Business

A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, has criticised the directive by President Muhammadu Buhari, to the CBN to stop allocation of foreign exchange for food importation. He faulted the claims that the nation was self-sufficient in food. Mailafia noted that the policy was not well thought out, stressing […]

Many indigenous underwriting firms have been taken over by foreign investors since the last recapitalisation that took place in the insurance sector, investigation has shown. The National Insurance Commission confirmed that a number of local players in the insurance sector preferred being acquired by foreign entities to becoming stronger through merging with other local operators. […]

The Edo Refinery and Petrochemicals Limited, a project partly sponsored by the Governor Godwin Obaseki-led administration in Edo State and being developed by AIPCC Energy Limited at Ologbo, Ikpoba Okha Local Government Area of Edo State, will commence operation before the end of the year. The fabrication of the 6,000 barrels per day (bpd) modular […]

The National Chairman of the Host Communities of Nigeria Producing Oil and Gas, Dr Mike Emuh, says about 10 modular refineries will soon begin operation across the states of the Niger Delta region. The HOSCON chairman disclosed this on Sunday after he was elected for a second term of four years at the just-concluded Annual […]

Uko, writes on some lessons one can learn from being broke Every job has an expiry date. No job lasts forever. Common sense demands you should be ready when your tenure (which is not under your control) expires. That means you should be ready to go before you are asked to go. I am not […]


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