Author: Emmanuel Udoye
Klak, a leading B2B SaaS provider, has launched its innovative cash flow management and finance automation platform designed to help small and medium-sized businesses (SMBs) streamline their financial operations and optimize cash flow. The company explained that this new solution aims to address common challenges in B2B payments, improve financial visibility, and reduce time spent on manual financial tasks. IEveryday financial and treasury operations are manual, time-consuming, and complex. Tasks like monitoring a company’s cash position in real-time across multiple legal entities, regions, financial institutions, ledgers, and payment gateways are extremely labor-intensive and time-consuming. “The fragmented data caused by a lack of…
By Obas Esiedesa, Abuja The Nigerian National Petroleum Company (NNPC) Limited has described a claim in a viral video posted on social media that its petrol was inferior to those refined by rival Dangote Refinery as false and misleading. NNPC in a statement on Saturday by its Chief Communications Officer, Mr Olufemi Soneye said the assertions in the video were baseless. In the video, a man was seen conducting a “comparison test” with petrol, which he claimed to have purchased from NNPC and Dangote outlets. At the end, the Dangote petrol was said to have lasted 30 minutes longer. But…
Nigerian Content Development and Monitoring Board, NCDMB, has said the Dangote 650,000-barrel-per-day Integrated Refinery and Petrochemical Company afford Nigeria and other African countries partnership opportunities for sourcing petroleum products and fertiliser. The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, said this at the 9th Sub-Saharan African International Petroleum Exhibition and Conference (SAIPEC), in Lagos. Ogbe, in his address, said similar projects capable of leveraging collaborations included Kenya’s Konza Technology City, Grand Ethiopian Dam, Lekki Free Trade Zone (Lagos), and facilities like the SHI-MCI FPSO Fabrication/Integration Yard, in Lagos. He also said the NCDMB’s Nigerian Oil and Gas Parks Scheme, NOGAPS,…
Israel’s Prime Minister, Benjamin Netanyahu, yesterday vowed to “finish the job” against Iran with the support of US President, Donald Trump. Netanyahu was speaking alongside US Secretary of State Marco Rubio, who is visiting Israel in his first official trip to the region since assuming the role. “Over the last 16 months, Israel has dealt a heavy blow to Iran’s terror axis. Under the strong leadership of President Trump, I have no doubt that we can and will finish the job,” Netanyahu said. Rubio, on his part, said that there “could never be a nuclear Iran.” “It’s important to constantly…
United States president, Donald Trump’s unfolding policies are forcing leaders of many nations to go back to the drawing board and rejig their national plans. As Nigeria steps up efforts to implement its N54.9 trillion 2025 budget, experts have expressed fears that President Trump’s energy policy, targeted at increasing oil output will negatively impact the $75 per barrel target on which Nigeria’s budget is based, inflation and Diaspora remittances, among others. With his ”Drill Baby Drill” energy policy, President Trump said America would invest in fossil energy resources, and boost oil and gas output in order to meet its domestic…
Financial Risk Future Magazine(UK) Courtesy Visit to Mr. Oluwemimo Joseph Osanipin DG. National Automotive Design & Development Council.