BUSINESS
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NDIC set to pay 100% liquidation dividends of 20 failed banks
The Nigeria Deposit Insurance Corporation (NDIC) says it is prepared to conduct 100 percent liquidation dividend payments worth N16.18 billion…
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Ighodalo resigns as Nigerian Breweries’ Chair, Hiemstra steps in
Mr Asue Ighodalo has resigned his appointment as Chairman of Nigerian Breweries Plc. The company has announced changes to the…
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REA, NASENI sign $150m battery manufacturing deal with China
The Rural Electrification Agency (REA) and the National Agency for Science and Engineering Infrastructure (NASENI) has signed a 150 million…
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NCC focused on promoting healthy competition, says Maida
Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has said the commission is focused on promoting…
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NLNG wins NECA’s CSR Award for unparalleled commitment to CSR initiatives
The Nigeria Employers’ Consultative Association (NECA) has conferred Nigeria LNG Limited (NLNG) the Investment in Societal Renewal and Corporate Social…
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Dangote Refinery receives 1m barrels crude oil, set for production
Reports by Arise News indicate that Africa’s largest refinery, the $20bn Dangote Refinery is finally set to commence fuel production…
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ECA calls for climate financing, accelerating SDGs implementation
The Economic Commission for Africa (ECA), has emphasised the need to ensure that climate finance from both the public and…
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FCTA set to disburse $4.5m World Bank grant to 12,283 farmers
The Federal Capital Territory Administration (FCTA) says it will disburse $4.5 million World Bank grant to 12,283 famers and upgrade…
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Why NIBSS is switching off non-deposit coys from funds transfer
The Nigeria Inter-Bank Settlement System (NIBSS) says it is clamping down on unlicensed financial services companies posing as deposit-taking institutions…
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Grant operational access to stevedoring contractors, NIMASA tasks private jetties, oil/gas terminals
The Nigerian Maritime Administration and Safety Agency (NIMASA) has urged private jetties operators as well as oil and gas terminals…
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