NNPC Records ₦20.36 Billion Trading Surplus in July
The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus in June...
In Landmark Move, SEC Recognises Cryptocurrencies, Sets To Regulate Them
The Securities and Exchange Commission (SEC) has said that it would henceforth regulate crypto-token or crypto-coin investments, while classifying them as securities.
In a statement...
Polaris Bank Dedicates Account For Women Empowerment
Polaris Bank has dedicated a special account known as Polaris Pearl account to equip women entrepreneurs with the requisite knowledge, skills, and support to...
NNPC Partners To Provide Alternative To Energy, Fuel For Nigeria
The Nigerian National Petroleum Corporation (NNPC) has pledged to partner with the Federal Ministry of Petroleum Resources to provide alternate energy source to Nigerians...
Road To Development Of Agric Sector Long, Arduous, But… – Prof Gambari
Professor Ibrahim Gambari, Chief of Staff to President Muhammadu Buhari, has said that the road to effective development of the agricultural sector in Nigeria...
Buhari To CBN: Don’t Grant Any Request For Funds For Importation Of Food, Fertiliser
President Muhammadu Buhari has ordered the Central Bank of Nigeria not to grant any request from anybody for grants the country’s reserves for the...
CBN Angry With NESG For Attack On Its Measures To Stabilize Nigeria’s Economy
The Central Bank of Nigeria (CBN) has expressed shock on attack by the Nigerian Economic Summit Group (NESG), over measures that had so far...
NNPC Threatens Legal Action Against Online Medium Over Contract Inflation Allegation
The Nigerian National Petroleum Corporation (NNPC) is angry with publication in an unnamed online medium alleging that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was...
Hike In Petrol Price: Marketers Say Deregulation Will Force Down Price
Petroleum Industry players and stakeholders have said the decision of the Federal Government to abolish the subsidy regime and enthrone a downstream deregulation era leading to...
Naira Strengthens Against Dollar, Speculators In Foreign Exchange Face Losses
The Central Bank of Nigeria (CBN) has announced the surge in Naira against the dollar, throwing speculators in Nigeria’s foreign exchange market into possible...
