Business
Saudi Arabia ‘To Build’ Refinery In Nigeria
Saudi Arabia has hinted on the possibility of building an independent refinery in Nigeria. Khalid Al-Falih, the kingdom’s minister of energy, industry and mineral resources, […]
Business
Business
CBN: Nigeria’s Foreign Reserve Adds $1.5b, Now $44.73b
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has said the country’s foreign reserves has increased by $1.5bn to $44.73bn. The value has […]
Business
‘We Have Over 1bn Litres Of Petrol’– NNPC Debunks Rumour Of Impending Fuel Scarcity
The Nigerian National Petroleum Corporation (NNPC) has urged Nigerians to disregard rumours of an impending scarcity of petrol in the country. In a statement issued […]
Business
EFCC Raises Alarm Over ‘Fake’ Dollar Notes In Circulation
The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the circulation of fake dollar notes in the country. Tony Orilade, EFCC spokesman, […]
Business
ADB, ECOWAS Sign Agreement For Study On Abidjan Lagos Corridor Highway
The African Development Bank and the Economic Community Of West African States Commission (ECOWAS) have signed an agreement for a study into a 1,000 kilometre […]
Business
How Nigeria Lost $2.8bn In Revenue In 2018 To Oil Crimes — U.N.
The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a […]
Business
We’ve Generated Over $2bn From Oil Block Licences To Fund 2019 Budget- Kachikwu
Ibe Kachikwu, minister of state for petroleum resources, says the federal government has generated over $2 billion from the renewal of oil block licences. The […]
Business
Check Out The Best And Worst Performing Banks Of 2018
The year 2018 has been very challenging and equally eventful for the Nigerian banking sector. Skye Bank morphed into Polaris Bank, while Access Bank and […]
Business
Otedola To Sell Forte Oil Shares
The Chairman of Forte Oil Plc, Femi Otedola, has announced his decision to sell all his shares in the firm’s downstream business. This is coming […]
Business
Forceful Subscription: NCC To Order Mobile Operators To Refund N36bn To Customers
The Nigerian Communications Commission (NCC) is set to order mobile operators to refund more than N36bn illegally deducted from mobile telecommunications subscribers through forced subscription […]