By Obas Esiedesa, Abuja Nigeria’s total oil production, comprising crude oil and condensates, increased by 2.2 per cent in May to 1.70 million barrels per day (bpd),...
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has banned closely linked financial entities from extending loans or guaranteeing the obligations of one another without the...
First City Monument Bank (FCMB) Limited has appointed Mr. Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors, following approval from the...
By Emeka Anaeto, Business Editor The implementation of the fourth edition of the Foreign Exchange Manual by the Central Bank of Nigeria (CBN) recently launched in...
•Lauds Lagos on industrial, digital transformation By Emeka Anaeto The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has disclosed that the continental trade...
By Martha Godwin Electricity Distribution Companies (DisCos) in Nigeria have been mandated to implement fresh technical, commercial and reporting obligations following the introduction of the Nigerian Electricity...
By Rosemary Iwunze Shareholders of AIICO Insurance Plc has given the company approval to pay dividend of 12 kobo per share, amounting to N4.4 billion. At the...
By Cynthia Alo The National Inland Waterways Authority, NIWA, has warned cargo barge operators against the dangerous practice of overloading containers beyond approved limits, saying the...
By Progress Godfrey The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Tourism Development Authority (NTDA) have pledged to work together to protect consumers,...
By Emma Ujah, Abuja Bureau Chief The Nigeria Revenue Service (NRS) has unveiled Rev360, its next-generation digital tax administration platform designed to deliver a more integrated, intelligent,...