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Nigeria’s $1.5bn Annual Spend On Diary Products Import Regrettable ― Minister

Alhaji Sabo Nanono,the Minister of Agriculture and Rural Development, Alhaji Sabo Nanono has regretted that Nigeria spends about $1.5 billion importing dairy products annually. He expressed that despite the potentials in the

4 years ago

by Mohammed Shosanya

FG Targets 800,000 Jobs From Digital Switch Over Project

The Federal Government says it aims to create no fewer than 800,000 jobs from its Digital Switch Over project it billed to roll out later this week. Alhaji Lai Mohammed, the Minister

4 years ago

Labour/Human Resources

Our Renewed Agenda For Power Sector-Transcorp Power

Transcorp Power Limited,a subsidiary of Transnational Corporation of Nigeria has restated its resolve to deepening its presence in the nation’s power sector. Tony Elumelu,the chairman of Transnational Corporation of Nigeria, who disclosed

4 years ago

Power

How Wema Bank Survived COVID-19 Disruptions-Mabawonku

The Chief Finance Officer of Wema Bank Plc, Tunde Mabawonku, said his bank weathered the disruptions of the 2020 financial year through a sharp focus on safe lending, keeping non-performing loans low

4 years ago

Banking&Finance

NEITI Intensifies Moves To Recover Unremitted N69bn

Dr. Orji Ogbonnaya Orji, the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, NEITI, has urged the Accountant General of the Federation, Mr. Idris Ahmed to resuscitate the Inter-Ministerial Task Team

4 years ago

Oil&Gas

COVID-19 Resurgence Threatens Oil Demand Recovery – OPEC

The Organisation of Petroleum Exporting Countries has said that resurgence of the COVID-19 pandemic in many countries is posing a threat to economic and oil demand recovery, the Organisation of Petroleum Exporting

4 years ago

Oil&Gas

Seplat Wins Double At Nigerian Investor Value Award

Seplat Petroleum Development Company Plc has won the Most Profitable Company (Oil & Gas: Exploration and Production), with Dr. Bryant ABC Orjiako, Chairman SEPLAT emerging as the Board Chairman of the Year

4 years ago

Next Level

Polaris Bank Grows Customer Deposits By N56bn

Polaris Bank Limited says its customer deposits increased by N56billion inspite of the economic turmoil in 2020 occasioned by the COVID-19 pandemic. It increased its gross loan book by N38biilion reflecting the

4 years ago

Banking&Finance

Diaspora Remittances:CBN Approves 10 More IMTOs

The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances. The total number of IMTOs operating

4 years ago

Banking&Finance

Nigerians React Over Imminent Electricity Tariff Hike

Nigerians would soon start paying more electricity tariff,according to the Nigerian Electricity Regulatory Commission(NERC) But Nigerians have expressed disgust over the planned hike,saying the development shows government’s insensitivity to the plight of

4 years ago

Power

Group Seeks Reversal Of Total’s Force Majeure On $20bn LNG Project In Mozambique

The African Energy Chamber,has emphasized the need for Total Corporation to reverse declaration of force majeure on Mozambique $20bn liquefied natural gas project. The multinational oil company considered the legal on Monday

4 years ago

Oil&Gas

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