Month: May 2021
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Business Insight
Oil prices rise at the start of driving season
Oil prices rose by 1 percent early on Monday, driven by expectations that recovering demand with summer travel and reopening…
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Business Insight
NNPC plans N126bn deduction from June remittance to FAAC
The Nigerian National Petroleum Corporation (NNPC) has served notice to the Federation Account and Allocation Committee (FAAC) that it will…
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Business Insight
FG opens bid for concession of 12 roads on June 1
The Federal Ministry of Works and Housing says it will officially open the bid for Value Added Concession for federal…
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Business Insight
Abia independent marketers risk losing licenses over failure to register their retail outlets into DPR’s e-station platform
Following the expiration of deadline given to all petroleum marketers by the Department of Petroleum Resources (DPR) within when to…
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Business Insight
119 passengers from high-risk countries refuse isolation – Lagos
The Lagos State Commissioner for Health, Prof. Akin Abayomi, has raised the alarm that 119 passengers from high-risk countries have…
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Business Insight
FirstBank emerges 2nd ‘Most Admired Financial Services Brand in Africa’ for second consecutive year
First Bank of Nigeria Ltd has been ranked the second ‘Most Admired Financial Services Brand’ in Africa for the second…
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Business Insight
Total rebrands as TotalEnergies as it shifts focus to renewable energy
Global oil major, Total has adopted a new name, TotalEnergies, as it gradually shifts focus from oil and gas towards renewable…
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Business Insight
NIMC lists seven Spectranet stores for NIN registration
The National Identity Management Commission (NIMC) has selected Spectranet’s stores as locations for Nigerians to register for the National Identification…
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Business Insight
DPR to issue award letters to marginal field bid winners today
The Department of Petroleum Resources (DPR) has announced that it had concluded arrangements to issue award letters to successful investors…
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Commentaries
Bridging the yawning infrastructure deficit – The Punch
Enfeebled by decades of neglect, Nigeria’s infrastructure deficit continues to aggravate. A new report estimates that the country requires $3…
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