The Nigerian National Petroleum Corporation (NNPC) has said its repayment of the about $5 billion negotiated joint venture cash call debts owed to International Oil Companies (IOCs) over the years was now stirring the confidence of investors in Nigeria’s upstream oil sector. It also said it would look inwards to …
Read More »FCMB’s UK Subsidiary Expands Banking Proposition
FCMB Bank (UK) Limited has disclosed that it recently obtained a variation of its banking permission to include retail (investments) services. The permission was granted by the Prudential Regulation Authority at the Bank of England, and became effective recently.With this, the bank explained that individuals and businesses that seek to …
Read More »NCAC Showcases Nigeria’s Art and Culture in Russia
Tourists and football fans across the world are swamping around an ongoing art and culture exhibition centre set up by the National Council for Arts and Culture (NCAC) in Moscow, Russia.While the players are exhibiting their talents and projecting Nigeria’s football prowess, so also is the Director General of NCAC, …
Read More »Nigeria vs Argentina: Drogba warns Eagles against defensive approach
Didier Drogba Former Ivory Coast captain Didier Drogba has …
Read More »Fight for Your Future, Omoyeni Tells Ekiti People
Fayemi in a handshake with Fayose. The candidate of the Mega Party of Nigeria in the July 14, 2018 gubernatorial election in Ekiti State, Mr. Adebisi Omoyeni has called on the people of the state to fight for their future and that of their children in their choice of the …
Read More »Age falsification: Buhari sacks Border Communities Development Agency boss
President Muhammadu Buhari has fired Director of the Border Communities Development Agency (BCDA), Mrs. Olutayo Odumosu over allegation of age falsification, with effect from Wednesday, 20th June 2018. Mrs Agnes A. Aremu is now to oversee the affairs of the agency pending the appointment of a substantive Chief Executive Officer, we gathered from …
Read More »Why Abaribe was arrested by DSS – Lawyer
The lawyer to the detained representative of Abia South Senatorial District, Senator Enyinnaya Abaribe, Chukwuma-Machukwu Ume (SAN), has said his client’s allegation of illegal insertion of N30 billion into the budget of the Ministry of Power without his committee’s knowledge was one of the issues that landed him in trouble. …
Read More »Coronation Merchant Bank ’s Commercial Paper records over 180% subscription
Coronation Merchant Bank Limited, a leading investment bank in Nigeria, has recorded a very strong performance in its inaugural Commercial Paper issuance. The Bank set out to raise the sum of NGN15 billion on the first tranche under its NGN100 billion Commercial Paper Programme. It received commitments of over …
Read More »Fayose can only vote and return to Afao on election day —Fayemi
The All Progressives Congress governorship candidate in Ekiti, Dr. Kayode Fayemi, has said Governor Ayodele Fayose will not be allowed to move about on the election day of July 14. He assured the people of adequate security on the day, urging them to come out en-mass to perform their civic …
Read More »How FG’ll raise N9.1tn to fund 2018 budget – Udoma
The Minister of Budget and National Planning, Udo Udoma, has explained how the N9.1tn revenue to finance the 2018 budget will be raised by the Federal Government. Speaking during the public presentation of the 2018 budget on Thursday in Abuja, Udoma expressed optimism that the government would be able to …
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