By Kayode Tokede The Central Bank of Nigeria (CBN) on Tuesday released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines are contained in a circular by CBN’s Director, Financial Policy and Regulation Department, Ibrahim Tukur,…
The Department of Petroleum Resources (DPR) said it had received about $500 millon gas development investment proposals since the implementation of the Nigerian Gas Transportation Network Code (NGTCN) began a year ago. Mr Sarki Auwalu, Director, DPR, made the disclosure…
In a bid to strengthen and reposition the Nigerian National Petroleum Corporation (NNPC) towards attaining global excellence and profitability, the Management of the Corporation has announced the promotion and redeployment of some staff to fill key vacant positions. In a…
The Federal Ministry of Finance, Budget and National Planning has assured of its commitment to partner with the Nigeria Film Corporation (NFC) to create job opportunities for unemployed Nigerian youths. The Minister of Finance, Budget and National Planning, Mrs. Zainab…
The Board, Management and Staff of Ibadan Electricity Distribution Company (IBEDC) Plc with a heavy heart announce the untimely passing of our esteemed investor and pioneer Director, Captain Dr. Idahosa Wells Okunbo which sad event occurred on the 8th of…
Oil and gas have remained the honey pot of the Nigerian economy for no less than four decades. The concentration on the resources as the major seat of the Nigerian economy, has however been coloured with some deficiencies in terms…
Africa’s richest man, Aliko Dangote has significantly moved up in the World billionaires’ list as his fortune increased to $17.8 billion as against last year’s $14.8 billion to emerge as the only Nigerian in the Bloomberg’s yearly top billionaire lists.…
By Kayode Tokede Analysts at FBNQuest Research disclosed on Tuesday that it foresees further increase in nation’s foreign reserves in short term over steady increase in global oil prices, Eurobond issuance and the International Monetary Fund (IMF)’s allocation of SDRs…
By Kayode Tokede For improved business processes and consistent delivery of quality products and services to customers, the Standards Organisation of Nigeria (SON) has validated First City Monument Bank’s (FCMB) ISO 9001: 2015 certification for Quality Management Systems (QMS). FCMB…
By Kayode Tokede Transactions on the Nigerian Exchange Limited (NGX) on Tuesday closed transactions on a positive note to reverse the previous day’s bearish sentiment, as investors recovered N318 billion. The upturn was buoyed by investors’ buy-sentiment in some blue-chip…
