Author Archives: Supernews - Page 94
Manufacturers Lament Over High Cost Of Production
BY NGOZI ONYEAKUSI Nigerian manufacturers have lamented over the rising cost of energy, which they said, now gulped about 40 per cent of the production cost. This is just as…
CBN raises N2.93trn from T-bills, OMO auction on strong investor demand
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) successfully has raised trillion from recent auctions of Treasury Bills (T-Bills) and Open Market Operation (OMO) bills, buoyed by…
Price war: Consumers exploited as fuel marketers alter dispensing machines to curb losses
The fierce price war between the two dominant players in the downstream sector– Dangote Petroleum Refinery and NNPC Retail Limited, has driven petrol prices down, but the situation may have…
Heritage Bank: NDIC Commences N46.6bn payout to top depositors
BY NGOZI ONYEAKUSI The Nigeria Deposit Insurance Corporation has commenced the payment of as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank, whose funds exceeded…
Insurance Meets Tech Commends NIA For Strategic Fintech Collaboration
...Reinforcing Commitment to Industry Innovation, Penetration BY NGOZI ONYEAKUSI Insurance Meets Tech (IMT), West Africa’s foremost conference and collaborative platform dedicated to fostering the intersection of insurance and…
Seplat Energy JV Flags Off 2025 ‘Eye Can See’ Programme in Imo
… Provided Free Eyecare to Over 22,084 Beneficiaries BY NGOZI ONYEAKUSI In line with its commitment to advancing community health and wellness, Seplat Energy with its Joint Venture partners,…
Supreme Court sets aside N22trn judgement against Union Bank
The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014. The judgement arose…
Sterling Bank Introduces Free Bus Rides for Nigerians
…doubles down on its push for Free Bank Transfers BY NGOZI ONYEAKUSI After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again…
FG bans waivers for threaded pipes, as Monarch Alloys opens factory
BY NGOZI ONYEAKUSI The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday announced a ban on the issuance of waivers for the importation of threaded pipes…
CSCS HOSTS AMEDA 2025 CONFERENCE IN NIGERIA
Press Release The two-day African and Middle East Depositories Association (AMEDA) Conference 2025, hosted for the first time in Nigeria by Central Securities Clearing System (CSCS) Plc, has officially come…
