archiveOctober 12, 2017

Vice President Yemi Osinbajo, SAN, has explained specifically that the approvals he granted to the Nigerian National Petroleum Corporation (NNPC) while he was Acting President were for financing arrangements for the Joint Ventures between the corporation and IOCs, and not approvals for contracts. He made the clarification on Thusday to...

Determined to give customers additional value for their money, Jumia Nigeria and AirFrance KLM have announced a unique partnership to reward Nigerian-based flyers registered with the airline’s Flying Blue loyalty programme. The Flying Blue initiative which is tailored to give additional benefits to customers will also expose them to over...

Avnash Rice Mill has restated commitment to its five-year plan to support and create at least one million jobs (direct and indirect) for Ghanaians by 2022. The Chief Executive Officer of Avnash Rice Mill, Mr. Jai Mirchandani, said this when President Nana Addo Dankwa Akufo-Addo launched the Royal Farmers Rice,...

President Muhammadu Buhari on Thursday wrote the Senate to seek confirmation of Mrs. Aisha Ahmad as deputy governor of the Central Bank of Nigeria. In a letter read by the Deputy Senate President, Ike Ekweremadu, the president said the confirmation was necessary as Ahmad would replace one of the deputy...

The Federal Government of Nigerian on Thursday gave a hint that it would review the privatisation of power plants in the country to enable government restructure their ownership and capacity to deliver value to the people. According to President Muhammadu Buhari in his speech at the closing of the 23rd...

Vice President, Yemi Osinbajo, has admitted approving for the contentious contracts for the Nigeria National Petroleum Corporation (NNPC). The award of the $26 billion contracts has become an issue of contention between the Group Managing Director (GMD) of NNPC, Mr. Maikanti Baru and the Minister of State for Petroleum Resources,...

The bear continued to tightens its grips on the Nigerian Stock Exchange as the market All-Share Index (NSE ASI) and the Market Capitalization decreased by 0.34 per cent on Wednesday while the year-to-date return stood at 36.38 per cent. The All-Share Index closed at 36,652.82 against the previous close of...