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FID on $25bn Nigeria-Morocco pipeline for Dec — Kyari

NigerDelta FocusMarch 21, 2024
March 21, 2024
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that the Final Investment Decision for the $25bn Nigeria-Morocco...

N30tn loans: Senate uncovers fresh infractions, summons Cardoso

NigerDelta FocusMarch 21, 2024
March 21, 2024
The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former...

Power station collapses, blackout hits Abuja, Kogi

NigerDelta FocusMarch 21, 2024
March 21, 2024
Some residents of the Federal Capital Territory, Abuja and some areas in Kogi State are currently experiencing power outages due to technical glitches. The two...

Subsidy removal: FG, states, LGs allocations hit N10.14tn

NigerDelta FocusMarch 21, 2024
March 21, 2024
The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by...

Firm gets NBC licence to broadcast children’s contents

NigerDelta FocusMarch 21, 2024
March 21, 2024
The National Broadcasting Commission has granted a license to Three Tees Entertainment Limited to operate a children’s television station. The TV station is owned by...

Access Bank to acquire National Bank of Kenya

NigerDelta FocusMarch 21, 2024
March 21, 2024
Access Bank has revealed plans to acquire the National Bank of Kenya from the KCB Group. This marks its second acquisition of a Kenyan bank...

Bearish trade continues with N168bn loss for investors

NigerDelta FocusMarch 21, 2024
March 21, 2024
Bearish trading continued midweek on the Nigerian exchange leading to a 0.28 per cent decline in the All-Share Index to 104,256.81 points. Consequently, the market...

29% Nigerian fintechs adopt generative AI – Report

NigerDelta FocusMarch 21, 2024
March 21, 2024
The Nigeria Fintech Marketing Outlook has revealed that 29 per cent of surveyed players in the financial technology space have adopted generative Artificial Intelligence for...

BREAKING: CBN clears $7bn forex backlogs

NigerDelta FocusMarch 21, 2024
March 21, 2024
The Central Bank of Nigeria has announced that it has successfully cleared all valid foreign exchange backlogs, effectively eliminating a legacy burden. This accomplishment fulfils...

Shareholders hail SEC over refusal of PZ buyback deal

NigerDelta FocusMarch 21, 2024
March 21, 2024
Shareholders have lauded the Securities and Exchange Commission’s decision to reject the ‘No Objection’ sought by multinational, PZ Cussons Nigeria Plc, to buy out minority...

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