27.2 C
Lagos
Friday, June 2, 2023
African Development Bank (AfDB) has made case for agro-industrialisation projects by seeking support from Nordic country partners towards adding value to the competitive production of commodities such as cocoa, livestock and cotton in order to leverage the African Continental Free Trade Agreement (AfCFTA). Speaking at a webinar held on Thursday...
Idowu Sowunmi For the third time in a row, Dangote Group has emerged as the most admired brand of African origin by consumers. Also, GTBank has emerged as the most admired financial brand in Africa and the United Kingdom's BBC retained its media category ranking as the most admired media brand...
An explosion at Gbetiokun, OML 40 oil field operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture has killed seven people. This was disclosed in a statement by the Nigerian National Petroleum Corporation (NNPC), Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru...
With effect from tomorrow (September 1), subscribers are expected to pay more to view channels on DStv and GOtv networks. MultiChoice argued that it has adjusted its subscription rates in order to ensure the sustainability of its business, considering financial impacts, including inflation as well as increased content and operational...
The Presidency says it will require additional fresh external loan of $5.513 billion to finance 2020 budget deficit. In a letter addressed to the House of Representatives to seek approval and read during Thursday's plenary by the Speaker, Rt. Honourable Femi Gbajabiamila, President Muhammadu Buhari appealed that the fresh funds...
African Energy Chamber's Local Content Advisory Committee has held its first meeting, placing local content development at the core of its activities towards the continent's economic recovery. The meeting agreed that with several established markets like Nigeria or Angola and frontier energy markets such as Senegal or Uganda, the oil...
Prices would trend down soon - Buhari appeals for calm CBN Governor, Emefiele expresses hope, blames fiscal measures Inflation rate in Nigeria has spiralled up to hit 13.22% as the end of August, a record that broke a 29-month moving average. The Consumer Price Index (CPI), which measures prices of...
The Ogun State Governor, Prince Dapo Abiodun on Wednesday signed Today into law the Revised 2020 Appropriation Bill, which reduced the state's budget from 449.97 billion Naira to 280 billion Naira. In a statement by the Governor, the revision of the Budget which was presented to Abiodun by the Speaker...
The management of Bristow Helicopters Limited has terminated the appointment of no fewer than 100 pilots. Bristow Helicopters, in a statement on Tuesday, said those sacked comprised both Nigerian nationals and expatriates working with the company. It explained that the decision to sack the pilots was due to the severe impact...
Planned withdrawal of Unstructured Supplementary Service Data (USSD) short code service that enables bank transfer from mobile device, has been suspended by telecommunications operators in the country. The withdrawal of the said suspension of service, which was to take effect from Monday, March 15, came as the Central Bank of...