NEITI Hails Seplat Energy Entrance into EITI The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed Seplat Energy Plc as the first independent, strictly private sector-led Nigerian company to join…
Tinubu Appoints Ayo Sotinrin as Bank of Agriculture MD President Bola Tinubu has appointed Mr Ayo Sotinrin as the new Managing Director of Bank of Agriculture, effective immediately. Sotinrin brings…
DHL Group, Temu Sign MOU to Support Local Businesses DHL Group, the world’s leading logistics company, has signed a Memorandum of Understanding (MoU) with the e-commerce marketplace Temu to deepen…
How Credit Ratings Penalise African Economies— ECA African countries continue to face significantly higher borrowing costs due to credit ratings that many experts say fail to reflect the continent’s true…
Market Index Slips as Equities Investors Offload Stocks The stock market on Thursday recorded a downturn as performance indices declined by 0.01 per cent. Specifically, the Nigerian Exchange Ltd. (NGX)…
Bayelsa Condemns Vandalism on Oando’s Gas Pipeline The Bayelsa Government on Friday condemned the vandalism of the Ogboinbiri/Obiobi 24-inch Gas Pipeline between Angiama and Angiamagbene in Southern Ijaw Local Government…
Naira Falls to N1567 against US Dollar at FX Market The Naira depreciated on Friday at the official market, trading at N1,567.02 to a dollar. Data from the Central Bank…
P-CNGi, LNG Arete Sign Pact for $27.3m Gas Plant Project The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. on Friday signed a Memorandum of Understanding (MoU) on…
The Russian Central Bank Governor Elvira Nabiullina has doubled down on recent calls to ban crypto, telling lawmakers that traders should face “stricter punishments.” Nabiullina last month said that she…
Major crypto exchange Coinbase has filed for XRP futures trading with the US Commodity Futures Trading Commission (CFTC). According to the tweet posted on 3 April, the CFTC-regulated derivatives exchange…