Key things to know about CNG Cylinders in vehicles, presidential aide, Otega Ogra highlights
November 7, 2024
Honeywell’s Judgement Claim is absurd and an Exercise in Futility – Ecobank Ecobank Nigeria says it remains committed to recovering the debts owed by Honeywell, emphasizing that the return of depositors’ funds is crucial for ensuring the continued support and growth of local businesses by the bank. The bank[Read More…]
NNPCL, UTMOL sign agreement to drive down cost of cooking gas The Nigerian National Petroleum Company (NNPC) Limited and UTM Offshore Limited today signed the Heads of Terms Agreement which spells out terms of 20 per cent equity contribution of the NNPCL in the UTM FLNG Project. The signing[Read More…]
NEC dumps Buhari’s national social transfer register The National Economic Council (NEC) on Thursday dumped former President Muhammadu Buhari’s national social register, opting for a new social register to be developed by each state of the federation The council headed by Vice President Kashim Shettima, is made up of[Read More…]
MAN concern over Exclusion from World Bank-Funded 1.2m Meters THE Manufacturers Association of Nigeria has expressed concern over the impending displacement of local meter manufacturers and assemblers in the downstream of the power sector, in the process of the government’s implementation of the NMMP Phase II World Bank-funded supply[Read More…]
PMI foundation supports entrepreneurship Project Management Institute Educational Foundation says it has injected a multi-million rand grant through the African Leadership Academy to support entrepreneurial training for African youths. According to a statement, the grant expanded on PMIEF’s current partnership with the ALA, which sought to introduce students to project[Read More…]
Access Bank enters into acquisition agreements with Standard Chartered Bank Access Bank Plc (Access) and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the[Read More…]
Naira sustains recovery at N746/$ in official market The naira on Thursday recorded a massive gain of N36 to close at N746/$ in the Investors and Exporters (I&E) window– official market. Thursday’s rebound showed two-day straight gain in the official market over improved liquidity and transaction activities. The local currency[Read More…]
DSS Charges suspended CBN governor, Emefiele to court The Department of State Services (DSS) on Thursday said it has dragged embattled Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele to court. DSS PRO, Peter Afunanya disclosed this in a release on Thursday, July 13, 2023. The[Read More…]
Dangote Cement Increases Capacity With New Plants In Nigeria, Cote d’Ivoire & Ghana Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun State. According to the Group Managing Director, of Dangote Cement, Mr.[Read More…]
World Bank picks Ogunbiyi, 14 others to drive private sector investment Chief Executive Officer of Sustainable Energy for All, Damilola Ogunbiyi, is one of the 15 chief executive officers (CEOs) and chairs to join the Private Sector Investment Lab. According to a statement by the Bank, the Lab’s core[Read More…]