SECTORS

Kyari: FG To Continue To Determine Petrol Prices Despite NNPC’s Transition To Commercial Entity

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has maintained that determination of fuel prices would continue to be a decision by the federal government despite the firm’s transitioning to a commercial entity.…

18/07/2022

Nigeria’s Inflation Hits 18.6% In June

Nigeria’s inflation rate increased to 18.60 per cent in June, up from 17.71 per cent in the previous month, the National Bureau of Statistics (NBS) said on Friday. The new rate is 0.84 per cent points higher compared to the rate recorded…

15/07/2022

Eurobond Not Major Source Of Government Debt Funding — DMO

Nigeria’s “appetite” for Eurobonds has stoked controversy between the manager of the nation’s debts and the Monetary Policy Committee of the Central Bank of Nigeria (CBN). Details of the members’ comments at the May 2022 meeting of the MPC have shown that some…

15/07/2022

Crude Oil Theft: Joint Ventures Are Most Hit, Bleeding, Says Akabueze

The Director General, Budget Office of the Federation, Ben Akabueze, yesterday stated that Joint Ventures (JVs) are bleeding the most as a result of rising crude oil theft and rampant destruction of oil production facilities across the country. Speaking at the Lagos…

15/07/2022

NIMASA To Deploy 2 Special Mission Aircrafts To Fight Oil Theft — Jamoh

Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Bashir Jamoh, has given assurances that two special mission aircrafts in the Deep Blue Project fleet of the agency will be deployed to fight oil theft and protect the nation’s…

15/07/2022

Dangote Cement Signs Five-Year Agreement On Development With Host Communities In Lagos

Dangote Cement Plc says it has signed a five-year community development agreement (CDA) with its Ibese plant host communities in Lagos. Azad Nawabuddin, Ibese plant director, Dangote Cement, disclosed this on Thursday in a statement signed by Francis Awowole-Browne, media and communication relations…

15/07/2022

N29BN Ground Rent Debt: Asokoro, Maitama Property Owners, Highest Debtors

Property owners in the affluent Asokoro, Industrial Area II, and Maitama Districts are the highest debtors, owing 10.67, 9.43, and 9.29 per cent of the total amount owed, respectively, as the Coordinating Committee on the Recovery of Outstanding Ground Rents of N29,506,643,943.98…

14/07/2022

Court Order: NCP Gives Reason For Board Composition Of BEDC, Others

The National Council on Privatisation (NCP) has explained that the Board composition of Benin Electricity Distribution Company (BEDC) and the other four DisCos was concluded three days before the Federal High Court issued an interim order. The explanation came after the NCP’s…

14/07/2022

NCC: 6,877 Subscribers Ported To Other Networks In Three Months

The recent statistics released by the Nigerian Communications Commission (NCC) has revealed that a total of 6,877 subscribers changed their mobile lines from one network to another between March and May 2022, in search of better service quality. Among those that ported their…

13/07/2022

CBN Seeks Proper Disclosure, Fraud Prevention Mechanism On Digital Financial Services

The Central Bank of Nigeria (CBN) has directed financial institutions and payment service providers to do more to enhance transparency and proper disclosure of Digital Financial Services (DFS) going forward. The apex bank also mandated deposit money banks (DMBs), merchant banks, Other…

13/07/2022

SECTORS

Kyari: FG To Continue To Determine Petrol Prices Despite NNPC’s Transition To Commercial Entity

Nigeria’s Inflation Hits 18.6% In June

Eurobond Not Major Source Of Government Debt Funding — DMO

Crude Oil Theft: Joint Ventures Are Most Hit, Bleeding, Says Akabueze

NIMASA To Deploy 2 Special Mission Aircrafts To Fight Oil Theft — Jamoh

Dangote Cement Signs Five-Year Agreement On Development With Host Communities In Lagos

N29BN Ground Rent Debt: Asokoro, Maitama Property Owners, Highest Debtors

Court Order: NCP Gives Reason For Board Composition Of BEDC, Others

NCC: 6,877 Subscribers Ported To Other Networks In Three Months

CBN Seeks Proper Disclosure, Fraud Prevention Mechanism On Digital Financial Services

Subscribe to our Newsletter

Stay updated with the latest legal insights, news, and resources delivered straight to your inbox.

Best Choice for Creatives