CBN Disburses N1tri To Farmers

CBN Disburses N1tri To Farmers

The Central Bank of Nigeria (CBN) has increased its funding and interventions in various sectors to boost economic growth.  Governor of the CBN, Mr Godwin Emefiele, said this on Tuesday in Abuja while presenting a communique issued at the end of the...
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Shell Inaugurates Oloibiri Health Programme Phase-2 

Shell Inaugurates Oloibiri Health Programme Phase-2 

Energy company, Shell, has inaugurated the second and final phase of its comprehensive health care projects for Oloibiri and other communities in Ogbia Local Government area of Bayelsa State.  “Corporate Social Responsibility means doing well. What you ...
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NDDC Revokes 20-Year-Old Unexecuted Contracts

NDDC Revokes 20-Year-Old Unexecuted Contracts

The Niger Delta Development Commission (NDDC) has revoked contracts awarded between 2000 and 2019 where the contractors did not move to site.  “Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilis...
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Jamoh: Vanguard Award Challenges Me To Work Harder For Nigeria, Humanity 

Jamoh: Vanguard Award Challenges Me To Work Harder For Nigeria, Humanity 

Dr Bashir Jamoh, Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) has described the Public Sector Maritime Icon Award given to him by Vanguard Newspaper as a challenge to selflessly work harder in the interest of Nigeria and...
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Photo News

Photo News

Photo News: Director-General, Nigerian Maritime Administration and Safety Agency, NIMASA. Dr. Bashir Jamoh (middle); Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello-Koko (right) and Executive Director, Finance and Administration, NIMASA, C...
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Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable 

Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable 

Fidelity Bank Plc has announced plans to host an exports roundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in partnership with the Edo State Investment Promotion Office (ESIPO) and GIZ on Tuesday, 24 May 2022. &n...
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Osinbajo Drums Support For FIRS Digitisation Agenda 

Osinbajo Drums Support For FIRS Digitisation Agenda 

By Moses Ebosele, ebosele@hotmail.com  — The Chartered Institute of Taxation of Nigeria (CITN) has been urged to support the Federal Inland Revenue Service (FIRS) in its drive towards full digitalisation of tax administrative processes.  V...
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NADDC Begins Automotive Financing Talks With CBN 

NADDC Begins Automotive Financing Talks With CBN 

The National Automotive Design and Development Council (NADDC)has commenced discussions with the Central Bank of Nigeria (CBN) to design workable solutions for automotive financing to make auto purchase affordable for Nigerians, Jelani Aliyu, the Director-Gene...
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ABP Loan: CBN To Clampdown On Defaulting Farmers

ABP Loan: CBN To Clampdown On Defaulting Farmers

The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted in paying back the loans obtained under the Anchor Borrowers’ Programme (ABP) to pay back.  Mr Sadeeq Ajayi, in CBN Development Finance Office, made the appeal on Wednesday...
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Seplat Post $177m Pre-Tax Profit For 2021

Seplat Post $177m Pre-Tax Profit For 2021

Seplat Energy Plc has recorded a pre-tax profit of $177million for the year ended December 2021, amounting to 321 per cent higher than the $80 million recorded by the company, which is listed on the Nigerian Exchange and the London...
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Heirs Oil & Gas’ OML 17wins PFI Africa Deal Of The Year 

Heirs Oil & Gas’ OML 17wins PFI Africa Deal Of The Year 

Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’byProject Finance International (PFI), following the $1.1 billion financing and acquisition of45% stake in OML 17 in 2021. The award ceremony which took placeon Monday,...
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NPA Boss: Automation Backbone Of Port Efficiency 

NPA Boss: Automation Backbone Of Port Efficiency 

The Managing Director, Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, at the weekend identified automation as the backbone of ports efficiency.  Bello-Koko who said this at a media chat with maritime journalists in Lagos noted that modern ports w...
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Shippers’ Council Partners NWUN, NARTO On Functional Ports’ Corridors

Shippers’ Council Partners NWUN, NARTO On Functional Ports’ Corridors

The Nigerian Shippers’ Council (NSC), the lead agency for Port Standing Task Team (PSTT) is to collaborate with the National Association of Road Transport Owners (NARTO) and Maritime Workers’ Union of Nigeria (MWUN) to clear the port corridors of extraneou...
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Again, Naira Depreciates Against Dollar

Again, Naira Depreciates Against Dollar

The Naira on Thursday depreciated further at the Investors and Exporters window, exchanging at N420 to the dollar, a 0.30 per cent depreciation, weaker than N418.75 traded on Wednesday.  The open indicative rate closed at N416.50 to the dollar on...
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