Archives for Trending - Page 232
NNPCL destroys 34 illegal refineries in one weekÂ
NNPCL logo  The Nigerian National Petroleum Company Limited in the past week uncovered and destroyed 34 illegal refineries in the Niger Delta. The NNPCL disclosed that it arrested no…
CBN moves to reduce banks’ FX risk exposureÂ
 To tame the raging foreign exchange crisis and ultimately sanitize the money market, the Central Bank of Nigeria (CBN) is beaming its regulatory searchlight on banks, alerting them of…
AIICO Insurance Shines Spotlight on Top Performing Agents at Awards Ceremony
MD/CEO, Mr. Babatunde Fajemirokun (3rd from left) and other executives with an awardee  By Ngozi Onyeakusi---Frontline insurance company, AIICO Insurance Plc, has further demonstrated its leadership in sales force…
Ecobank Nigeria Launches MySME Growth Series ….to Empower Over One Million SMEsÂ
By Ngozi Onyeakusi---Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African bank has launched an innovative training program targeted at empowering operators of small and medium enterprises (SMEs)…
Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues
Fidelity building By Ngozi Onyeakusi--- In what has been termed a significant milestone in the advancement of Nigeria's domestic gas industry and the generation of gas revenues, Temile Development…
NIGERIA SEES STEADY INCREASE IN ACTIVE VOICE AND INTERNET SUBSCRIPTIONS, DROP IN TELEDENSITY Â
NCC EVC , Maida By Ngozi Onyeakusi--- Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest…
CBN cautions FX dealers against market manipulation as naira slides to N1,500
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria (CBN) has warned authorised dealers to ensure that transactions…
Currency Outside Banks Hit Historic High of N3.4trn, 94% of CICÂ
Naira A report by the Central Bank of Nigeria (CBN) has revealed that currency outside banks at at December 2023 reached a staggering trillion, representing a whopping 94…
Trapped funds: CBN releases fresh $64.44m to foreign airlines
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN), on Tuesday, said it has cleared verified outstanding liabilities to foreign airlines with $ million. The money is forex backlog accumulated from…
NNPC Ltd woos South Korean investors for gas projects …felicitates Temile Devt. Company on acquisition of LPG carrier
NNPCL logo By Ngozi Onyeakusi--- The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the…
