Godfrey AKON

We’ll choose oil assets insurer transparently- Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has assured of a transparent process in the selection of the insurer of the corporation’s oil assets in 2020/2021.

Kyari gave the assurance in Abuja, during the public bid opening for comp [...]

Sat, 16 November 2019


West African FIUs move headquarters to Nigeria

West African Financial Intelligence Units have unanimously voted to move their headquarters to Abuja, Nigeria’s capital.

The Forum of West African Financial Intelligence Units took the decision at a meeting in Dakar, Senegal, last Wednesday, to relocate the headquarters from its temporary [...]

Sat, 16 November 2019


NNPC secures $1.16m US grant for Abuja power plant

Arrangements have been concluded by the Nigerian National Petroleum Corporation, NNPC, and the United States Trade and Development Agency, USTDA, to sign a $1.16 million grant as part funding for the Abuja Independent Power Project modelled to generate 1,350 megawatts of electricity. 

Both [...]

Sat, 16 November 2019


Countries need $264bn to end maternal deaths – UN study

Countries need about $264 billion, the equivalent cost of 110 military aircrafts, to end maternal deaths, gender-based violence, child marriage, and provide family planning to all women by 2030, said a United Nations study.

An investment of $115.5 billion – which is equivalent to the cost [...]

Sat, 16 November 2019


Border reopening: Nigeria, Benin, Niger constitute committee

A tripartite committee has been constituted by Nigeria, the Republic of Benin and Niger Republic, to recommend a day for the reopening of the borders between Nigeria and the two countries.

Nigeria shut down its borders in early October to checkmate activities of cross-border smugglers and crimi [...]

Sat, 16 November 2019


Kyari warns insurance firms to beware of facilitators

As 253 firms bid for insurance of oil and non-oil assets of the Nigerian National Petroleum Corporation, NNPC, the Group Managing Director of the Corporation, Mallam Mele Kyari, has called on insurance firms participating in the expression of interest to be wary of anyone promising to help them win th [...]

Sat, 16 November 2019


CBN stabilises naira with $25.68bn in eight months

The Central Bank of Nigeria, CBN, injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January and August this year.

The $25.68bn was arrived at by The Punch Newspaper based on analysis of the monthly economic report released by the apex bank.< [...]

Sat, 16 November 2019


Fidelity Bank pledges continued support to customers

Fidelity Bank Plc has expressed commitment to long term expansion of the businesses of its customers.

The bank, which is one of the top six lenders in terms of total assets, loans and advances, and customer deposits, said it would continue to provide positive experiences at all its touch points [...]

Fri, 15 November 2019


Search

Latest posts

PhotoWe’ll choose oil assets insurer transparently- Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has assured of a transparent process in the se [...]

16 November 2019

PhotoWest African FIUs move headquarters to Nigeria

West African Financial Intelligence Units have unanimously voted to move their headquarters to Abuja, Nigeria’s capital.

The Forum of [...]

16 November 2019