Ad
Less than two days after its launch by the Central Bank of Nigeria (CBN), the eNaira application has been removed from Google Play Store after series of complaints by users. The digital currency has two applications, which are eNaira speed wallet and eNaira merchant wallet. They were rolled out on the Google play store and…
October 28, 2021
...While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing ...Without a significant uptick in investment, demand for oil and gas will surpass supply in the not-so-distant future ...This disconnect between the political desire for less fossil fuels and the global hunger for fossil fuels…
October 27, 2021
The Nigerian Exchange Limited (NGX) has disclosed that it received information that Nigerian business mogul, Femi Otedola has acquired substantial shareholding in First Bank of Nigeria Holdings. The NGX confirmed that it received notification that Otedola, the Chairman of Calvados Global Services Limited has acquired 5% equity shares in First Bank, making him the bank’s…
October 23, 2021
The Minister of Power, Mr Abubakar Aliyu, has directed the early completion of the Zungeru Power Plant in Niger State. Mr Odutayo Oluseyi, Assistant Director Press, Ministry of Power, made this known in a statement in Abuja on Friday. Aliyu spoke while receiving the consultants and contractors, Messrs. CNEEC-Sinohydro consortium in charge of Engineering, Procurement…
October 23, 2021
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Mr Haruna Mustafa, said this at the 2021 Financial Correspondents Association of Nigeria (FICAN) workshop in Ibadan on Friday. Mustapha, represented by Mr Adekunle Adeniji, the…
October 23, 2021
Back in April 2020, the landlocked West Texas Intermediate crude oil price briefly crashed into negative territory - a stunning turn of events that cost traders massive losses - when the spot oil market found itself with an unprecedented glut as there was literally too much oil to be stored, and as such those traders…
October 22, 2021
The Africa Climate Justice Group (ACJG), a coalition of 17 movement-based organisations in Africa is set to orgainse a counter Conference of the Parties (COP) on Climate Change ahead of the United Nations' main event -- the COP26 in Glasgow, United Kingdom. The group in a statement made available to The New Diplomat said the counter COP…
October 22, 2021
Brent oil futures topped $85 a barrel for the first time since October 2018, the latest milestone in a global energy crunch that has seen prices soar. Crude futures have jumped in recent weeks as natural gas prices hit records. On Thursday, the International Energy Agency said the crisis is spilling into oil markets and…
October 16, 2021
The Accountant-General of the Federation (AGF), Alhaji Ahmed Idris, has reaffirmed the Federal Government’s commitment to deepening transparency, accountability and efficiency of public resources for common good. Idris, represented by Mr Salawu Zubairu, the Director in-charge of Consolidated Account at the Office of the AGF, said this at the closing ceremony of the two-day 2021…
October 15, 2021
Advert
Ad
Less than two days after its launch by the Central Bank of Nigeria (CBN), the eNaira application has been removed from Google Play Store after series of complaints by users. The digital currency has two applications, which are eNaira speed wallet and eNaira merchant wallet. They were rolled out on the Google play store and…
October 28, 2021
...While oil and gas companies come under pressure to reduce production, the world’s thirst for new supply is only growing ...Without a significant uptick in investment, demand for oil and gas will surpass supply in the not-so-distant future ...This disconnect between the political desire for less fossil fuels and the global hunger for fossil fuels…
October 27, 2021
The Nigerian Exchange Limited (NGX) has disclosed that it received information that Nigerian business mogul, Femi Otedola has acquired substantial shareholding in First Bank of Nigeria Holdings. The NGX confirmed that it received notification that Otedola, the Chairman of Calvados Global Services Limited has acquired 5% equity shares in First Bank, making him the bank’s…
October 23, 2021
The Minister of Power, Mr Abubakar Aliyu, has directed the early completion of the Zungeru Power Plant in Niger State. Mr Odutayo Oluseyi, Assistant Director Press, Ministry of Power, made this known in a statement in Abuja on Friday. Aliyu spoke while receiving the consultants and contractors, Messrs. CNEEC-Sinohydro consortium in charge of Engineering, Procurement…
October 23, 2021
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Mr Haruna Mustafa, said this at the 2021 Financial Correspondents Association of Nigeria (FICAN) workshop in Ibadan on Friday. Mustapha, represented by Mr Adekunle Adeniji, the…
October 23, 2021
Back in April 2020, the landlocked West Texas Intermediate crude oil price briefly crashed into negative territory - a stunning turn of events that cost traders massive losses - when the spot oil market found itself with an unprecedented glut as there was literally too much oil to be stored, and as such those traders…
October 22, 2021
The Africa Climate Justice Group (ACJG), a coalition of 17 movement-based organisations in Africa is set to orgainse a counter Conference of the Parties (COP) on Climate Change ahead of the United Nations' main event -- the COP26 in Glasgow, United Kingdom. The group in a statement made available to The New Diplomat said the counter COP…
October 22, 2021
Brent oil futures topped $85 a barrel for the first time since October 2018, the latest milestone in a global energy crunch that has seen prices soar. Crude futures have jumped in recent weeks as natural gas prices hit records. On Thursday, the International Energy Agency said the crisis is spilling into oil markets and…
October 16, 2021
The Accountant-General of the Federation (AGF), Alhaji Ahmed Idris, has reaffirmed the Federal Government’s commitment to deepening transparency, accountability and efficiency of public resources for common good. Idris, represented by Mr Salawu Zubairu, the Director in-charge of Consolidated Account at the Office of the AGF, said this at the closing ceremony of the two-day 2021…
October 15, 2021
