The Nigeria Deposit Insurance Corporation (NDIC), has said it has disbursed 86 per cent of the total insured deposits to customers of failed banks, including Heritage Bank, an increase from the 82.36 per cent reported just a week ago. Man ...
The director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola, has restated the Agency’s commitment to the Nigerian Seafarers Development Programme (NSDP). The NIMASA DG stated that the 296 NSDP ben ...
A gas station attendant pumps fuel into a customer's car at the NNPC Mega petrol station in Abuja, Nigeria March 19, 2020. REUTERS/Afolabi Sotunde Nigerian authorities are facing a resurgence of petrol smuggling as price disparities between Ni ...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has officially launched a National Single Window (NSW) project for the facilitation of trade in Nigeria. In his opening address, the minister underscored the transform ...
Nigeria’s minister of finance and coordinating minister of the economy Wale Edun, chairman of the Nigerian Economic Summit Group (NESG) Olayinka Yusuf and other stakeholders from the public and private sectors have agreed on the need to engage in ...
Ibom Air, on Tuesday, announced the arrival of its second Airbus A220-300 aircraft, which arrived in Nigeria via Murtala Muhammed International Airport, Lagos, on August 10, 2024. The shareholder, the Akwa Ibom state government, formally recei ...
Minister of Budget and Economic Planning Senator Abubakar Bagudu has said Nigeria needs to attract more resources than it has to fund its development agenda. For this to happen, the nation must develop a sound financial system with integrity, ...
The collective Deposit Money Banks (DMBs) in the country had total assets of N121 trillion as at the end of 2023 financial year, which is equivalent to half of the national gross domestic product(GDP). This is even as Nigerian banks and other ...
…Warn of economic, contractual risks of regulatory force As Nigeria’s oil sector grapples with the challenge of inadequate crude production supply to domestic refineries, the Independent Petroleum Producers Group (IPPG) has used the federal go ...
Pinnacle Oil and Gas FZE firmly denies any association with alleged Maltese cargo, emphasising compliance with Nigerian regulations on product quality and safety. Managing director/CEO, Bob Dickerman in a statement said. “In a recent publicati ...
