Business

Digital Finance growth outpaces confidence — Bridgforte

Digital Finance growth outpaces confidence — Bridgforte

The rapid growth in digital finance is outpacing public confidence in the financial ecosystem, prompting the Bridgforte Centre for Global Impact to launch a new governance framework and the Trust Lab to strengthen trust in platform-led finance.
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Forensic Audit: Alison-Madueke declares NNPC’s accounting most transparent

Forensic Audit: Alison-Madueke declares NNPC’s accounting most transparent

Despite various allegations of financial impropriety levelled against the Nigerian National Petroleum Corporation, NNPC, on a continuous basis, the Federal Government has defended the Corporation, saying it is the most transparent organisation in terms of its processes and accounting. Speaking in an interview in Abuja, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, said the NNPC is today more transparent than it has ever been over the last 25 years.

Petrolog acquires ocean diving vessel

Petrolog acquires ocean diving vessel

Oil service giant, Petrolog Group, has acquired an ocean diving support vessel to boost its operations and advance the local content policy of the Federal Government, thereby setting the pace in its area of operations. The brand new 100 per cent Nigerian flagged, ABS classed Dynamic Positioning, DP2, dive support system vessel, which is currently in Nigerian waters is the largest indigenous owned vessel in its class and is capable of providing diving, offshore construction and field support.

Scarcity mars FG’s ‘Kero Correct’ initiative lConsumers express frustration

Scarcity mars FG’s ‘Kero Correct’ initiative lConsumers express frustration

Four weeks after the Nigerian National Petroleum Corporation, NNPC launched its kero correct project, aimed at making kerosene available to all corners of the country, the exercise appears to have been marred by non-availability of the product. This is as Nigerians, who had expressed relief with the seeming reduction in price are frustrated by their inability to access the product.