The Nigerian National Petroleum Corporation (NNPC) on Tuesday said that its planned acquisition of 20 per cent stake in the $12 billion Dangote Refinery would be funded through borrowing The corporation’s Group Managing Director, Mallam Mele Kyari, who gave this hint during an interview with Channels Television, said that already negotiations were ongoing with some […]
Nigeria’s Vice President, Prof. Yemi Osinbajo, has canvassed more support of private sector investments in the nation’s health sector as the Federal Government continues its drive towards the attainment of Sustainable Development Goals 3 and 9 adopted by the United Nations General Assembly in 2015. The SDG Goal 3 states that “Ensuring that people live […]
UNITLIFE, the United Nations trust fund dedicated to preventing chronic malnutrition, was officially launched on the sidelines of the Generation Equality Forum held on Monday in France. The global programme created by UN Women, UN Capital Development Fund (UNCDF), Government of France, and the Abu Dhabi Crown Prince Court leverages innovative finance and partnerships to […]
The World Bank on Tuesday raised its China’s economic growth forecast this year to 8.5% from 8.1%, hinging the attainment of the projection and country’s full recovery on progress in vaccinations against the coronavirus pandemic The Breton Woods institution in its report noted that factory and consumer activities in the country back above pre-outbreak levels, […]
Cellulant, a leading Pan-African payments company has unveiled its new brand identity and re-affirm its commitment to partner with global, regional and local businesses to accelerate payments’ digitization across Africa. The technology firm has over the last couple of years evolved to become more than just a business but an idea and belief that Africa […]
The Nigerian National Petroleum Corporation (NNPC) on Thursday hinted that it was collaborating with the Economic and Financial Crimes Commission (EFCC), security agencies and relevant downstream and upstream stakeholders in the petroleum industry to combat the increasingly worrisome problems of petroleum products’ smuggling and crude oil theft in the country. The corporation’s Group Managing Director, […]
The World Bank Group on Thursday projected that hiking excise duty on tobacco and alcohol as recommended in its latest National Development Update report can increase Nigeria’s non-oil revenue by N600 billion yearly. A Senior Tax Specialist of the Breton Woods institution, Mr. Rajul Awasthi, made the forecast during a virtual discussion on domestic revenue […]
President of Rice Farmers Association of Nigeria (RIFAN), Alhaji Aminu Goronyo, on Thursday said that with nine million metric tons of annual rice production, Nigeria is now self-sufficient in rice production with huge potential to export to the international markets. The RIFAN leader made this disclosure in Kaduna when the Central Bank of Nigeria (CBN) […]
House of Representatives Committee on Host Communities on Thursday warned an oil exploration company, First Exploration and Production Development Company, against obstructing the hearing of a petition by Bekikiri communities of Brass Local Government Area of Bayelsa State against the firm. The committee also asked the company not to deny oil host communities of their […]
L-R: Founder/Chief Operating Officer, TAJ Bank Limited, Mr. Hamid Joda; Managing Director, Mr Norfadelizan Abdulrahman; Chairman, Alhaji Tanko Isiaku Gwamna; and Company Secretary, Mr. Hamisu Sani; during the bank’s 2nd Annual General Meeting (AGM) held in Abuja yesterday