Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Business·News·Oil & Gas

Nigerian Govt Approves Oando’s Acquisition Of Agip

Nigerian government has announced completion of the deal for acquisition of 100% Nigerian Agip Oil Company (NAOC), by Oando PLC. Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, who made the disclosure at Nigeria’s Oil and Gas Week

July 4, 2024

Weak Naira: CBN Sells $543.5m To Boost FX Market

Business·News

Economic Expert Hails CBN For Stopping FX Price Verification System

Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE) Dr Muda Yusuf, has commended the Central Bank of Nigeria (CBN) for discontinuing its Forex Price Verification System Portal, saying it was counterproductive. The CBN had last Thursday, announced

July 4, 2024

News

Residents Fear Cholera Outbreak May Worsen As Flooding Ravages Lagos

Some residents of Lagos State, Nigeria have expressed fear that flooding which occurred as a result of heavy downpour on Wednesday, might intensify Cholera outbreak. Health authorities had in June, declared cholera outbreak in Lagos after recording 436 suspected cases of the

July 4, 2024

News·Politics

South-east Govs Resolve To Tackle Insecurity, Meet Tinubu For Kanu’s Freedom

Governors in the South-east region of Nigeria have resolved to meet with President Bola Tinubu to discuss all pressing issues affecting the region, including securing the release of the Indigenous People of Biafra (IPOB) leader, Nnamdi Kanu. This was made known in

July 3, 2024

Business·News·Oil & Gas

We’ve Declared War Against Challenges Affecting Crude Oil Production – NNPCL Boss

In a bid to scale up crude oil production, the Nigeria National Petroleum Company Limited (NNPCL) says it has declared a state of emergency in the oil and gas industry. NNPCL Group Chief Executive Officer, Mele Kyari, disclosed this in a keynote

July 3, 2024

Business·Currency·News

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

The Central Bank of Nigeria (CBN) has warned licensed forex dealers and Deposit Money Banks (DMBs) against rejecting older and smaller denominations of US dollars. The apex bank stated that they are mandated to be accepting them from customers. The bank gave

July 3, 2024

Nigeria’s 1.8mbpd Oil Production A Drop In The Bucket – Economist

Business·News·Oil & Gas

Nigerian Govt Halts Bidding For 5 Oil Blocks Over Litigation

The Nigeria Midstream and Downstream Petroleum Regulatory Commission (NUPRC), has reportedly removed five oil blocks from the 2024 licensing round due to legal disputes. According to NUPRC, the affected oil blocks are PPL3008, PPL3009, PML51, PPL267, and PPL268. Prime Business Africa recalls

July 2, 2024

Business·World News

US Manufacturing Slips Further Into Contraction In June

Manufacturing activities in the United States further dropped in June, owing to what was attributed to a decline in demand. The Institute for Supply Management’s (ISM) Purchasing Managers Index (PMI), recorded 48.5 per cent in June, down by 0.2 percentage points from

July 2, 2024

Aiteo Cancels Surveillance Contracts With Security Companies Amid Security Breaches

Business·News·Oil & Gas

Aiteo Cancels Surveillance Contracts With Security Companies Amid Breaches

Indigenous oil firm, Aiteo Eastern Exploration and Production Company (AEEPCO), has revoked its contracts with surveillance security providers following cases of security breaches around its facilities. In a statement released on Monday, AEEPCO’s Group Managing Director, Mr. Victor Okoronkwo, said terminating the

July 2, 2024

Business·Finance & Economy

Nigeria’s Capital Importation: Banking Sector Records Highest Inflow In Q1 2024

Nigeria’s Banking Sector recorded the highest inflow with $2.06 billion, representing 61.24% of total capital imported in the first quarter (Q1) of 2024. According to a report on capital importation in the first quarter of 2024 released by the National Bureau of

July 2, 2024

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Victor Ezeja

Nigerian Govt Approves Oando’s Acquisition Of Agip

Economic Expert Hails CBN For Stopping FX Price Verification System

Residents Fear Cholera Outbreak May Worsen As Flooding Ravages Lagos

South-east Govs Resolve To Tackle Insecurity, Meet Tinubu For Kanu’s Freedom

We’ve Declared War Against Challenges Affecting Crude Oil Production – NNPCL Boss

CBN Orders Banks, Forex Dealers To Accept Old, Lower Dollar Denominations

Nigerian Govt Halts Bidding For 5 Oil Blocks Over Litigation

US Manufacturing Slips Further Into Contraction In June

Aiteo Cancels Surveillance Contracts With Security Companies Amid Breaches

Nigeria’s Capital Importation: Banking Sector Records Highest Inflow In Q1 2024

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