CBN Raises Interest Rate To 26.25 %

CBN Raises Interest Rate To 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a two-day meeting, the bank’s Monetary Policy Committee (MPC) agreed to increase the Monetary Policy...
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NDDC Boss Seeks Effective Stakeholders Collaboration

NDDC Boss Seeks Effective Stakeholders Collaboration

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has again called for effective collaboration of critical stakeholders in chanting new narratives in the Niger Delta region.Ogbuku, who stated this in his goodwill message ...
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NPA, Koko Win Champion Newspapers’ 2023 Awards

NPA, Koko Win Champion Newspapers’ 2023 Awards

Champion Newspapers Limited has announced Nigerian Ports Authority(NPA) as winner of its Government Agency Award and the NPA Managing Director, Mohammed Bello Koko as the Most Outstanding Public Servant in 2023.According to the Newspapers’ management, th...
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Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Declares N142b Revenue, N23.46b Dividend

Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), has announced impressive financial performance at its 11th Annual General Meeting (AGM), the first since the Company went public, via a listing by introduction of its shares,...
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NDDC Inaugurates Edo Electricity Sub-Station

NDDC Inaugurates Edo Electricity Sub-Station

The Niger Delta Development Commission, NDDC, has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.Speaking at the commissioning ceremony, the NDDC Managing Director...
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UBA @ 75: GMD Lauds Elumelu, Stakeholders

UBA @ 75: GMD Lauds Elumelu, Stakeholders

The Group Managing Director and Chief Executive Officer of United Bank for Africa Plc, Oliver Alawuba, has hailed the Chairman of the global financial powerhouse, Tony Elumelu, and other stakeholders for the success recorded by the bank in its 75...
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Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio.  BGT was founded in 1989 to provide...
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ICAN, NGX honour Dangote Cement for excellence in corporate reporting

ICAN, NGX honour Dangote Cement for excellence in corporate reporting

Dangote Cement has been honoured with the top prize at the inaugural Corporate Reporting Award, jointly organized by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Limited. The leading cement manufacturer received the Platinum awar...
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NIMASA CELEBRATES NIGERIAN WOMEN STAKEHOLDERS.

NIMASA CELEBRATES NIGERIAN WOMEN STAKEHOLDERS.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, during the 2024 commemoration of the International Day for Women in Maritime in Lagos, commended the contributions of Nigerian women to the development...
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Toyota Nigeria Rewards Nestle, Zenith, Roxcon

Toyota Nigeria Rewards Nestle, Zenith, Roxcon

Toyota (Nigeria) Limited (TNL) has named Nestle Nigeria Plc as winner of its prestigious Evergreen Customer Award for the Year (2023). The company emerged winner among the teeming Toyota customers, having purchased the highest cumulative number of new Toyota v...
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NDDC To Commission 92 Projects Worth N84b

NDDC To Commission 92 Projects Worth N84b

The Niger Delta Development Commission, NDDC, will over the next two weeks commission 92 infrastructure projects executed at a cost of N84 billion across the nine mandates states in the region. The Commission’s Director, Corporate Affairs, Pius Ughakpoteni, ...
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Minister  Congratulates Newly Elected APRA Executives

Minister  Congratulates Newly Elected APRA Executives

The Minister of Information and National Orientation, Mohammed Idris, has felicitated the newly elected Executive Council of the African Public Relations Association (APRA), elected at the 35th APRA Annual Conference and Annual General Meeting (AGM), which was...
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NCC Suspends Issuance Of Virtual Operators Licence

NCC Suspends Issuance Of Virtual Operators Licence

The management of Nigerian Communication Commission (NCC) has temporarily suspended new licence issuance to operators in three categories. The categories affected include Mobile Virtual Network Operator Licence, Interconnect Exchange Licence and Value Added Se...
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SIFAX Group Chairman Identifies Blue Economy Potential At LAUTECH Lecture

SIFAX Group Chairman Identifies Blue Economy Potential At LAUTECH Lecture

Dr. Taiwo Afolabi, Chairman, SIFAX Group, has identified coastal tourism and renewable energy generation as some of the potential areas of growth that Nigeria needs to take advantage of in developing its blue economy.  Afolabi, while delivering the 16th&n...
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