NNPCL denies adjusting fuel pump prices
The Nigerian National Petroleum Company Limited has denied claims that it has reduced the pump prices of petrol and diesel. The NNPCL spokesperson, Olufemi Soneye,...
Tinubu’s 50-member emergency teams get six months to rescue economy
President Bola Tinubu on Wednesday established a 31-man Presidential Economic Coordination Council comprising himself, the Vice President, Senate President and the Chairman of the Nigerian...
CAP revenue rises 24% to N23.9bn, proposes N1.26bn dividend
Paints and coatings company, Chemical and Allied Products Plc, has reported N23.9bn in revenue for the financial year ended December 31, 2023. CAP in its...
UPDATED: CBN raises commercial banks capital base to N500bn
The Central Bank Nigeria on Thursday, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at...
Bukka Hut to rebrand
One of Nigeria’s quick-service restaurant brands, Bukka Hut, has concluded plans to rebrand. In a recent statement, the founder/Chief Executive Officer of Bukka Hut, Mr...
Ex-lawmaker charges Tinubu on economy growth
A former federal lawmaker and chieftain of the People’s Democratic Party, Hon. Farah Dagogo, has called on President Bola Tinubu to redouble the efforts of...
NNPCL to replace 5,000km pipelines in three years – Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company, Mele Kyari, on Thursday, said the over 5,000km petroleum products pipeline network of the...
Scavengers thrive amid tough operating environment
Despite their negative reputation, scavengers are finding ways to increase revenue. However, it is important to regulate the industry and eliminate criminal activity to maximise...
ICAN backs Senate probe of CBN’s Ways and Means
The Institute of Chartered Accountants of Nigeria has expressed support for the move of the Senate to probe the Ways and Means loan to the...
ICSAN to examine AI impact on capital market operations
The Institute of Chartered Secretaries and Administrators of Nigeria will consider the impact of artificial intelligence and cybersecurity on capital market operations at its 2024...