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African Development Bank-supported AfriCircular Innovators Programme has selected 30 small and medium enterprises to receive financing and technical assistance to scale up circular economy initiatives. This...
Oil prices rose more than 1% on Friday as U.S. Federal Reserve Bank Chair Jerome Powell signalled interest rate cuts would be among the central bank’s...
The National Oil Spillage Detection and Response Agency (NOSDRA) says plans are underway to enhance its operational effectiveness and internally generated revenue. A statement by Okechukwu...
The bears sustained the run from the previous week, as the equities market closed 1.16% lower week-on-week. Sell pressure in DANGCEM (-10.00% w/w), GTCO (-0.87% w/w)...
Oando Plc said at the floor of Nigeria Exchange said it has successfully completed the 100% acquisition of shareholding interest in Nigerian Agip Oil Company for...
Nigerian National Petroleum Company Limited (NNPCL) has informed the Federal Account Allocation Committee (FAAC) of an outstanding of N4.56 trillion for selling petrol at a subsidised...
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in...
Ecobank Nigeria said all arrangement have been concluded for its pop-up marketplace exhibition, known as “Oja Oge” as part of its initiatives to empower Small and...
The Nigerian National Petroleum Company Limited (NNPCL) has transferred all its retained assets to OVH Energy Marketing Limited, the operator of Oando Petroleum and a company...
Nigeria Data Protection Commission (NDPC) says the Federal Government has fined Fidelity Bank Plc. N555,800,000 for data breaches. National Commissioner of NDPC, Dr Vincent Olatunji, said...
Federal Government has announced a hike in the cost of obtaining Nigeria’s international passport. Spokesman of the Nigeria Immigration Service NIS, DCI Kenneth Udo who disclosed...
Nigerian Navy, NNS, Pathfinder, has said that it discovered an illegal crude oil refining site with the capacity to produce 2 million litres of AGO daily....
Today, the local bourse pulled back slightly after yesterday’s rally, bringing the benchmark Index down by 7bps to close at 95,831.51 points. Tier-1 banks, GTCO (-0.66%),...
Nigerian National Petroleum Company Ltd (NNPCL) incurred a total of N2.69 trillion as tax in 2023. This is according to the company’s financial statement for the financial...
By Francis Nnanyelu In the complex tapestry of Nigeria’s economic landscape, the banking sector stands as a beacon of stability and profitability. Despite economic headwinds, Nigerian...