NNPCL Recorded N2.5 trillion Profit in 2022 Unaudited, Report Highest in 45 years The Nigerian National Petroleum Company Limited (NNPCL) has announced its highest profit in 45 years, recording N2.548 trillion for the year 2022. The national oil company, in its 2022 Financial Performance Report published online, emphasized that the ...
Read More »Emefiele: CBN sacks boards of Union, Titan, Keystone, Polaris banks
Emefiele: CBN sacks boards of Union, Titan, Keystone, Polaris banks The Central Bank of Nigeria (CBN) has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks. CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi ...
Read More »Nigerian banks, FinTechs to launch cNGN Stablecoin February 27
Nigerian banks, FinTechs to launch cNGN Stablecoin February 27 A consortium of Nigerian financial institutions, fintechs, and blockchain experts, the Africa Stablecoin Consortium (ASC) is set to launch a compliant Nigeria Naira (cNGN) stablecoin on February 27, 2024. Nairametrics had first reported that Nigerian banks and FinTechs are collaborating to develop and ...
Read More »Testimony Jaga: Winning Souls for God with Music, Charity
Testimony Jaga: Winning Souls for God with Music, Charity As far as gospel music goes, Testimony Jaga, one of that genre’s contemporary torchbearers, is a non-conformist. All over the world, gospel music is about the pure and the holy, sublime, soothing, spiritual, and soul-stirring. But away from the old, predictable ...
Read More »No plan to hike fuel price, NNPCL assures Nigerians
No plan to hike fuel price, NNPCL assures Nigerians The Nigerian National Petroleum Company Limited (NNPCL), on Wednesday, declared that there was no plan to increase the pump price of Premium Motor Spirit, popularly called petrol. NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, said in a statement that Nigerians should ...
Read More »Trains to Commence Night Operations in Nigeria – NRC
Trains to Commence Night Operations in Nigeria – NRC The Nigeria Railway Corporation (NRC) has concluded plans to launch night operations before the second quarter of 2024. The Managing Director of NRC, Fidet Okhiria, disclosed this during an interview with the News Agency of Nigeria on Monday. He started, “What ...
Read More »How Standard Chartered Bank Ineptitude Operations Cost Customer Multibillion Business Deal
How Standard Chartered Bank Ineptitude Operations Cost Customer Multibillion Business Deal An innocent customer of a frontline Nigerian bank, Standard Chartered Bank has been dealt severe blows by the otherwise prestigious bank. According to a statement released to our reporter by Strict Attorneys, the legal counsel to the of Chief ...
Read More »Just In: Ondo State Gov. Arakunrin Rotimi Akeredolu is Dead
Just In: Ondo State Gov. Arakunrin Rotimi Akeredolu is Dead The 67 years old Ondo State Governor, Arakunrin Rotimi Akeredolu, is dead. Recall that Akeredolu had applied on December 12 to go on another medical leave as a follow-up to his medical treatment. A chieftain of the ruling All Progressives ...
Read More »AAS CEO Jesam Michael Praise President Tinubu for Lifting Ban on Cryptocurrency… Advise Nigerians to Embrace AAS Token
AAS CEO Jesam Michael Praise President Tinubu for Lifting Ban on Cryptocurrency… Advise Nigerians to Embrace AAS Token Leading Fintech expert in Nigeria, Jesam Micheal has applauded the President Tinubu Led government for the official lifting of the ban by the CBN on Cryptocurrency in Nigeria and charged the Nigerians ...
Read More »Video: Port Harcourt refinery commences operation
Video: Port Harcourt refinery commences operation The Port Harcourt Refining Company, PHRC, Limited, with a combined capacity of 210,000 barrels per day, commenced operation on Wednesday, in fulfilment of the promise made by this administration. According to a video posted on X by one Pastor Okezie under the handle @ONsogbu, ...
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