Author

Philip UKPE4810 posts

Philip is a business reporter with THE WHISTLER. He covers development in the financial sector , real estate, aviation, Humanitarian Affairs Ministry, Science and Technology, Environment and Communications.

As a reporter Philip believes in impacting businesses with relevant business stories that would reshape their activities positively.

Economy

CBN ‘ll Work With NDIC To Navigate Economic Uncertainties- Cardoso

Philip UKPE Aug 7, 2025 0

The Central Bank of Nigeria (CBN) said it will join forces with the Nigeria Deposit Insurance Corporation (NDIC) to protect the financial system by leveraging modern leveraging modern tools for financial stability.The apex bank governor, Olayemi Cardoso said this during a courtesy visit by the newly appointed Management of the NDIC, led by the…

NUPRC Appoints Akinkuotu As Head Of Media Communications

Philip UKPE Aug 6, 2025 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has appointed award-winning journalist, Eniola Akinkuotu, as its new Head of Media and Strategic Communications.His appointment takes effect from August 8, 2025, according…

Economy

Insurance Companies Brace-Up For Re-Capitalisation As NAICOM Hails New Act

Philip UKPE Aug 6, 2025 0

There will be a seeming shakeup in the Nigerian insurance industry with the signing of the Nigerian Insurance Industry Reform Act 2025 (NIIRA 2025), marking a defining moment in the sector's history.The Act, recently signed into law by…

Oil & Gas

In Deepening Transparency, NUPRC Publishes Concession Status Of 243 Oil Blocks

Philip UKPE Aug 6, 2025 0

… Report Reveals 220 Blocks Not AbandonedIn a move to deepen transparency and accountability in Nigeria’s petroleum sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has published the concession status of 243 oil…

Oil & Gas

Nigeria’s Oil Production Surpasses 1.8MBPD In July – Komolafe

Philip UKPE Aug 4, 2025 0

… Says Project 1 MMBOPD Yielding BenefitIn a major boost to Nigeria’s energy sector, crude oil production soared past 1.8 million barrels per day (MMBOPD) in July, marking the country’s highest output in recent times and signaling…

Oil & Gas

NUPRC’s Winning Formula: Unlocking Investment, Powering Upstream Growth

Philip UKPE Jul 25, 2025 0

Nigeria’s upstream oil sector is witnessing a dramatic turnaround, marked by rising crude output, a record surge in oil rigs, and billions of dollars in fresh investments. Experts attribute this resurgence to the Engr. Gbenga Komolafe -…

Oil & Gas

NNPCL To Engage Additional Contractors For Speedy Delivery Of AKK Gas Project

Philip UKPE Jul 24, 2025 0

The Group Chief Executive Officer of Nigerian National Petroleum Company Ltd. (NNPCL), Bayo Ojulari has assured of the speedy delivery of the Ajaokuta–Kaduna–Kano (AKK) Natural Gas Pipeline project, adding that the project will unlock…

Economy

No Going Back On Naira Cards Use For International Transactions – Cardoso

Philip UKPE Jul 22, 2025 0

The Central Bank of Nigeria's Governor, Olayemi Cardoso, has said that the use of naira cards for international transactions has "come to stay".The comment comes following the recent lifting of the suspension on naira cards for…

Economy

JUST IN: Eight Banks Meet New CBN Recapitalisation Requirement

Philip UKPE Jul 22, 2025 0

…As MPC Maintains Benchmark Lending Rate At 27.5%The Central Bank of Nigeria (CBN) has retained the benchmark Monetary Policy Rate (MPR) at 27.5 per cent as inflation is losing its grip on the Nigerian economy.The CBN governor,…

Oil & Gas

NNPC Generates N4.57tn Revenue In June

Philip UKPE Jul 21, 2025 0

… Remittances To FG Hit N6.5tnThe Nigerian National Petroleum Company Ltd (NNPC) has generated N4.57tn in June 2025, making a total of N10.57tn in two months covering May and June despite challenging market conditions of lower prices…

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