Lagos, Abuja, Rivers Lead States In N18bn Bank Fraud Loss
The Nigeria Inter-Bank Settlement System has revealed that Lagos, Rivers States and the Federal Capital Territory led the financial fraud count in 2023.
This was...
Nigeria Not Making Progress In Cocoa, Oil Palm Production, Say Planters
Nigeria, formerly the world’s leading cocoa producer, has slipped in the ranking due to outdated farming techniques, planters say.
Despite falling public revenues, the cocoa...
Former Shell Employee Lawsuit Unmasks Lucrative U.S. Crude Trading Profits In Court Battle
Former Shell employee lawsuit unveiled the company’s secretive U.S. crude trading earnings, sparking interest and controversy over financial disclosure.
Financial intricacies surrounding Shell’s expansive oil...
Navigating Uncertainty And Risk In Today’s Global Economy
According to a recent study by Saxo Bank, distinguishing between risk and uncertainty may seem straightforward, but it is crucial. Risks are quantifiable when...
NNPCL Blames ‘Logistics Issues’ For Fuel Scarcity
The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the...
Nestle Denies ‘Double Standard’ On Baby Food In Poorer Countries
Nestle denied Thursday that it was applying any “double standard” after an NGO accused the Swiss food giant of selling baby food with high...
Tanzania Turns Off Power Plants Due To Excess Supply
Authorities in Tanzania have shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid, the country’s Prime Minister,...
Minimising Volatility In Forex Market Critical To Ending Naira Fall – Muda Yusuf
An economist, Muda Yusuf, has called for minimising volatility in the foreign exchange market, saying that it fuels speculation and creates an unpredictable environment.
Yusuf...
CIPSMN Begins 2024 Mandatory Development Training Programme
The Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN) has commenced its annual mandatory development training programme for graduates, Chartered and Fellow...