Business and Economy
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Itakpe/Warri Rail line to commence operations soon, says Amaechi ….Commends Contractors for a job well done;
For over thirty two years after it was abandoned by previous governments, President Muhammadu Buhari would soon be invited…
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We have not abandoned COVID-19/Infectious diseases hospital project in Bayelsa – Agip
The Nigerian Agip Oil Company (NAOC) says it has not abandoned construction of the 200 bed capacity Emergency/Infectious Diseases hospital…
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NNPC gives conditions for relocation of Tank Farms, Petroleum Products Depots
The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along…
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NIMASA directs registered stevedoring companies to commence operation · Erring facilities will be sanctioned – Jamoh
The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has directed all duly registered stevedoring companies with operational…
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CBN unveils non-interest guidelines for AGSMEIS, MSMEDF, others
…To create AGSMEIS Non-Interest Fund …To Increase productivity, create jobs, engender inclusive growth ABUJA The Central Bank of Nigeria (CBN)…
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Buhari approves new boards for NLNG, BGT
By Edith Ike-Eboh Abuja, July 13, 2020 President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural…
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Magu failed to account for 332 recovered property worth billions; Turned EFCC to ‘glorified police station’
By Ismaila Chafe Abuja, July 12, 2020 The suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr…
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Kyari tasks new PPMC Board on continued energy sufficiency
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged the newly reconstituted Board…
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NNPC records 19 per cent gas to power supply increase in April
The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average…
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NEPZA boss warns against violation of financial regulations
The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Prof Adesoji Adesugba has warned officials of the agency against…
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NNPC reports explosion at NPDC’s Benin River Valve Station
The Nigerian National Petroleum Corporation (NNPC) has reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the…
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774,000 jobs: Labour Minister Ngige apologizes to N’Assembly …As Lawan voids implementation efforts by Ministry
The Minister of Labour, Productivity and Employment, Senator Chris Ngige has apologized to the leadership of the National Assembly…
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CACOVID donates N1.4bn medical equipment, additional 26,400 test kits, to boost COVID-19 testing across Nigeria
The private sector-led Coalition against COVID-19 (CACOVID) has donated N1.4 billion worth of medical supplies and additional 26,400 test kits…
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Chike-Obi emerges Fidelity Bank Chairman as Ebi retires
By Chinyere Joel-Nwokeoma Lagos, July 5, 2020 Fidelity Bank Plc. on Sunday announced the appointment of Mr Mustafa Chike-Obi as…
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Maritime training: Navy, NIMASA to align curricula · Navy vital to achievement of our mandate – Jamoh
Plans are at an advanced stage to harmonise the training procedures of the Nigerian Maritime Administration and Safety Agency (NIMASA)…
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Order probe of over N300bn missing public funds within 14 days, SERAP tells Buhari
Socio-Economic Rights and Accountability Project (SERAP) has given President Muhammadu Buhari 14 days to “direct the Attorney General of the…
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Heritage Bank shuts branch for disinfections over suspected coronavirus case
Heritage Bank Plc said it has closed down an Experience Centre- EC (branch) at Allen Avenue; Ikeja over an “unconfirmed…
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NDDC urges residents to monitor projects in Niger Delta communities
By Desmond Ejibas Port Harcourt, July 3, 2020 Prof. Kemebradikumo Pondei, the acting Managing Director of the Niger Delta Development…
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NCDMB signs agreements on Energy park, oil blending plant
By Edith Ike-Eboh Abuja, July 3, 2020 The Nigerian Content Development and Monitoring Board (NCDMB) has signed an equity investment…
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Zenith Bank ranked number one bank in Nigeria by Tier-1 Capital
Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top…
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Trump takes credit as U.S. economy adds 7.5m jobs
By Harrison Arubu New York, July 2. 2020 Beating his chest, U.S. President Donald Trump on Thursday said the country’s…
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President Buhari Appoints Prof Adesoji Adesugba as MD, Nigeria Export Processing Zones Authority
President Muhammadu Buhari has approved the appointment of Professor Adesoji Adesugba as the new Managing Director of Nigeria Export Processing…
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New reforms at Mining Cadastral By Bolade Nafisat
The coronavirus pandemic’s disruption and destabilization of the Nigerian economy enforces urgency of economic diversification. For Nigeria, the task falls…
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COVID-19: NIMASA issues Advisory on vessels from high risk countries
The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has notified stakeholders about 13 vessels from five countries…
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CBN disowns fake Twitter handle
ABUJA The Central Bank of Nigeria (CBN) has described as fraudulent the operations of a twitter handle, @YusufPhilipYila, purported to…
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