Stakeholders are seeking for ways to better and promote gender inclusivity and ensure that women take on leadership positions in the oil and gas industry. At the annual Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Women Annual Convention, PWAC, with theme: The dynamic woman navigating challenges in a constantly evolving world, President of […]
Keystone Bank Limited, a leading financial institution in Nigeria which recently emerged as the ‘Retail Bank of the Year’ at the Africa Industrial and Development Conference and Awards 2024, reiterated its commitment to excellent service delivery and support to its teeming customers at an exclusive engagement session with its customers, held at the Capital Club […]
Advocacy groups have urged the House of Representatives Committee on Solid Minerals to increase the extraction net value revenue to host communities from mining proceeds from five percent proposed in the re-enacted Minerals and Mining Bill 2023 to 10% and want it reviewed upwards periodically. The recommendation was made in a memorandum presented by the […]
The Naira yesterday depreciated to N1, 570 per dollar in the parallel market from N1,550 per dollar on Tuesday. Similarly, the Naira depreciated to N1, 581.65 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,581.65 per dollar from N1,576.66 per […]
Following recent engagements with the Securities and Exchange Commission and the Central Bank of Nigeria, the Governing Council of FintechNGR, led by Ade Bajomo, the president, engaged with Dr Aminu Maida, executive vice chairman of the Nigerian Communications Commission and his management team. This meeting aimed to deepen the role of the telecommunications sector as a crucial […]
The Financial Reporting Council (FRC), the Ministry of Finance Incorporated (MOFI), and the Institute of Directors Center for Corporate Governance have issued the exposure draft of the code of corporate governance guidelines for the public sector. Rabiu Olowo, the Executive Secretary/Chief Executive of the FRC, and Armstrong Takang, the Chief Executive of MOFI, made this […]
The Federation Accounts Allocation Committee (FAAC), has shared N1.354 trillion June revenue among the federal government, states, and local government areas (LGAs). The revenue was shared at the July meeting of FAAC, held in Abuja and chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. A communiqué issued by FAAC […]
Numbeo, the world’s largest database of user-contributed data about cities and countries worldwide, has ranked Lagos State as the most severe traffic congestion, followed by Nairobi, Kenya. Numbeo provides current and timely information on world living conditions including cost of living, housing indicators, healthcare, traffic, crime and pollution. According to Numbeo, by mid-2024, traffic conditions […]
THE Lagos State government, yesterday, has given a three months extension for owners and developers of existing buildings without Planning Approvals in the state. The Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, who disclosed this in Alausa, Ikeja, said Governor Babajide Sanwo-Olu had approved the extension of the programme by another three […]
The Joe Biden administration has announced new steps to speed up employment-based nonimmigrant visas for US college graduates with job offers. This move aims to help the US economy and keep skilled workers, which is part of efforts to make immigration processes easier and attract top talent to the US. The administration intends to simplify current procedures […]