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NNPC Rakes In ₦2.217triilion From Sales Of White Products

The Nigerian National Petroleum Corporation (NNPC) has said it generated ₦2.217triilion from the sales of white products for the period December 2019 to December 2020 . Petrol contributed about 99.09% of the

March 26, 2021

by Mohammed Shosanya

14 Corps Members Test Positive For COVID-19

The Sokoto State Commissioner for Health, Dr Ali Inname, says 14 National Youth Service Corps (NYSC) members have been confirmed positive with COVID-19 in the state. He told newsmen that the infected

August 4, 2021

News

First Bank Must Pay N61.4m Judgment Sum To MCSN-Court

The Lagos division of Court of Appeal, has dismissed the appeal of First Bank Plc seeking to reverse the N61.436.548.90million judgment sum awarded against it by a lower court. The upper court

August 3, 2021

Law/Human Rights

Lawmakers Uncover Irregularities In N1.1trn FG’s Investments In Financial Institutions

The Senate has exposed irregularities in the N1.1trillion Federal Government investments in Crown Agents Bank and some other financial institutions Crown Agents Bank is a United Kingdom (UK) regulated provider of wholesale

August 3, 2021

News

No Plan To Tamper With Customers Foreign Currency-CBN

The Central Bank of Nigeria (CBN) says there was no plan to convert foreign exchange (FX) in the domiciliary accounts of customers to naira in the country. Its Acting Director in charge

August 3, 2021

Banking&Finance

COVID-19: Beware Of Delta Variant In Lagos, FCT, Oyo, Others-FG

The Federal Government has raised the alarm over the rising cases of the Delta variant of the COVID-19 in Lagos, Akwa Ibom, Oyo, Rivers, Kano, Plateau, and FCT. It said Lagos alone

August 3, 2021

News

Nigeria Exits Maritime Organization Over Electoral Fraud

Nigeria has exited Maritime Organization for West and Central Africa (MOWCA) following disregard for the rules of procedure regarding the suitability of candidates nominated for the position of the Secretary General

August 3, 2021

Maritime

AfCFTA:Zenith Bank Boss Sees Prospect For Investors

The Group Managing Director and Chief Executive Officer of Zenith Bank Plc, Ebenezer Onyeagwu,has expressed optimism that the African Continental Free Trade Area (AfCFTA) initiative will grant investors access to the entire continent.

August 2, 2021

Banking&Finance

How Nigerians Spent N1.77tn On National Calls, SMS-NCC

The Nigerian Communication Commission(NCC),says Nigerians spent about N1.77tn on national calls and short messages in 2020. NCC estimated total outgoing local and national traffic at 150,825,830,687.40 minutes. The average tariff charged by

August 2, 2021

IT&Telecoms

Shell Gets First Female Boss For Deep-Water Nigeria

Shell has announced the appointment of Elohor Aiboni as the Managing Director of its Nigeria deep-water business, Shell Nigeria Exploration and Production Company Limited (SNEPCo) with effect from 1st August 2021. Elohor,who

August 2, 2021

Oil&Gas

Nigerians Consume N2.113tr Of Fuel In One Year

The Nigerian National Petroleum Corporation (NNPC),says total revenues generated from the sales of white products in Nigeria between March 2020 and March 2021 stood at ₦2.129trillion. It also said petrol contributed about 99.24%

August 2, 2021

Oil&Gas

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