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NCDMB, ACAN partner on corruption-free workplace
The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitization workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the types and potential consequences of corruption…
Nigeria tops “Most Dangerous Countries in the World in 2023”
Sopuruchi Onwuka Nigeria’s disrepute in the international investment stage has been further worsened by its ranking as the most dangerous country in the world for investors. According to the gradation by Insider Monkey which provides high quality evidence based advisory…
CBN in secret $8 bn deals with Goldman, JPMorgan
Granted unofficial N22.9 tn debt to Buhari’s govt Nigeria’s central bank disclosed huge $8.0 billion deals with JP Morgan and Goldman Sachs in documents that also confirmed it illegally advanced massive N23.18 trillion instead of statutory N252 billion to the…
Oil prices become stable demand concenrns wane
Brief surge in oil prices rolled to a stop at the weekend after China’s uncertain economic outlook and a large US inventory build up addressed supply concerns. Also, pledge by Iran to increase its oil output proptly wiuped fears that…
Australian LNG workers’ strike propels gas prices
Industrial dispute at liquefaction facilities operated by Woodside Energy Group and Chevron in Australia led to workers’ decision to embark on strike, boosting gas prices as European buyers fear supply disruption. Local news reports hold that the planned strike could…
NSML launches initiative against marine pollution
Sopuruchi Onwuka Indigenous shipping and maritime services provider, the NLNG Shipping and Marine Services Limited (NSML), has launched off a campaign to mobilize mass action against pollution of the nation’s aquatic resources. The company which launched its Clean Water Initiative…
Tinubu’s forex blunder sends inflation soaring
Sopuruchi Onwuka The Naira fell to a new low on Friday as new gaps begin to emerge between official rates and the parallel market despite despite the executive fiat by the new administration of Alhaji Bola Tinubu to enforce a…
Golar points at MKII FLNG vessel for NNPC’s Yoho gas project
Sopuruchi Onwuka Liquefied Natural Gas (LNG) facility developer, Golar LNG, is considering two floating liquefaction vessels for proposed development of the Yoho gas field in Nigeria. The Yoho field is currently operated by ExxonMobil’s Mobil Producing Nigeria (MPN) Unlimited with…
Chevron commends Ondo State Government for its visionary “Develop Ondo 2.0 Summit”
Chevron Nigeria Limited has commended the Ondo State government for its visionary initiative in providing a dynamic platform for the state to present its vast potential and opportunities to the investment community, both within Nigeria and beyond with the “Develop…
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…
