• Ecobank Reiterates Commitment To Pan-African Trade, AfCFTA

    Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan-African payment switch, settlement capabilities, award winning digital products and strategic focus. Executive director, Corporate Banking, Ecobank Nigeria, Mr Kola Adeleke,  who made this assertion while speaking to ...

  • Nigeria Lost $3.5bn Oil Revenue To Oil Theft In 2021

    Nigeria lost not less than $3.5 billion revenue to crude oil theft in 2021 alone, representing about 10 per cent of the country’s foreign reserves according to agency reports. Recall that earlier report indicated that Nigeria lost almost 200 million barrels of crude in the first 11 months of the ...

  • Contratos de la planilla 172 son de acceso público

    En un fallo del pleno de la Corte, que contó con la ponencia del magistrado Olmedo Arrocha, representando a la mayoría de seis magistrados y el salvamento de voto de José Ayú Prado, Ángela Russo y Secundino Mendieta, se estableció un precedente significativo en materia de transparencia.

  • Kano Govt Flags-off $500m Education Development Project

    The Education Strategic Investment and Development Initiative (ESIDI) yesterday in Kano commenced a five-year $500 million project towards the systematic development of the state’s education sector. The project, targeted on graduates at both secondary vocational and tertiary professional levels, is in partnership with the Kano State government and the private ...

  • South Korea Boosts Nigeria’s Solar Projects With $12.4m

    South Korea has earmarked $12.4 million to finance the installation of solar mini-grids in rural areas of Nigeria. The project, led by the Korea Institute for Technological Advancement (KIAT), is scheduled to commence April 2022. With its “30:30:30 Vision”, Nigeria hopes to have 30 GW of installed power capacity by ...

  • Shortage Of Forex Crippling Manufacturing In Nigeria

    Members of the Organised Private Sector (OPS) and other stakeholders in the nation’s economy have urged the federal government, through the Central Bank of Nigeria (CBN), to intervene on the challenges faced by manufacturers in accessing foreign exchange. They also pleaded with government to patronise local software developers instead of ...

  • Zamfara Attacks: Saraki Condemns Carnage, Calls For Peace To Grow Nigeria’s Economy

    Former Senate President, Dr. Abubakar Bukola Saraki, has condemned the carnage perpetrated by terrorists in Zamfara State. Reacting to the attacks through his media office headed by Olu Onemola in Abuja, the former Senate President said, “My heart goes out to the families and communities that have experienced the tragic ...

  • Lagos Targets 1.237trn To Finance 521.275bn Deficit In 2022 Budget

    Lagos State government on Friday said the deficit of 521.275 billion of the 2022 budget will be funded through 1.237 trillion targeted revenue as well as combination of internal, external loans and bond issuance. The Commissioner for Budget Economic Planning, Sam Egube, revealed this during a media briefing on the ...

  • Heirs Holdings Launches Tender On OML 17

    Heirs Holdings has launched a tender for work on the Elelenwa multi-phase pump gathering station, on OML 17 in Nigeria. The tender is coming close to a year after the firm bought 45 per cent stake in the licence  from Shell Petroleum Development Co. (SPDC), Total E&P Nigeria and Eni. ...

  • MTN To Cheer Super Eagles To Victory At AFCON

    As the Super Eagles prepare for the African Cup of Nations which begins on Sunday, the official communications partner of the Nigeria Football Federation (NFF), MTN Nigeria, has restated its confidence in the ability of the team to go all the way and win the ultimate prize. The chief executive ...

  • You Must Be Accountable, Profitable, Buhari Tells NNPC Board

    President Muhammadu Buhari yesterday in Abuja urged the board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with corporate governance principles that place premium on doing business with the highest ethical standards, integrity and transparency. Inaugurating the board chaired by Senator Margery Chuba Okadigbo, ...

  • AFCON 2021: MTN Cheers Super Eagles To Victory

    As the Super Eagles gear up for AFCON 2021 in Cameroon, the official communications partner of the Nigeria Football Federation (NFF), MTN Nigeria, has restated its confidence in the ability of the team to go all the way and win the ultimate prize. The continental tournament commences on Sunday, January ...

  • Funding Your Business Through Crowdfunding (2)

    Crowdfunding in Nigeria is a means through which businesses can raise capital by pooling together small amounts of money from a large number of people instead of raising funds from few investors. It is also used to raise funds for personal financial emergencies, medical emergencies or for charitable purposes. This ...

  • ‘20,000 APSAN Members Benefit From CBN Loan Intervention’

    No fewer than 20,000 members of the Agricultural Produce Sellers Association of Nigeria (APSAN ) across Nigeria have benefited from the Central Bank of Nigeria (CBN) loan intervention scheme in the agricultural sector. This is part of the 503.3 billion naira loan already disbursed to farmers by NIRSAL Micro Finance ...

  • Buhari Inaugurates New NNPC Board, Demands Transparency, Profitability

    President Muhammadu Buhari Friday in Abuja urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with corporate governance principles that place premium on doing business with the highest ethical standards, integrity, and transparency. Inaugurating the Board chaired by Senator Margery Chuba Okadigbo, ...

  • Wike Donates N30m To Slain Police Officers Families

    Rivers State Governor Nyesom Wike, yesterday, presented N30 million to the families of three police officers of the Rivers State Command of the Nigeria Police who died in the line of duty in the state last year. The deceased officers, Police Inspectors Isaac Isodje, Saviour Udeh and Ebenezer Edward who ...

  • Dantata Advocates Return To Parliamentary System Of Govt

    Business mogul and chairman of Dantata Group, Alhaji Aminu Dantata, has called for a return to parliamentary system of government in order to save cost. Dantata said Nigeria should adopt the parliamentary system of government because the presidential system has failed. He stated this in Kano while receiving Northern Elders ...

  • Emplacamentos em 2021 crescem 10,5%, diz Fenabrave

    As vendas de veículos, motos e caminhões novos registraram alta de 10,57% em 2021 na comparação com os emplacamentos efetuados em 2020, segundo balanço divulgado hoje (6) pela Federação Nacional da Distribuição de Veículos Automotores (Fenabrave). Foram comercializadas, ao longo do ano passado, 3,49 milhões de unidades, enquanto em 2020 foram ...

  • Nigeria: 2021 - Drought of Foreign Investors' Dollars Pushed Return On Nigerian Stocks' to Brink

    [Premium Times] Inflows of Foreign Portfolio Investment (FPI) for the 11 months to November totalled N189.42 billion, the lowest since 2013.

  • Strong Output, New Order Growth Drives PMI To 56.4 Points

    Nigeria’s private sector ended the final month of 2021 on a robust expansion as Purchasing Managers Index (PMI) recorded 56.4 points. The PMI report for December 2021 by Stanbic IBTC Bank, Nigeria, stated that, quicker uplifts in output and new orders as well as record inventory building were central to ...

  • SURA Inversiones reunió a sus clientes para celebrar un nuevo año juntos

    La compañía despidió el 2021 con una propuesta exclusiva en el entorno natural de José Ignacio.