Nigeria Deposit Insurance Corporation (NDIC) on Thursday warned strongly against the current trend of digital currencies, especially Bitcoins, stressing that they were yet to be approved by Nigerian regulators. The Chief Executive Officer, NDIC, Alhaji. Umaru Ibrahim gave the warning in Lagos, in an address...

A-Former President Olusegun Obasanjo has lamented that political leaders and other key players in both public and private sectors in Africa illicitly launder a whopping sum of $50 billion from Africa annually.  Obasanjo said this at the 1st Annual Nigeria Anti Fraud Conference organised in...

 The Aliko Dangote Foundation is on a mission to reduce the prevalence of undernutrition by 60 percent in the most  needy areas of Nigeria, specifically the North East and North West and has pledged the sum of $100 million to fight the scourge.  The recently...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, commissioned the Lagos Midstream Jetty (LMJ) at the Apapa Harbour in Lagos built a cost of N54.4 billion. LMJ is an initiative of Oando Plc, a major downstream player in...

... Assures of Hitch-Free  Products Supply At Yuletide The Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Dr. Maikanti  Baru has tasked the  management of the Petroleum Products Marketing Company (PPMC)  to re-strategized to ensure leaner operating cost that would enable it continuously...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that Nigeria fervently looked up to the Nigerian Metallurgical Society (NMS) to assist in salvaging the country’s steel industry, noting that the sector was critical to the nation’s...