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NAICOM Grants Operational License to CHI Life Insurance for Life Insurance...
By Niyi JacobsThe National Insurance Commission (NAICOM) has officially granted an operational license to CHI Life Insurance Company, enabling the firm to commence life...
Banking & Finance
Economy
Nigerians Decry Soaring Fuel Prices Despite Dangote, Port Harcourt Refineries
By NIyi JACOBS
Nigerians have expressed growing frustration over the unrelenting increase in fuel prices, despite the operational status of the Dangote and Port Harcourt...
Technology
NNPC Upstream EVP Urges Improved Governance, Transparency in Oil Sector
NIyi JACOBS
The Executive Vice President of Upstream at NNPC Ltd, Mr. Udobong Ntia, has called on stakeholders in Nigeria’s oil and gas industry to...
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Fidelity Bank, Others To Stop Accepting Old £20, £50 Notes From Dec 31
By Abiodun Jimoh
Banks in Nigeria will stop accepting old £20 and £50 notes from December 31, 2021.This is to enable proper conclusion of cash...
NNPC Ltd Launches Five Mini-LNG Plants in Ajaokuta
Abiodun JIMOH
NNPC Ltd, in partnership with private investors, has launched five mini-Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State. The plants, with a...
FAAC Allocates ₦1.678trn to Government Tiers for February 2025
In March 2025, the Federation Account Allocation Committee (FAAC) convened in Abuja to distribute ₦1.678 trillion among the federal, state, and local governments, reflecting...
UBA Announces Appointment of Henrietta Ugboh as Non-Executive Director
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..Owanari Duke Retires from Group Board
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent...
News
CBN Injects $876m into FX Market, Introduces New Mechanism to Boost Liquidity
By Niyi Jacobs
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to supporting the foreign exchange market by providing liquidity when necessary....
CBN mutes over Cardoso, Deputies Accused of Lavish Spending on vehicles
The Central Bank of Nigeria (CBN) is facing controversy after allegations surfaced that its Governor, Yemi Cardoso, and his four deputies purchased six armored...
Oyo Govt Vows to Prosecute Killer of OYRTMA Officer
The Oyo State Government, on Monday vowed to prosecute a reckless driver found culpable in the death of an officer of the state’s traffic...
G20: Tinubu Seeks Scholz Support in Power, Rail Transportation Investment
… Signs $500 million energy deal with Germany
President Bola Tinubu met with German Federal Chancellor, Olaf Scholz, where he discussed Nigeria’s determination to pursue German...
Customs, FIRS Forge Alliance to Deliver National Single Window
The Nigeria Customs Service (NCS) and the Federal Inland Revenue Service (FIRS) have strengthened collaboration to fast-track the implementation of the Nigerian National Single...
Investments
Coca-Cola’s Packaging Hub Earns Minister’s Praise for Driving Sustainability
The Minister of State for Industry, Senator John Owan Enoh, has commended the Coca-Cola System for its investment in a Packaging Collection Hub, describing...
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