Business and Economy
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Chevron restates commitment to Nigeria; Denies plan to exit
Lagos, January 9, 2023: Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC)…
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Obi clears the air on liquidated UK firm, Next International
Labour Party (LP) Presidential Candidate, Peter Obi, has cleared the air on the circumstances surrounding the liquidation of one of…
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Six successful bids recorded on day two of sale of forfeited real estate assets by EFCC
Six bidders Tuesday, January 10, 2023, emerged winners of different properties as the sale of forfeited real estate assets by…
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CBN sensitises marketers, guarantees availability of new notes
By Lydia Ngwakwe Lagos, Jan. 10, 2023 The Central Bank of Nigeria (CBN) has assured marketers and traders that it…
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N13.1bn bid for forfeited Ikoyi property fails as EFCC opens sale of forfeited real estate assets in Abuja; Bids extended
The Economic and Financial Crimes Commission, EFCC, on Monday, January 9, 2023 in Abuja, commenced the sale of forfeited real…
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Standardized digital communication key to effective port, flag administration – Jamoh
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA Dr Bashir Jamoh, OFR, says international collaboration to…
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Reverse unlawful electricity tariff hike, SERAP tells Buhari
Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to direct the Minister of Power, Goddy Jedy-Agba and…
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Tank farm explodes
By Edeki Igafe Koko (Delta), Jan. 7, 2023 A tank farm operated by Ebeco Global Link on Saturday went up…
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Alarm over national debt unnecessary – DMO
By Kadiri Abdulrahman Abuja, Jan. 5, 2023 The Debt Management Office (DMO) says the alarm created around the country’s projected…
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Sale of Polaris Bank: CBN sets record straight
The Central Bank of Nigeria (CBN) has said that contrary to insinuations in a recent report, the Federal Government’s divestment from…
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Konga unveils first 2 winners of all-expenses paid Knowledge Weekend with Ekeh, Zinox boss
Konga, Nigeria’s leading composite e-commerce giant, has formally unveiled the first batch of winners for its highly anticipated all-expenses paid…
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Savings bonds: DMO announces 2023 first offer
By Kadiri Abdulrahman Abuja, Jan. 2, 2022 The Debt Management Office (DMO) on Monday announced as its first bonds issuance…
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Wike, Okowa, others sued over failure to account for N625 billion’ oil derivation refunds
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the oil producing states in Nigeria over “their failure…
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Buhari to sign 2023 budget Tuesday – Senate President
By Ismaila Chafe Abuja, Dec. 30, 2022 Barring any last-minute changes, President Muhammadu Buhari will sign the 2023 appropriation bill…
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How to qualify for EFCC properties auction
The Economic and Financial Crimes Commission, EFCC, has listed the requirements needed to successfully participate in the auction of properties…
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Senate passes N21.8 trn 2023 budget
By Naomi Sharang Abuja, Dec. 28, 2022 The Senate on Wednesday passed the N21.8 trillion 2023 budget. This followed the…
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$106m Ilesa water loan: Governor Adeleke suspends project consultant, Tawa Williams
…. Seeks answers on expended N10b & $28m without project progress …..Directs Consultant to handover N70m project vehicle …….Launches full…
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NDDC sued over alleged failure to make available 2020 Budget breakdown
By Taiye Agbaje Abuja, Dec 26, 2022 Three civil society organisations (CSOs) have dragged the Niger Delta Development Commission (NDDC)…
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Black Christmas: Timber traders count losses as inferno consumes market in Imo
By Victor Nwachukwu Owerri, Dec. 26, 2022 Timber traders in Imo have lamented severe losses resulting from a fire accident…
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Towards a stronger Union – Year 105 in review
Lagos, NIGERIA 2022 was a remarkable year for Union Bank of Nigeria (“Union Bank”). The leading financial institution celebrated its…
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Oil Spills: Shell accepts to pay €15m compensation to 3 farmers in Niger Delta
By Usman Aliyu Benin, Dec. 23, 2022 Shell, an international energy company, has accepted to pay €15 million compensation to…
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Oil Revenue: Bayelsa receives N90b from Excess Crude Account
The Bayelsa government on Wednesday confirmed it got N90b from the Excess Crude Account (ECA) from the Federal Government as…
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Jamoh has excelled as NIMASA DG – Goje
– Inducted as Fellow of Nigerian Institute of International Affairs. The Chairman Senate Committee on Marine Transport, Senator Danjuma…
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