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By Our Correspondent The Nigerian National Petroleum Company Limited has compulsorily retired all management staff with less than 15 months to statutory retirement. In an early Tuesday morning announcement, the company declared that the retirement of the affected workers was…
By Goodluck Ikiebe President Bola Tinubu has appointed Yemi Cardoso as Governor of the Central Bank of Nigeria (CBN), replacing Godwin Emefiele. The Presidential Spokesman, Chief Ajuri Ngelale, disclosed this in a statement issued on Friday. The statement said the…
Fidelity Bank on Wednesday announced the completion of its 100 percent acquisition of Union Bank UK, a subsidiary of Union Bank Plc. This development was disclosed in the corporate disclosure filed with the Nigerian Exchange Limited. The bank said that this…
By Goodluck Ikiebe The Major Investment Deals President Tinubu Attract To Nigeria At The G20 Summit. -Indorama Pledged $8BN worth of investments to expand their petrochemical facilities in Rivers State creating more jobs for Nigerias. – Jindal Steel pledged an…
Nigeria earned only N188.03 million from goods or cargo conveyed through rail transport in the second quarter of 2023. This is according to the National Bureau of Statistics’ latest Rail Transportation Data (Q2 2023). The figure represented a 105.04 percent…
International passengers departing Nigeria were on Wednesday and Thursday stranded in Lagos, Cairo, Doha, London and other destinations after baggage belt failures at the new terminal of the Murtala Muhammed International Airport, Lagos, forced airlines to delay and cancel flights.…
At least eight banks and 18 other listed companies have been fined N125m for failing to file their 2022 audited financial statements and quarterly reports for the first half of 2023 as required by Nigerian Exchange, recent findings confirm. The…
By Lawrence Duya/Goodluck Ikiebe With the inauguration of Ministers by President Ahmed Bola Tinubu, on Monday, the Honourable Ministers of Solid Minerals, Steel Development and State Minister for Steel Development, Dele Alake, Shuaibu Abubakar Audu and Maigari Ahmadu have made…
The Executive Secretary, National Working Committee, African Continental Free Trade Area, Nigeria, Segun Awolowo, has expressed the readiness of the country to join the second phase of the Guided Trade Initiative. The initiative by AfCFTA is a solution-oriented approach that…
By Kalu Kalu, Umuahia The government of Abia State, South East Nigeria, is set to sign a memorandum of understanding (MoU) with CSS Integrated Farms, an arrangement that would see the Nasarawa State-based farm train farmers from Abia State. Governor…
