OTHER BUSINESSES

The Nigerian National Petroleum Corporation (NNPC) has called on the members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30 marginal oil fields which would soon be flagged off by the Federal Government. The Group Managing Director of the Corporation, Dr. Maikanti...

The United Bank for Africa (UBA) has placed a restriction on the use of its debit and prepaid cards for purchasing jewellery, pornography, dating and escort services. The bank also forbids the use of its cards for all sorts of betting — including buying lottery tickets, casino gaming chips, off-track...

As part of efforts aimed at a continuous promotion of the culture and traditions of the people of Southwest Nigeria, Goldberg, Nigeria’s leading culture-centric beer brand, has announced plans to sponsor various cultural festivals across the region. The festivals, which include Osun Osogbo, Udiroko, Oranyan, Ojude Oba, Olojo and Oyemekun,...

The Niger State Government on Wednesday, signed a Memorandum of Understanding (MoU) with Dangote Group to establish a large scale Rice Processing Mill with a capacity of over 200,000 metric tons of paddy rice from out growers within the next three years. The MOU which was signed by the State...

The China Civil Engineering Construction Corporation (CCECC) Tuesday said the phase one of a rail transit project in Nigeria's Abuja will be commissioned by December. The rail transit, which costs $823 million, has a length of 45 km with 12 designed passengers' stations, Project Manager Kong Tao told reporters who...

The Nigerian Communications Commission, NCC, says Nigeria currently ranks third globally in cybercrimes behind the UK and the U.S. NCC’s Chief Executive Officer, Umar Danbatta, disclosed this on Tuesday at the ongoing 2017 Annual General Conference of the Nigerian Bar Association, NBA, in Lagos. The News Agency of Nigeria, NAN,...

The National Bureau of Statistics (NBS) has said that banks operating in Nigeria sacked 8,663 staff in the first six months of this year. This is contained in the latest data of organisation released on Monday titled: “Selected Banking Sector Data: Sectorial Breakdown of Credit, ePayment Channels and Staff Strength”....

Nigerian Tulip International College (NTIC) has secured two semi-final slots for Kaduna State in the on-going 2017 Cowbellpedia Secondary Schools Mathematics TV Quiz Show, sponsored by Cowbell, the flagship brand of Promasidor Nigeria Limited. This means the Northern part of Nigeria will be represented in the semi-finals for both the...

Delta Air Lines is offering customers a new way to reach Lagos, Nigeria, starting March 24, 2018, via new service from the airline's New York-JFK hub. Fly will operate three times a week, which complements the existing four-time weekly service from Atlanta. "JFK is one of Delta's gateways to the...

Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc a fully indigenous company listed on the Nigerian Stock Exchange has been awarded a five year logistics support contract by Chevron Nigeria Limited (CNL), operator of the NNPC/CNL Joint Venture The contract, according to a press statement from the company,...