The Central Bank of Nigeria has officially changed the exchange rate of the naira to the dollar from N361 to N379 on its website. The apex bank had earlier expressed its decision to unify the exchange rates in the country as forex scarcity persisted. It was however yet to announce if this would be the […]
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A former Managing Director of Alpha Beta Consulting Limited and Alpha Beta LLP, Mr. Dapo Apara, has called on the new acting Chairman of the Economic and Financial Crimes Commission, Mohammed Umar, to revisit his petition against the company. The former Alpha Beta boss had in July 2018 written a petition against the companies, alleging […]
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No fewer than 14 crude oil export terminals in the country were shut down in April and May this year owing to power outage and pipeline leakage, the Nigerian National Petroleum Corporation has said. According to data in NNPC’s latest monthly report, a total of 4.36 million barrels of oil could not be produced in […]
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Ifie Sekibo,Chief Executive Officer of Heritage Bank Plc, has stated his passion for youth mentorship is hinged on the belief that it is the pathway to the economic development of the country and the African continent. Sekibo, reputed for returning moribund companies to the path of sustained profitability, said he finds it satisfying, mentoring the […]
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The Peoples Democratic Party National Campaign Council for Edo State governorship election counsels the former Governor of Lagos state, Asiwaju Bola Tinubu, to stop whining over the failure of the coup against the Edo state House of Assembly by the All Progressives Congress (APC). The PDP Campaign said the whining by Asiwaju Tinubu has further […]
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Edo State Deputy Governor, Philip Shaibu, has raised the alarm over the importation of assassins by the sacked national chairman of the All Progressives Congress (APC), to assassinate some individuals in the state. Speaking to journalists in Benin City, the Edo State capital, Shaibu said the mode of entry and activities of the suspected […]
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The United States (U.S.) National Counterintelligence and Security Centre has alleged that China, Russia and Iran were interfering in the 2020 electoral process. Director of the centre, Mr Willian Evavina, said in a statement that the findings were part of a report on foreign election interference released on Friday. Evavina alleged that while China was […]
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Former governorship candidate of the Peoples Democratic Party (PDP) in Ogun State and former Senator representing Ogun East in the National Assembly, Buruji Kashamu, is dead. He died on Saturday at the First Cardiology Consultants Hospital in Lagos. His friend and former colleague at the Upper Chamber, Senator Ben Murray-Bruce, confirmed on Twitter. Murray-Bruce wrote: […]
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The Nigerian National Petroleum Corporation (NNPC) said on Saturday, that it had reached an agreement with its partners, China National Offshore Oil Company (CNOOC) and South Atlantic Petroleum (SAPETROL), to settle all outstanding issues surrounding the development of Oil Mining Lease (OML) 130. The corporation stated that the move was part of efforts to meet […]
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The Presidency has called on the Peoples Democratic Party (PDP) to sack its governors and senators facing charges of corruption before criticising President Muhammadu Buhari’s endorsement of Edo governorship candidate of the All Progressives Congress (APC), Osagie Ize-Iyamu. The president had on Friday endorsed Ize-Iyamu as the candidate of the APC in the September 19 […]
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Ifie Sekibo, Chief Executive Officer of Heritage Bank Plc, has stated his passion for youth mentorship is hinged on the belief that it is the pathway to the economic development of the country and the African continent. Sekibo, reputed for returning moribund companies to the path of sustained profitability, said he finds it satisfying, mentoring […]
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Shareholders of Seplat Petroleum Development Company Plc have expressed optimism that the new chief executive officer (CEO) of the company, Mr. Roger Brown, will improve on the fortunes of company and deliver more value to all stakeholders. Roger, who was the chief financial officer (CFO) of Seplat, resumed office as CEO August 1, 2020, following […]
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