Nigeria needs $12bn to clean up decades-old oil spills in southern Bayelsa State over a 12-year period, a new report revealed on Tuesday, as it singled out two international oil companies, Shell and Eni, for being responsible for most of the pollution. Oil majors in Nigeria have long faced legal challenges over Niger Delta spills,…
Abuja Chamber of Commerce and Industry (ACCI) delegation led by the Executive Director National Chamber Policy Centre (NPAC) of the Chamber, Mr. Chidiebere Onwumere paid a courtesy call on the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) seeking partnership for the upcoming SME event, “The Funding Forum” jointly owned by ACCI and Centre…
The Abuja Chamber of Commerce and Industry (ACCI) joins the rest of the world to celebrate the 2023 Workers Day. The Chamber applauds all workers in Nigeria for their effort, hard work and dedication towards national economic growth and development of the country. The International Labour Day also know as Workers Day Nigeria is celebrated…
The Central Bank of Nigeria (CBN) has denied rumours of a plan to withdraw newly redesigned banknotes from circulation. In a statement issued by the Acting Director of Corporate Communications, Dr Isa AbdulMumim, the CBN dismissed the speculations as baseless and aimed at creating unnecessary panic among the public. “We wish to state emphatically that…
By Sufuyan Ojeifo But for an international conference that engaged Justice Inyang Ekwo outside the country on March 28, this year, and made it impossible for him to give his judgment in the suit by Senator Ifeanyi Godwin Araraume against President Muhammadu Buhari and two others in which, as the plaintiff, he (Araraume) challenged his…
The President of Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar has joined other leaders across the world to felicitate with all Muslim faithfuls for the celebration of the 2023 Eid-el-Fitri. Dr Abubakar who stated that the celebration is significant to Muslims added that Ramadan season was a period to pray to God…
The International Technology and Communications Expo (ITEC EXPO 2023) organized by Afrinex West Africa Limited is Africa’s top investment business Expo established to bridge the gap between African investment prospects and international investors with the main goal of taking on all of the stringent processes for bringing new investors into the economy and also with…
▪︎ Restored to office▪︎ Awarded N5b in damages▪︎ Judgment voids all decisions by board since removal In a historic decision against a sitting President, Justice Inyang Ekwo of the Federal High Court on Tuesday voided the removal of Senator Ifeanyi Godwin Araraume as non-executive chairman of the Board of the Nigeruan National Petroleum Company Lmited…
ALAT by Wema, Africa’s first fully digital bank, is celebrating its sixth anniversary with the launch of “Sounds of ALAT,” a boot camp and creative workshop aimed at supporting young creatives in the entertainment industry in Nigeria. The event, which will run from May 1 to 5 at Wema Bank, Purple Academy, will equip participants…
The Central Bank of Nigeria, CBN, has slammed a minimum fine of N2 million as penalty on banks that disobey its new guidelines on the management of dormant accounts, unclaimed balances and other financial assets in financial institutions in the country. CBN defines a dormant account as a bank account that has remained inactive for…
