Are you a Nigerian undergraduate that wants to be empowered with creative skills? Look no further, as Guaranty Trust Bank plc, is set to hold the maiden edition of the GTCrea8 Convention for Undergraduates, on Thursday, March 8, 2018 at the University of Lagos, Akoka. The above mentioned event is a one day convention with […]
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The Nigerian National Petroleum Corporation (NNPC), says it remitted N857.36 billion to the federation account in 2017. The Corporation disclosed this in a statement on its Monthly Financial and Operations Report for December 2017, released, on Tuesday in Abuja. It also said that it remitted N19 billion to the Federal Government for debt repayment, while […]
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Eleven ships laden with various products, including petrol, are at the Lagos ports waiting to berth, the Nigerian Ports Authority (NPA) said on Tuesday. The NPA, in its daily bulletin — Shipping Position — said nine of the vessels, carrying petroleum products, were already waiting to berth. It said that two other ships with bulk […]
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Governor Abubakar Bagudu of Kebbi says the state will work together with farmers and millers under the Federal Government’ Anchor Borrower Programme to deliver local rice below N10,000 per bag. The governor gave the assurances Sunday night in Birnin Kebbi at a dinner hosted in honour of the Minister of Information and Culture, Lai Mohammed. […]
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The Nigerian National Petroleum Corporation (NNPC) has said that it loses N774 million daily on under-recovery due to the increase in petrol consumption in the country. The corporation has refused to use the term subsidy in reference to how much it spends in keeping the official price of petrol at N145 at filling stations, although […]
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Citing the poor condition of Nigerians, the International Monetary Fund (IMF) has called for urgent comprehensive and coherent economic policies in Nigeria. The gross domestic product report released by the National Bureau of Statistics (NBS) on Tuesday showed that the economy recorded a growth of 0.83 percent in 2017. The Bretton Wood institution said it […]
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Pan-African banking group, United Bank for Africa (UBA) Plc and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity to […]
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The Nigerian Communications Commission (NCC) has come up with tough sanctions against some telecom companies engaging in call masking. the Commission decided to suspend the operating licenses of some of the telecommunications operators. A statement issued in Abuja on Tuesday by the Director of Public Affairs, NCC, Tony Ojobo, said the telecommunications regulatory agency had […]
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The Nigerian Ports Authority (NPA), says 12 ships laden with various products, including petrol, are at the Lagos ports waiting to berth. The NPA disclosed on Tuesday in its daily “Shipping Position” made available to the News Agency of Nigeria (NAN) in Lagos, that eight of the vessels was waiting to berth with petrol. It […]
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The Federal Government says it will support investment in the construction of modular refineries to ensure the success of the initiative. The Senior Technical Adviser to the Minister of State for Petroleum Resources, Mr. Rabiu Suleiman, disclosed this at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja. He added that government would also guarantee […]
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