Business & Economy

Nigeria loses $16b to oil companies – NEITI

Due to non-review of the 1993 Production Sharing Contracts, (PSC), with oil companies, Nigeria lost…

Nigeria saves 60% jobs on local sourcing of sugar, cement raw materials

The Federal Government said it saved over 60 percent of jobs hitherto lost to outsourcing…

Nigeria exports more manufactured goods – NBS

The National Bureau of Statistics said the value of manufactured goods exports rose by 14.97…

Malabu oil scandal: Dutch prosecutors set to charge shell

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over its $1.3 billion acquisition…

FG, states, local governments share N610.368b

The Federation Accounts Allocation Committee (FAAC) has shared N610.368 billion federal revenue generated for the…

Group reveals 2019 presidential election power brokers

Beneficiaries of the various social Investment Programmes of the President Muhammadu Buhari led administration have…

Polaris bank partners Niger state on school feeding

Polaris Bank said it is partnering with the government of Niger state to ensure that…

Moghalu promises police reforms and single-digit GDP growth economy

The presidential candidate of the Young Progressives Party, YPP, Prof. Kingsley Moghalu has assured Nigerians…

Afreximbank votes $100m for FEDA

The African Export-Import Bank (Afreximbank) said it has voted an initial $100 million for full…

BudgIT challenges oil, gas regulatory bodies on performance

Following Decembers release of the audit report of the oil and gas industry for 2016…

FG saves 206BN in two years through IPPIS

The federal government has revealed that over N206bn in salaries of federal civil servants during…

NECA advises FG to improve living conditions for Nigerians

A recent report that Nigeria has the highest number of the poorest of the poor…

NEITI- Nigeria lost 245 million barrels in last twenty years

Nigeria has recorded its highest loss in crude oil over the past twenty years with…

NCC Accuses Nigerian Telecom providers of Forceful Subscriptions and Illegal Deductions

The Nigerian Communications Commission (NCC) has discovered a hefty amount of forceful subscriptions and illegal…

Maritime stakeholders’ worried sector might fail due to FG neglect

Stakeholders in the maritime sector have expressed dissatisfaction over neglect by the government, despite generating…

Merger: Access Bank targets 200 million US Dollars as additional capital

In an effort to keep its capital well above regulatory requirements Access Bank Plc is…

Oil marketers’ uproar; Presidency, NASS to respond

Federal government has proposed a meeting with the independent oil marketers in a bid to…

Obasanjo face off with Buhari’s administration

Nigeria’s ex- president, Olusegun Obasanjo and Chairman,Advisory Board of the First Intra-African Trade Fair holding…

Oil sector is strategic to the country’s growth, says Buhari

Minister of State for petroleum Resources, Mr. Ibe Kachikwu,stated yesterday that the challenges facing the…

MTN v Central Bank case adjourned till January

The $8.1 billion dispute between South African telecom's giant MTN and the central bank have…