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UPDATED: CBN raises commercial banks capital base to N500bn

NigerDelta FocusMarch 29, 2024
March 29, 2024
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

NigerDelta FocusMarch 29, 2024
March 29, 2024
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

NigerDelta FocusMarch 29, 2024
March 29, 2024
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

NigerDelta FocusMarch 29, 2024
March 29, 2024
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

NigerDelta FocusMarch 29, 2024
March 29, 2024
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

NigerDelta FocusMarch 29, 2024
March 29, 2024
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

NigerDelta FocusMarch 29, 2024
March 29, 2024
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...

Dangote, local refineries complaining of crude shortage – NUPRC

NigerDelta FocusMarch 29, 2024
March 29, 2024
The Nigerian Upstream Petroleum Regulatory Commission says Dangote refinery and other local crude oil refining facilities in the country have been complaining of lack of...

Geregu Power shareholders approve N20bn dividend

NigerDelta FocusMarch 29, 2024
March 29, 2024
The board of directors of Geregu Power Plc’s proposed N20bn dividend has been approved by shareholders. The approval was given at the last annual general...

Wema Bank launches second edition of FGN-ALAT digital skillnovation

NigerDelta FocusMarch 29, 2024
March 29, 2024
The first cohort of the FGN-ALAT Digital Skillnovation Programme, an initiative spearheaded by Wema Bank in partnership with the Federal Government of Nigeria, to train...

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