Business and Economy
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Re-establishment of National Fleet imminent – Jamoh · Calls for sustainable National Shipping Line
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has reaffirmed the Agency’s commitment to the…
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NNPC reports explosion in OML 40 facility managed by partners …Says no fatalities or injury
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at…
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EITI commends NNPC for transparency
By Edith Ike-Eboh Abuja, Nov. 2, 2020 The Extractive Industries Transparency Initiatives (EITI), has commended the Group Managing Director of…
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Air Peace receives another ERJ-145 from C-check
By Yunus Yusuf Ikeja, Nov. 3, 2020 The Management of Air Peace has announced the arrival of another aircraft ERJ-145…
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Economic diversification: Maritime to lead Nigeria out of oil dependency, says Jamoh
With many countries proposing ban on use of fossil fuels, and the world transitioning from oil, Dr. Bashir Jamoh says…
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House of Reps commends NNPC for strides in gas development
The House of Representatives Committee on Gas Resources has applauded the Mallam Mele Kyari-led Management team of the Nigerian National…
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DPR says 2020 marginal oilfield bid still on
By Solomon Asowata Lagos, Oct. 30, 2020 The Department of Petroleum Resources (DPR) says the bid round process for its…
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Ogah endorses Okonjo-Iweala for WTO D-G; America delays announcement of appointment
By Francisca Oluyole Abuja, Oct. 28 Dr Uchechukwu Ogah, the Minister of State, Mines and Steel Development, has endorsed Dr…
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CACOVID commenced distribution of palliatives to state Govts in June …10 million poor families in 774 LG targeted
Members of the private sector-led coalition against COVID-19 (CACOVID) have enjoined Nigerians who are involved in the wanton destruction of…
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Minister of State for Petroleum, Sylva’s community, Okpoama, reports oil leak from Agip’s oilfield in Bayelsa
The people of Okpoama, in Brass Local Government Area of Bayelsa have said that an oil spill incident from an…
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Ekesons Group Chairman, Chief Eugene Ojukwu, loses wife; President Buhari condoles with leading industrialist
President Muhammadu Buhari has sent “heartfelt condolences to leading industrialist and business entrepreneur, Chief Eugene Nzom Ojukwu, on the…
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#Endsars protest rooted in political injustice – Nwodo, Ohanaeze PG …..frowns at targeting of Igbo businesses.
The President General of Ndigbo umbrella socio-cultural and political Organization, the Ohanaeze Ndigbo, Chief John Nnia Nwodo has said…
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Zamafara gold: Ijaw youths vow to cripple oil installations
The Ijaw Youths Council (IYC) on Tuesday vowed to occupy all oil installations in the Niger Delta region to protest…
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DIGITAL BANKS: ARE THEY WORTH IT?
If you are someone who values time, there is no doubt that you absolutely hate spending time in the bank.…
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NCDMB, NLNG, others oppose hike in content fund
By Edith Ike-Eboh Abuja, Oct. 19, 2020 The Nigerian Content Development and Monitoring Board (NCDMB) and key organisations in the…
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Bayelsa govt commends Buhari for reimbursing states for funds spent on Federal projects
By Nathan Nwakamma Yenagoa, Oct. 18, 2020 Bayelsa Government has commended President Muhammadu Buhari for his efforts to reimburse some…
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Ecobanks holds Diaspora Independence Webinar; Dabiri-Erewa, Akinwuntan, Kazeem Bello, others to feature
Ecobank Plc, the Pan African Bank, is holding “The Diaspora Independence Webinar” tomorrow, Sunday, October 18, 2020. The program has…
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CBN website not hacked
The Central Bank of Nigeria, CBN, has denied reports that its website has been hacked. A statement by Osita Nwanisobi,…
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Renewed interest: Nigeria stock market records N164bn growth
By Chinyere Joel-Nwokeoma Lagos, Oct. 16, 2020 After two days of cautious trading, Nigeria’s bourse on Friday recorded N164 billion…
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NNPC releases 2019 Audited Financial Statement, reduces loss by 99.7%
Barely five months after publishing its 2018 Audited Financial Statement, the Nigerian National Petroleum Corporation (NNPC) has released its 2019…
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NIMASA DG appointed Chairman, CELTRAS, UNIPORT
· It’s a great spur to more work – Jamoh The University of Port Harcourt has announced the appointment of…
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EFCC arraigns man for N10m fraud
The Kano Zonal office of the Economic and Financial Crimes Commission has arraigned one Sadiq Yusuf before Justice M.T.M Aliyu…
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Maritime security, trade: Korea, Belgium pledge more support for NIMASA · Agency committed to safe Nigerian maritime domain – Jamoh
South Korea and Belgium have pledged more support for the Nigerian Maritime Administration and Safety Agency (NIMASA) in its drive…
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Air Peace takes delivery of new 50-seater aircraft, expects 2 more
By Yunus Yusuf Lagos, Oct. 11, 2020 Air Peace, has taken delivery of a new 50-seater Embraer 145 Jet to…
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CBN directs banks to comply with SWIFT universal payment confirmations
By Kadiri Abulrahman Abuja, Oct. 10, 2020 The Central Bank of Nigeria (CBN), has directed all banks operating in the…
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