Dr Riverson Oppong, Africa Regional Director, Society of Petroleum Engineers (SPE) International, has called for stronger alignment of digital technology, capital and policy framework to achieve sustainable oil growth in Africa.Continue Reading
By Grace Alegba Some financial experts have emphasised the need for strong risk management and ethical governance to ensure that bank recapitalisation drives deliver sustainable economic growth. The experts made this known on Thursday at a virtual Risk Roundtable organised by the Association of Enterprise Risk Management Professionals (AERMP). TheContinue Reading
By Grace Alegba The Central Bank of Nigeria (CBN) says strong governance and risk discipline are critical to the success of Nigeria’s ongoing bank recapitalisation programme. Dr Blaise Ijebor, Director of Risk Management Department and Chief Risk Officer at CBN, said this on Thursday at a virtual risk management roundtableContinue Reading
By Naomi Sharang The Federal Government has secured 746million pounds for the modernisation of the Apapa and Tin Can Island Ports in Lagos. The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, made this known while declaring open the ‘Blue Economy Investment Summit 2026’. Oyetola said that the projectContinue Reading
By Vivian Emoni The Federal Government has inaugurated the Governing Board of the Nigeria Commodity Exchange (NCX) to strengthen commodity trading and accelerate Nigeria’s transition to a non-oil, export-driven economy. The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, inaugurated the board on Thursday in Abuja. Oduwole said thatContinue Reading
By Taiye Olayemi Wema Bank Plc says its profit before tax rose to N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion recorded in 2024. The bank disclosed this in a statement on Wednesday in Lagos. It said its 2025 performance reflectedContinue Reading
By Okeoghene Akubuike African Export-Import Bank (Afreximbank) has approved a $10 billion programme to shield African and Caribbean economies from the financial shocks caused by the escalating conflict in the Middle East. The Gulf Crisis Response Programme (GCRP) aims to protect financial institutions and corporations from market volatility followingContinue Reading
By Okeoghene Akubuike Abuja, April 7, 2026( NAN) The Federal Government on Tuesday unveiled the 2025 National Health Facility Survey(NHFS), highlighting significant progress in service delivery while identifying key gaps requiring urgent attention. Dr Iziak Salako, Minister of State for Health and Social Welfare, said in Abuja thatContinue Reading
The Petroleum Technology Development Fund (PTDF) has begun screening of 5,885 shortlisted candidates nationwide for its 2026/2027 Overseas Scholarship Scheme (OSS) for MSc and Ph.D award.Continue Reading
Power By Constance Athekame Residents of the FCT), have expressed optimism that with the approval of N3.3 trillion by the Federal Government to settle the long-standing debts owed generation companies, electricity supply will improve. The residents spoke to the News Agency of Nigeria (NAN) in Abuja on Tuesday. NAN reportsContinue Reading
