Akwa Ibom State Governor, Pastor Umo Eno, has pledged the state government’s support for the completion of the National Integrated Power Project (NIPP) Lot 18 transmission line along the Ikot …
Business & Markets
- BusinessBusiness & MarketsOil & Gas
N431bn Oil Marketers’ Debt Puts NMDPRA Under Fresh Audit Scrutiny
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is facing renewed scrutiny after the Auditor-General for the Federation uncovered more than N432bn in unpaid debts, statutory levies and other …
Leading Nigerian fintech company OPay has dismissed viral reports claiming that it plans to shut down its operations in Nigeria, reassuring customers and merchants that it remains fully committed to …
C Under the new rules released yesterday, the SEC said: “The regulations would apply throughout Nigeria and cover all persons engaging in or offering online forex trading services to residents …
- BusinessBusiness & MarketsBusiness and EconomyOil & Gas
OML 42: Nestoil Invests $28m In Drilling Rigs To Boost Nigeria’s Oil Production
Nestoil Group has invested approximately $28 million in two drilling rigs as part of its efforts to increase crude oil production and expand indigenous drilling capacity in Nigeria. The company …
- Banking, Finance & InvestmentBusiness & MarketsCyber securityDevelopmentFraud Awareness
CCSLD Consulting Launches Fraud Prevention Training for Nigerian Banks
Consulting firm CCSLD has introduced a Banking Security and Fraud Prevention Training Programme in Lagos, extending its compliance and culture reorientation expertise from the oil and gas sector into Nigeria’s …
- AfCFTA DevelopmentsAfrican Trade & InvestmentBusiness & MarketsCameroon EconomyCôte d’Ivoire EconomyRegional Cooperation
Cameroon, Côte d’Ivoire Boost Economic Ties Under AfCFTA
Cameroon and Côte d’Ivoire are looking to strengthen their trade and investment relationship under the African Continental Free Trade Area (AfCFTA), but authorities in Yaoundé want a change in how …