Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window given to Major Oil Marketers Association of Nigeria (MOMAN) to buy fuel at regulated depot price of N148.17 per litre. The Chairman of IPMAN...
BUSINESS
By CALLISTUS OFFOR, Abuja – A malware, XENOMORPH, that installs Trojan in banking apps on the Android platform to steal login details, raid bank accounts, and read the users SMS, has been flagged by the Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT). The Team suggests that owners...
By DAVID IORJA, Abuja – President Muhammadu Buhari has assured the International Civil Aviation Organisation (ICAO), that Nigeria will continue to make significant investments in the provision of aviation infrastructure for safe, secure, environmentally friendly and sustainable economic development of international civil aviation. President Buhari made the commitment on...
FirstBank has partnered with JA Africa on Company of the Year (COY) Competition, Africa’s largest high school entrepreneurship competition scheduled to take place in Lagos, Nigeria from 7th to 9th December under the theme, “Fueling Changemakers.” The JA Africa Company of the Year (COY) Competition which returns for the...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has warned about the potential harm of taking part in the Invisible Challenge on short-form video hosting service, TokTok, revealing that it exposes devices to Information-Stealing Malware. An NCC-CSIRT advisory said threat actors have...
By DAVID IORJA, Abuja – President Muhammadu Buhari has declared that the National Agency for Science and Engineering Infrastructure (NASENI), would be a pivotal legacy his administration will bequeath to the next administration in 2023. Speaking Tuesday in Abuja during the commissioning of the President Muhammadu Buhari Technology and...
By JOY ADARA, Abuja – The Debt Management Office (DMO) says the N100billion Federal Government Sukuk put on offer has recorded about 165 per cent oversubscription. The DMO said in a statement on Tuesday in Abuja, that the sovereign sukuk closed on a high note with 165 per cent...
The Nigeria-Morocco Gas Pipeline Project (NMGP) has attained another milestone following the signing of a Memorandum of Understanding (MoU) on the project by Nigeria, Morocco and five West African Countries. The Nigeria National Petroleum Company Limited (NNPC Ltd), Morocco’s ONHYM and the National Oil Companies and commercial entities of...
By PATRICK ABANG, Calabar – Commuters in Cross River State have expressed worry over the worsening insecurity along Calabar-Ikom Highway following an attack on the former Cross River SUBEB boss, Hon Omaga Odo along the Uyanga axis at the weekend. Park operators, mangers, drivers as well as commuters expressed...
Dr Akinwumi Adesina, the President, African Development Bank (AfDB) Group, says that Africans in the diaspora are critical to Africa’s economic development. Adesina said this at the Global Community of Practice (G-COP) policy dialogue being hosted by the bank in Abidjan, Côte d’Ivoire. The dialogue is tagged “Development without...
Mr Tunji Oyebanji, Managing Director 11 Plc, says the huge amount being spent on fuel subsidy by the Federal Government is preventing investments in critical areas of the economy and worsening the unemployment situation in the country. Oyebanji said this at the yearly programme of the Institute of Change...
By CALLISTUS OFFOR, Abuja – The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that diligent implementation of various telecommunications policies, strategies and regulatory frameworks has continued to enhance the nation’s capacity to deepen citizens’ access to digital resources, transform media and knowledge...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has warned that a new Phishing, Attacks Exploit Windows Zero-Day Vulnerability, can load a malicious QBot malware on the compromised device without triggering any Windows security alerts. In its advisory, NCC-CSIRT indicated that the...
Chevron Nigeria Limited, operator of the joint venture between the Nigerian National Petroleum Corporation Ltd., and Chevron has secured a $1.4bn financing to fund for infill drilling programme to run from 2022 to 2026. A statement by CNL’s General Manager Policy, Government and Public Affairs, Mr Esimaje Brikinn on...
Access Bank has unveiled the new W Branded Debit card specifically target at women. The News Agency of Nigeria (NAN) reports that the unveiling took place at the Grand Finale of “W’’ Initiative’s Womenpreneur Pitch-A-THON Season 4 in Lagos on Friday. Launched in 2019, the Womenpreneur Pitch-a-thon programme is...
One of the key things people majorly look out for before investing big in any business is the location. Although, not everyone gets this right. Many have suffered a huge loss because they had a business in a place where their kind of business was not in demand. The...
Vice-President Yemi Osinbajo, on Friday in Abuja inaugurated Omeife, Africa’s first humanoid to boost Artificial Intelligence (AI) and technological development in Nigeria and the continent. Osinbajo was represented by the Minister of Communications and Digital Economy, Prof. Isa Pantami, who in turn was represented by the Director-General, National Information...
The naira on Friday exchanged at 445.33 to the dollar at the Investors and Exporters window, an appreciation of 0.11 per cent, compared with the 445.83 it exchanged on Thursday. The open indicative rate closed at N444.75 to the dollar on Friday. An exchange rate of N447 to the...
Minister of Communications and Digital Economy, Prof. Ali Pantami said that the Federal Government has generated over 500 million dollars from the 5G Spectrum licence auction. He stated this at a news conference on the implication of unauthorised use and sale of private mobile radio, on Friday in Kano....
Chevron Nigeria Ltd. (CNL) says 1.4 billion dollars financing has been secured to fund the Nigerian National Petroleum Corporation (NNPC)/CNL Joint Venture (JV) infill drilling project from 2022 to 2026. CNL’s, General Manager, Policy, Government and Public Affairs, Mr Esimaje Brikinn made the disclosure in a statement on Friday....