The Kawankwasiyya faction of the Peoples Democratic Party (PDP) in Kano State has renewed its resolve to boycott the Jan. 16 local government election. The Chairman of the faction, Alhaji Shehu Sagagi, made this known while speaking with Nigerian NewsDirect…
…To focus more on gas, Condensates for revenue growth The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies aimed at…
By Abba – Eku Onyeka, Abuja Gomo the III of Karmo Sabo, Abuja the Federal Capital Territory (FCT), Chief Umar Garni Sarkin Karmo has hailed the Federal Government’s (FG) decision to halt the increase effected in electricity tariff by the…
Vice President Yemi Osinbajo has urged stakeholders in the oil industry to find and agree on cheaper means of producing oil in the country. Osinbajo’s spokesman, Laolu Akande, in a statement on Wednesday in Abuja, said that the vice president…
By Kayode Tokede President, Chartered Institute of Bankers of Nigeria (CIBN) Mr. Bayo Olugbemi has said the banking sector in Nigeria has a good capital base to facilitate the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement.…
By Kayode Tokede The Central Bank of Nigeria (CBN) has released the Framework for regulatory sandbox operations, to ensure the safety and stability of the Nigerian Financial System, among other things and framework Quick Response (QR) code payments. On regulatory…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange Window ( I & E FX) window depreciated by 0.17 per cent to N393.33 against the dollar on Wednesday. The local currency also inched down by 0.22per cent and…
By Kayode Tokede Fidson Healthcare Plc has appointed three new directors. According to a notice by the pharmaceutical firm to the Nigerian Stock Exchange, the directors were appointed at a board meeting. The three directors namely, Dr Vincent Ahonkhai, Mr. …
By Kayode Tokede Investors’ positive sentiment persisted on the equities market of the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index extending growth by 0.11 per cent. The NSE All-Share Index improved further by 45.10 basis points or…
By Kayode Tokede Stanbic IBTC Bureau De Change Limited said it discontinued its Bureau De Change business. The holdings, Stanbic IBTC Holdings announced on the Nigerian Stock Exchange (NSE) on Wednesday that its BDC subsidiary, (Stanbic IBTC BDC) discontinued its…
