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TimeLine Layout

April, 2021

  • 14 April

    CAC To Bar Non-Remitting Entities from Public Contracts

    Oluwasina Phillip The outgoing Chairman, Corporate Affairs Commission (CAC) Governing Board, and Nigerian Ambassador designate to Spain, Mr. Ademola Seriki, has said the commission is presently seeking the approval of the Federal Executive Council (FEC), to ensure that registered entities do not benefit from government contracts unless they filed their …

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  • 14 April

    DPR To Launch Alternate Dispute Resolution Centre To Strengthen Petroleum Industry

    Ololade Omosan-Agie The Department of Petroleum Resources has announced plans to commission its Advisory Council and Body of Neutrals of the oil and gas industry’s Alternative Dispute Resolution Centre in Lagos. The Centre, according to the Department would  deliver timely arbitration, mediation and conciliation services for the industry. The Head, …

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  • 14 April

    NNPC Records 37% Decline In Pipeline Vandalism In January

    Ebuka Daniel The Nigeria National Petroleum Corporation has announced a 37.21 per cent decrease in cases of pipeline vandalism across the country in January 2021. The Corporation said that a total of 27 pipeline points were vandalized in January 2021, down from the 43 points recorded in December 2020. According …

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  • 14 April

    Rolls-Royce Grosses Highest Sales In 2021

     British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales results in 2021, reporting a 62 per cent increase over the same period in 2020. This was disclosed in a Tuesday statement signed by the General Manager, Marketing and Corporate Communications of Coscharis Group, the exclusive franchise owner for …

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  • 14 April

    We ‘ve disbursed over N100bn as digital loans—Sterling Bank

    Oluwasina Phillip Sterling Bank said it has disbursed over N100bn digital loans and about N5bn digital credits through its digital credit solution online instant lending platforms called Specta and PaywithSpecta. It disclosed this in a statement on Tuesday. Specta and PaywithSpecta provide services to salaried and self-employed individuals, small and …

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  • 14 April

    NESG Appoints Eight Board Members

    Ololade Omosan-Agie Nigerian Economic Summit Group has announced the appointment of eight new members into its board of directors. In a blog post, NESG noted that the appointments were made at its 2021 Annual General Meeting held on Tuesday. The group listed the newly appointed members to be Managing Partner, …

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  • 14 April

    CBN Supports Manufacturing Sector With N803bn

    Ebuka Daniel As at the end of February this year, the Central Bank of Nigeria has disbursed about N803bn as Manufacturing sector’s intervention.Figures obtained from the CBN reports on the Monetary Policy Committee revealed this. “Under the N1tn manufacturing intervention stimulus, the total of N803.36bn has been disbursed to 228 …

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  • 14 April

    Oil Price Rises For Fifth Consecutive Month

    Babajide Iletogun The average global crude oil prices have continued to rise for the fifth consecutive month, the Organisation of the Petroleum Exporting Countries said on Tuesday. OPEC attributed the continued rise in international oil prices to the supportive oil market fundamentals deployed by the group to stem the earlier …

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  • 14 April

    Italian Trade Agency, NEPC To Assist Nigerian Entrepreneurs Boost Access To EU Markets

    Ololade Omosan-Agie As part of its commitment to boost trade relationships with Nigeria, the Italian Trade Agency has unveiled its training programme for entrepreneurs in the agriculture sector. The Italian Trade Agency Director for West Africa, Alessandro Gerbino, in a statement on Tuesday, said the agency had unveiled an E-Lab …

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  • 13 April

    Refineries With Expired Licenses Can Apply For Revalidation–DPR

    Ebuka Daniel The Department of Petroleum Resources has announced that refineries with invalid licences can apply for revalidation to migrate to a new milestone. The Department had declared 32 private refinery licences invalid stating that the licences expired since 2018. Among these refineries are: BUA Refinery & Petrochemicals (Akwa Ibom); …

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