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Dangote Refinery exports PMS to Cameroon

Dangote Refinery exports PMS to Cameroon

By Peter Egwuatu In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. Dangote, in a statement yesterday, said the  milestone achieved was as a result of  the  strategic collaboration between the two companies, […]

Interest rate, others drive up investments in Mutual Funds by 89.12%

Interest rate, others drive up investments in Mutual Funds by 89.12%

By Peter Egwuatu Investors have stepped up bullish position on the Mutual Funds investment window pushing the total Net Asset Value, NAV, Year-on-Year, YoY,    to N3.826 trillion in November, 2024, about 89.12%    growth over N2.023 trillion in the corresponding period 2023. Mutual Fund is a professionally managed investment window that pools money from many […]

Okonjo-Iweala, Kemi Badenoch: The shaming of Nigerian statehood, by Olu Fasan

Okonjo-Iweala, Kemi Badenoch: The shaming of Nigerian statehood, by Olu Fasan

The strength of any country consists of its natural resources, human resources and capital assets, namely, the economic wealth that delivers higher living standards. The first two determine the third. If a country can successfully harness its natural resources, using its human talent, it will prosper; if it can’t, it will fail. Now, Nigeria is known […]

Lagos State sensitizes staff on cybercrimes

Lagos State sensitizes staff on cybercrimes

By Olasunkanmi Akoni An expert in technology, Dr. Godwin Asogbon, has stressed the need for both Federal and State Governments to review the existing cyber security policy in the country in order to effectively secure financial transactions of the citizens. Asogbon, Managing Director, Globatech World Professionals, made the call at a three day Annual Retreat for […]

AFD extends additional 50m Euros funding to DBN

AFD extends additional 50m Euros funding to DBN

By Emma Ujah, Abuja Bureau Chief The French Agency for Development (Agencie Francaise De Development -AFD) has provided the Development Bank of Nigeria (DBN) an additional 50 million Euros line of credit for on-lending to women entrepreneurs in the country. A partnership agreement to that effect was signed between the two organisations in Abuja yesterday. Managing […]