Category Business

Buhari Requests For N402bn Promissory Notes

Eunice Afolabi  Nigeria’s President, Muhammadu Buhari, is asking the Senate for the approval of the issuance of promissory notes totalling over N402 billion. Mapnews reports that the first of such requests read in plenary by Senate President, Ahmad Lawan, was…

Ecobank names Awori CEO

Kenyan banker Jeremy Awori has been appointed as the new CEO of the West Africa-based Ecobank Group, replacing the retiring Ade Ayeyemi who, as CEO, has been a driving force behind the bank’s realisation of its pan-African ambitions since his…

NEITI Reclaims N2.6trn Revenue from Oil Coys

The Nigeria Extractive Industries Transparency Initiative (NEITI) National Assembly intervention has reclaimed 2.6 trillion in revenue from oil firms. While a total of 2.6 billion dollars remained outstanding in the hands of companies in March 2022. The Executive Secretary of…