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- Written by John Ikani
The World Bank has condemned Nigeria's payment on petrol subsidy, which it said is on track to gobble up N2.9tn this year.
The World Bank has condemned Nigeria's payment on petrol subsidy, which it said is on track to gobble up N2.9tn this year.
Regulatory guidelines for the eNaira released by the Central Bank of Nigeria (CBN) indicate that charges for transactions that originate from the eNaira platform will be free in the first 90 days, commencing from October 25.
The Federal Government says it will be inaugurating “Made-in-Nigeria barite” on Oct. 28, to save US$ 300 million being spent annually on barite importation.
Nigeria and Chad have agreed to set up a joint business council for the development of stronger commercial ties and the improvement of bilateral trade and investment flows between the two countries.
Smart addressing startup, OkHi, has launched its smart address verification product with Interswitch Group, Africa’s leading technology-driven company focused on the digitisation of payments across the continent. Quickteller, Interswitch’s payments and wallet service, has become the first business in Nigeria to use the OkHi address verification service.
Minister of State for Petroleum Resources, Timipre Sylva says the ministry had begun putting the Port Harcourt Refinery and Petrochemical Company in good shape.
President Muhammadu Buhari will on Monday depart for Riyadh, Saudi Arabia, to participate in the investment conference organised by the Future Investment Initiative Institute.
It was a busy week for the Nigerian National Petroleum Company Limited (NNPC) as the Group Managing Director (GMD) Malam Mele Kyari, addressed the 17th All Nigerian Editors’ Conference in Abuja, as Special Guest of Honour.
Vice President Yemi Osinbajo says serious private sector investments in Nigeria’s healthcare would reposition the sector and curb medical tourism.
Workers in the Oil and Gas industry have raised concerns over the fate of workers following the commencement of key clauses in the Petroleum Industry Act (PIA).
FBN Holdings (FBNH) Plc has reacted to the viral report about the acquisition of a majority stake in the company by billionaire Femi Otedola.
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic.