Business and Economy
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NNPC restates commitment to OPEC+ Agreement …To focus more on Gas, Condensats for revenue growth
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization…
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Dangote to leverage expansion, new trade routes under AfCFTA
With many countries strategizing for the African Continental Free Trade Area (AfCFTA) that kicked off at the beginning of this…
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Drop plan to borrow dormant account balances, unclaimed dividends, SERAP asks Buhari
Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him to use his…
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Okowa congratulates NNPC GMD, Kyari, at 56, lists achievements
By Ifeanyi Olannye Asaba, Jan. 8, 2021 Gov. Ifeanyi Okowa of Delta has felicitated with the Group Managing Director (GMD)…
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NOSDRA, Environmentalists , lament Conoil’s insensitivity to spill at Akassa, Bayelsa
The National Oil Spills Detection and Response Agency, NOSDRA and other Environmentalists have expressed concern over the impact of the…
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Arbitration Clause: Court strikes out suit by Aiteo’s Bayelsa surveillance contractors
A Bayelsa State High Court on Thursday struck out 12 suits on alleged breach of contract filed by surveillance contractors…
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FCMB names Yemisi Edun as Acting-MD
By Lydia Ngwakwe Lagos, Jan. 6, 2021 The First City Monument Bank (FCMB) has named Mrs Yemisi Edun as the…
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Osinbajo updates Buhari on implementation of economic sustainability plan
By Chijioke Okoronkwo Abuja, Jan. 5, 2020 President Muhammadu Buhari on Tuesday at the Presidential Villa, Abuja, received Vice President…
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Zulum signs 2021 budget raised to N248 Billion by Borno assembly
Borno State Governor, Babagana Umara Zulum has signed into law, the 2021 appropriation bill passed into law by the Borno…
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Nigeria’s economy can be rebuilt with hard work, discipline — Obi
The Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr Peter Obi, has explained that…
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Tony Elumelu Foundation unveils Entrepreneurship programme for African men, women
By Lydia Ngwakwe Lagos, Jan. 1, 2021 The Tony Elumelu Foundation (TEF), on Friday in Lagos unveiled the TEF Entrepreneurship…
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Sanwo-Olu signs N1.163 Trillion 2021 Appropriation Bill into law, raises residents’ hopes for recovery …Says ‘2020 was a peculiar year for Lagos’
Lagos State’s N1.163 trillion 2021 appropriation bill ratified, last Monday, by the House of Assembly has now become a law.…
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Wike meets NNPC GMD, directs immediate reopening of Kidney Island
Rivers State Governor, Nyesom Ezenwo Wike, has directed the immediate reopening of Kidney Island for the operators. A statement by…
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We’ll wrestle food inflation in 2021, President Buhari promises
President Muhammadu Buhari has given his words that the administration will keep a keen eye on food inflation in the…
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Lagos Assembly passes N1.163trn 2021 budget
By Adekunle Williams Ikeja, Dec. 29, 2020 The Lagos State House of Assembly on Tuesday passed the 2021 Appropriation Bill…
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New Directorate, Executive Management positions announced at Fidelity Bank as incumbents retire
Fidelity Bank Plc has announced new Board appointments to replace outgoing Directors and executive management positions as it repositions…
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Indigenous firm, First E&P strikes oil at oil block divested by Chevron in Bayelsa
A Nigerian firm, First Exploration and Production (First E&P), has struck oil from an oilfield it acquired following the divestment…
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Insecurity: Disclose security votes spending for 2021, SERAP tells Buhari, 36 governors
Socio-Economic Rights and Accountability Project (SERAP) has sent Freedom of Information requests to President Muhammadu Buhari and 36 state governors…
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Osinbajo sets up technical advisory team to tackle malnutrition
By Chijioke Okoronkwo Abuja, Dec. 24, 2020 Vice President Yemi Osinbajo has set up an adhoc Technical Advisory Group to…
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Rivers Govt’s takeover of Shell JV’s Kidney Island and SPDC’s interest in OML 11 dismissed
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has dismissed the purported takeover of Kidney Island asset of the…
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Leo Stan Ekeh not indicted by Police, EFCC, any Court in Nigeria – Zinox
The management of Zinox Technologies, Nigeria’s leading integrated Information and Communications Technology (ICT) company, has debunked allegations of its Chairman,…
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US Congress passes Covid-19 relief bill, federal budget
Washington, Dec. 22, 2020 The U.S. Congress on Monday passed a coronavirus relief bill worth more than $900 billion, in…
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SunTrust Bank boosts SMEs with N23.96billion loan
In its commitment to make the growth of the small and medium scale enterprises (SMEs) its primary focus, SunTrust…
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$4.6bn Ibom Deep Seaport to create over 300,000 jobs – Official
Sunday Bassey Uyo, Dec 19, 2020 The Government of Akwa Ibom says the approval of 4.6 billion dollars by the…
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