Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture ("IJV") between Seplat and the Nigerian Gas Company ("NGC"), a wholly-owned subsidiary of Nigerian National Petroleum Corporation ("NNPC").

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.

There are strong indications that over 42 Major Generals may be retired from the Nigerian Army following the resignation of Lt Gen Tukur Buratai as the Chief of Army Staff.

The Commissioner of Police, Imo State, CP Nasiru Mohammed has ordered the arrest of some policemen that participated in the physical assault and flogging of five civilians at Banana Junction, Orlu in Imo state.

There was tragedy at Amunike Community in Awka North Local Government Area of Anambra State early on Thursday as a 65-year-old hunter identified as Uchechukwu Nweke shot his wife, son before killing himself with a single barrel gun.

FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”), following the due diligence of its Board Listings and Markets Committee has approved the Listing of the Nigerian Mortgage Refinance Company PLC (“NMRC”) Series 3 ₦10.00 billion Fixed Rate Bond under its ₦440.00 billion Bond Issuance Programme on its platform.

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country.

As part of efforts to protect the lives of little children,  the Niger state government has commenced issuance of five days notice to all Islamic schools across the state on it's decision to ban  streets begging across the state.

Coming shortly on the heels of the recent Commercial Paper (“CP”) Issuances by Total Nigeria PLC, Valency Agro Nig. Ltd. and Mixta Real Estate PLC, FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”), following the due diligence of its Board Listings and Markets Committee has approved the Listing of the Flour Mills of Nigeria PLC (“FMN” or “Flour Mills”) ₦4.89 billion Series 4 Tranche A and ₦25.00 billion Series 4 Tranche B Fixed Rate Bonds under its ₦70.00 billion Bond Issuance Programme on its platform.

The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent.