NNPCL indicates that Petrobras is exploring fresh investment possibilities in the deep waters of Nigeria.

Investment

NNPCL indicates that Petrobras is exploring fresh investment possibilities in the deep waters of Nigeria.

Nike5 months ago04 mins

The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Petrobras, the state-owned oil behemoth of Brazil, is seeking new avenues in Nigeria’s upstream sector, focusing particularly on deepwater and ultra-deep-water ventures. In a message shared on X (formerly Twitter) on Wednesday, NNPCL stated that its Executive Vice-President for Upstream, Udy Ntia, engaged with Petrobras…

In what ways the 2025 Nigerian Insurance Reform Act will transform the sector – Tunji Andrews

Nike5 months ago05 mins

Economist and founder of Awabah, Tunji Andrews, asserts that the Nigerian insurance sector is on the brink of significant change following the implementation of the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Enacted earlier this month by President Bola Tinubu, this legislation brings forth extensive modifications designed to modernize the industry, enhance regulatory supervision, and…

Reasons Behind Our Advocacy for NBS to Adjust ICT GDP in Nigeria – NITDA Director General

Nike5 months ago4 months ago05 mins

Kashifu Inuwa, the Director-General of the National Information Technology Development Agency (NITDA), has articulated the rationale behind his team’s recommendation for the Nigeria Bureau of Statistics (NBS) to update the Information and Communications Technology (ICT) sector’s measurements. Inuwa emphasized that the NBS’s adjustment of the ICT GDP was essential due to the digital economy’s integration within every facet of the Nigerian economy. He shared these insights on Wednesday while serving as the keynote speaker at the 3rd Annual Economic Confidential Lecture & PRNigeria Book Presentation focused on the theme ‘AGENDA FOR A DIGITAL GLOBAL ECONOMY.’ Interplay of Digital Economy and Nigeria’s EconomyInuwa explained that there was no such thing as a digital economy standing on its own, but rather digital technology remains a tool that can power the Nigerian economy.“If you think of agriculture, healthcare, education, finance—today they all rely on digital. Therefore, we also push for…

Federal Government blames multiple loan deductions for workers’ poor access to housing loans

Nike5 months ago4 months ago04 mins

The Federal Government has said that many federal workers cannot access its housing loan schemes because their salaries are already burdened by deductions from multiple loans taken from commercial lenders. Executive Secretary of the Federal Government Staff Housing Loans Board, Hajiya Salamatu Ahmed, made this known at the Permanent Secretaries’ Quarterly Forum with Union Leaders,…