Okonjo-Iweala gets Africa’s backing for WTO job
Ngozi Okonjo-Iweala, a candidate contesting for director-general at the World Trade Organization, has worked for 25 years at the World Bank
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Economy
FBN wins World Best Corporate Governance Award
Nigeria’s leading financial services group and holding company, FBN Holdings Plc, has won the 2020 Best Corporate Governance in Nigeria Award by the World Finance.World Finance is renowned for its comprehensive coverage and…
Gas: FG moves to reduce price, inaugurates c’tee
Hon. Minister of State for Petroleum Resources, Timipre Sylva has Inaugurated the committee on Gas Sector-wide Review of the domestic Gas pricing framework charged with evaluating and reviewing the price of gas in the country.Speaking…
Chinese loans to Nigeria, what you need to know
China is not a major source of funding for Nigerian. China cannot take possession of projects financed by them if Nigeria defaults in servicing the loan
E-Learning: FirstBank Presents Devices To Lagos
First Bank of Nigeria Limited has presented 20,000 units of e-learning devices to the Lagos State government at the State House in Marina, Lagos.First Bank, Nigeria’s leading financial inclusion services provider, made the presentation…
Recession: Nigeria faces dark days as crisis looms
Following the health and economic emergencies caused by the COVID-19 pandemic, the President Muhammadu Buhari-led federal government has mapped out strategy to avert recession and a possible looming economic crisis.Available date,…
Orange telecom eyes Nigeria, South Africa as possible new markets
France's largest telecom operator plans on having a wider footprint in Africa and will give itself a few months to make a possible move, Chief Executive Stephane Richard told Les Echos business newspaper."It could make sense to be in…
NNPC Finally Makes Audited Accounts Public
The Nigerian National Petroleum Corp. has published audited financial statements online in a bid to improve transparency around its operations.The state-owned oil company, known as NNPC, has been criticized for years of conducting the…
Oil revenue dip: Nigeria to lose $17bn in 2020
Nigeria’s oil receipts in 2020 are expected to drop by as much as $17 billion, Austin Avuru, the chief executive officer of Seplat Petroleum Development Company, has projected.Speaking on Nigeria’s oil and gas industry in the face of…
Innoson Confirms Winning 11 Oil Wells in Sierra Leone
IVM Innoson Group of Companies has confirmed adding 11 offshore oil well contracts to the newest member of the conglomerate, Innoson Oil & Gas Limited.The government of Sierra Leone awarded the 11 Oil wells to Innoson Oil & Gas…
