Business

CBN bags NES Award for economic reforms

By Babajide Komolafe The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and contributions to Nigeria’s macroeconomic stability and economic development. The award was presented at the 67th Annual Conference of the NES, held in Abuja from September 7 to 10, 2026. […]
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Chams announces Aladekomo’s retirement, names new helmsman

Chams Plc, an information technology listed entity, has announced some changes in the management of the company in fulfillment of an orderly leadership transition required of publicly traded companies. Founded in 1985, Chams transited from a privately held company into a public liability company in 2008.

AMNI threatens to terminate partnership with Afren

All seem not to be well with the relationship between Afren Energy and Amni International. This is because Afren Energy Resources, a subsidiary of Afren PLC in the UK has received a notice of default and termination from one of its Nigerian partners, Amni International Petroleum Development Company

Price slump: Nigeria prone to uncompetitive investment — Report

Analysts at ARM Research have projected that the slump in the prices of crude oil in the international market will make Nigeria uncompetitive for investments in 2015.The analysts, in their report titled, “Oil Stains on Economic Growth Picture,” also projected further crisis regarding Nigeria’s fiscal savings, saying that state governments will resist any attempt to save some money in the Excess Crude Account, or Sovereign Wealth Fund.

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