Business and Economy
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Dangote cement sustains 54,000 jobs in four African countries
President of Dangote Group, Aliko Dangote has said that despite the challenging economic situation in 2019, Dangote cement was able…
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Sylva did not demand $20m for Bayelsa re-run elections – NCDMB
By Edith Ike-Eboh Abuja, June 18, 2020 Nigerian Content Development and Monitoring Board (NCDMB) says Minister of State for Petroleum…
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Oramah’s re-election as Afreximbank President reward for hard work, says Obi
Vice Presidential Candidate of Peoples Democratic Party (PDP) in the 2019 election, Mr. Peter Obi, has described the re-election of…
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NNPC mulls growing nation’s reserve to 40bn barrels by 2023 -Kyari
By Rita Iliya Minna, June 17, 2020 The Nigerian National Petroleum Corporation (NNPC) says its target is to grow the…
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Dangote not a co-owner of Executive Jets Services Ltd
President of Dangote Group of Companies, Alhaji Aliko Dangote, has denied allegations that he is a co-owner of Executive Jets…
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NEITI lauds NNPC for publishing audited accounts
Abuja, 16 June 2020- The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as laudable, the decision of the…
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Dangote Owns the Obu-Okpella Mines … As FG declares BUA’s mining leases non-existent
The Management of Dangote Group on Monday denied the claim by the BUA Group to the mining sites in…
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Obi’s dollar investment as Anambra Governor now worth N95 billion — Alex Otti
Former Managing Director of Diamond Bank, Dr Alex Otti, has, in what can be described as laying the truth bare,…
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Petroleum Industry Intervention on COVID-19 earmarks 53% of funding to construction of medical infrastructure … Commences building of facilities in three states
Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria Oil and Gas Industry to combat…
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Antipiracy War: UN commends NIMASA, Nigerian Navy
• Says Country Sending ‘Strong, Valuable Message’ to World • Pirates in Gulf of Guinea Bolstered by International Collaborators –…
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COVID-19 induced recession stimulus measures By Prof. Chijioke Nwaozuzu
Is the – 0.4% (mild recession) achievable? Projected recession of -4.4% for 2020 To address the issues of…
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Gulf of Guinea no longer safe haven for pirates – Jamoh; As Nigeria hands over suspected vessel, crew to Ghana; Korean Envoy hails handling of case
The Nigerian Government has handed over the fishing vessel Marine 707 suspected to be carrying out illegal activities in the…
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We’re committed to remediating environmental impact of Agip’s Brass export terminal – Eni (Agip)
Eni, the Italian parent company of Nigerian Agip Oil Company (NAOC) has denied abdicating its duties in the remediation of…
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NNPC to deepen business portfolios in power, medical, others … Mulls over partnership with developers to reduce nation’s housing deficit
As part of measures to cope with the boom and bust cycle in the global crude oil market and to…
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NNPC to unveil COVID-19 Contacts-Tracing App … Deploys Online Petroleum Products Procurement Solutions
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum…
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Zoom’s customers, sales rise as pandemic changes working life
Los Angeles (California), June 3, 2020 Video conferencing app Zoom doubled its sales forecast for the year and posted considerable gains…
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Zenith Bank emerges Best Bank in Nigeria in Global Finance World’s Best Banks Awards 2020
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global…
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Air Peace hails India, China, Israel over evacuation of citizens from Nigeria
By Yunus Yusuf Ikeja, May 31, 2020 Leading Nigerian carrier, Air Peace, has commended Israel, China and India for contracting…
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Air Peace airlifts 312 Indian nationals
By Yunus Yusuf Lagos, May 31, 2020 Nigeria’s major carrier, Air Peace, has evacuated 312 Indian citizens from Nigeria back…
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Borrowing for consumption, worst form of corruption – Peter Obi
The vice-presidential candidate of the Peoples Democratic Party in the 2019 election and former Governor of Anambra State, Mr Peter…
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AfDB: Obasanjo, Jonathan, 13 other African leaders rally support for Adesina
Olawale Jokotoye Abeokuta, May 30, 2020 Former presidents Olusegun Obasanjo, Goodluck Jonathan of Nigeria and other African leaders on Friday,…
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Senate considers N10.51trn revised budget for 2020
The Senate on Thursday reconvened to consider President Muhammadu Buhari’s request for approval of the revised 2020-2022 Medium Term Expenditure…
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COVID-19: Dockworkers/Seafarers are essential workers, exempted from travel restrictions – NIMASA • Unveils guidelines for terminals, jetties
In line with the newly endorsed protocols by the International Maritime Organisation (IMO] designed to lift barriers to crew changes,…
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Dangote, MTN emerge most admired African brands
For the third time in a row, Dangote Group has emerged the most admired African brand, of African continent origin,…
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Ekeh, Zinox boss, hails Imo Gov for crashing Right of Way charges
Serial digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh has hailed Imo State Governor, Hope Uzodinma, for crashing the…
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