Queues: Normal loading operations restored in fuel depots, says NMDPRA
With pockets of queues surfacing at some filling station in Abuja and its environs over the weekend, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has allayed fears about…
Delayed upload of results to INEC portal a flaw to Feb. 25 polls, says Yiaga Africa
The delayed upload of the February 25 election results on the Independent National Electoral Commission (INEC) result viewing portal (IReV) constituted a flagrant disregard of the electoral umpire’s regulations and…
INEC officials compromised presidential election, Obasanjo alleges
Amid protests by representatives of some of the political parties over the conduct of last Saturday’s Presidential and National Assembly elections, former President Olusegun Obasanjo has written an open letter…
CBN reviews tenure of bank MDs, top management of financial institutions
The Central Bank of Nigeria (CBN) on Friday announced the review of the tenure of Executive Management and Non-Executive Directors of Deposit Money banks and financial institutions in the country.…
NCP approves 9 firms to verify NIPOST properties nationwide
Nine firms have been approved by the National Council on Privatisation (NCP) to carry out a nationwide verification of NIPOST Properties & Development Company Limited, the Bureau of Public Enterprises…
CBN denies directive to banks to collect N500, N1000 banknotes from customers
Amid the raging confusion over the circulation of the redesigned Naira notes in the country, the Central Bank of Nigeria (CBN) on Tuesday insisted on following the directive by President…
We’re focussed on achieving our mandate, NUPRC boss assures operators, industry players
The upstream petroleum industry regulator says it will continue to focus its attention and resources on achieving its mandate to sustain the development of the country’s petroleum industry. The Chief…
You must serve as catalyst for sustainable growth, Sylva tells new NNPC
By Bassey Udo The new Nigerian National Petroleum Company Limited (NNPCL) must reposition itself as a proactive catalyst for spurring sustainable economic growth of the country, Minister of State for…
Confusion, as CBN denies mandating banks to collect old N500, N1,000 banknotes
By Bassey Udo Confusion reigned on Friday as the Central Bank of Nigeria (CBN) denied mandating deposit money banks (DMBs) to continue collecting deposits from customers in N500 and N1,000…
Redesigned Naira supply crisis: Buhari speaks to Nigerians; extends deadline for old notes to April 10
Amid the crisis in the circulation of the redesigned Naira banknotes by the Central Bank of Nigeria (CBN), President Muhammadu Buhari on Thursday in a national broadcast spoke about efforts…