The Nigerian National Petroleum Corporation (NNPC) has approved 26 foreign and Nigerian companies and 12 countries to lift the country’s crude oil within the next two years. The crude oil lifting term contracts which are expected to run from 2021 through 2023, would operate on a Government-to-Government (G2G) basis and allow selected companies and countries […]
The Executive Chairman of Edo State Internal Revenue Service (EIRS), Mr. Igbinidu Inneh, has warned traders’ associations in the state on illegal collection of revenues. The EIRS boss in a statement issued on Sunday by the Service’s Head, Corporate Communications Unit, Mr Eboigbe Courage, gave the warning during a meeting with members of Electronics and […]
The minority caucus of the House of Representatives on Monday has called on the Federal Government to immediately commence full investigation of an alleged misappropriation of over N165 billion of operating surplus and the diversion of billions of Naira by the suspended Managing Director of Nigeria Ports Authority (NPA), Hadiza Bala Usman, and her top […]
TECNO, one the world’s leading smartphone brand, has added a new phone to its CAMON series with the launch of the TECNO CAMON 17 Pro smartphone, featuring a documentary event with the title ‘Rise of The Selfie’ to fulfil the young generation’s needs functionally, socially and emotionally. A news report by African Press Organization (APO) […]
Heritage Bank, in collaboration with Dukia Gold and Precious Metals Refining Co. Limited, has unveiled plans to unlock the over N344 trillion market worth of gold investible instruments in the solid minerals sector with the concluded plans of being listed on the Lagos Commodities and Futures Exchange (LCFE). The investment move, which was disclosed weekend […]
A new music project tagged OELA Project Evergreen to deliberately focus the narrative of Nigerian music on positive virtues such as integrity, courage, hard work, patriotism, leadership, service to humanity among others for national reorientation and cultural refinement will be flagged off in Lagos this month. World Stage Limited (WorldStage), a leading media group and […]
The Minister of Transportation, Rotimi Amaechi, has set up an 11-man investigative panel to probe alleged misappropriation of over N165 billion by the suspended Hadiza Bala-Usman-led management of the Nigerian Ports Authority (NPA). Bala-Usman was suspended by President Muhammadu Buhari last Friday following allegations of non-remittance of N165 billion surplus revenue to the coffers of […]
The Minister of State for Power, Prince Goddy Agba, on Friday reassured Nigerians on Federal Government’s commitment to improve power generation and distribution in the country through investments in environmental-friendly power generation technologies nationwide. The Minister, who gave the assurance during the Commissioning of 60kWP Solar Hybrid Mini-Grid Electrification project by Rural Electrification Agency, REA, […]
Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has stressed the need for effective collaboration between regulators and operators in the banking system for the establishment of sound ethics and professionalism in the banking industry. Hassan, in a statement issued by the corporation’s Director, Communications and Public Affairs, Bashir […]
The Commissioner for Insurance at the National Insurance Commission (NAICOM), Mr. Sunday Thomas, on Thursday solicited the cooperation of insurance entities and banks in the current drive to deepen insurance penetration in the country. The industry regulator, who canvassed the collaboration of the stakeholders in the financial system in the efforts to deepen and improve […]