By Ade Jacobs The World Bank has approved a total of $3 billion for Nigeria as…
Category: Economy
Food prices skyrocket as Nigeria’s inflation hits 14.89 percent
By Deborah Hassan Rising food prices continue to soar as Nigeria’s inflation rate has maintained…
Julius Berger partners NLNG on CSR in Bonny Kingdom
By Saidu Idris Julius Berger Nigeria Plc last weekend signed a Memorandum of Understanding (MOU),…
IPMAN directs members to sell PMS at N162
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State branch, has directed its members to…
2021 Budget: Trouble As Niger Delta Militants Vow to Disrupt Oil Production
By Ade Jacobs Militants from the oil bearing states of Nigeria’s Niger Delta, under the aegis…
Oil and Gas Sector top list of banks’ non-performing loans
By Ade Jacobs The oil and gas sector topped the list of non-performing loans (NPL), from…
NCC Endows N40m Professorial Chairs In Two More Universities
In line with its ongoing initiative to ensure a sustainable telecommunications industry that is responsive to…
FCTA gives illegal car mart operators 72 hours to quit
The Federal Capital Territory Administration FCTA has handed down a 72-hour ultimatum for operators of illegal…
Access Bank denies sacking 2000 workers
By Ade Jacobs Ahead of today’s meeting between Access Bank Plc and the representatives of the…
FIRS urges taxpayers to take advantage of E-service platforms
The Federal Inland Revenue Service (FIRS) on Thursday urged tax payers to take advantage of its…
COVID-19: NDE trains 50 women on spices production in Ebonyi
The National Directorate of Employment (NDE) has begun training for 50 women on local spices production…
We won’t Sell Petrol at N162 per litre – IPMAN
By Ade Jacobs Oil marketers under the aegis of the Independent Petroleum Marketers Association of…
NCAA, Airlines agree on N20bn debt liquidation
By Ade Jacobs Airline operators in the country have reached an agreement with the…
We’re committed to better service delivery, competitiveness – NNPC
The Nigerian National Petroleum Corporation (NNPC), has again, pledged its commitment to bringing down the unit…
Why we want unit cost of oil production reduced to $10 per barrel – Kyari
The Group Managing Director of the Company of the Nigerian National Petroleum Corporation (NNPC), Mallam…
NCC orders suspension of new SIM sale, registration over database audit
The Nigerian Communications Commission has directed Mobile Network Operators to immediately suspend the sale and activation…
Reps ask FG to suspend Insurance Companies recapitalisation process
By Deborah Hassan The House of Representatives on Tuesday asked the National Insurance Corporation of…
Nigeria’s Trade Deficit Hits 3-Year High – NBS
By Ade Jacobs Nigeria’s trade deficit has hit a three year high of N2.4 trillion…
FG announces reduction in petrol pump price
The Federal Government has announced a reduction in the pump price of premium motor spirit, otherwise…
Philanthropist gives N10.5m interest-free loans to Lekki EndSARS protest victims
A philanthropist, Chief Temitope Ajayi, has given out the second tranche of interest-free loans worth N10.5…
Int’l Maritime Organisation Commends Nigeria’s Fight Against Piracy
By Ade Jacobs The International Maritime Organisation (IMO), has commended Nigeria’s leadership role in the quest…
Julius Berger expands its CSR contributions to mark 50th anniversary
By Saidu Idris The Managing Director of Julius Berger Nigeria Plc, Dr. Lars Richter, on Friday…
We must discontinue dependence on crude oil for revenue, forex – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has reiterated the need…
FG to revive 3 major power projects in Abia, says power minister
The Federal Government is to revive three major power projects in Abia North Senatorial District, in…
AfDB president wants Nigerian leaders to unite against recession
President of the African Development Bank (AfDB), Dr Akinwumi Adesina, has charged Nigerian leaders to…
FIRS generates N4.17trn in 10 months
Mr Muhammad Nami, Chairman, Federal Inland Revenue Service (FIRS) on Friday said that a total of…
Kyari Assures Indigenous Shipping Coys Of Support
By Ife Osemedua The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to support indigenous…
COVID-19: Arik Air disengages 300 Workers
By Gabriel Atumeyi Due to dwindling revenue caused by the impact of Coronavirus on its…
Fitch predicts New Year recovery for Nigerian Banks
By Ade Jacobs Global ratings agency, Fitch, has forecasted that banking business in Nigeria will…