Residents of Bauchi have continued to lament over scarcity of the new Naira notes as they were unable to get cash from counters in banks, Automated Teller Machines (ATMs) and Point of Sales (POS) in the state. Some of the residents that spoke to the News Agency of Nigeria...
BUSINESS
The most common investments that can fetch you a lot are Cryptocurrency and Real estate. So, when you mention investment, these are the two that easily come to mind. Over the years, both have proven to be worthy choices, meanwhile, this is not to say that each doesn’t have...
NDDC takes partnership drive to Shell…. Partners Tony Elumelu Foundation to promote entrepreneurship
NDDC takes partnership drive to Shell…. Partners Tony Elumelu Foundation to promote entrepreneurship
By BARBARA KALU, Port Harcourt – The Niger Delta Development Commission (NDDC), has begun fine-tuning a partnership with the Tony Elumelu Foundation (TEF) to develop entrepreneurs in the Niger Delta. Working out the details of the upcoming TEF-NDDC Entrepreneurship Programme was the focus of a meeting between the NDDC...
The National Association of Nigeria Travel Agencies (NANTA) on Friday said it recorded a loss of 500 million as revenue in 2022, due to drop in ticket sales. Mrs Susan Akporiaye, NANTA’s National President, disclosed this during a media briefing held in Lagos on Friday. Akporiaye said that there...
The Central Bank of Nigeria (CBN) has deployed agents to some commercial banks premises in Lafia, Nasarawa State to facilitate its new naira swap policy. Mr Atiku Muhammed-Nasir, Director, Security Service of the apex bank, told newsmen on Friday in Lafia that the measure was to help decongest the...
The Federal Government says it is focused on ensuring that the Premium Motor Spirit (PMS) scarcity and queues are normalised. Chief Timipre Sylva, Minister of State, Petroleum Resources, made this known on Friday while speaking with newsmen shortly after inspecting some filling stations in the Federal Capital Territory (FCT),...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 firms that applied for Nigerian Gas Flare Commercialisation Programme (NGFCP). About 300 companies applied to the gas buying and trading scheme to end gas flaring from 48 oil production sites in the country. The Chief Executive Officer (CEO) of...
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the redesigned naira notes over the counter. Emefiele gave the directive in a statement posted on the CBN Website on Thursday and signed by the Director, Corporate Communications, Mr Osita Nwanisobi...
Scarcity of cash has crippled Point of Sales (POS) centres in the Federal Capital Territory (FCT) while the few operators with cash now charge between N200 and N300 per N1,000. A correspondent of the News Agency of Nigeria (NAN) who went round Kuje Area Council in the FCT on...
The Nigerian National Petroleum Company Limited (NNPCL) and Daewoo Engineering Construction Nigeria Limited have signed a maintenance service contract for the quick-fix repairs of the Kaduna Refining and Petrochemical Company Limited (KRPC). Group Chief Executive Officer, NNPCL, Malam Mele Kyari and CEO of Daewoo E&C Nigeria, Mr Jung Taewon,...
The price of essential food stuff has dropped in Daura central market due to the inaccessibility of the new Naira notes. A correspondent of the News of Agency of Nigeria (NAN) who conducted a market survey on Thursday, reports that a sack of grains containing 40 bowl measures which...
Dangote Industries Ltd. (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tonnes per annum cement plant in Itori, Ogun State. The development was contained in a statement signed by Mr Anthony Chiejina, Group Chief Branding and Communication Officer, DIL, on Wednesday in...
The Central Bank of Nigeria (CBN) on Wednesday advised Nigerians to exchange their old Naira notes at Point of Sale (POS) machines and open Savings account. The CBN Director of Protection, Mrs Rasheedat Mangunu, gave the advice during the monitoring exercise of some POS super-agents in Ilorin. The News...
The Executive Vice-Chairman of the Nigerian Communications Commission (NCC) Prof. Umar Danbatta has called for the inclusion of girls in the ICT sector. Danbatta said this was in line with United Nations effort to empower girls in techonolgy and close the digital gender gap. He said this at the...
By CALLISTUS OFFOR, Abuja – MTN Nigeria has announced Kate Ene as its CEO for a day following her emergence as the winner of the 2022 MTN mPulse Spelling Bee out of over 11,000 participants who registered for the competition. Kate, an inspiring 14-year-old student from Intimacy with Christ...
By DAVID IORJA, Abuja – President Muhammadu Buhari has charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of N18 trillion, to at least N100 trillion in the next 10 years. President Buhari gave the charge on Wednesday at the State...
By JOY ADARA, Abuja – The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that his recognition by the LEADERSHIP Awards as the Newspaper’s Public Service Person of the Year 2022 is a morale booster for the Service to do more. Mr. Nami stated this...
By JOY ADARA, Abuja – The Nigeria National Petroleum Company Limited (NNPCL) has taken over the operation of Production Sharing Contract (PSC) assets from Addax Petroleum Development Nigeria Limited. In a statement on Tuesday, The NNPCL spokesman,, Garba Deen Muhammad, said all closing obligations had been concluded and the...
The Nigerian National Petroleum Company (NNPC) Limited says it is investing N1.96 trillion into road infrastructure development via its tax credit scheme intervention. The company made this known at a meeting with the Minister of Works and Housing, Mr Babatunde Fashola and other key stakeholders in Abuja, on Tuesday....
President Muhammadu Buhari says that the Federal Government has achieved 100 per cent broadband penetration across Nigeria. The president said this in Abuja on Tuesday at a Digital Economy Conference tagged ‘Promoting a Vibrant Digital Economy, A Catalyst for Economic Growth in Nigeria’. The News Agency of Nigeria (NAN)...