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Governor Dapo Abiodun of Ogun state has promised that his administration is committed to making the state an oil producing state. The governor said despite the fact that the state lost a $16 billion Dangote refinery to Lagos state, there are still a lot of ways to take advantage of the rich oil deposit in…
December 28, 2021
The Nigerians in Diaspora Organisation, Europe (NIDOE), Italy Chapter, says it is planning to build a multi-million dollar ‘Diaspora Village’ in Nigeria as part of efforts to encourage Foreign Direct Investment (FDI) into the country. The Chairman of the chapter, Mr George Omo-Iduhon made this known in an interview with the News Agency of Nigeria…
December 27, 2021
Union Bank Nigeria Plc, on Thursday announced that it has reached an agreement to sell a majority stake to Titan Trust Bank Ltd. Titan Trust Bank chaired by former Deputy Governor of the CBN and Chairman of Flutterwave, Mr Tunde Lemo, reached an agreement with Union Bank for the acquisition of a 89.4 per cent…
December 23, 2021
President Muhammadu Buhari has inaugurated Nigeria’s National Development Plan 2021-2025 to succeed the Economic Recovery and Growth Plan (ERGP 2017-2020). Buhari presented the document to the public before the commencement of the Federal Executive Council meeting. The virtual meeting, on Wednesday, held at the Council Chambers of the Presidential Villa, Abuja. While presenting the document,…
December 23, 2021
The Federal Government has introduced a suite of digital Tokens to replace the aging NIN slip and polycarbonate card. The Minister of Communications and Digital Economy, Isa Pantami said this at stakeholders workshop on the National Identification Number (NIN) Tokenization Solution organised by National Identity Management Commission (NIMC) in Abuja. He said government adopted the…
December 22, 2021
The Nigerian Senate, on Wednesday has passed the 2022 budget appropriation bill. The red chamber during today's plenary passed N17.126 trillion as against N16.391 trillion which was presented by President Muhammadu Buhari in October 2021. The Senate while passing the bill also increased the benchmark price of crude from $57 to $62 per barrel. The…
December 22, 2021
Labour and civil society groups have called on the federal government to jettison privatization in the nation’s power and water sectors and instead, sustainably fund the sectors while building the capacity of the workers in the sector to improve service delivery. At a Trade Unions’ Press Briefing with the theme: Promoting Transparency and Decent Work…
December 22, 2021
The Ikoyi Club, an elite social organisation in Lagos has announced the suspension of Mr Modupe Alakija, the husband of billionaire and business mogul, Mrs. Folorunsho Alakija, for allegedly assaulting a fellow member. Mrs. Alakija, a woman of enormous wealth and power, had in 2019 emerged as the richest African woman, according to Forbes Black…
December 22, 2021
The appointment of Ahmad Abdullahi as a non-executive director and chairman of First Bank Holdings PLC has been approved by the Central Bank of Nigeria (CBN). Abdullahi's appointment follows the resignation of Remi Babalola as chairman of the company. Recall Babalola was appointed following the sack of Dr. Oba Otudeko as Chairman of FBN Holdings…
December 19, 2021
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Governor Dapo Abiodun of Ogun state has promised that his administration is committed to making the state an oil producing state. The governor said despite the fact that the state lost a $16 billion Dangote refinery to Lagos state, there are still a lot of ways to take advantage of the rich oil deposit in…
December 28, 2021
The Nigerians in Diaspora Organisation, Europe (NIDOE), Italy Chapter, says it is planning to build a multi-million dollar ‘Diaspora Village’ in Nigeria as part of efforts to encourage Foreign Direct Investment (FDI) into the country. The Chairman of the chapter, Mr George Omo-Iduhon made this known in an interview with the News Agency of Nigeria…
December 27, 2021
Union Bank Nigeria Plc, on Thursday announced that it has reached an agreement to sell a majority stake to Titan Trust Bank Ltd. Titan Trust Bank chaired by former Deputy Governor of the CBN and Chairman of Flutterwave, Mr Tunde Lemo, reached an agreement with Union Bank for the acquisition of a 89.4 per cent…
December 23, 2021
President Muhammadu Buhari has inaugurated Nigeria’s National Development Plan 2021-2025 to succeed the Economic Recovery and Growth Plan (ERGP 2017-2020). Buhari presented the document to the public before the commencement of the Federal Executive Council meeting. The virtual meeting, on Wednesday, held at the Council Chambers of the Presidential Villa, Abuja. While presenting the document,…
December 23, 2021
The Federal Government has introduced a suite of digital Tokens to replace the aging NIN slip and polycarbonate card. The Minister of Communications and Digital Economy, Isa Pantami said this at stakeholders workshop on the National Identification Number (NIN) Tokenization Solution organised by National Identity Management Commission (NIMC) in Abuja. He said government adopted the…
December 22, 2021
The Nigerian Senate, on Wednesday has passed the 2022 budget appropriation bill. The red chamber during today's plenary passed N17.126 trillion as against N16.391 trillion which was presented by President Muhammadu Buhari in October 2021. The Senate while passing the bill also increased the benchmark price of crude from $57 to $62 per barrel. The…
December 22, 2021
Labour and civil society groups have called on the federal government to jettison privatization in the nation’s power and water sectors and instead, sustainably fund the sectors while building the capacity of the workers in the sector to improve service delivery. At a Trade Unions’ Press Briefing with the theme: Promoting Transparency and Decent Work…
December 22, 2021
The Ikoyi Club, an elite social organisation in Lagos has announced the suspension of Mr Modupe Alakija, the husband of billionaire and business mogul, Mrs. Folorunsho Alakija, for allegedly assaulting a fellow member. Mrs. Alakija, a woman of enormous wealth and power, had in 2019 emerged as the richest African woman, according to Forbes Black…
December 22, 2021
The appointment of Ahmad Abdullahi as a non-executive director and chairman of First Bank Holdings PLC has been approved by the Central Bank of Nigeria (CBN). Abdullahi's appointment follows the resignation of Remi Babalola as chairman of the company. Recall Babalola was appointed following the sack of Dr. Oba Otudeko as Chairman of FBN Holdings…
December 19, 2021
