First Edition of the Tastemakers Wine Series Hosted by Vendease

Energy

NNPCL issues guidance to marketers on refunds and the new rate

The Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay to get petroleum products. This came about two weeks after the Federal Government announced the removal of fuel subsidy. NNPCL Retail, in a circular released on Sunday, and obtained by The PUNCH, directed marketers to consider merging their old orders which carry the old fuel…
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Economy

Investors are looking to devalue the currency

Analysts are considering how soon a devaluation may happen and how deep it will be, following the removal late Friday of a policy chief whose unorthodox policies included propping up the naira and banning access to foreign exchange for imports. The currency steadied Monday…
Technology

NCC president releases book on cyber policy

The Head of Media Relations Management, Nigeria Communications Commission, Dr Omoniyi Ibietan, has announced the release of his book on cyber politics. According to a statement, the book titled, ‘Cyber Politics: Social Media, Social Demography and Voting Behaviour in…
Travel & Tourism

Ship owners begin filing for a $700m ship fund

The Nigerian Indigenous Shipowners Association of Nigeria on Monday stated that its members had started applying for the $700m Cabotage Vessels Financing Fund. The Chairman Advisory Committee of NISA on CVFF, Dr Edward Sowho, told our correspondent during a telephone chat in Lagos that members of the association had started negotiations with the five primary lending institutions on the best rates…
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Banking

Polaris Bank is restructuring and planning new financing

Polaris Bank says it has adopted a customer-centric approach as part of its restructuring in order to boost future success. The lender also said it was concluding plans to inject tier-ii capital in order to enhance the growth of its assets This was stated by the bank’s…
Education

ASUU, ASUP express doubts over student loan

President Bola Tinubu, on Monday, in Abuja, signed the Student Loan Bill into law. The signing of the bill was in “fulfilment of one of his campaign promises to liberalise funding of education,” a member of the Presidential Strategic Team, Dele Alake, told State House…
Education

Federal Polytechnic Offa matriculates 11,450 Students

The Federal Polytechnic, Offa, Kwara state on Friday matriculated 11,450 Students for the 2022/2023 academic session. The matriculating students, according to the Rector of the institution, Dr. Kadiri Kamoru were admitted for National Diploma (ND) and Higher National Diploma (HND) full-time and part-time courses in the Polytechnic. Speaking at the event, the Rector admonished the newly…
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Brands & People

WAACSP Unveils Customer Service Index

THE West Africa Association of Customer Service Professionals the umbrella body for customer service practitioners in the ECOWAS region, has recently unveiled the Nigeria Customer Service Index. According to the association, the initiative involves the launch of a customer…
Brands & People

Royal Foam unveils Aproko Doctor as brand ambassador

Royal Foam Products Nigeria Limited has named health influencer, Chinonso Egemba (Aproko Doctor) as its brand ambassador. A statement by the firm said the partnership with Aproko Doctor was pertinent because his personal philosophy aligned with that of the company. “Aproko…
Economy

Nigeria's debt exceeds revenue by N13 trillion in seven years

Nigeria’s total debt in seven years outweighed the revenue generated by the Federal Government by N13.26tn, The findings were based on data from the Central Bank of Nigeria and the Debt Management Office. The Federal Government recorded revenue of N43.06tn between 2016 and 2022 as the country borrowed N56.32tn within the same period. The debt included borrowing by the Federal Government and…
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