Port Harcourt Refinery to Begin Production Next Week, Says Kachikwu

Production at the Port Harcourt Refinery may start in a week’s time, the Minister of State for Petroleum, Ibe Kachikwu, has said. He gave this indication when he inspected the…

NNPC Claims Kaduna Refinery Has Started Daily Production of 3.2million Litres

The Nigerian National Petroleum Corporation (NNPC) has said the Kaduna Refining and Petrochemical Company (KRPC) has started daily production of 3.2 million litres of petrol. NNPC Group General Manager, Group Public Affairs…

Bleak Future for Oil Opens NEXIM Bank’s Policy for Re-examination

By Obiora Chukwumba Long before today’s oil price anxieties across nations became very discernible, the Federal Government of Nigeria had mapped the terrain and opted for a policy direction that…

The Securities and Exchange Commission (SEC) over the weekend revoked the operational licences of “84 capital market operators that are inactive”. A statement from SEC called on the Nigerian Stock…

$5.2 Bn Fine: MTN Heads for Court

The MTN Group on Thursday said it had asked its Nigerian subsidiary not pay the N780bn fine imposed on it by the Nigerian Communications Commission. The NCC had initially fined…

Nigeria’s Economic Policy Tripod

By Roberts Orya Monetary and financial stability, investment in infrastructure, and structural transformation of the economy have emerged as the thrusts of economic policy of the Administration of President Muhammadu…

Strategic International Communication of President Buhari’s Agenda

By Chinedu Moghalu   “Fellow Africans have become even more important publics of Nigeria’s international public relations “.     There is an ongoing makeover of the international reputation of…

UBA Chad and Senegal Win ‘Bank of the Year’ Awards

The Banker Magazine has named UBA Chad and Senegal as “Bank of the Year” in their respective countries for 2015.  Both awards were presented recently at the Hilton Bankside, London.…

Fidelity Bank Makes Case for Repositioning of SMEs in South-west

By Adeola Oladele, IbadanSmall and Medium Enterprises (SMEs) have been identified as productive drivers of inclusive economic growth and development in Africa and around the world.The fact was established at…

Despite Weakening Economies, Gambling Revenues Rose in Africa in 2014, Says Report

Gambling revenues improved in Africa in 2014, despite challenging and weakening economies. Gross gambling revenues in South Africa posted their second-largest annual increase over the past five years, with casinos…