The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Federal Government to use the 2023 population census to harmonise the various data platforms into a central database. Its National President, Ide John Udeagbala,…
By Seun Ibiyemi The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called off its industrial action which constrained export activities of up to 300,000 barrels of oil per day across all ExxonMobil locations in Nigeria. This…
Nigerian experts have called for tighter supervision of banks even though the Central Bank of Nigeria (CBN) has assured that Nigerian banks do not have links with the troubled foreign lenders. The experts made the call at the seventh edition…
Wema Bank’s interest income grew 43 per cent to N108.04 billion in 2022 driven by the most contribution from loans and advances to banks and customers. The tier-2 bank’s total interest income comprises loans and advances to banks and customers…
By Sodiq Adelakun The United Nations (UN) has explained how the shortage of naira in recent times has affected the country’s economy. Recall that the inter-governmental organisation said the development which lasted for months mostly affected the informal sector. “In…
In a bid to ensure that only registered entities are allowed to operate in the capital market, the Securities and Exchange Commission (SEC) has urged members of the public to report any fund manager that is operating without the registration…
By Philemon Adedeji Nigerian Exchange Group Plc (NGX Group) is pleased to announce that it has been awarded the EDGE certification, making it the first exchange group globally and the first indigenous Nigerian organisation to be EDGE certified. NGX Group…
In an avowed drive to further deepen the capital market and attract more young people to the market, the need to embrace fintech has again been emphasised. This was stated by the Director General, Securities and Exchange Commission (SEC), Mr.…
Nigerian National Petroleum Company Limited (NNPCL) has signed a memorandum of understanding (MoU) with Golar LNG, a Norwegian company, to install a floating LNG production unit in Nigeria. NNPC said via its official Twitter handle on Thursday that its Chief…
The Organisation of the Petroleum Exporting Countries (OPEC) has called on the International Energy Agency (IEA) not to further undermine the oil industry investments. OPEC Secretary-General, Haitham Al Ghais said this in a statement obtained in Abuja on Thursday while…
