Author: Olabanji Ayoola

A former Presidential aspirant on the platform of the Peoples Democratic Party, PDP, Dr Nwachukwu Anakwenze, has congratulated the Bayelsa State Governor Duoye Diri over his reelection. In a congratulatory message issued on his behalf by his Director General, Comrade Eric Oluwole, and signed by him, he also congratulated three other governors on the PDP […]

President Bola Ahmed Tinubu (left) and Saudi Crown Prince, HRH Mohammed bn Salman during a bilateral meeting on the sidelines of the Saudi-Africa Summit in Riyadh, Saudi Arabia recently. • Stakeholders urge FG to tackle challenges against investment • Demand details of pact on overhauling refineries • What Nigeria stands to gain from the deal, […]

Chairman of Dangote Group, Aliko Dangote confirmed his refinery startup in December 2023, saying that 350,000 barrels per day is the first target of the refinery. He said this to the Financial Times (FT) in a November 25 interview. According to Dangote, the long-awaited refinery is starting with 350,000 barrels a day, He also confirmed […]

Indications have emerged that the chief executive officers and other top executives of Deposit Money Banks have begun moves to raise fresh capital to bolster their respective institutions’ capital base in line with the pronouncement of the Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso. The top executives might have also commenced preliminary […]

• Bank Adopts Inflation Targeting, Says It Meets MPC Meeting Requirement • Discontinues Intervention Programme, To Continue With Core Mandates Commercial banks in the country may be required to increase their capitalisation in coming months. Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, hinted this last night at the 58th Annual Bankers Dinner […]