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CBN Injects 786Bn Into Skye Bank, Renames It Polaris Bank
To sustain the operations of the defunct Skye Bank Plc, the monetary authorities have injected the sum of N786 billion into the bridge bank, Polaris Bank. A statement by the Head, Strategic Brand Management and Communication of the bank, Nduneche Ezurike, issued shortly after the CBN Governor, Godwin Emefiele announced the revocation of the former […]
Google Opens $4Mn Black Founders Fund Applications For Startups
Google LLC has opened applications for the third cohort of Black Founders Fund for startups in Africa and Europe. The American multinational technology company stated that the $4 million had been earmarked to support black-funded eligible start-ups. According to the company, the eligibility criteria for applying for the fund are that the startups are operating […]
Nigeria’s Crude Oil Exports To Surge By 300,000 BP/D
…….as PENGASSAN suspends industrial action at ExxonMobil There are strong indications that Nigeria’s crude oil exports may increase by about 300,000 barrels per day as Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called off its industrial action at all Mobil Producing Nigeria Unlimited (MPNU) and Esso Exploration and Production Nigeria […]