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SEC warns crypto currency players to stay off Nigeria
Securities and Exchange Commission (SEC) has restated its averseness to crypto currency exchange operations in the country, warning online platforms that prospect such investments to stay away from Nigeria. In reiterating its directive to the global crypto play, SEC pointed…
Research confirms zero health benefit from alcoholic drink
Sopuruchi Onwuka Despite the popular medical advice of one or two drinks a day for men and only one drink for women, a latest published research has concluded that apart from the crave and flavors, there is absolutely no health…
Japa!: Four Nigerian stowaways make surprise landing in Brazil
Sopuruchi Onwuka, with agency reports Four men from Nigeria who hid in the rudder of an ocean going vessel with the hope of reaching Europe ended up in Brazil where authorities gave them a surprise rescue after surviving harrowing two…
Tinubu channels subsidy savings to production incentives, social facilities
N800 bn for SME, agric, CNG transport schemes Student loans, minimum wage, infrastructure funds in package Sopuruchi Onwuka President Bola Tinubu has declared that the present administration of the federal government would deploy funds hitherto used in subsidizing domestic price…
NNPC proposes broader collaboration on sustainable energy
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited proposes broad stakeholder collaboration in driving energy sustainability for the country’s development in the face of prevailing energy transition from fossil fuels. Group Chief Executive Officer, Mallam Mele Kyari, also declared…
Gas can lift Africa out of poverty __Farouk Ahmed
Sopuruchi Onwuka Inability of Nigeria and other African countries to harness its huge gas resources into abundant energy is responsible for acute poverty in the continent, the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),…
NCDMB enlists judicial support for NOGICD Act
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) is strengthening its partnership with the judicial officers in the country to guarantee realization of the full economic aspirations of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act…
CBN’s forex mishap leaves the Naira rolling downhill __EIU
Sopuruchi Onwuka The hasty moves by the current administration of the federal government to dismantle all support instruments installed by the ousted Governor of the Central bank of Nigeria (CBN), Mr Godwin Emefiele, has pushed the Naira into a helpless…
TotalEnergies acquires Total Eren for €1.5 bn
TotalEnergies has announced full acquisition of Total Eren, its renewable energy partner, and integrating it into its corporate renewables business unit. The €1.5 billion deal entails buying out Total Eren’s other shareholders and increasing TotalEnergies’ stake to 100%. TotalEnergies had…
IFC Partners with South African Banks to Boost Climate Finance
International Finance Corporation (IFC) has declared partnership with the Banking Association South Africa (BASA) to help increase climate finance in the country and pave the way for a transition to a low carbon economy. Under the new agreement, IFC will…
