (LITFC), Mrs. Lucy Ajayi has said that the stakeholders in the complex have nothing to...
P/Harcourt refinery bags Africa’s first ISO 9001:2015 certification
Port Harcourt Refining Company (PHRC) Limited, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has attained the International Organisation for...
GTBank dominates CBN E-Payments awards, wins 8 out of 12 banking honours
Mr Segun Agbaje, the Managing Director of Guaranty Trust Bank, says the bank will continue to provide customers with superior banking experience across all digital touch...
A’ Ibom: DPR seals 21 petrol stations, four illegal LPG refilling points
The Department of Petroleum Resources (DPR) in Akwa Ibom said on Monday that it had sealed 21 filling stations for operating without licenses and for nonrenewal of...
Nigeria annually loses N4.4trn from absence of laws, policies – CISLAC
The Civil Society Legislative Advocacy Centre (CISLAC) says Nigeria loses over four trillion Naira annually in the extractive industry due to lack of laws and policies....
Power sector records new daily energy peak of 110,724.93mwh
The power sector recorded a new daily grid energy peak of 110,724.93MWH on March, 20, Transmission Company of Nigeria(TCN) has said. Mrs Ndidi Mbah, TCN General Manager,...
