At least 223 local and international investors are bidding for the sales and purchase of over 7,000 metric tons (mt) of natural gas liquids in the...
The Nigerian Government on Tuesday wooed investors into road construction in the country. The government said it would grant tax incentives to private companies willing to...
The federal government has raised concerns over sourcing for fund to finance the additional N102.84 billion in the 2019 budget. The gap was created after the...
A former Deputy Governor of the Central Bank of Nigeria, Obadiah Mailafia, has accused the Lagos State government of engaging corrupt consultants in collecting tax in...
Prices of oil on Monday rose by one per cent despite tension in the Middle East and the supply cut by the Organisation of Petroleum Exporting...
A report released by the National Bureau of Statistics (NBS) has revealed that a total sum of N289.04 billion was generated as VAT in first quarter...
The Federal Government has disclosed plans to issue a second Green Bond of up to N15 billion. This was disclosed in a statement released on Monday...
The Nigerian Civil Aviation Authority (NCAA) on Monday said it has shelved its threat to demolish over 7,000 telecommunications masts belonging to some telecommunications providers erected...
The Lagos Chamber of Commerce and Industry, LCCI, has delivered a mixture of praises and knocks for the performance of President Muhammadu Buhari’s performance in his...
MTN Nigeria has lamented that it is currently experiencing an investigation in the hands of the Economic and Financial Crimes Commission (EFCC) over an allegation bothering...
Oil giant, Shell Petroleum Development Company (SPDC) has reiterated its exit from Ogoni since 1993, stressing that it would not return to the area again either...
The Economic and Financial Crimes Commission, EFCC, is currently probing MTN Nigeria Plc for alleged manipulation of its recent share listing on the Nigerian Stock Exchange,...
MTN Nigeria Communications Plc on Friday suffered its first share price fall since listing on the Nigerian Stock Exchange. The NSE admitted MTN Nigeria on its...
Outgoing governor of Zamfara State, Abdulaziz Yari, has advised the country to spend more on agriculture to ensure a solid plan for the future. The governor...
Air Peace has said it lost over N1.2 billion in the last one year due to exorbitant charges imposed on the carrier by some West Coast...
The Central Bank of Nigeria, CBN, will continue to implement policies that will help reduce the importation of goods that can be produced locally in the...
Tin-Can II Customs Command in Lagos generated N6.81 billion as revenue between January and April 2019. Customs Area Controller, Comptroller Lami Wushishi, made this disclosure on...
A coalition of civil groups on Thursday protested against a bill for a law to provide for electricity theft and other related offences, currently under consideration...
The Federal Government has approved the request from the Ministry of Transportation to borrow $2.3 billion loan to execute the Lagos-Calabar coastal rail line. Minister of...
As promised, the House of Representatives on Thursday re-committed and passed the Petroleum Industry Governance Bill (PIGB). The lawmakers had earlier assured that they would pass...
The Nigerian Communications Commission (NCC) has said total investment in the nation’s telecom industry is now $70 billion. The commission’s Executive Vice Chairman (EVC), Prof. Umar...
Customs operatives attached to the Federal Operations Unit in Lagos have seized two containers of donkey hides valued at N15 billion. This was disclosed by the...
The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has said Nigeria must be prepared for the next global economic crisis. Emefiele stated this on...
Ten communities affected by an oil well fire in Ondo State has demanded for $2.5 billion as compensation from Chevron Nigeria Limited. The fire incident, which...
The Monetary Policy Committee (MPC) has directed the Central Bank of Nigeria (CBN) to initiate policies and regulations to restrict access of banks to government securities...
A data solutions provider, Mainone, has said it will invest N2 billion into building 2,000 kilometres of fibre optic that will among others, power 10,000 CCTV...
The US Ambassador to Nigeria, Mr Stuart Symington, has described Nigeria as a strange country with opportunities to make the world better. The envoy stated this...
The Federal Inland Revenue Service (FIRS) has said it targets to surpass the N5.32 trillion generated as revenue for 2018. This was disclosed by the Chairman...
The Federal Government has said it will soon stop ownership of Liquefied Petroleum Gas, LPG, cylinders by consumers. The Senior Technical Assistant to the Minister of...
The Nigeria Communications Commission, NCC, has given MTN Nigeria Communications Limited uptil has May 31 to pay the balance of N55bn out of the N330bn fine...
Speaker of the House of Representatives, Yakubu Dogara, says the current oil production sharing formula with Nigeria’s Joint Venture Companies has become unrealistic and unfavourable to...
The Federal government through the Department of Petroleum Resources (DPS) has assured Nigerians that there are no plans to increase price of Premium Motor Spirit (PMS)...
Executive Vice Chairman at Nigerian Communications Commission (NCC), Prof Umar Danbatta has disclosed that telecommunications giant, MTN Nigeria has paid a total of N235bn out of...
The outgoing Minister of Communications, Adebayo Shittu has said that the Nigerian telecoms sector contributed a Gross Domestic Product (GDP) of N2 trillion to the nation’s...
Nigeria’s Gross Domestic Product (GDP) grew by 2.01%(year-on-year), in real terms, in the first quarter of 2019, according to a report released on Monday by the...
Minister of State for Aviation, Hadi Sirika, on Saturday inaugurated the newly remodelled terminal building of the Ibadan airport, to reposition the nation’s aviation industry. Sirika...
MTN Nigeria Communications Plc has signed a medium term N200 billion loan facility with seven Nigerian banks for a period of seven years. Speaking at the...
Minister of State, Aviation, Hadi Sirika, has revealed the Federal Government’s plan to shut down Enugu Airport over the state of its runway. Also, the Akanu...
Niger Chamber of Commerce, Industry, Mines and Agriculture has expressed concern over the level of insecurity in the country which it said may make doing business...
The Central Bank of Nigeria (CBN) on Thursday set up a committee for the revival of the country’s cotton, textile and garment industry. This followed the...
The Federal Government has recovered the sum of N605 billion through its Whistleblower policy, the Minister Finance, Zainab Ahmed has said. The minister disclosed this on...
The Minister of Finance, Mrs Zainab Ahmed has said that the Federal Government will soon release the sum of N649.43bn as the final refund for the...
The Securities and Exchange Commission, SEC, has said the Loom Money Nigeria, currently running on the social media is a fraudulent scheme being runned by frausters....
Telecommunications giant, MTN Nigeria Communications Plc on Thursday gained N184 billion on its shares on first day of trading on the Nigerian Stock Exchange (NSE). The...
The annual inflation rate in Nigeria increased to 11.37 percent in April 2019 from 11.25 percent in the prior month, the National Bureau of Statistics (NBS)...
MTN Nigeria Communications Plc said it has secured the requisite regulatory approval to list its shares on the Nigerian Stock Exchange (NSE) today. In a statement...
The Federal Executive Council (FEC) has approved N27.7bn for the purchase of grains. The approvals were granted at the FEC meeting presided over by President Muhammadu...
The Nigerian Postal Service, NIPOST, has assured that the use of its outlets to offer micro-finance bank services across the country will not affect its core...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has painted a gloomy picture for the Nigerian economy under the President Muhammadu Buhari administration, saying...
The Senate on Wednesday commenced the screening of Dr. Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second term. The CBN...
