The Group Chief Executive Officer, Nigerian National Petroleum Company Ltd. (NNPCL), Mele Kyari, has reiterated the organisation’s commitment to advancing local content development in Nigeria’s energy sector and driving sustainable growth of the industry. According to a statement signed by the Chief Corporate Communications Officer, NNPCL, Olufemi Soneye, Kyari disclosed this at the ongoing 13th…
Barbara Bako, Abuja. The Development Bank of Nigeria Plc (DBN) has won the Financial Inclusion Leadership Award, which recognises the Bank’s continuous commitment to promoting access to credit for Nigerian micro, small, and medium-sized firms (MSMEs). The honour was given to DBN at the “Champions of Inclusion Nigeria Financial Inclusion Awards” held during the recently…
The Oyo State government and some stakeholders have advocated for the quick passing of the National digital economy and e-governance bill to ensure accountability and transparency in governance. The stakeholders who gathered in Ibadan on Tuesday, said the Bill would smoothen government activities and boost government-citizen engagement. This was the submission of speakers at a…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR), to 27.50 percent from the initial 27.25 percent which serves as the benchmark for interest rates in the country. The decision was announced by the CBN Governor, Olayemi Cardoso, during a press briefing on Tuesday following…
The Nigeria National Petroleum Company (NNPCL), has confirmed that the Port Harcourt Refinery has commenced crude oil processing targeting an output of 60,000 barrels per day (bpd). According to Olufemi Soneye, the Chief Corporate Communications Officer of (NNPCL), revealed that the River State-based refinery will operate at 60 percent capacity. Soneye confirmed that the refinery…
Access Bank Plc has denied allegations of missing funds running up to N500 million as well as unethical behaviour by the bank. In a statement issued by the bank on Sunday, Access Bank said its attention had been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been…
The Dangote Petroleum Refinery on Sunday announced a reduction in its price of the Premium Motor Spirit (PMS), also known as petrol, to ₦970 per litre for oil marketers. The company’s Chief Branding and Communications Officer, Anthony Chiejina, disclosed this in a statement. He said the decision is the refinery’s way of appreciating Nigerians “for…
… Exploring the future with AI Zenith Bank PLC has announced The Fourth Edition of it annual Zenith Tech Fair programe with the theme, “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI,” is set to take place this Thursday at the Eko Convention Centre, Eko Hotels & Suites, Victoria…
*** Says ‘Grand Challenges Nigeria’ an avenue to promote groundbreaking research, local expertise Vice President Kashim Shettima has launched ‘Grand Challenges Nigeria’ (GCNg), a national innovation programme aimed at revolutionising Nigeria’s healthcare landscape through locally-developed solutions. The initiative, which is part of the global Grand Challenges network, will focus on maternal and child health challenges…
FirstBank has empowered 10 promising startups with N29.5 million in funding at its just concluded Fintech Summit 6.0. Themed Banking on Partnerships, the event highlights the bank’s role in shaping Nigeria’s fintech landscape and championing entrepreneurial innovation. The two-day event, held on November 13 and 14, 2024, at the Lagos Continental Hotel, showcased transformative ideas…
