Dr. Jane Kimemia, Chief Executive Officer of Optiva Capital Partners, has been bestowed with the prestigious U.S. President's Lifetime Achievement Award in recognition of her significant humanitarian contributions and unwavering commitment to community development.   The award, presented at the...
The Nigerian National Petroleum Company Limited (NNPC) has highlighted its key achievements, including securing a $1 billion loan backed by crude oil to support the Dangote Petroleum Refinery. Speaking at the Energy Relations Stakeholders Engagement in Abuja, Chief Corporate Communications...
Africa faces a staggering $74 billion debt servicing burden this year, a significant challenge exacerbated by limited access to affordable liquidity, according to Prof. Kevin Urama, Vice President and Chief Economist, Economic Governance and Knowledge Management, African Development Bank...
Nigeria experienced a significant surge in inflation in November 2024, with the headline inflation rate reaching 34.60%, a 0.72 percentage point increase from October. This alarming figure, released by the National Bureau of Statistics (NBS), underscores the continued economic...
The ongoing cash scarcity in Nigeria is severely impacting businesses, particularly Micro, Small, and Medium Enterprises (MSMEs), according to the Organized Private Sector (OPS). The OPS has joined calls for the Central Bank of Nigeria (CBN) to address the...
Bruit Costaud, a leading strategic policy communications and government affairs firm, has announced a partnership with NexHub, a non-oil export promotion organization, to significantly boost Nigeria's creative exports to the global market.   This strategic alliance leverages the expertise of...
Silverbird Group, a leading name in entertainment and media, successfully hosted the much-anticipated Silverbird's World of Records (SWORD) Food Battle at the Silverbird Galleria. The electrifying competition brought together talented contestants, cheering audiences, and a memorable showcase of food,...
SCOA Nigeria Plc has issued a strong rebuttal against recent media reports criticizing the appointment of its Managing Director/Chief Executive Officer, Mr. Massad Boulos, as a Senior Adviser on Arab and Middle East Affairs to the President-elect. The company...
The Dangote Refinery is making significant strides in the global energy market, with recent exports of Premium Motor Spirit (petrol) to neighboring countries like Cameroon, Angola, Ghana, and South Africa. This news, coupled with the growing demand for its...
The Central Bank of Nigeria (CBN) has issued a strong warning to Deposit Money Banks (DMBs), announcing a hefty fine of N150 million per branch for facilitating the illegal flow of mint naira notes to currency hawkers. This move...