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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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Taraba State Governor’s Wife Commends Fidelity Bank On Free Medical Outreach

Wife of Taraba State Governor, Anna Darius Ishaku has commended Fidelity Bank Plc for providing a three-day free medical outreach to 829 Internally Displaced...

Afreximbank, ITFC Partner with ARSO to Facilitate Intra-African Trade in Pharmaceuticals and Medical Devices

The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation for Standardisation (ARSO), to launch...

NIMASA DG Appoints Essien SA Communications & Strategy

Dr. Bashir Jamoh, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), has appointed Mr. Ubong Essien as his Special Assistant on...

OPL 245: Eni Expresses Disappointment with Prosecutors

Eni, the parent company of Italian oil and gas, Nigeria Agip Oil Company (NAOC), operating in Nigeria has expressed misgivings over what it described...

NNPC Refutes AKK Contract Inflation

The Nigerian National Petroleum Corporation (NNPC) has dismissed, in its entirety, the allegation that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was inflated to the...

Edo refinery begins production

THE management of the multi-million naira Edo Modular Refinery and Petrochemicals Limited says the project is 99 percent completed and will commence operation end...

Fidelity Bank Posts Impressive Half Year Results

·      Profits up by 22% as Gross Earnings hit N105.8bn.  Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance...

Heritage Bank to stimulate economic growth with youth empowerment schemes

 As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen...

NNPC Obtains $1bn to fund Operation of NPDC

The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of about $1billion to support the upstream operations of its subsidiary, Nigerian Petroleum...

PwC Holds Capability Enhancement Workshop for Journalists

Leading professional services firm, PwC Nigeria Wednesday hosted its annual Capability Enhancement Workshop for journalists. The half-day workshop which held virtually in line with COVID-19...

Afreximbank provides $400m to the Export Trading Group to drive agricultural productivity and resilience

Three-year revolving global credit facility will strengthen African agricultural networks and bolster the continent’s food security Cairo, 26 August 2020: – The African Export-Import Bank (Afreximbank), Africa’s...

NNPC Rakes in S378.42m in June

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as against $133.16million...