Business and Economy
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Central Bank of Nigeria’s Monetary Policy Committee meeting rescheduled
The November 2018 meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has been rescheduled.…
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Gov. Emmanuel presents 2019 ‘Budget of Industrialisation for Poverty Alleviation’.
Akwa Ibom State Governor, Udom Emmanuel, Wednesday, presented the 2019 Budget Proposals to the State House of Assembly tagged, ‘Budget of…
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Shell, staff donate relief materials, N300m to flood victims in Niger Delta
STAFF and management of The Shell Petroleum Development Company of Nigeria Limited (SPDC) have spent the last two weeks working…
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Nigeria raises $2.86bn Eurobonds to fund 2018 budget
By Folasade Folarin Abuja, Nov. 14, 2018 The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series…
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BPE committed to principles of integrity, professionalism, accountability – says DG Okoh
Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A. Okoh has reiterated the commitment of the Bureau…
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Gov. Emmanuel presents N670.72bn budget for 2019
By Isaiah Eka Uyo, Nov. 14, 2018 Gov. Udom Emmanuel of Akwa Ibom on Wednesday presented 2019 budget of N670.72…
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FG serves roadside Ladipo market auto parts dealers eviction notice
By Grace Alegba Lagos, Nov. 13, 2018 The Federal Controller of Works in Lagos, Mr Adedamola Kuti, on Tuesday issued…
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CBN injects another $210m into Forex Market
ABUJA – In its latest round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, November 13, 2018,…
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FG committed to expanding export of locally produced goods, services – Udoma
aThe Minister of Budget and National Planning, Senator Udoma Udo Udoma says the Federal government is committed to the diversification…
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Engr (Mrs.) Akingbagbohun becomes 13th Chairman, Nigerian Society of Engineers, Ikeja branch
The Investiture ceremony of Engr. (Mrs.) Funmi Akingbagbohun, as the 13th Chairman of the Nigerian Society of Engineers (NSE), Ikeja…
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Debt Recovery: AMCON Amendment Bill ready soon – House of Reps
The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri, in Abuja, has said…
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Nigeria, MTN and Pseudo-Nationalism By Jideofor Adibe
The recent report that two global banks – HSBC and UBS- have closed shops in the country should…
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NNPC pays N128bn into federation account in August
By Edith Ike-Eboh Abuja Nov. 7, 2018 The Nigerians National Petroleum Corporation (NNPC) says it has transferred the sum of…
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“95 per cent of states can’t pay N30, 000 minimum wage”-Gov. Umahi; Challenges Governors to speak out
Abakaliki, Nov.7, 2018 Gov David Umahi of Ebonyi on Wednesday in Abakaliki, declared that 95 per cent of states in…
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Saraki: Senate to probe NNPC’s claim on diversion of NLNG’s dividend
President of the Senate, Dr. Abubakar Bukola Saraki, has said that the Senate on resumption of plenary will further probe…
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Ministry denies knowledge of alleged NNPC’s $3.5bn subsidy fund
By Harrison Arubu Abuja, Nov. 1, 2018 The Federal Ministry of Finance has denied knowledge of a 3.5 billion-dollar fund…
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DMO begins payment of arrears to oil marketers through promissory notes
By Folasade Folarin Abuja, Oct. 31, 2018 The Debt Management Office (DMO), says it has commenced the accelerated implementation of…
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Dangote Refinery to save Nigeria from dirty fuels with Euro V specification
Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of…
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Kachikwu to lead NCDMB, Amnesty Coordinator, industry operators to Bonny to parley on Nigerian Content in NLNG Train-7
The Niger Delta Youths Coalition for Peace and Progress (NDYCPP) on Tuesday said the group is collaborating with oil industry…
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Police to partner Innoson Motors for APC production
By Peter Okolie Nnewi (Anambra), Oct. 26, 2018 The Nigeria Police Force has expressed readiness to partner with Innoson Vehicle…
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FG supports increased indigenous participation in maritime business
The Federal Government is determined to promote and increase indigenous participation in the shipping business in Nigeria, the Minister of…
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NIMASA advocates zero tolerance to marine accidents
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has urged players in the…
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Naira loses marginally against dollar at parallel market
By Fabian Ekeruche Lagos, Oct. 22, 2018 The Naira on Monday lost 50 kobo to close at N360.5 to the…
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FG loses $2.5bn to gas flaring – Expert
By Edith Ike-Eboh Abuja, Oct.21, 2018 Mr Chinedu Onyeizu, Chief Executive Officer, AfriPERA, an Energy and Infrastructure Policy research organisation,…
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CBN injects $337m, CNY53m into Inter-Bank Forex Market
By Racheal Ishaya Abuja, Oct. 19, 2018 In another round of intervention, the Central Bank of Nigeria (CBN), on Friday,…
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