Business and Economy
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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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Mercedes-Benz Cars, Vans continue positive development of unit sales in third quarter
• In the first nine months of the year, Mercedes-Benz Cars & Vans sold 1,792,744 cars and commercial vans worldwide.…
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Baruwa Gas Plant Fire: NNPC commiserates with Lagosians …Says Corporation’s pipelines no where near location of incident
The Nigerian National Petroleum Corporation has commiserated with the Government and people of Lagos State, and particularly the residents of…
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N106b refund: Okorocha hits back at Uzodinma; Says his shadow is chasing him
Senator Rochas Okorocha has hit back at Governor Hope Uzodinma, saying that the verdict of the panel that asked him…
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NCDMB, NITDA set up committee on local content development in oil, gas
By Solomon Asowata Lagos, Oct. 7, 2020 The Nigerian Content Development and Monitoring Board (NCDMB) and the National Information Technology…
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Downstream Sector deregulation will boost investment in refining – Kyari …Calls for collaboration among downstream players across Africa
The deregulation of the downstream sector of the oil and gas industry in Nigeria will increase investment in the refining…
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FG hails TD Africa, identifies Tech Experience Centre as strategic to Nigeria’s digital future
The Tech Experience Centre, an ambitious technology project aimed at bridging the gap to cutting-edge technology for millions of Nigerians,…
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Pantami, Sanwo-Olu, Abdullahi, Ndukwe, other dignitaries grace Tech Experience Centre launch
It was an impressive gathering of dignitaries at the imposing Yudala Heights on Idowu Martins, Victoria Island, Lagos on Thursday,…
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Sam Mbakwe road to collapse, unless…Federal, State govts’ attention urgently needed
The popular Sam Mbakwe Road in Obowo Local Government Area of Imo State, Nigeria will soon be cut into two…
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Oil extends losses after Trump tests positive for COVID-19
Tokyo, Oct. 2, 2020 Oil prices extended losses to about three per cent on Friday after U.S. President Donald Trump…
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