By Modupe Gbadeyanka The Minister of State for Petroleum Resources in charge of oil, Mr Heineken Lokpobiri, has disclosed that the Kaduna Refinery was not built to refine Nigerian crude oil. Speaking on Wednesday on Channels Television, he…
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited has announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy…
By Adedapo Adesanya The Supreme Court of Nigeria has ordered the 36 State Governors to file their respective defence to a suit instituted against them by the federal government within a week. Nigeria’s central government is seeking full…
By Jerome-Mario Utomi History has it that during World War 1, a particular American Psychologist eager to contribute to war efforts adapted Binet’s intelligence test for the US Army as an inexpensive way to differentiate among large…
By James Ezema As President Bola Tinubu’s administration in Nigeria clocks the one-year mark, the state of the country’s economy remains a cause for concern. Since taking office on May 29, 2023, President Tinubu has faced numerous…
By Adedapo Adesanya In collaboration with Rolling Energy, the Presidential Compress Natural Gas Initiative (PCNGI) has announced the commencement of the nationwide Mass Transit Conversion Programme. The announcement was made at the PCNGI…
In this interview, the Group Head of Life Business at AXA Mansard, Ms Abisola Nwoboshi, discussed the latest insurance package from the company. AXA Mansard recently launched the Endowment policy, can you tell us more about the product?…
By Modupe Gbadeyanka Saturday, May 25, 2024, will remain fresh in the memories of guests comprising children, parents and others at the Barnyard Children’s Fiesta organised by Union Bank of Nigeria. The event was put together by the…
By Duke of Shomolu It has been a heated session this morning behind the scenes of my podcast – Duke Rants on the Muvmnt Studio. On the back of that explosive interview granted by another podcast by a young misguided youth, my backup team…
By Modupe Gbadeyanka The Deal Room of the forthcoming 2024 Climate Action Africa Forum (CAAF24) slated for next month in Lagos received a significant boost. This is because the African Development Bank (AfDB) has promised to support the…
By Aduragbemi Omiyale The 2023 full-year financial statements of Stanbic IBTC Insurance have been approved by the National Insurance Commission (NAICOM). The results received regulatory authorisation after the underwriting firm adopted the…
By Adedapo Adesanya The House of Representatives has passed a resolution to investigate the mass retrenchment in the Central Bank of Nigeria (CBN). The motion was passed at an emergency session on Wednesday to commemorate 25 years of…
Nigeria’s gaming industry is on the rise. Key factors driving this growth include significant advancements in internet access and the widespread availability of affordable smartphones. With it, the niche within gaming that is iGaming or…
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a historic milestone to hit the N2 trillion market capitalisation for the first time on Wednesday, May 29. The market’s valuation jumped by 4.69 per cent or…
By Adedapo Adesanya Crude oil prices eased by about 1 per cent on Wednesday on worries over weak US fuel demand and economic data that could cause the US Federal Reserve to keep interest rates higher for longer. Brent futures fell by 62…
By Adedapo Adesanya The Naira seems to be regaining the confidence of foreign exchange (FX) users in the official FX market, the Nigerian Autonomous Foreign Exchange Market (NAFEM), as it further gained 0.72 per cent or N9.68 against the…
By Dipo Olowookere The portfolios of equity investors swelled on Wednesday after the Nigerian Exchange (NGX) Limited further appreciated by 0.44 per cent as confidence in the market returns. Traders smiled home yesterday after the bourse…
By Adedapo Adesanya The Indonesian Ambassador to Nigeria, Mr Usra Hendra Harahap, has disclosed that the Southeast Asian country imported over $3.8 billion worth of oil and gas from Nigeria in 2023. Mr Harahap stated this during his…
By Aduragbemi Omiyale The Association of Bureaux De Change Operators of Nigeria (ABCON) has described the new regulatory guidelines of the Central Bank of Nigeria (CBN) that pegged the minimum capital base for tier-1 BDC operators at N2…
By Adedapo Adesanya A Federal High Court sitting in Lagos has again ordered the interim forfeiture of the sum of $1.4 million linked to the embattled, former governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele. Justice…
By Adedapo Adesanya Wema Bank Plc has announced plans to raise N200 billion in fresh capital to meet the Central Bank of Nigeria (CBN) new capital requirement for banks operating in the country. At the virtual Annual General Meeting (AGM)…
By Adedapo Adesanya The Securities and Exchange Commission (SEC) has disclosed that it has registered three crowdfunding platforms, with three additional applications currently under review, as part of efforts to facilitate capital needs…
By Adedapo Adesanya The Senate has recalled Mr Abdul Ningi, a Bauchi State Senator, who was suspended for three months over budget padding remarks. His recall followed the adoption of a motion by the Senate Minority Leader, Mr Abba Moro,…
By Adedapo Adesanya Nigeria is changing its national anthem as President Bola Tinubu assented to the National Anthem Bill 2024, reverting to an older national anthem titled Nigeria, we hail thee. “This morning, Mr President signed into an…
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited said it has discovered a total of 122 illegal oil refining sites across the Niger Delta region in the past week. This was contained in its War on Crude Theft…
Nigeria’s largest commercial bank, Access Bank Plc hosted a one-of-a-kind roundtable discussion under its transformative ‘’W’’ Initiative, focusing exclusively on empowering women in the events sector at the bank’s headquarters on Tuesday…
By Aduragbemi Omiyale Over the weekend, DaySpring School, the University of Lagos (UNILAG), and Marvelvine Montessori School, all in Lagos, emerged winners of the 2024 Ecobank National Schools’ Teams Chess Competition. The event, which…
By Aduragbemi Omiyale The founder and chief executive of a leading financial technology (fintech) company, Flutterwave, Mr Gbenga Agboola, has engaged the President of Kenya, Mr William Ruto, on ways to achieve a robust and inclusive…
By Adedapo Adesanya On May 29, 2o23, President Bola Tinubu mounted the rostrum at Eagle Square in Abuja and took the oath of office to become Nigeria’s 16th president making a promise of renewed hope; now one year later, food, energy, and…
By Aduragbemi Omiyale The Head of Group Sustainability at Access Holdings Plc, Ms Omobolanle Victor-Laniyan, will lead others to discuss Disability Inclusion in Corporate Sustainability at a conference hosted by Access Holdings Plc. The…