Business & Economy - Page 75

Nigerdock has achieved a significant safety landmark of 17 million man-hours without Lost Time Injury (LTI) across its operations. The noteworthy achievement is indicative of the company’s implementation of global safety standards and sustainable business practices, Nigerdock Chief Executive Officer, Maher Jarmakani

By MIKE ABBAH Nigeria’s external reserves decreased by about $1.19billion in just three weeks and four days. According to data from the Central Bank of Nigeria (CBN), the gross external reserves had reached a high of $40.920billion as at

By MIKE ABBAH The Federal Executive Council (FEC) has approved the issuance of a N758 billion bond to clear outstanding pension liabilities for all categories of pensioners,  a move that is seen offering long-awaited relief to retirees. The approval,

By MIKE ABBAH The value of transactions over Point of Sales (PoS) terminals in Nigeria surged to an all-time high of 18 trillion in 2024, according to data obtained from the Nigeria Inter-Bank Settlement System (NIBSS). Driven by a protracted scarcity

Two functionaries of the Benue State Government, the Commissioner of Education and Knowledge Management, Rev. Frederick Ikyaan and the Director General (DG) Bureau for Education Quality Assurance (BEQA), Dr Terna Francis are currently enmeshed in war of words over who collects

Mr Eric Akinduro, Chairman of Ibadan Shareholders Association, has lamented that efforts to reduce the number of unclaimed dividends in the country have not yielded the desired results. Akinduro told the News Agency of Nigeria (NAN) in Ibadan on Saturday –

Access Holdings Plc has announced the appointment of Mr Uche Orji, as an Independent Non-Executive Director of its subsidiary, Access Bank Plc. A statement last night – Saturday, February 1- by the bank said the appointment took effect from Jan. 7,

Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday – yesterday, February 1. Mr Anthony Chiejina, the Group Chief Branding and Communications Officer, Dangote Petroleum Refinery, said this

The Nigeria Export Promotion Council (NEPC) has disclosed that the Central Bank of Nigeria (CBN) has approved CFA Franc to be captured on Nigeria Export Proceed (NXP) forms for the repatriation of export proceeds. Mrs Nonye Ayeni, Executive Director of the NEPC,