ROBERTKIRI—LEADERS of Robertkiri, an oil-rich community in Kula Kingdom, Akuku Toru Local Government Area, Rivers State, and officials of Belema Pipeline Nigeria Limited, an arm of Belema Oil Group, in a rare oil firm/host community affiliation, has doused unfounded claim that the company muscularly dislodged residents to expand its facilities in the area.

The Nigerian Content Development Monitoring Board, NCDMB, has allayed concerns that its plan to grow local content implementation in Nigeria by over 70 per cent by 2027 would hamper the directive by the Federal Government to operators in the oil and gas sector to crash crude oil production cost by at least five per cent.

Moody’s Investors Service has said that Nigeria’s weak operating environment posed a challenge to the banking sector in maintaining the recent improving trend, particularly as regards asset quality, given the increasing bank lending.

Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group, Tony Elumelu, has urged African, Caribbean and Pacific (ACP) heads of state to improve the business environment in their countries to drive industrialisation and wealth creation in member states.

The latest financial inclusion report has indicated that the Northern parts of Nigeria are far more marginalized in financial services, just as the Central Bank of Nigeria, CBN, yesterday, suggested solutions to achieve a more inclusive economic growth.