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CBN: Redesign Naira to promote cashless economy

….Make withdrawal of huge cash unattractive Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says with the introduction of the redesigned Naira notes, no individual or organisatiin will…

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Reps Committee grill Shell, Total, over tax evasion

The House of Representatives on Wednesday grilled Shell Petroleum Development Company of Nigeria, Total Energies and First E and P over alleged tax evasion. The companies appeared before the ad…

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Twins born from embryos frozen 30 years ago

Twin babies have been born in the US state of Tennessee from embryos frozen more than 30 years ago. It is believed to be a new record for the longest-frozen…

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Union Bank gets Euromoney rankings in 5 categories

Union Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings. Chief Brand and Marketing Officer, UBN, Mrs Ogochukwu Ekezie-Ekaidem, made the…

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Kwara Gov lauds IG for promoting Police officers’ well -being

Biodun Esan, Ilorin Governor AbdulRahman AbdulRazaq of Kwara State has commended the Inspector General of Police (IGP), Usman Alkali Baba for promoting the well-being of the police officers and equip…

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UN urges stronger action against piracy in Gulf of Guinea

A senior United Nations official, Ms Martha Pobee has called on countries and their international partners to accelerate efforts to counter the singular threat of piracy in the Gulf of…

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Minister: FG to grow oil reserves to 40bn barrels by 2025

Minister of Petroleum Resources, Chief Timipre Silva, says one of the key mandates of the ministry is to grow oil reserves from the current 37 billion barrels to 40 billion…

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NSMP: Dangote Sugar boosts its $700m Investment

……increases sugar plantation by 179% to 24,200 hectares  President of the Dangote Group, Aliko Dangote has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment…

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Sanwo-Olu seeks market leaders’ support, approves grant for traders

Governor Babajide Sanwo-Olu of Lagos State on Tuesday met with market leaders across the state in continuation of his ongoing political consultations with stakeholders. Sanwo-Olu met the traders under the…

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Bayelsa Gov replies Wike on 13% oil derivation refunds

……confirms receipt of arrears from FG Bayelsa State confirmed that it had been receiving refunds of arrears of 13 per cent oil derivation proceeds from the Federal Government. It did…

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