The Crude Oil Refinery-owners Association of Nigeria (CORAN) is set to hold the inaugural edition of the Nigerian Crude Oil Refining Summit scheduled for October 7th and 8th, at the Eko Hotel & Suites, Lagos. This critical event, themed “Making…
By Esther Agbo Ecobank Transnational Incorporated has announced a remarkable profit after tax of N311 billion for the first half of 2024, representing an impressive 196 per cent surge compared to the N105 billion recorded in the corresponding period last…
By Esther Agbo Presco Group Plc, a key player in Nigeria’s agro-industrial sector, has reported an impressive profit after tax of N38.8 billion for the first half of 2024, marking a significant 157 percent year-on-year increase from N15.1 billion in…
The newly elected President of the National Association of Microfinance Banks (NAMB), Alhaji Abubakar Ahmad has called on President Bola Tinubu to approve fiscal and other incentives for Microfinance Banks (MFBs). Ahmad made the call while delivering his post-election speech…
The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by the DMO on Monday in Abuja, the first offer is a two-year FGN savings…
…alleges sabotage by international cartel …dumps initial plan for N50bn floating dock By Seun Ibiyemi The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has alleged that the war risk premium imposed on ships…
Nigeria’s drive to achieve energy security and transition to cleaner energy has received a boost with the donation of 30 Compressed Natural Gas (CNG) buses by the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the NNPC Foundation.…
…Says more opportunities will be created in Agric sector By Omobolaji Adekunle Ogun State Governor, Prince Dapo Abiodun, on Monday flagged off the first phase of the distribution of fertilisers to different categories of farmers with a promise to aggressively…
By Esther Agbo The ongoing environmental crises across Nigeria have sparked renewed debate about the efficacy and transparency of the nation’s ecological fund. Over the past year, Nigeria’s 36 states received a total of N39.62 billion from this fund, intended…
Nigeria’s crude oil production in the month of July rose to 1.307 million barrels of crude oil daily according to the monthly oil market report of the Organisation of Petroleum Exporting Countries (OPEC). According to the report, the country added…
