Category: Business

Tinubu sacks Kyari, names Ojulari new CEO

….constitutes new Board for NNPCL   President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC)...

Ponzi operators risk 10-year jail term, N20m fine – SEC

  Promoters and operators of entities engaged in a prohibited scheme is liable to a penalty of not less than N20 million or imprisonment to a term of 10 years or...

CBN reports strongest net reserve position in over three years

  Dr Yemi Cardoso,CBN Governor The Central Bank of Nigeria has reported a substantial improvement in its Net Foreign Exchange Reserve position as of the end of...

N1bn loan for MSMEs in Delta ready soon – Gov. Aide

  The Delta Government has assured that the one billion Naira soft loan it approved for Micro, Small and Medium Enterprises (MSMEs) in the state would be ready...

Polaris Bank Champions Accelerating Action at International Women’s Day Seminar

Cross Section of Secondary School Students who attended Polaris Bank’s IWD Seminar held in Lagos   Polaris Bank has reaffirmed its commitment to gender equality...

Rural Electrification:Nigeria secures $794m World Bank,JI

  The Federal Government has reaffirmed its commitment to rural development through improved electricity access, aligning with President Bola Ahmed Tinubu’s...

Unuigbe,NGX Chair joins board of Canadian TSX listed entity, Africa Oil Corp

Unuigbe Africa Oil Corp. (TSX: AOI, Nasdaq Stockholm: AOI) has appointed Ahonsi Unuigbe to its Board of Directors, reinforcing its commitment to governance and strategic...

Sell pressure pushes stock market down by 0.05%

  Stocks The stock market on Thurday continued on a downturn trend as performance indices declined by 0.05 per cent due to persistent sell pressure.  ...

Tinubu appoints Akin-Olugbade as Board Chairman,Nigerian Independent System Operator(NISO)

    President Bola Ahmed Tinubu has appointed executive and non-executive board members for the newly established Nigerian Independent System Operator (NISO)....

No explosion at Port Harcourt refinery, NNPC clarifies

Explosion The Nigerian National Petroleum Company Limited (NNPC Ltd.) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers. The...