NNPC plans to generate, trasmit electricity
The Nigerian National Petroleum Corporation on Wednesday said its ongoing reform was geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in…
Non-performing mortgage loans rise to N94bn
Mortgage lenders are buckling under the weight of unpaid loans as job losses and inflation near a record high hinder the ability of customers to pay off their debts, Bloomberg…
CBN Approves Licence for DBN
The Central bank of Nigeria has approved the grant of a Wholesale Development Finance Institution Licence with national authorization to the Development Bank of Nigeria (DBN) Plc, the Minister of…
NNPC to Transform into Integrated Energy Company
The ongoing reform of the Nigerian National Petroleum Corporation (NNPC) is geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power…
NNPC Cautions on Phantom Recruitment exercise
The Management of the Nigerian National Petroleum Corporation, NNPC, has raised the alarm on the existence of some dubious syndicates with specialty in extorting money from unsuspecting members of the…
Modular Refineries: Youths to Form Consortia of 1000 Barrels
southeast of Baghdad, November 23, 2014. Picture taken November 23, 2014. REUTERS/Essam Al-Sudani (IRAQ – Tags: POLITICS ENERGY BUSINESS) The group managing director of the Nigerian National Petroleum Corporation (NNPC),…
Arik Air: N16,000 Promotional Fare Ends 17 April
Arik Air has extended the validity of the ongoing N16, 000 promotional fare to cover the period of Easter.The special fare which enables an air traveler to buy a one-way…
CAC Demonstrates 48-hour Company Registration Process
The Corporate Affairs Commission (CAC) demonstrated on Wednesday that business owners in Nigeria can now conveniently register their businesses online within 48 hours. At a CAC Customers’ Forum in Lagos…
FG Unveils Management and Board Members of DBN
The Federal Ministry of Finance has announced details of members of the board and management of the newly licensed Development Bank of Nigeria (DBN). The Management team is led by…
CBN raises FOREX supply to BDCs…offers $100m for forwards
CBN Headquarters, Abuja CBN raises FOREX supply to BDCs…offers $100m for forwards In line with its pledge to sustain liquidity in the foreign exchange market, the Central Bank of Nigeria…