Foremost industrialist and President of the Dangote Group, Aliko Dangote has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. Dangote made the call on Saturday when he received the leadership of the…
Edo 2024: Obaseki Meets PDP Leaders, Confident Of Victory In Guber Poll
The Edo State Governor, Mr. Godwin Obaseki, at the weekend, met with leaders of the Peoples Democratic Party (PDP) from each ward across the 18 local government areas of the State to strategize ahead of the governorship election taking place…
Tinubu Receives ENI Delegation
President Bola Tinubu on Friday in Abuja received a delegation from international energy company, ENI. Tinubu commended the company for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investment destination….
All-New MG RX5 Displays Strength, Technology, Comfort
The all-new MG RX5 marks the debut of the second generation of this popular SUV, demonstrating the British-born brand’s dedication to diversifying its lineup with a sporty new model. The new vehicle is now available in Nigeria at Stallion Motors…
CBN Allocates $106.5m To 29 FX Dealer Banks
The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX dealer banks. In a statement issued on Friday by Dr Omolara Omotunde Duke, Director, Financial Markets Department, it was disclosed…
NADDC Boss Renews Clamour For More Collaborative Engagements
To enhance the growth of the local automotive industry, the National Automotive Design and Development Council, NADDC, is to strengthen its collaboration with key Stakeholders’ to develop robust policies to boost local production and attract Foreign Direct Investment, FDI, in…
Carloha Nigeria, ILOTBET Reward EURO 2024 Championship Promo Winner With Tiggo 2 Pro
A passionate football fan, Mr. Samuel Nneke, has emerged the winner of the star prize of brand-new Chery Tiggo 2 Pro in the just concluded EURO 2024 Championship promo.The star prize was handed over to Mr Nneke on Thursday in…
WITH GIANTS CAMPAIGN, FIRSTBANK IS TRULY WOVEN INTO THE FABRIC OF SOCIETY
The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within and…
Firm Secures $2.67b Contract For 12 Containerships
South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has been awarded a contract to construct twelve containerships for an undisclosed shipowner. The order is split between HD KSOE’s two subsidiaries, HD Hyundai Heavy Industries and HD Hyundai…
CBN Approves $20,000 For Each BDC Operator
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at 1,450 naira to a dollar. The apex bank said the sum of $20,000 is to be sold to…
Minimum Wage: Why Labour Accepted ₦70,000, By NLC, TUC
The Organised Labour agreed to ₦70,000 as the new minimum wage for Nigerian workers because the wage reviews in the country will no longer be every five years but once in three years, the President of the Nigeria Labour Congress…
Ecobank To Host SMEs On Solar Energy As Alternative Power Source
Ecobank Nigeria is set for its SME Conference on the use of Solar Energy as an alternative source of power for businesses in Nigeria. The monthly virtual conference is part of the Bank’s MySME Growth Series designed to empower SMEs…
NLNG Reacts To Reports On Tax Appeal Tribunal’s Ruling
The Nigeria Liquefied Natural Gas (NLNG) has refuted reports alleging that Tax Appeal Tribunal ordered NLNG to pay $27.5 million to the Federal Inland Revenue Service (FIRS) as a revised Company Income Tax (CIT) settlement for 2016.Reacting to the reports,…
TotalEnergies Divests Interest In SPDC JV, Retains Gas Supply To NLNG
TotalEnergies EP Nigeria has signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria. SPDC JV is an unincorporated joint venture between Nigerian National Petroleum Corporation…