Новости за 18.07.2024

Chappal Energies has entered into a Sale and Purchase Agreement to acquire TotalEnergies Exploration and Production Nigeria Limited’s 10 per cent non-operated interest in its onshore and shallow water assets within the Shell Petroleum Development Company Joint Venture in the Niger Delta. The PUNCH learnt that the transaction is expected to close by December 31,

The Registrar and Chief Executive of the National Examinations Council, Prof. Ibrahim Wushishi, on Wednesday, revealed that a total of 1,376,391 candidates across seven West African countries are sitting the 2024 NECO Senior Secondary Certificate Examination. The 2024 NECO SSCE commenced on June 19 and will end on July 25, with candidates taking a total

No fewer than 6,500 civil servants who sat the 2023 Federal Civil Service Promotion Examinations failed. This is according to a list obtained by The PUNCH from the Federal Civil Service Commission, on Wednesday. The PUNCH reports that no fewer than 10,900 civil servants sat the 2023 examination, held across the various states of the

Data from the Central Bank of Nigeria has revealed that the average foreign exchange turnover grew by 180.47 per cent in one year to $240.64m as of the end of February. This is an increase from the average FX turnover of $85.80m recorded in February 2023. This was disclosed in the Central Bank of Nigeria

The Chairman of Akwa Ibom State Bulk Purchase Agency, Dr Dan Akpan, speaks about the current food crisis ravaging the country and the government’s plan to mitigate its effects, especially on the poorest of the poor in this interview with PATRICK ODEY. Excerpts: What motivated Governor Umo Eno to establish the Bulk Purchase Agency? I

In this report, HENRY FALAIYE examines how the growing population is exacerbating Nigeria’s infrastructure deficit As Nigeria’s population rapidly expands, the country faces growing challenges in infrastructure development. The infrastructural deficit, exacerbated by this population surge, is increasingly evident across various sectors, including transportation, housing, healthcare, and roads, among others. The demand for essential services

Bühler, in collaboration with Flour Mills of Nigeria Plc, has opened a state-of-the-art grains application centre in Kano, Nigeria. In a statement on Wednesday, the initiative aims to process local and ancient grains, addressing food insecurity in Nigeria and across Africa. According to the Food and Agriculture Organization of the United Nations, food insecurity affects

The Senate has approved President Bola Tinubu’s request to amend the Finance Act to impose a one-time windfall tax on banks’ foreign exchange profits in 2023. This request was contained in a letter sent on Wednesday and read by Senate President, Godswill Akpabio. A windfall tax is a higher tax levied by the government on

The Nigeria Wholesale Impact Investment Fund has launched a $100m fund and appointed Kuramo Capital Management as its official fund manager. In a statement made available to our correspondent, this partnership marks a step in Nigeria’s efforts towards sustainable development through impactful investments. “The structuring of the Nigeria Wholesale Impact Investment Fund is set to

MTN Nigeria has set a target to build the largest fintech platform in the country, aiming to reach 30 to 40 million active MTN MoMo wallets by 2025. This was disclosed in its sustainability report filed with the Nigeria Exchange Limited on Tuesday. “MTN Nigeria has set a target of building the largest and most

United Capital grew post-tax profit by 65 per cent to N7.74bn in the first half of 2024, from N4.69bn recorded in the same period in 2023. This was disclosed in its half-year 2024 financial statement filed with the Nigeria Exchange Limited on Wednesday. The company’s gross earnings rose by 37.5 per cent to N15.15bn compared

The Peoples Democratic Party Governors’ Forum, on Wednesday, welcomed the verdict of the Supreme Court granting financial autonomy to local governments. The PDP governors also called on the Federal Government to speed up the ongoing deliberation of the new minimum wage. They stated this at their meeting in Enugu State on Wednesday. The meeting was

Kenyan police said late Wednesday “no demonstrations would be permitted” in the centre of the capital Nairobi, following deadly anti-government protests. The country has been roiled by initially peaceful rallies sparked by now-abandoned tax hikes, which degenerated into violence that has left scores dead, according to a state-funded rights group. President William Ruto has scrambled