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No Expiry Date for Old Naira Notes

The Central Bank of Nigeria (CBN) has said that all Naira notes, including the old and new designs of the N1000, N500, and N200...

Electricity Tariff: Engineer Asks NERC to Treat the Aba Power Case Expeditiously

Following a public hearing yesterday in Abuja on APL Electric Company Ltd, Nigeria’s 12th electricity distribution company (DisCo) 's request for an electricity tariff...
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Naira devalued, now N390/$1 as black market (wired) hits N503/$1

It is confirmed that the exchange rate between the naira and dollar has depreciated to N390/$1 at the FMDQOTC NAFEX market, an official market...

Emefiele Provides Insight Into 2021 Economy At The 55th Annual Bankers Dinner As Anxiety Grows Over 2nd Recession

By Ben Igbokwe Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), is set to provide the much expected insight into the 2021...

Nnamdi Okonkwo Emerges Banker of the Year

Fidelity Bank CEO, Mr. Nnamdi Okonkwo has been adjudged Banker of the Year at the Business Hallmark People of the Year Awards 2020.  The award,...

5,000bpd Waltersmith Modular Refinery Comes on Stream

By John Meze President  Muhammudu Buhari, has commissioned, the 5,000 barrels per day Modular Refinery, built by Waltersmith Refining and Petrochemical Company Limited at Ibigwe,...

NNPC Secures $3.15bn Financing Fund for NPDC

The Nigerian National Petroleum Corporation ( NNPC) has secured about S3.15 billion as alternative funding facility for its subsidiary, the National Petroleum Development Company...

We Are Ready To Do A Lot More To Grow Nigeria’s Economy – Osinbajo

A major feature of Nigeria’s economic response to the COVID-19 pandemic as indicated in the Economic Sustainability Plan currently being implemented, has been the...

Eni Ranked Tops on Corporate Human Rights Benchmark

Eni, the parent company of Nigerian Agip Oil Company (NAOC), has been ranked first, ex aequo with another company, among the 199 companies assessed...

Lagos Tankfarm Owners Kick Against Shut Down Threat

By John Meze The association of Ijegun-Egba Tankfarm and operators have kicked against the recent threat of shut down of their facility by the Lagos...

Ozigbo, Wike Bag People Of The Year Awards At Prestigious Business Hallmark Annual Honours

Valentine Ozigbo, the immediate past President and Group CEO of Transcorp Plc was on Sunday, November 22, 2020 named as a recipient of the...

Nigeria Records Lowest Oil Production in 4 Years

-      As Telecoms, Agric maintain lead in GDP Nigeria’s average daily oil production for the third quarter of 2020 (Q3 ’20) was 1.6 million barrels per...

Anambra Denies Receiving N25bn from FG

The Anambra state government has denied having received the sum of N25 billion from the Debt Management Office, Federal Ministry of Finance as well...

Have budget for poor vulnerable people, cut recurrent expenditure, Agbakoba charges FG

In view of the economic challenges being experienced in the country, cerebral Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba has decried continuous neglect...