Business

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has fined Binance, a popular cryptocurrency platform, “$6 million for violating the country’s money laundering and terrorist financing laws”. According to international media, the fine is valued in Canadian dollars, bringing the total amount to USD4.38 million when converted. In a recent statement on its …

The Executive Vice Chairman of Globacom, Mrs. Bella Disu, says the company is poised to help drive the realization of the Federal Government’s digitalization agenda. She stated this at the launch of Nigeria’s Digital Economy Report themed ‘Driving Economic Growth through Digital Transformation’ on Thursday at the Transcorp Hilton Hotel, …

  Daniel Oyekan Daniel Oyekan has established BlockFinex as a major player in the world of cryptocurrency, offering users an easy and secure way to trade both crypto and fiat currencies. His vision for BlockFinex is rooted in his desire to create a seamless, user-friendly platform that simplifies the complex …

From left: Permanent Secretary Ministry of Energy and Mineral Resources, Engr(Mrs ) Sholabomi Shashore; Special Adviser to Governor on Mineral Resources, Engr. Abiola Olowu; Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye and Commissioner for Information and Strategy, Mr. Gbenga Omotoso, during the Ministerial Press Briefing by the Ministry …

… Applauds NUPRC’s Role In Opening Up Oil And Gas Industry With Regulation Chevron Nigeria Limited said it is excited about improved regulations for the oil and gas industry and will continue to partner with the Nigerian National Petroleum Company Ltd in developing gas resources in Africa’s biggest economy. The …

Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financial year to NGN4.00 per share, with a …

  10th edition of Africa Magic Viewers Choice Awards (AMVCA) The lineup of activities for the 10th Africa Magic Viewers’ Choice Awards (AMVCA) begins on Friday, May 10, 2024, with the Cultural Day event. The Cultural Day event will formally kick off the series of activities preceding the Award Night …

Chairman and Managing Director of Chevron, Jim Swartz , Minister of State Petroleum, Heineken Lokpobiri, Executive Vice President Upstream of the NNPCL, Oritsemeyiwa Eyesanand Chairman of PETAN, Engr Wole Ogunsanya At PETAN Award Dinner 2024 In Houston, Texas USA … Predict Rise In Oil Production HOUSTON: The Nigerian Upstream Petroleum …

The Central Bank of Nigeria building CBN, FCT, Abuja The Central Bank of Nigeria has released the list of transactions exempted from the new 0.5% cybersecurity levy imposed by the apex bank. A circular from the apex bank on Monday, May 6 had stated the levy would commence in two …

The figures, announced in the just published 2023 Shell Briefing Notes, showed that the SPDC paid $442m, while SNEPCo remitted $649m. Shell Nigeria has said it exclusively paid a total of $1.09billion in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum …