• CBN Sets September Deadline for Mutilated Notes

    CBN Sets September Deadline for Mutilated Notes0

    Organised labour lauds Emefiele Nume Ekeghe and Solomon Elusoji. The Central Bank of Nigeria (CBN) has said banks now have between June 3 and September 2, to collect and sort all mutilated notes in their possession for reissuing The central bank’s Director of Corporate Communications, Mr Isaac Okorafor, made the disclosure while engaging with leaders

    READ MORE
  • Otedola confirms sale of Forte Oil, to Focus on Power Generation

    Otedola confirms sale of Forte Oil, to Focus on Power Generation0

    Mr Femi Otedola has sold his 75 per cent majority stake in the oil marketing company, Forte Oil, divesting a total of his 970.17 million shares of Forte Oil, worth N64.38 billion on the floors of the Nigerian Stock Exchange (NSE) in an off-market trade. Otedola on Wednesday announced his exit from Forte Oil Plc

    READ MORE
  • Buhari Appoints Mele Kyari as NNPC GMD

    Buhari Appoints Mele Kyari as NNPC GMD0

    President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as new Group Managing Director for the Nigerian National Petroleum Corporation. Mr. Mele Kolo Kyari who hails from North-East will take over from Dr. Maikanti Baru. His appointment takes effect from July 7, 2019. The President has also appointed seven new Chief Operating Officers for the

    READ MORE