Business and Economy
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Petroleum Industry Intervention on COVID-19 earmarks 53% of funding to construction of medical infrastructure … Commences building of facilities in three states
Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria Oil and Gas Industry to combat…
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Antipiracy War: UN commends NIMASA, Nigerian Navy
• Says Country Sending ‘Strong, Valuable Message’ to World • Pirates in Gulf of Guinea Bolstered by International Collaborators –…
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COVID-19 induced recession stimulus measures By Prof. Chijioke Nwaozuzu
Is the – 0.4% (mild recession) achievable? Projected recession of -4.4% for 2020 To address the issues of…
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Gulf of Guinea no longer safe haven for pirates – Jamoh; As Nigeria hands over suspected vessel, crew to Ghana; Korean Envoy hails handling of case
The Nigerian Government has handed over the fishing vessel Marine 707 suspected to be carrying out illegal activities in the…
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We’re committed to remediating environmental impact of Agip’s Brass export terminal – Eni (Agip)
Eni, the Italian parent company of Nigerian Agip Oil Company (NAOC) has denied abdicating its duties in the remediation of…
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NNPC to deepen business portfolios in power, medical, others … Mulls over partnership with developers to reduce nation’s housing deficit
As part of measures to cope with the boom and bust cycle in the global crude oil market and to…
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NNPC to unveil COVID-19 Contacts-Tracing App … Deploys Online Petroleum Products Procurement Solutions
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum…
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Zoom’s customers, sales rise as pandemic changes working life
Los Angeles (California), June 3, 2020 Video conferencing app Zoom doubled its sales forecast for the year and posted considerable gains…
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Zenith Bank emerges Best Bank in Nigeria in Global Finance World’s Best Banks Awards 2020
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global…
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Air Peace hails India, China, Israel over evacuation of citizens from Nigeria
By Yunus Yusuf Ikeja, May 31, 2020 Leading Nigerian carrier, Air Peace, has commended Israel, China and India for contracting…
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Air Peace airlifts 312 Indian nationals
By Yunus Yusuf Lagos, May 31, 2020 Nigeria’s major carrier, Air Peace, has evacuated 312 Indian citizens from Nigeria back…
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Borrowing for consumption, worst form of corruption – Peter Obi
The vice-presidential candidate of the Peoples Democratic Party in the 2019 election and former Governor of Anambra State, Mr Peter…
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AfDB: Obasanjo, Jonathan, 13 other African leaders rally support for Adesina
Olawale Jokotoye Abeokuta, May 30, 2020 Former presidents Olusegun Obasanjo, Goodluck Jonathan of Nigeria and other African leaders on Friday,…
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Senate considers N10.51trn revised budget for 2020
The Senate on Thursday reconvened to consider President Muhammadu Buhari’s request for approval of the revised 2020-2022 Medium Term Expenditure…
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COVID-19: Dockworkers/Seafarers are essential workers, exempted from travel restrictions – NIMASA • Unveils guidelines for terminals, jetties
In line with the newly endorsed protocols by the International Maritime Organisation (IMO] designed to lift barriers to crew changes,…
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Dangote, MTN emerge most admired African brands
For the third time in a row, Dangote Group has emerged the most admired African brand, of African continent origin,…
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Ekeh, Zinox boss, hails Imo Gov for crashing Right of Way charges
Serial digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh has hailed Imo State Governor, Hope Uzodinma, for crashing the…
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Dangote Cement records strong performance
Africa’s leading cement manufacturer, Dangote Cement Plc has posted a strong performance in the first quarter ended March 31 2020,…
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President Buhari signs Executive Order on Financial Autonomy of State Legislature, Judiciary
By Ebere Agozie Abuja, May 22, 2020 President Muhammadu Buhari on Friday signed into law the Executive Order Number 10…
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Amaechi inaugurates NIMASA Board · Charges members to complete Deep Blue Project
Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi, inaugurated the Board of the Nigerian Maritime Administration and Safety Agency (NIMASA)…
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Public Holidays: CBN reschedules MPC meeting
By Mustapha Sumaila Abuja, May 21, 2020 The Central Bank of Nigeria (CBN) has rescheduled its Monetary Policy Committee (MPC)…
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Trump considers in-person G7 summit; world leaders cautious
Washington, May 21, 2020 U.S. President Donald Trump said he was considering conducting the upcoming G7 summit in Camp David,…
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Senate receives Buhari’s request to confirm new SEC DG, others; Begins amendment of Nigeria’s local content law
The Senate has received a request from President Muhammadu Buhari for the confirmation of Mr. Lamido Yuguda as the new…
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Zenith General Insurance’s Profit Before Tax rises by 16% to N3.67bn
Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of…
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COVID-19: CBN, NNPC move to save evacuees in Lagos, Abuja
By Femi Ogunshola Abuja, May 18, 2020 The Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation (NNPC)…
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