Business
Nigeria, 6 others account for 65% global gas flaring — World Bank
World Bank By Ediri Ejoh The latest report of the World Bank’s Global Gas Flaring Reduction Partnership (GGFR) has reported that Nigeria, Russia, Iraq, Iran, United States, Algeria and Venezuela
Nigeria’s Ogunsanya to lead Airtel’s Africa Operations
Airtel Africa PLC has announced Olusegun Ogunsanya, CEO of Airtel Nigeria, as CEO Africa following Raghu Mandava’s notice of retirement. Ogunsanya will join the board of Airtel Africa with effect
Maritime industry needs $3.4 trillion to replace existing ships
The shipping industry will need to invest about $3.4 trillion in the next 30 years to replace the existing fleet in line with the sector’s decarbonization plans. The post Maritime
Concerns over Nigeria’s moribund refineries despite expenditure
Concerns have been raised over huge funds being spent on Nigeria’s moribund refineries while generating minimal revenues for the nation. At a workshop yesterday tagged: ‘Open data and advocacy in
Nigerians groan over cost of power as supply worsens
For more than three weeks, power supply in the country has worsened as the frequency and duration drastically reduced. Meanwhile, the cost of alternative supply is on the rise, causing
Shell pipelines spill 4,309 barrels of crude in H2’20
Oil-pipeline By Ediri Ejoh Shell Petroleum Development Company of Nigeria Limited (SPDC) reported that a total of 4,309.18 barrels of crude was spilled into the Niger Delta environment from its
Gains in highcap stocks lift capitalisation by N356 billion
Following gains recorded by most highly capitalised (highcap) stocks, transactions on the Nigerian Exchange Limited (NGX) reversed negative sentiments to close in an upbeat yesterday as market capitalisation appreciated by
CBN’s MPC members in policy dilemma over growth, inflation
CBN By Elizabeth Adegbesan The members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria, CBN, have indicated that the apex bank’s meeting in March was largely
Emefiele to Otudeko: We Won’t Allow a Shareholder Who Can’t Subject Himself to Regulatory Control Remain as Director
Central Bank of Nigeria Governor Godwin Emefiele explains why the apex bank sacked all directors and named new board members for both First Bank of Nigeria Limited and FBN Holdings
CBN sacks First Bank Directors, retains Adeduntan as MD
CBN Governor, Mr Godwin Emefiele By Emma Ujah – Abuja The Central Bank of Nigeria (CBN) Thursday, removed the Boards of Directors of First Bank of Nigeria Plc and the
