Business

NUPRC: 17 marginal oilfields producing, 13 dormant in Nigeria

Seventeen marginal oilfields in Nigeria are currently producing out of 30 fields awarded since its inception in 1999. Chief Executive…

4 years ago

GenCos lament liquidity challenge, owe gas suppliers N1trn

Power generation companies (GenCos) have revealed that they are currently owing gas suppliers about N1 trillion. Besides that, the GenCos…

4 years ago

CBN: 45% Nigerian adults’ve no bank account

The Central Bank of Nigeria (CBN) has said about 45% of Nigerian adults do not have a bank account for…

4 years ago

CBN unveils e-Naira USSD code

The Central Bank of Nigeria (CBN) has unveiled the Unstructured Supplementary Service Data (USSD) for the e-Naira to enhance financial…

4 years ago

Amidst July revenue rise, FG, states, LGs share N954bn

The Federation Account Allocation Committee (FAAC) has shared a total sum of N954.085 billion July 2022 Federation Account Revenue to…

4 years ago

12-year-old Enugu student wins Heirs Life Essay Championship

A 12-year-old student of Gateway Schools, Enugu, Ugbomyke Princewill Ebubechukwu, has emerged as the winner of the first-ever Heirs Life Essay…

4 years ago

Zenith Bank’s assets rise to N10.12trn, deposits hit N.15trn

Despite a very challenging macroeconomic environment, Zenith Bank Plc has grown its assets base to N10.12 trillion. The bank’s total…

4 years ago

Zenith Bank’s profit hits N130bn in six months

Zenith Bank Plc has recorded an astounding double-digit growth of 17% in gross earnings from N346 billion reported in H1…

4 years ago

NEPC: Nigeria’s non-oil export hits $2.6bn in six months

The Nigerian Export Promotion Council (NEPC) has said that the country's non-oil export has recorded significant growth between January and…

4 years ago

Bauchi govt privatises hotels, meat factory, fertiliser

As part of efforts to tackle unemployment in Bauchi State, the state government has listed six moribund industries for privatisation…

4 years ago

This website uses cookies.