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SEC threatens Ponzi Scheme operators, shifts focus to Non-Interest…
The Securities and Exchange Commission (SEC) has said it will now shift its focus on encouraging states of the federation and…
BUA signs deal with Turkish firm to build 2400TPD flour mills
One of Nigeria’s foods and manufacturing conglomerate, BUA has sealed an agreement with Milleral of Turkey to build its newest…
Ecobank launches Virtual Card for online payments
Ecobank has launched the virtual card, a digital payment solution for safe online payments, integrated into its digital banking…
Chevron sells 40% stake in OMLs 86, 88 to Conoil
Chevron has reportedly divested its last stake in old oil assets located in Nigeria’s shallow waters; Oil Mining Licenses (OMLs)…
Nigeria’s Power Generation Marks Another Peak of 5,420.30MW
The Nigerian power industry has achieved an improved all-time national peak of 5,420.30 megawatts (MW) which was effectively…
Nigeria exceeds OPEC Production Target by 110,000 bpd
Nigeria exceeded the volume of crude oil it was allowed to produce between May 2020 and July 2020 by 111,000 barrels per day.…
Nigeria’s economy needs ‘soft rebooting’ — Pantami
The Minister for Communications and Digital Economy, Dr Isa Pantami, said that Nigeria needed to reboot its ecosystem with digital…
NPDC to stop gas importation with 500,000bpd LPG production – Kyari
The Group Managing Director of Nigerian National Petroleum Corporation, Mele Kyari, has disclosed that the Nigerian Petroleum…
FG, States, LGs share ₦676.407bn for July 2020
The Federation Accounts Allocation Committee (FAAC) has shared a total of ₦676.407 billion for July 2020 to the Federal, State,…
NNPC joins EITI for greater transparency
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it has become an Extractive Industries Transparency…