The Nigerian National Petroleum Company Limited (NNPC Ltd.), in collaboration with its Joint Venture partner, Newcross Exploration and Production Ltd., has successfully recommenced production from
Category: Business & Economy
Tinubu appoints board members to Securities and Exchange Commission
In a bid to fortify the regulatory oversight of Nigeria’s capital market, President Bola Tinubu has greenlit the appointment of a cadre of distinguished professionals
NNPC Ltd, First E&P achieve 20,000bpd production at OML 85
NNPC Ltd., in collaboration with its Joint Venture partner, First Exploration and Petroleum Development Company Limited (First E&P), has commenced oil production at OML 85,
Tinubu commends Dangote Group for reducing diesel prices at gantries
In a recent development, President Bola Tinubu has praised the initiative of Dangote Oil and Gas Limited for its reduction in the gantry price of
Tinubu launches National single window initiative to enhance revenue generation and streamline import/export trade process
President Bola Tinubu unveiled the National Single Window initiative on Tuesday, marking a significant milestone aimed at bolstering the nation’s economic landscape. This initiative underscores
First Bank Board crisis deepens as Corporate Affairs Commission places record on caveat
Amidst escalating board disputes, the Corporate Affairs Commission (CAC) has taken action against First Bank of Nigeria (FBN) Holdings, placing its record on caveat until
CBN issues directive on use of foreign currency collaterals for naira loans
In a recent development, the Central Bank of Nigeria (CBN) has issued a directive aimed at regulating the practice of utilizing foreign currency (FCY) as
CBN facilitates sale of $10,000 to BDCs operators at N1,101 per US Dollar
The Central Bank of Nigeria (CBN) has disclosed its initiative to allocate funds to Bureau de Change (BDC) operators. As outlined in an official statement
Apapa Customs records N489 billion revenue in first quarter, reaffirms commitment to achieving N2 trillion target for 2024
The Nigeria Customs Service, Apapa Area Command, has announced a total revenue collection of N489,614,095,022.15 for the first quarter of 2024, marking a substantial increase
Tinubu appoints new CEO for CREDICORP
President Bola Tinubu has appointed Engineer Uzoma Nwagba as the Managing Director and Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP), demonstrating his
