The Chartered Institute of Bankers of Nigeria has officially presented Certificates of Accreditation to 20 educational training service providers, eight tertiary institutions and one bank academy. The institute said in a statement that the presentation was in accordance with its mandate as the accreditation agency for the implementation of the Competency Framework. It said the […]

The Ondo State House of Assembly has approved the request of the state government to access a N50bn bond to facilitate infrastructural development of the state. The House gave the approval following an earlier request made by the Ondo State Governor, Mr Rotimi Akeredolu, to the Assembly. Speaking at the plenary session on Thursday on […]

Seplat Petroleum Development Company Plc says its Chief Executive Officer, Mr Austin Avuru, has transferred his shares to a Professional Support Limited. The company said in a statement made available to the Nigerian Stock Exchange that Avuru filed a notification on September 3 for the transfer of his 904,717 ordinary shares to Professional Support Limited, […]

The Nigerian Stock Exchange has announced the reclassification of Oando Plc from medium-priced stock to low-priced stock. Low-priced stocks are securities that have traded below N5 per share in four out of the last six-month period. The NSE said in a statement on Thursday that the reclassification took effect from September 5, 2019. It said […]

 The Nigerian National Petroleum Corporation says it will grow domestic gas utilisation in-country to five billion cubic feet of gas per day from its current 1.7 billion cubic feet of gas per day by 2022. Chief Operating Officer, Gas and Power, NNPC, Yusuf Usman, said this in a statement from the oil firm on Thursday. […]

Aviation fuel has in the last three years risen by about 143 per cent, information gathered from the industry has shown. Airline operators said the product which sold at N255 per litre earlier this week had been scarce in the past two weeks. The PUNCH learnt that around early 2016, the product was sold at […]

The Nigerian economy recorded a decline of $3.2bn in investment inflow from $8.48bn in the first quarter of this year to $5.82bn in the second quarter. The NBS said this in its capital importation report which was released on Thursday night. The NBS did not give reasons for the decline in investment inflows but analysts […]

The Group Managing Director of the Nigerian National Petroleum Corporation, Mr  Mele Kyari, has asked the Department of State Services to assist the NNPC in its effort to recover outstanding debts as well as curb pipeline vandalism. Kyari made the plea when he led the management team of the NNPC on a courtesy visit to […]