Nigerians may experience scarcity of Liquefied Petroleum Gas (LPG), better known as cooking gas, following the detention of NLNG Limited’s vessel by the Nigerian Maritime Administration...
Jumia, Africa’s online retailer, is planning an initial public offering (IPO) in New York this year that could value the business at about $1.5 billion, according...
The federal government yesterday in Abuja signed $30 billion agreement with investment partners to foster industrial revolution in the country and boost export earnings from made...
The Nigerian National Petroleum Corporation (NNPC) said it was committed to pursuing the federal government’s aspiration of aggressively deploying the nation’s vast gas resources for economic...
Dr Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), says the the Federal Government’s “OB3” gas pipelines project will be completed in the...
The technical adviser to the president of Dangote Group on Refinery and Petrochemicals, Engr. Babajide Soyode, said the completion of Dangote Refinery and other modular refinery...
Nigeria is set to achieve self sufficiency in tomato production in the next one year following the attainment of daily production of one million tomato nurseries....
The Securities and Exchange Commission (SEC) has sealed off the premises of Dantata Success and Profitable Company, Kano for engaging in illegal capital market activities, According...
THE Federal Government has been called upon to liberalise the downstream sector of Nigeria’s oil and gas industry in order to eliminate subsidy, currently incurred in...
The Naira, yesterday, appreciated to N362.19 per dollar in the Investors and Exporters (I&E) window buoyed by 96 per cent increase in volume of dollars traded...
With only a few days to the general elections, Nigeria’s economy seem to have relaxed as activities in the manufacturing and non-manufacturing sectors continued to expand,...
Equities on the Nigerian Stock Exchange (NSE) lost N326billion in January as investors await the release of the full year results of companies for the period...
NUPENG, PENGASSAN laud FG Beg Buhari to assent to PIB without delay Nigerian National Petroleum Corporation, NNPC, weekend, issued a caveat against heightened expectations of an...
The Central Bank of Nigeria (CBN) has issued a directive for the commencement of the end-to-end electronic payment of salaries, pensions, suppliers and taxes. The CBN...
Alhaji Aliko Dangote, President, Dangote Group, says his investment in the sugar sector will place Nigeria on the global map of sugar producers while increasing employment...
A Nigerian professional forum in the U.S. have put measures in place to attract an estimated $3 billion investment into the Nigerian economy in the next...
• Urge Kachikwu, DPR To Reveal Details Of Renewal • There Is Need For Due Process, Transparency, Olawuyi Insists • Early Renewal Will Protect Investment In...
President Muhammadu Buhari, being Nigeria’s substantive minister of petroleum resources, has approved the renewal of 22 expired and expiring oil blocks, from which the Department of...
108 metering firms registered Minister of Power, Works and Housing, Babatunde Fashola, has said that the federal government remains committed to creating a new set of...
Country loses estimated N995.2bn annually By Chineme Okafor in Abuja A new report on the age-long crude oil theft in Nigeria has revealed how International Oil...
You could be forgiven for thinking Chima Anyaso, the owner of Ceecon Energy, has a dark heart. Donning false smiles like silk robes, he betrayed his...
BENIN Against the backdrop of incessant hostility mounted on its operation, electricity consumers in Edo State, especially those hiding under the cover of civil rights advocacy...
The Petroleum Equalisation Fund (PEF) says its Sensor Monitoring Project will help to track the quantity of petrol consumed in the country. The PEF Executive Secretary,...
Abubakar Bwari, the Minister of State, Mines and Steel Development, said that 11 companies have indicated interest to operate the Ajaokuta Steel Company. Mr Bwari announced...
The Federal and state governments borrowed N3.24 trillion in local and international bond issuances last year, it was learnt yesterday. According to Nigerian Stock Exchange (NSE)...
Globacom Chairman Mike Adenuga Jnr, with interests in oil exploration and real estate has moved up, ranking next to Aliko Dangote as Africa’s second richest man....
Nigeria’s Central Bank said on Tuesday it had injected $210 million into the inter-bank foreign exchange market, as it seeks to boost liquidity and alleviate dollar...
Abuja—The Federal Government through the Small and Medium Enterprises, MSMEs, has extended the window for registration of business names at the reduced cost of N5,000.00 by...
THE Central Bank of Nigeria, CBN, is estimated to have spent about N2.36 trillion to mop up N18.7 trillion through OMO treasury bills from the interbank...
ABUJA—PRESIDENT Muhammadu Buhari said yesterday he was committed to Nigeria’s reform, saying he would assent to the Petroleum Industry Governance Bill, PIGB, as soon as the...
For the first time in 2019, crude oil price, yesterday rose from $56.00 to $58 in the international market, as Saudi Arabia cuts output by 500,000...
