The Edo State government-backed Edo Modular refinery has ordered the supply of 150,000 barrels of crude to meet the demand of its growing clientele base, weeks after commencing production.
This was revealed in a statement signed by the Special Assistant on Media Projects to the Edo State Government, Crusoe Osagie, on Sunday.
The statement also said that the crude would be sourced from the Oza Oil…
US banks may meet with Nigerian startups - operators
March 13, 2023
The closure of the United States-based Silicon Valley Bank, the bank of choice for many venture capitalists and startups, may affect Nigerian startups according to industry players.
On Wednesday, March 8, SVB surprised investors with news that it was seeking to raise $2.25bn…
Citizens looking for affordable housing
March 13, 2023
Stakeholders in the built industry have advocated the development of measures that make affordable housing for low and middle-income earners a reality in the country.
The Executive Director of the Housing Development Advocacy Network, Festus Adebayo, said housing was…
Beware of illegal property, FCTA warns Abuja residents
March 13, 2023
The Federal Capital Territory Administration has alerted residents on the proliferation of illegal housing estates and other developments in the capital city.
This was as it reiterated its readiness to demolish illegal structures obstructing the town’s master plan.
The Director of the Department of Development Control, Mukhtar Galadima, who gave the warning during a press briefing, stated that…
One of Nigeria’s leading financial institutions, Wema bank commemorated the 2023 edition of the International Women’s Day on March 8th in grand style as women from various fields converged on the prestigious Civic Center in Lagos to discuss the significance of gender…
Visa cancellation: Seflat CEO resignation, COO acquisition
March 11, 2023
The Chief Executive Officer of Seplat Energy PLC, Roger Brown, has stepped down from office following the order of a Federal High Court in Lagos.
The court restrained Brown from parading himself as the firm’s CEO pending the determination of a suit filed against him and…
With the launch of a Regulatory Framework for Open Banking by the Central Bank of Nigeria (CBN) last Wednesday, Nigeria has joined the vanguard of other countries that poised to deepen innovation and increase the range of products available to customers in the financial service industry, reports Ibrahim Apekhade Yusuf
BANKING in Nigeria is showing a lot of promise thanks to the setting up of the…
Economic activity slows down in December - CBN report
March 10, 2023
The economy remained subdued in December as the Purchasing Manager’s Index was below 50.0 index points, according to the Central Bank of Nigeria.
The CBN released in the reports of members of the Monetary Policy Committee member that the PMI, which is an index of the…
Tropical General Investments, makers of Terra Jollof Cubes, has said it will continue to spare no efforts in producing quality seasoning cubes for the benefit of the consuming public.
As a result, the firm said it would partner all stakeholders including caterers to create more awareness about the product.
According to the statement, Terra Jollof Cubes is packed with a unique mix of traditional…