The NNPCL/Aiteo Joint venture has announced the introduction of Nembe crude oil grade, a new crude oil grade into the international crude oil market. The announcement of the introduction of the new crude oil grade produced by Aiteo, the operator of the NNPCL/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the […]
The National Agency for Science and Engineering Infrastructure (NASENI) and the Federal Ministry of Agriculture and Food Security have commenced discussions on how to deploy existing technical competencies and other resources by the two institutions to improve agro allied-industries’ development targets, climate change mitigation and smart solar irrigation aimed at dry-season farming in the country. […]
The Senate on Monday convened an emergency plenary session to adopt the vote and proceedings of the last plenary, held last Thursday as they related to the new fiscal and electoral officers requests by President Bola Tinubu for its consideration. Specifically, the emergency plenary was convened to gazette the confirmation of the ten resident electoral commissioners […]
President Bola Tinubu has called for improved African countries’ commitment to the development of their nation’s maritime sector through the provision of critical infrastructure and investing in the ports towards facilitating cross-border trade in the continent. The President, who gave this charge on Monday in Lagos while declaring open the 43rd Annual Council Meeting and […]
Researchers at Bancorp Securities Limited, one of Nigeria’s investment research and consulting services providers, have projected mild profit taking activities on the Nigerian Exchange this week as price correction, sentiment ceilings and a promulgation of risk averseness would possibly define the overall market sentiments. The experts, in the firm’s ‘Weekly Stock Recommendation for Nov 6 […]
The Federal Government will tomorrow unveil the Equipment Leasing Registration Authority (ELRA) as part of its current reform initiatives aimed at improving the performance of the nation’s economy. The authority’s Executive Chairman, Engr. Saidu Njidda, stated that the unveiling ceremony to be performed by Minister of Finance and Coordinating Minister of the Economy, Mr. Wale […]
The Central Bank of Nigeria (CBN) on Thursday assured the public of adequate Naira notes in circulation, debunking the rumour on scarcity of the local currency being peddled in the social and other media platforms. The apex bank’s Director, Corporate Communications, Dr. Isa AbdulMumin, in a statement stated that the attention of the management had […]
The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that some oil companies and ministries, departments and agencies (MDAs) failed to remit over $8.3 billion into the Federation Account as required by extant financial regulations. The Executive Secretary of organization, Dr. Ogbonnaya Orji, made this disclosure in a detailed report on Nigeria’s extractive industry operations […]
The International Labour Organization’s Governing Body has adopted a proposal to establish a Global Coalition For Social Justice as part of its efforts to mitigate the rising social injustices, particularly in the workplace, across the world. A statement issued by the ILO on Thursday indicates that the Global Coalition aims to generate increased political commitments and […]
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and un-served communities across the country. Maida made this remark in his keynote address at the […]