ABUJA— Seventeen political parties participating in the forthcoming Governorship election in Edo state have nominated only 44,687 of the 80,410 agents required for the elections. Data released by the Independent National Electoral Commission INEC on Thursday and signed by Sam Olumekun, it’s National Commissioner in charge of Information and Voter …
Read More »Naira rises to N1,590/$ in parallel market
The Naira yesterday appreciated to N1,590 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,596.52 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,593.62 per …
Read More »UBA Partners NBA Young Lawyers Forum, to Foster Professional Growth of 50,000 Practitioners
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 young legal practitioners across Nigeria, by way of academic sponsorships as well …
Read More »Dangote clarifies its stand on crude supply to its Refinery
Our attention has been drawn to media reports alleging that the Dangote Refinery has backtracked by acknowledging that NNPC supplied about 60% of the 50 million barrels we lifted. To clarify, we have never accused NNPC of not supplying us with crude. Our concern has always been NUPRC’s reluctance to …
Read More »Glo, LASG Launch M-Agric Lottery Service to Enhance Food Sufficiency, Empower Farmers
Digital services and telecommunications company, Globacom, has unveiled M-Agric, an agricultural support service that guides users through practical, step-by-step processes of managing successful farming businesses across Livestock, Aquaculture, Cash Crops and Value-Additions. In a statement in Lagos, Globacom said it partnered with the Lagos State Ministry of Agriculture on the …
Read More »OPEC says Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry
…It is a big plus to Nigeria’s economy The Organisation of Petroleum Exporting Countries, OPEC, has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil. OPEC in its newly released monthly Oil …
Read More »ZENITH BANK BOOSTS SHARE OFFERING WITH HUGE DISCOUNTS
Zenith Bank Plc is offering its ongoing hybrid rights and public offers at the bank’s lowest price range, locking in about 32 per cent gain in potential immediate return for existing shareholders and new investors. Nigeria’s largest bank by profit, Zenith Bank is offering a rights issue of 5.233 billion …
Read More »Eti Osa Council Partners Entafield Clinic for ‘Smile Lagos: 1000 Denture Project,’
Eti Osa Local Government has inked Entafield Dental Clinic to launch the ‘Smile Lagos: 1000 Denture Project,’ a free dental care outreach program aimed at transforming the lives of over 1,000 Lagosians. The initiative that is designed to enhance smiles and boost the confidence of residents by providing top-quality dental …
Read More »N50 million to be won at Stanbic IBTC Pension Managers’ 2024 FUZE Talent Show
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has announced the eagerly awaited third season of the FUZE Talent Show with the theme, ‘Light it Up.’ Building on the success of the second season, FUZE Talent Show 3.0 is bigger and better with a jaw-dropping N50 million prize money. …
Read More »MTN Nigeria loses N519bn in six months due to inflation, weak naira
Nigeria Communications Plc reported a loss after tax of $519.1 billion for the first half of 2024, due to record-high inflation and a weaker naira. This disclosure was made in its financial results for the period ending June 2024, according to an e-copy of the report obtained by The …
Read More »