Category: Economy

In furtherance of the need to expand diaspora remittance inflow into the country, First Bank of Nigeria Limited has increased its network of International Money Transfer Operators (IMTOs), targeted at easing the accessibility of its customers to receive money from close to 100 countries across the world in a safe and secured manner. With over… Read More »

…Posts ₦295.72bn from Sale of Petroleum ProductsThe Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021, representing 180.29% increase on sales from the previous month of April 2021.This is contained in the May 2021 edition of the NNPC Monthly Financial and Operations Report… Read More »

President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has directed the incorporation of the Nigerian National Petroleum Company Limited. This is in consonance with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to cause for the incorporation of the NNPC Limited within six months of… Read More »

Delta Government on Wednesday, expressed readiness to partner Manufacturers Association of Nigeria (MAN) in developing youths in the state with skills and entrepreneurship development. The Governor, Sen. (Dr) Ifeanyi Okowa, stated the government’s intention when he received on courtesy visit, the executive members of Edo/Delta Chapter of the Association at Government House, Asaba. He commended the… Read More »

Before 2016, many Nigerians never saw the possibility of banking virtually without being within the four walls of a banking hall,  but Providus Bank, a Nigerian financial services provider, licensed as a commercial bank by the national banking regulator, Central Bank of Nigeria showed how possible it is.The bank is a major technology-driven financial institution… Read More »

Following up on President Muhammadu Buhari’s recent announcement of thedeclaration of two hundred and eighty seven billion Naira (N287bn) Profit After Tax (PAT) in year 2020 by the Nigerian National Petroleum Corporation (NNPC), the Corporation has consolidated on the remarkable achievement, by publishing the Audited Financial Statements (AFS) on its official website. It would be recalled that… Read More »

Delta Governor, Sen. Dr Ifeanyi Okowa, on Monday, said Nigeria was in need of good leadership that would entrench desired unity, sustainable growth and development currently lacking in the nation. Okowa made this known at the 2021 Sam Epelle Memorial Gold Paper Lecture organized by the Nigerian Institute of Public Relations (NIPR) at Orchids Hotel,… Read More »

·       Begins Full Enforcement of Marine Environment Protection Regulations The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced the electronic verification of the new Ship Registry Certificates the Agency introduced on July 1. The new Ship Registry Certificates now have QR Codes (Quick Response Codes) embedded in them to enable Ship-owners, Stakeholders and Regulatory… Read More »

Makinde, who spoke through his Special Adviser on Economic Affairs, Professor Musibau Babatunde, in Ibadan described the statistics as a veritable tool to achieve analytical ideas for development. He added that the survey would support the ongoing efforts of the Seyi Makinde led administration in Oyo state to prepare its development plan and to track… Read More »

The Minister for Water Resources, Engr. Sulaimon Adamu has written a letter, seeking the support of the Aseyin of Iseyin, Oba Dr. Abdulganiy Salawudeen Adekunle Oloogunebi (Ajinese 1) on the re-awarded and re-designed Middle Ogun River Project, situated along Iseyin-Oyo road in Iseyin local government of Oyo State.Leading the team that hand-delivered the letter to… Read More »