The Asset Management Corporation of Nigeria (AMCON) has announced plans to engage international asset tracers to track the assets of chronic debtors, both locally and abroad. This move is part …
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NNPCL commences shipment of LNG to China, Japan
State oil company, the Nigerian National Petroleum Company Limited (NNPCL) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on a Delivered Ex-Ship (DES) basis. This …
Read More »Two directors join BDAN board
The Bank Directors Association of Nigeria has introduced two new directors to its board of directors following the retirement of three directors by rotation. This is as the association …
Read More »Africa Prudential declares N791m profit
Africa Prudential has reported a profit after tax of N791m for the first six months of the year. This was disclosed by the Chief Finance Officer of Africa Prudential …
Read More »Satellite manufacturers urged to prioritise affordability
Satellite original equipment manufacturers need to prioritise affordability in Africa to drive adoption and growth, the Managing Director of Nigerian Communications Satellite, Jane Egerton-Idehen, has said. The NIGCOMSAT boss …
Read More »MSMEs push for improved funding as patronage declines
The challenging operating environment, which has plummeted sales, is making small businesses seek improved access to credit, writes ARINZE NWAFOR The current high inflation in the country has eroded …
Read More »Sterling One, others drive N3bn social investments
Sterling One Foundation, in partnership with the Coca-Cola Company Nigeria, Sterling Bank Limited, and the United Nations Global Compact Network Nigeria, has reiterated its commitment to driving social impact …
Read More »NGX: Equities market begins week on high as investors gain N36bn
The equities market began the week on Monday August 26, 2024 on positive note as investors gained N36bn at the end of trading session. This follows an increase in …
Read More »CBN raises Standing Deposit Facility rate to control liquidity
The Central Bank of Nigeria has raised the Standing Deposit Facility (SDF) rates as part of its continuous attempts to control liquidity in the banking sector. This became necessary after …
Read More »Oando-Agip $783m deal followed due process, complied with extant rules – NUPRC replies Atiku
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday approved the acquisition of Nigerian Agip Oil Company (NAOC) $783m acquisition by Oando Plc saying it conformed with current legislation and …
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