The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned its members to desist from night and reckless driving and loading of petroleum products at illegal points. The Kaduna Zonal Chairman, Petroleum Tanker Drivers (PTD) Branch of NUPENG, Mr…
The World Bank has advised oil and gas-rich countries in Africa to adopt asset diversification in oil and gas operations. This was stated in the May 2023 report titled: ‘Harnessing Natural Resources for Economic Transformation during the Low-Carbon Transition.’ According…
By Philemon Adedeji The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and Market Capitalization depreciated by 0.48 per cent to close the week at 52,214.62 and N28.431 trillion respectively. All other indices finished higher with the exception of NGX Main…
By Philemon Adedeji In line with its mandate to promote investor participation in Nigeria’s capital market, enhance secondary market, Nigerian Exchange Limited (NGX) in collaboration with Afrinvest is set to host market stakeholders to a virtual workshop on FGN Savings…
By Philemon Adedeji Shareholders of Guaranty Trust Holding Company (GTCO) Plc, have endorsed the payment of a total dividend of N91.236 billion, representing N3.10 per share for the financial year ended December 31, 2022. This endorsement was made at the…
Vice President Yemi Osinbajo says the Federal Government, in collaboration with International Development Association (IDA) and the World Bank, has committed $495 million to irrigation projects in Nigeria. Osinbajo disclosed this on Friday while inaugurating the Kano River Irrigation Scheme…
The Nigerian Communications Commission (NCC) has ordered members of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) to disconnect Deposit Money Banks (DMBs) if they fail to pay the debt owed to Operators for Unstructured Supplementary Service Data (USSD)…
By Seun Ibiyemi In commemoration of the 2023 World Safety Day, the Nigerian Maritime Administration and Safety Agency, NIMASA organised a safety workshop with the theme “Zero offshore incidents, a culture of prevention.” This is in line with the International…
The Senate has indicted the Federal Ministry of Justice for its alleged failure to show how the N10.4 billion judgment debt was disbursed to the beneficiaries. Judgement debt refers to money that a court of law orders the losing party…
The Nigerian Army says the former Group Managing Director (GMD), Nigeria Army Property Limited (NAPL), Maj.-Gen. UM Mohammed, is being Court Martialed following his indictment over sharp practices while in office. The Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, gave…
