The Nigerian Association of Small and Medium Enterprises (NASME) says 84 individuals and organisations are to receive its Micro Small and Medium Enterprises (MSME) impact awards. A statement issued on Friday by the President and Chairman of the Governing Council of NASME, Dr Abdulrashid Yerima, described the MSMEs impact...
BUSINESS
The morale of staff of the Nigerian National Petroleum Company Limited (NNPCL) was boosted within the week as the House of Representatives declared support to the quest by the company to embark on the rehabilitation of the nation’s refineries. The support was declared by the house ad hoc Committee...
By CALLISTUS OFFOR, Abuja – The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, Thursday in Abuja, told a gathering designed for State Governors that the potentials of broadband are so enormous that if made available for their citizens, will be the best gift for their...
First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in the country. The products: Petroleum Dealership Finance (PDF), Operational Vehicle Finance (OVF) and Commercial Mortgage will strengthen the capacity of businesses to meet their immediate...
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline has been going for some days. The SPDC’s Media Relations Manager, Mrs Abimbola Essien-Nelson, confirmed this to the News Agency of Nigeria (NAN) on Friday in Lagos. NAN...
The House of Representatives Committee on Aviation has queried the partnership between Nigeria and Ethiopia on the Nigerian Air project. The lawmakers, who raised their concerns at a public hearing on Thursday in Abuja, said that they were determined to protect national interest. Rep. Preye Oseke (PDP-Bayelsa) said that...
The Central Bank of Nigeria (CBN) and the has announced the sale of Polaris Bank to a new core investor, Strategic Capital Investment Ltd. (SCIL). A statement signed by Mr Osita Nwanisobi, Director, Corporate Communications and posted on CBN website on Thursday, said the sale was concluded after a...
The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, in conjunction with Bankers’ Committee will soon float a national card scheme to improve the payment system in Nigeria. Mr Premier Oiwoh, Managing Director, NIBSS, said this at a Bankers’ Committee press briefing on Thursday. He...
By CALLISTUS OFFOR, Abuja – MTN Nigeria Communications PLC has announced the commencement of the MTN Pulse Blow My Hustle initiative at a press launch on Wednesday, October 19, 2022. The Blow My Hustle campaign aims to empower young Nigerians with viable businesses through capacity building and grants. According...
Latest Job Vacancies in Nigeria Today CLICK HERE TO JOIN OUR TELEGRAM CHANNEL Entry Level Architect Recruitment at Owens and Xley Consults IT Support (Entry Role) Recruitment at Workforce Group Ongoing Recruitment at Golden Oil Industries Limited Graduate Trai.nee Recruitment at FHON Consulting Administrative Officer Job at Craftycle Limited...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications (NCC) has ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data services. This is according to a statement issued by The NCC Director of Public Affairs, Reuben Muoka on Wednesday in Abuja....
The African Development Bank (AfDB), says mitigating climate change requires urgent and significant reductions of greenhouse gas (GHG) emissions by the petroleum sector. Elisabeth Mitchell, Independent Advisor and Consultant to the AfDB said this during a PowerPoint presentation on Wednesday. The presentation was made at the Knowledge Sharing Webinar...
President Muhammadu Buhari has directed the aviation ministry to ensure that the planned national air carrier, Nigeria Air, commences operations before the end of 2022. The president said this at the closing ceremony of the 2022 Ministerial Performance Review Retreat in Abuja. ”In line with the outcome of the...
Some financial analysts have urged the Federal Government to raise the nation’s oil production to OPEC quota, as panacea to ensure fiscal sustainability and reduce the proposed budget deficit. They made the appeal in separate interviews with the News Agency of Nigeria (NAN) on Wednesday in Lagos. Prof. Sherifdean...
By JOY ADARA, Abuja – Minister of State Petroleum Resources, Chief Timipre Sylva has said that the decision by the Organization of Petroleum Exporting Countries (OPEC) to cut two million barrels of crude oil production was a unanimous one. Chief Sylva, who stated this in a statement issued on...
The BUA Group on Tuesday said it was no longer interested in the 50,000 hectares of land allocated to it in 2012 due its inaccessibility and unviability for business. “You can go ahead and revoke the Certificate of Occupancy Nos.KG.11713 as we are not interested,” BUA Group stated in...
The Nigeria Liquefied Natural Gas (NLNG), has declared force majeure on products supplied from its production facilities on Bonny Island in Rivers. Mr Andy Odeh, NLNG’s General Manager, External Relations and Sustainable Development said this in a statement in Port Harcourt on Tuesday. The News Agency of Nigeria (NAN)...
The Liquified Petroleum Gas Retailers (LPGAR) says the shutting down of the Nigeria Liquefied and Natural Gas (NLNG) processing plant may lead to increase in cooking gas price. Mr Umudu Michael, National Chairman, LPGAR, branch of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), told the News Agency...
By OLA MUDOPE, Lagos – Ethiopian Airlines and Boeing [NYSE: BA] on Tuesday celebrated the 10th anniversary of the first 787 Dreamliner delivery to the African carrier. Over the past decade, Ethiopian airlines have utilized the outstanding capabilities of the 787 to sustainably grow its long-haul network across the...
First let me pay glowing tribute and commendation to the National President of PENGASSAN and his executives for organizing this event and their constructive roles in ensuring industrial peace and harmony in the Nigerian oil and gas industry, especially at a time when the industry is challenged by global...