President Buhari has reversed his approval of Seplat Energy’s purchase of ExxonMobil’s assets.
Special Adviser to the President on Media & Pubcity, Mr Femi Adesina, had, two days ago, said President Buhari approved the purchase of ExxonMobil share by Seplat.
Revealing the latest development, however, Special Assistant to the President on Media & Publicity, Mallam Garba Shehu, told an…
The Federal Government is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy.
This projection was made by the Budget Office of the Federation and revealed in its 2023 – 2025 Medium Term Expenditure…
The naira yesterday weakened against the dollar at the parallel section of the foreign exchange (forex) market.
Bureaux De Change operators (BDCs), popularly known as ‘abokis’, said the local currency depreciated by N15 or 2.3 per cent to trade at N680 per dollar at the…
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn in December 2021 to N19.91tn in June 2022.
According to data from the CBN, this shows that the Federal Government borrowed N2.45tn from the apex bank within six months.
The N19.91tn owed the apex bank by the Federal Government is not part of the country’s total public…
Introducing limited edition of STAR GIRL SKIN TREATS – Face soap (in cupcakes) and Body Soap in other treat shapes because soaps shouldn’t be boring!
They are made from the finest ingredients and with so much love to nourish, remove impurities and leave you…
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, has assured of the government’s commitment to ensuring that the Lagos International Trade Fair Complex (LITFC) was developed into a world-class trading centre.
He gave the assurance in Lagos at the…
Oyo State Governor, Seyi Makinde, has inaugurated Africa’s first cassava-based sorbitol factory in Iseyin.
The factory’s financing was facilitated by First City Monument Bank (FCMB), Psaltry International Limited (PIL) and Unilever Nigeria.
Makinde said: “This is another value addition to cassava which Oyo State is known to produce in large quantities. We are glad that the strategies…
Leadway Health has launched its telemedicine feature for better access to healthcare.
Managing Director/Chief Executive Officer, Leadway Health Limited, Dr. Tokunbo Alli, stated that the feature on the Leadway Health App is available for downlo on the iOS App Store and…
The Nigerian subsidiary of Old Mutual Limited (OML) has launched an Education Protection Plan (EPP or EduSure) that assists parents and guardians secure learning for their children or wards
The company said EduSure helps parents and guardians to save for the education of…
The President, Major General Muhammadu Buhari (retd.), has consented to the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore Limited.
This is according to a tweet by the Presidency on Monday afternoon titled ‘President Buhari consents to the acquisition of Exxon Mobil shares by Seplat Energy Offshore Ltd.’
According to the Presidency…