President Muhammadu Buhari has approved the composition of the board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the NNPC Act of 1997, as amended.The new board, according to a statement by the Special Adviser on Media and Publicity, Femi Adesina, is chaired by the Minister of State for

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To ensure that the ports are not congested, the Nigerian Shippers Council (NSC) is insisting on 48-hour clearance of goods.At a meeting with terminal operators, Nigerian Customs Service (NCS) officers and other stakeholders, NSC Executive Secretary Hassan Bello argued that meeting the cargo clearance deadline was the only way to free the

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Micro, Small and Medium Enterprises (MSMEs) in the country is set to receive a boost as the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Footprint to Africa, a foremost business and financial news resource and investment bridge company has forged a synergy of cooperation which will lead to creation of at least

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Oil prices dropped more than three per cent yesterday due to return of Nigerian and Canadian crude output from outages and as traders booked profits at the end of the best quarter in seven years.According to Reuters, the market soared more than 25 per cent in the second quarter, as part of an 85 per cent rebound since hitting 12-year lows early

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Small and Medium Enterprises (SMEs) are cutting costs to boost profitability amid slow revenue growth.Association of Micro Entrepreneurs of Nigeria (AMEN) President, Prince Saviour Iche lamented that small businesses were confronting wages and input costs as well as regulatory burdens across n various sectors.According to him, SMEs are

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As part of its commitment to building and supporting economic growth and development in the country, Diamond Bank, in partnership with SME100, has rolled out strategic capacity development programmes that would boost the productive strength of micro, small and medium scale enterprises, MSMEs.The bank’s Chief Executive Officer, Uzoma

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In line with its statutory mandate for mass employment creation through skills acquisition, the National Directorate of Employment (NDE), has concluded arrangements for the take-off of several new employment creation schemes, the acting Director-General, Kunle Obayan, has said.Obayan said the new employment scheme, tagged: School-To-Work

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