Category: Economy

Ardova Seals Bulk Purchase Framework With Dangote Refinery
December 31, 2024 No Responses

Ardova Seals Bulk Purchase Framework With Dangote Refinery

As part of measures to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery.City Business News reports thatthis...
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Bankit MFB Unveils Web Banking Platform
December 31, 2024 No Responses

Bankit MFB Unveils Web Banking Platform

Bankit MFB, an emerging financial institution in the Nigerian financial sector, has unveiled its web banking platform to provide customers with an additional digital channel to manage and carry out uninterrupted daily transactions on their phones, laptops and ...
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Rivers Budgets N1.1tri For 2025
December 30, 2024 No Responses

Rivers Budgets N1.1tri For 2025

Rivers state governor,Siminalayi Fubara has presented a 2025 budget proposal of N1.1 trillion to the Victor Oko-Jumbo-led state house of assembly.Fubara presented the appropriation bill, tagged the “Budget of Inclusive Growth and Development,” to the four-...
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FirstBank Lays Off 100 Senior Staff
December 30, 2024 No Responses

FirstBank Lays Off 100 Senior Staff

FirstBank, part of FBN Holdings’ has exited about 100 senior staff members.According to Nairametrics, some of the bank’s top executives were asked to leave as part of its repositioning plan for 2025.The exits appear to be part of a concerted...
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Warri Refinery Goes Live
December 30, 2024 No Responses

Warri Refinery Goes Live

The 125, 000 barrels per day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State is now up and running.This was disclosed by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari during...
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South Korean Technical Team Installs Rice Mills In Bayelsa
December 28, 2024 No Responses

South Korean Technical Team Installs Rice Mills In Bayelsa

In furtherance of the bilateral relationship between both parties, a technical team from the Republic of South Korea has completed installation of modern rice processing mills in Bayelsa State.A statement issued byDaniel Alabrah,Chief Press Secretary to Govern...
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NDDC To Boost Niger Delta Chamber Of Commerce With N30b
December 28, 2024 No Responses

NDDC To Boost Niger Delta Chamber Of Commerce With N30b

The Niger Delta Development Commission, NDDC, has pledged to galvanise the Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA, by releasing N30 billion counterpart fund for the development of young entrepreneurs.Speaking during ...
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SEC DG To Stakeholders: Let’s Strive To Build A Fair, Transparent Market
December 26, 2024 No Responses

SEC DG To Stakeholders: Let’s Strive To Build A Fair, Transparent Market

Stakeholders in the capital market have been urged to strive to build a capital market that is fair, transparent, and inclusive.Director General of the SEC, Dr. Emomotimi Agama stated this in a Christmas Message to the capital market Community.Agama who...
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Edo Earmarks N70b For Agric Sector In 2025
December 26, 2024 No Responses

Edo Earmarks N70b For Agric Sector In 2025

To address food insecurity and make Edo sufficient in food production, Governor Monday Okpebholo has earmarked over N70 billion for agriculture in the newly-signed Edo 2025 budget. The 2025 budget tagged, “Renewed Hope for a Rising Edo” is meant to...
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Greenwich Group Celebrates 30th Anniversary, Rewards 45 Staff
December 25, 2024 No Responses

Greenwich Group Celebrates 30th Anniversary, Rewards 45 Staff

The Greenwich Group, a leading financial solutions provider in Nigeria has marked 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while contributing to the growth and development of the Nigerian economy.The ...
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Tinubu: No Regret Removing Petrol Subsidy
December 24, 2024 No Responses

Tinubu: No Regret Removing Petrol Subsidy

President Bola Tinubu, on Monday insisted that he has no regrets removing petrol subsidy in May 2023.  In his first Presidential Media chat, Tinubu explained that Nigeria cannot continue to be Father Christmas to neighbouring countries. The President said...
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Capital Market Institute Unveils 2025 Training Calendar
December 23, 2024 No Responses

Capital Market Institute Unveils 2025 Training Calendar

The Nigerian Capital Market Institute (NCMI), the training subsidiary of the Securities and Exchange Commission (SEC), has unveiled its training calendar for 2025.The Managing Director of the Institute, Mr. Tunde Kamali who stated this in Abuja weekend, said i...
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Compt Onyeka Resumes At Tincan Island Port
December 20, 2024 No Responses

Compt Onyeka Resumes At Tincan Island Port

The Tincan Island Port Area Command, on Friday, welcomed a new Customs Area Controller, Comptroller FO Onyeka.Comptroller Onyeka succeeds Comptroller DA Nnadi who was recently promoted to the management rank of Assistant Comptroller General.Comptroller Onyeka ...
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PETROAN Lauds Dangote Refinery For Slashing PMS Price
December 20, 2024 No Responses

PETROAN Lauds Dangote Refinery For Slashing PMS Price

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the management of Dangote Refinery for crashing the price of its petrol to N899.50K per litre. In a statement on Thursday, PETROAN spokesman, Joseph Obele, described th...
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