Jolted by two consecutive investigative reports by Newsextra24 x-raying procurement irregularities and sophisticated corruption of due process at the Nigerian National Petroleum Corporation (NNPC), the presidency this week summoned the Corporation’s Group Managing Director (GMD), Mele Kyari, to the Villa. The GMD was summoned to explain how, under his watch, …
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As the Covid-19 outbreak has hit the global economy, many taxi drivers in Bangkok, Thailand have abandoned the service and left the city for their home villages, leaving so-called taxi graveyards behind. However, some taxi firms in Bangkok, whose cars are currently out of service due to the downturn in …
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at 11.5 per cent. CBN governor Godwin Emefiele made this announcement on Friday after the two-day MPC meeting in Abuja. Mr Emefiele said the committee also resolved to hold …
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Godwin emefiele said some strong words towards aboki fx and took a stand against bdc’s, he said aboki fx are manipulating the forex market and needed to be stopped before more damages are done. He explained that Nigeria must stop empowering black market entities and use proper channels to disseminate …
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As an extension of the itel brand’s mission to help Nigerians and Africans at large enjoy better life at a subsidized cost, itel has announced the itel Home Store, a walk-in store that strictly provides itel’s product portfolio of smartphones, televisions, mobile accessories, and electrical home appliances to …
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BUA has signed an agreement with Wartsila OY of Finland for the construction of a 70megawatts dual-fuel power plant for the BUA Cement Sokoto Line 4 in Sokoto state, North-West Nigeria. This announcement comes as BUA recently revealed that it was looking to boost its production capacity in Nigeria over …
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Governor Godwin Emefiele of the Central Bank of Nigeria (CBN) has said the apex bank has discovered that a significant portion of the dollars bought by the BDCs went into illegal arms deals. He said this, on Friday, while briefing journalists at the end of the September Monetary Policy Committee …
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SuperTV partners MTN to deliver Zero Data TV app (SuperTV, MTN partnership on Zero Data TV App excites Nigerians) Super Network Limited is set to make available its new online streaming app, SuperTV on Nigeria’s Independence Day, October 1, 2021. The app is set to be made available on both …
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President Muhammadu Buhari yesterday urged the banking and financial services sector to play stronger roles in ensuring that small and medium-sized enterprises (SMEs) become “fit for purpose” as well as provide them full support to excel. He said such financial intermediation would be essential at the time like this when …
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LAGOS EYES $60 MILLION INVESTMENT, AS SANWO-OLU SIGNS GREEN BOND MARKET AGREEMENT Lagos State becomes the first sub-national Government to activate the framework for the unlocking of the $1 trillion Nigerian Green Bond Market Development Programme to finance key infrastructure projects. On Tuesday, Governor Babajide Sanwo-Olu signed Memorandum of Understanding …
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