The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a 100 per cent availability on Major Crude Oil Pipelines in the country in June 2025, the Group Chief Executive Officer of NNPC Ltd., Mr Bashir Ojulari, said on Tuesday. Delivering a keynote address at the 24th NOG Energy[Read More…]
The Nigerian National Petroleum Company Limited (NNPCL) has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors within and outside the organisation. A statement issued on Friday by the management of NNPC Ltd., said that the group was actively spreading lies[Read More…]
Leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to corporate social responsibility with the donation of food and essential items to the Old People’s Home in Yaba, Lagos. The donation was made possible through the generosity of the bank’s Nexus Inductees Class, under its Corporate[Read More…]
Nigerian workers under the Contributory Pension Scheme (CPS) have contributed a total of N23.33 trillion as of the end of the first quarter of 2025. According to Mr Saleem Abdulrahman, Director of Surveillance, National Pension Commission, PenCom, the figure represents an increase of N820 billion when compared with[Read More…]
The Federation Account Allocation Committee (FAAC), has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs). The revenue was shared at the June meeting of FAAC in Abuja on Wednesday. This is according to a communiqué issued at the[Read More…]
The Chartered Institute of Procurement and Supply (CIPS) has presented the Procurement Excellence Standard Certificate to Seplat Energy Plc, the foremost Nigerian independent energy company. The Global Chief Executive Officer, CIPS, Ben Farrell, made the presentation to Seplat Energy at the company’s office in Ikoyi –[Read More…]
… Hails Dangote’s “Phenomenal” Investment in Nigeria …Dangote commends Tinubu’s economic reforms President Bola Ahmed Tinubu has praised Aliko Dangote, Founder of the Dangote Group, for his unwavering belief in Nigeria and for making bold investments that have become a cornerstone in the country’s economic[Read More…]
Union Bank of Nigeria has reiterated its commitment to entrepreneurship and women’s empowerment through its alpher initiative by sponsoring the Nigerian British Chamber of Commerce (NBCC) Women and Youth Entrepreneurship Development Centre (WYEDC) Cohort 2 Programme, which has graduated 125 entrepreneurs who[Read More…]
The United Nations Economic Commission for Africa (ECA) says Africa is losing an estimated 40 billion dollars annually to illicit financial flows (IFFs) in the extractive sector. Mr Antonio Pedro, ECA’s Deputy Executive Secretary, in a statement said the trend undermines development and deepens economic inequality on the[Read More…]
President Bola Tinubu has written to both chambers of the National Assembly, requesting legislative approval for a new external borrowing plan of 21.5 billion dollars, alongside a domestic bond issuance of ₦757.9 billion for outstanding pension liabilities. Senate President, Godswill Akpabio and the Speaker of the House[Read More…]
