NGA commends Federal Government’s Refocus on Autogas in the Wake of Premium Motor Spirit subsidy removal The Nigerian Gas Association (NGA), the umbrella body and the lead voice of the operators and players in the country’s entire gas value chain, is proud to announce its support for the Federal Government’s renewed focus on prioritising […]
Seplat Energy appoints Chioma Y. Afe as Director External Affairs and Sustainability The Board and Management of Seplat Energy Plc are pleased to announce the appointment of Mrs. Chioma Y. Afe as the Director, External Affairs and Sustainability effective June 15th, 2023. Chioma is an accomplished strategic Senior Communications Executive and Business Leader with over
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Club 70’s Epe celebrate 20th Anniversary, induct new members in grand ** Presents Awards and inaugurate new executives ** As Lawmakers, community leaders urge the club to embrace unity, togetherness The member Lagos State House of Assembly representing Epe Constituency I, Hon. Abiodun Tobun and High Chief Olawale Mogaji, the Otun Balogun of Epe
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FUEL SUBSIDY: Oil marketers set to import petrol as CBN liberalizes forex By Eyo Nsima Oil marketers in Nigeria have concluded plans to import petrol from the global market as a result of the latest liberalization of exchange rates by the Central Bank of Nigeria, CBN. Checks by The Daily, www.thedaily-ng.com, indicated that many stakeholders, including
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Spaces for Change commends Signing of Nigeria Data Protection Act, 2023 into Law By Eyo Nsima A Spaces for Change has welcomed the signing into law of the Nigeria Data Protection Act, 2023 by President Bola Ahmed Tinubu on Wednesday, 14th June 2023. The organization maintained that the landmark legislation provides a robust legal framework
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Naira value drops to N664.04/$ at official market as CBN liberalizes market By Eyo Nsima The Naira lost almost half of its value in the official market as the exchange rate in the Investors and Exporters, I&E window rose to N664.04 per dollar from N471.67 per dollar on Tuesday, following the adoption of new
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EFCC UPDATE: President Tinubu names Mohammed Umar Acting Chairman By Eyo Nsima President Bola Tinubu has appointed Mohammed Umar as the Acting Chairman, of the Economic and Financial Crimes Commission (EFCC). Umar, who was the Director of Operations in the Commission, has been directed to take over the affairs of the commission. Already, President Tinubu has
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BREAKING: President Bola Tinubu suspends EFCC Chairman By Eyo Nsima President Bola Ahmed Tinubu,GCFR, has approved the indefinite suspension from office of Mr. AbdulRasheed Bawa, CON, as the Chairman, Economic and Financial Crimes Commission (EFCC) to allow for proper investigation into his conduct while in office. In a statement obtained by The Daily, www.thedaily-ng.com, Willie Bassey, Director,
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MARKET UPDATE: Oil prices slide on EIA report as OPEC plans anniversary in Bagdad By Eyo Nsima Crude oil prices started to drop Wednesday, due mainly to the Energy Information Administration an estimated inventory build of 7.9 million barrels. Traders considered the figure huge considering an inventory draw of half a million barrels for the
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CPPE LAUDS THE UNIFICATION OF EXCHANGE RATE The Centre for the Promotion of Private Enterprise [CPPE] welcomes the bold step taken by the Tinubu administration towards the unification of the naira exchange rate. The liberalization of the foreign exchange market would unlock the huge potentials for investment, jobs and capital flows. Investors’ confidence would be
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