OPEC raises Nigeria’s production quota to 1.772mbpd for June
The Organisation of the Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved...
Naira weakens against dollar, exchanges at N419
The Naira on Thursday depreciated at the Investors and Exporters window exchanging at N419 to the dollar, a 0.24 per cent depreciation, weaker than...
2023: Zulum dissolves cabinet
Governor Babagana Zulum of Borno has dissolved the state executive council with effect from Thursday.
This is contained in a statement signed by the Permanent...
NDIC verifies depositors of 3 failed micro-finance banks
The Nigeria Deposit Insurance Corporation (NDIC) has said that it would commence the claims verification of depositors of the three Micro-finance Banks (MFBs) whose...
CIBN donates lecture hall to Fed Poly Nekede
The Chartered Institute of Bankers of Nigeria (CIBN) has donated a multi-million naira lecture theatre to the Federal Polytechnic Nekede, Owerri, to promote the...
Onitsha becoming ‘dead’ city, Soludo laments
Governor Charles Soludo of Anambra State has lamented the high rate of evacuation of businesses and productive assets from Onitsha to other neighbouring states.
Soludo...
ASUU, Kaduna varsity at loggerheads over school resumption
The management of Kaduna State University (KASU) and the varsity’s branch of the Academic Staff Union of Universities (ASUU) are at loggerheads over resumption...
Adeosun emerges President of stockbrokers’ institute
A core finance professional, Mr. Oluwole Adeosun is the new President and Chairman of the governing council of the Chartered Institute of Stockbrokers (CIS).
Adeosun,...
Q1: Transcorp records N5.7bn profit as revenue hits N31.4bn
Transnational Corporation Plc, Transcorp Group, has recorded profit in all its major financial indices for the first quarter, which ended on March 31, 2022.
Its...
ACF: North not afraid of restructuring, break-up
The Arewa Consultative Forum (ACF) has said the North is not intimidated by threats of restructuring and break up of Nigeria.
The ACF said the...













