archiveJuly 6, 2016

The Central Bank of Nigeria (CBN) has come out strongly to condemn the speculations going round that some deposit money banks in the country are distressed. The apex bank in a press release signed by its Acting Director, Corporate Communications, Mr. Isaac Okorafor  the CBN said its attention  has been...

Oil prices retreated in Asia on Tuesday, with Brent easing below $50 on news of increased production from Nigeria following the repair of infrastructure damaged in militant attacks. Nigeria, Africa’s biggest producer, pumped an average 1.53 million barrels a day last month, up around 990,000 a day from May, according...

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Department of Petroleum Resources (DPR) and  Petroleum Products Pricing Regulatory Agency (PPPRA), have signified their plans to embark on strike and shutdown of the operations and activities in the oil and gas industry. In a press statement signed by...

...Akinola, others to shun Akwa Ibom meeting A former President of the Christian Association of Nigeria (CAN), Most Rev. Peter Akinola and many other religious leaders have declined to attend the meeting of Christian elders scheduled for Uyo, Akwa Ibom State tomorrow (Thursday), investigations have revealed. The meeting was convened...

It was an evening of celebrating iconic brands, corporate institutions and outstanding individuals who have distinguished themselves at the recently held Marketing Edge Brands and Advertising Excellence awards in Lagos. The event which was witnessed by industry leaders in Marketing Communication across Nigeria saw Chivita 100 percent fruit juice recognized...

The Bank of England warned Tuesday that risks to financial stability were materialising after Britain's shock EU exit referendum, as commercial property investors scrambled to pull money out on Brexit fears. The central bank's Financial Policy Committee (FPC) watchdog outlined various risks after Britons had voted last month to leave...