Daily Query

Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC), has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often lead to insider abuse and non-performing loans. Olukoyede issued the warning recently when he received Mufutau Olawale Abiola, chief audit executive, First

African Development Bank (AfDB) has granted a $200 million loan to support Nigeria’s flagship digital infrastructure initiative, Project BRIDGE, which is designed to expand broadband access across the country. Project BRIDGE, is  a Special Purpose Vehicle (SPV) aimed at deploying at least

Nigeria’s onshore, swamp, and shallow-water basins remain among the most technically rich and commercially attractive in Africa; it could even be argued, in the world. The momentum we are seeing around interest in marginal fields, mature assets, and brownfield redevelopment reflects a