Upstream regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the country’s crude oil and condensate production dipped by 26,391barrels per day from 1.57 million barrels per day (mb/d) in August 2024 to 5.44mb/d. This was contained in its crude oil production report of September 2024. The data said in the period under review,…
MTN Nigeria’s Customer Service Week was a blast. With the theme: “Above & Beyond,” this week-long celebration was all about spreading joy, giving back to customers, and creating unforgettable moments. From surprise visits by top execs to a special goodwill message from the company’s CEO, Karl Toriola to cool giveaways, it was a week packed…
THE Executive Chairman, Courier and Logistics Management Institute (CLMI), Distinguished Prof Simon Emeje, has said the courier and logistics sub-sector can boost Nigeria’s gross domestic product (GDP) by 60 per cent, if fully tapped. The CLIMI boss said tapping into the industry with assets worth over ₦15 trillion requires regulatory excellence and innovation. He made…
THE Yemisi Shyllon Museum of Art (YSMA) at Pan-Atlantic University has announced the opening of Collecting Now: Perspectives on Contemporary Art Collecting in Nigeria on Saturday, October 26. 2024. This groundbreaking exhibition offers a unique insight into the personal and curatorial journeys of six influential Nigerian art collectors, whose passion, vision, and dedication have been…
By Motunrayo Akintunde A pioneering multi-category app, Glovo, in partnership with the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment, and She Code Africa, has launched Women in Tech Bootcamp. This initiative is designed to equip 100 women with essential digital skills to excel in the dynamic tech industry by providing fully funded scholarships…
Pay Tv service provider, StarTimes yesterday said its foray into the solar power sector was to complement Federal Government’s efforts at closing the yawning gap in power supply to homes and businesses across the country. The Chinese technology company, through its subsidiary, StarTimes Solar, said by taking power demand off the national grid and switching…
The World Economic Outlook (WEF) has released Chief Risk Officers report, which has warned countries against cyber risk heightened by geopolitical tensions and conflicts. In a report, the risk officers said that in total, 71 per cent of respondents expect cyber risk and criminal activity to severely impact organizations for the remainder of 2024. This…
Transcorp Power Plc, one of the power subsidiaries of Transcorp Group, recorded three-digit growths across key performance indicators in the third quarter, with profit before tax rising by 198 per cent to N81.1 billion. Key extracts of the interim report and accounts for the nine months ended September 30, 2024 released at the Nigerian Exchange…
The Executive Board of the International Monetary Fund (IMF) on Tuesday announced a Review of Charges and the Surcharge Policy that allows it lend to countries at a lower rate. In a statement, Managing Director of the IMF, Kristalina Georgieva, said the global economy is challenging for many countries, and the Fund has to slash…
