NAICOM Rallies towards IFRS on Insurance Contracts The National Insurance Commission (NAICOM) has activated its machinery as part of efforts towards the launch of the new International Financial Reporting Standard 17 (IFRS 17) for Insurance Contracts scheduled for January next...

26 Firms Succeed to Lift Nigeria’s Crude Oil The Nigerian National Petroleum Corporation (NNPC) has selected 26 foreign and local firms including twelve (12) countries to lift the country’s crude oil for the twenty four months. The crude term  pacts, expected...

DBN Gets Tripple “AAA” Long Term Rating from GCR Global Credit Ratings (GCR), one of the leading rating agencies in Africa, has assigned the Development Bank of Nigeria a “AAA” Long Term National Scale rating. GCR stated this on its...

Petroleum Sector Reforms: Let’s Say No To The Cannibals By Ojie Ejemhen There is no doubt that the downstream sector of the nation’s petroleum industry requires fundamental reforms to restructure its operations and reset its priorities and national objectives to align...

Jaiz Bank Declares N979.17m Profit for Q1, 2021 Financial result of Jaiz Bank Plc for the first quarter ended 31 March 2021 was released to the Nigerian Stock Exchange, the result show that the Bank’s gross revenue increased by 43%...

Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC … Says Project to Generate 3,000 Jobs as Construction Work Kicks off The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project...