NCDMB Equips Nigeria Oil and Gas Industrial Park With State-Of-The-Art ICT Facilities
The Nigerian Content Development & Monitoring Board (NCDMB) has equipped its first oil and gas industrial park at Odukpani in Cross River State, with the state-of-the-art Information and Communications Technologies (ICT) facilities to boost...
NUPRC Harps On Equitable, Sustainable Energy Mix For Energy Security
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says energy transition discourse should revolve around implementation of a fair, equitable and sustainable energy mix that entrenches principles of inclusiveness and guarantees energy security. Mr. Gbenga Komolafe,...
Guarantee Trust Holding Records N74.1bn Profit Before Tax
Guaranty Trust Holding Company Plc (GTCO) has recorded a Profit Before Tax (PBT) of N74.1 billion for the period ended, March 31. This bank disclosed this in the company’s unaudited consolidated and separate financial statements...
Nigeria’s Future Lies In Blue Economy – NIMASA DG
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has said that Nigeria’s vast under-utilised blue economy offers huge opportunities for growth and development and to overcome its present economic...
MTNN, 22 Others Sustain Stock Market On Positive Record, Gains N441bn
The stock market of the Nigerian Exchange Ltd. (NGX) on Thursday gained further due to investors’ renewed interest in MTN Nigeria Communications (MTNN) Plc and 22 others. The NGX All Share Index (ASI) rose by...
NUPRC Deploys Initiative To Assist Marginal Field Awardees In Field Development
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says a production based lending engagement is ongoing to assist the 2020 Marginal Field Bid Round licences awardees to source needed capital. The NUPRC said it would help...
Election: UNICAL Announces New Resumption Date
The University of Calabar (UNICAL) has announced March 20 as new resumption date for academic activities following the postponement of the Gubernatorial and state House of Assembly elections. In a release issued by the Registrar...
Naira Drops, Exchanges At N461.60 To Dollar
The Naira on Wednesday exchanged at N461.60 to the dollar at the Investors and Exporters window. The figure represented a decrease of 0.06 per cent compared with the N461.33 it exchanged on Tuesday. The open indicative...
NLNG Begins Phase 2 Of Its Hospital Support Programme – Official
Nigeria LNG (NLNG) has signed a Memoranda of Understanding (MOU) with three Nigerian teaching hospitals in the second phase of its hospital support programme. Mr. Andy Odeh, the General Manager, External Relations and Sustainable Development...
Fuel Subsidy Now Above N400bn Monthly – NNPCL
The Nigerian National Petroleum Company Ltd. (NNPCL) has disclosed that the amount being spent as subsidy on Premium Motor Spirit (PMS), popularly called petrol, had crossed N400 billion monthly. Malam Mele Kyari, NNPCL’s Group Chief...
Naira Redesign: Customers Urge CBN To Sanction Banks Not Paying N20,000 Over The Counter
Some bank Customers in Sango-Ota have appealed to the Central Bank of Nigeria (CBN) to sanction Money Deposit Banks that are not paying the maximum N20,000 to customers over the counter. They expressed their views...
NUPRC Shortlists 139 Firms For Commercialised Gas Flare Programme
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 firms that applied for Nigerian Gas Flare Commercialisation Programme (NGFCP). About 300 companies applied to the gas buying and trading scheme to end gas flaring...
Alleged Data Breach: NDPB Investigates GT, Zenith Banks
The Nigeria Data Protection Bureau (NDPB) has commenced investigation into allegations of data breach by Guarantee Trust and Zenith Banks. Mr. Babatunde Bamigboye, Head, Legal Enforcement and Regulations of NDPB said this in a statement...
