Business and Economy
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Bauchi State Govt. budgets N168bn for 2018 fiscal year
By Huseyn Abubakar Mbar Gov. Mohammed Abubakar of Bauchi State on Thursday presented N168 billion budget for 2018 fiscal year…
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A’Ibom Govt. denies presenting over bloated budget for 2018
By Isaiah Eka The Akwa Ibom Government says its 2018 budget is not “over bloated” as being speculated by Policy…
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Oil hits approximately $67 on Libyan pipeline blast
Oil prices have touched two-and-a-half year highs in light volume boosted by an explosion on a crude pipeline in Libya…
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Rivers State Government, Shell Nigeria Gas sign MoU on gas supply to industries
The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of…
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Again, FG says no plan to hike fuel price
By Yemi Adeleye The Vice-President, Prof. Yemi Osinbajo, on Monday restated that the Federal Government had no plan to increase…
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Yuletide: British Airways slashes fares for Business Class passengers
By Jane Adigwe The British Airways (BA) says it has slashed its airfares for its Business Class customers and the…
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Bayelsa shines again, wins 2017 world SME excellence award
The Bayelsa State Microfinance and Enterprise Development Agency (BYMEDA) has gained international recognition as it has bagged the 2017 World…
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Fuel now sells at N250 per litre in Enugu
By Stanley Nwanosike A litre of fuel now sells for N250 in most filling stations owned by the independent petroleum…
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FG not contemplating hike in petrol pump price – SGF
By Friday Idachaba The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal…
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NNPC to flood market with petroleum products
By Yetunde Bada The Nigerian National Petroleum Corporation (NNPC) says it is intensifying efforts to flood the market with petrol…
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Gov. Fayose signs N98.6bn budget into law
By Ariwodola Idowu Gov. Ayo Fayose of Ekiti State on Friday signed the N98.6 billion budget for 2018 into law,…
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Dankwambo presents N104.9 billion Appropriation bill for 2018
Governor Ibrahim Hassan Dankwambo of Gombe State has presented a budget estimate of N104, 922,427,305.00 tagged “budget of enhanced growth…
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NNPC says it did not sell crude to phantom companies
By Yetunde Bada The Nigerian National Petroleum Corporation (NNPC) on Thursday said it had no dealings with companies without legal…
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Innoson challenges EFCC’s account of why he was arrested; GTBank states its side of the story
Dr. Innocent Chukwuma, the Chief Executive of Innoson Motors has challenged the Economic and Financial Crimes Commission, EFCC’s, official account…
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Xmas: Jubilation in Bayelsa as Dickson orders immediate payment of December salaries…Govt confirms receipt of last share of London-Paris fund
There was jubilation on Wednesday in Bayelsa State as Governor Henry Seriake Dickson ordered the immediate payment of December salaries…
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Senate investigates arrest of Innoson Motors’ boss
By Naomi Sharang The Senate has mandated its Committee on Anti–Corruption and Financial Crimes to investigate the circumstances surrounding the…
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Four Shell staff bag Society of Engineers fellowship
Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, and three other senior engineers with Shell companies…
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Retired Civil Servant Wins N1 Million in Skye Bank Reward Promo …as Oba Babatunde Akanbi Ogunrobi lauds initiative
An ex-staff of defunct Power Holding Company of Nigeria (PHCN) Bello Sarafa has emerged a new millionaire in the on-going…
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FG offers N10.69bn Green Bonds at 13.48% per annum – DMO
By Folasade Folarin The Federal Government on Monday offered for subscription by auction N10.69 billion worth of sovereign green bonds,…
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Dangote accuses BUA of stealing and illegally mining limestone on its properties
Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining…
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Buhari’s blockbuster North-South Gas Highway By Garba Shehu
After making a slow start, the Nigerian energy landscape is set for a major change with the award of a…
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FAAC: FG, States, LGs share N609.95bn November revenue
By Racheal Ishaya The Federation Account Allocation Committee (FAAC) distributed N609.95 billion to Federal, States and Local Governments as revenue…
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Emirates returns to Abuja route after one year
By Sumaila Ogbaje Emirates Airlines, on Friday returned to Abuja route with 95 passengers and 17 crew members on board…
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CPC boss reiterates commitment to serve Nigerians
By Lucy Nwachukwu Mr Babatunde Irukera, Director-General, Consumer Protection Council (CPC) says the council will continue to discharge it’s onerous…
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Kia Records 200% Year-on-Year (YoY) Sales. …Plans to sustain growth trajectory in 2018 – Kia Nigeria CEO
Kia Motors Nigeria, the sole distributor of the leading Korean brand in Nigeria has recorded increased sales in the year…
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