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Technology Drives Nigeria’s Bonga Oil Operations Success – SNEPCo MD
adminMay 11, 2024
Technology Drives Nigeria’s Bonga Oil Operations Success – SNEPCo MD Elohor Aiboni, Managing Director, Shell Nigeria Exploration and Company Ltd. (SNEPCo), has attributed the success of Nigeria’s Bonga oil operations…Read More
Naira Bruise Deepens, USD Scarcity Unsettles FX Markets
adminMay 11, 2024
Naira Bruise Deepens, USD Scarcity Unsettles FX Markets The Nigerian naira depreciated further on Friday with depressed exchange rate outlook. The future of the local currency appears bleak following sub-par…Read More
U.S. Says Nigeria’s Monetary Policies Laudable, Strengthen Economic Growth
adminMay 11, 2024
U.S. Says Nigeria’s Monetary Policies Laudable, Strengthen Economic Growth The United States government has lauded Nigeria’s monetary policies, being conducive for businesses to thrive, as well as strengthening and positioning…Read More
EKEDC Reiterates Commitment to Effective Metering
adminMay 11, 2024
EKEDC Reiterates Commitment to Effective Metering The Eko Electricity Distribution Company (EKEDC) says it has directed the Meter Assets Providers (MAP) to ensure availability of meters before selling to the…Read More
AFC Leads Commercial Funding for €381m Angola’s Project
adminMay 11, 2024
AFC Leads Commercial Funding for €381m Angola’s Project Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering,…Read More
AfDB Urges Media Transformation to Uplift Africa’s Global Narrative
adminMay 11, 2024
AfDB Urges Media Transformation to Uplift Africa’s Global Narrative The African Development Bank (AfDB) says a more balanced media coverage of Africa and its development is critical for changing false…Read More
CBN Misinterprets Cyber Security Provisions – Falana
adminMay 11, 2024
CBN Misinterprets Cyber Security Provisions – Falana Senior lawyer Femi Falana, SAN, has said that the recently imposed 0.5 per cent cybersecurity levy is not meant for individuals. Falana made…Read More
Yield Jumps as Investors Trim Interest in Nigeria Bonds
adminMay 11, 2024
Yield Jumps as Investors Trim Interest in Nigeria Bonds Market Prices of Nigerian government bonds declined as fixed interest securities investors reduced their holdings of naira assets in the secondary…Read More
Naira Loses Steam over Pressing FX Illiquidity
adminMay 11, 2024
Naira Loses Steam over Pressing FX Illiquidity With sustained negative swings, the Nigerian naira plunged further in the foreign exchange market as demand for US dollars and other foreign currencies…Read More
Export: Banks Update Rates for Certificate of Origin
adminMay 11, 2024
Export: Banks Update Rates for Certificate of Origin Deposit money banks in Nigeria have updated rates for the issuance of certificate of origin, an international trade document that certifies that…Read More
Oprah Winfrey Apologizes For Being A ‘Major Contributor’ To ‘Diet Culture’ Over The Past 25 Years
adminMay 11, 2024
Oprah Winfrey apologized for her role in promoting diet culture over the years, but her message and its framing were far from straightforward. The talk show host and mogul, who…Read More
Tinubu Confers GCON On Awujale Adetona At His 90th Birthday Fete
adminMay 11, 2024
President Bola Tinubu on Friday conferred the second highest national honour, the Grand Commander of the Order of Niger (GCON), on the Awujale of Ijebuland, Oba Sikiru Kayode Adetona, as…Read More