A toast to a floating naira, by Ken Ugbechie
You need not be told that the naira, Nigeria’s currency since January 1, 1973, is very sick and in intensive care unit. The once very virile naira, stronger than the…
NUPRC To Enforce Domestic Crude Supply Obligation, Warns Saboteurs
More Local Refineries Give Notice To Commence Production As more private refineries indicate readiness to commence production soon in Nigeria, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is taking all…
FG will attach a 10-year maintenance responsibility to projects, contractors to bear repair costs within the period – Umahi
Oct 28, 2023 …Says comprehensive rehabilitation to begin Nov. 1 on Third Mainland Bridge The Minister of Works, Mr. David Umahi, has warned that henceforth a 10-year maintenance responsibility would…
FG receives first batch of CNG vehicles, establishes 7 conversation centres
The Presidential Compressed Natural Gas (CNG) Initiative Steering Committee, on Friday said seven CNG conversation centres have been established in the country. Chairman of the Committee, Mr Zacch Adedeji, made…
EXPLAINER: Why the naira is falling and what next befalls the ailing currency
Nigeria’s naira is on the brink of breaching 1,000 per dollar after falling to an official record low of 999 last week, Refinitiv data showed, tracing its weakness on the…
Africa’s Oil And Gas Industry: Stakeholders Reaffirm Need For Local Solutions
Key stakeholders and policy leaders in Africa’s Oil and Gas, and other related sectors have stressed the need for Africa to look within for solutions to Africa’s problems in…
Missing funds: Over N100 bn not accounted for in the FG’s 2019 financial statements – Audited report shows
October 27, 2023 …Over N200bn unapproved payments discovered The 2019 audited statement of the Federal Government has found that over N100 billion could not be accounted, suggesting that the funds…
63m out of 73m workers yet to enroll with PenCom – OPS
Some members of the Organized Private Sector (OPS) have revealed that only 10 million out of the 73 million Nigerian workers have enrolled in the Contributory Pension Scheme (CPS). They…
Why Nigeria should amend her 67 year old audit law – Fmr. ICAN President Zakari
Oct. 27, 2023 …Seeks amendment of current audit law to allow for presentation of annual accounts before NASS as the budget The former President of the Institute of Chartered Accountants…
FinTech remains key driver for financial inclusion – NCC, experts
The Nigeria Communications Commission (NCC) has described the Financial Technology (FinTech) industry as a major driver for financial inclusion of the underserved and unserved communities across the country. The Executive…