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LBIC seeks stronger collaboration with LASG

The Lagos State Building Investment Company, LBIC Plc, is driving stronger collaboration with Lagos State Government in a bid to…

Photo News: Buhari presides over National Food Security Council Meeting

President Muhammadu Buhari on Thursday presided over the National Food Security Council Meeting at the Council Chambers, State House, Abuja.

Malabu Oil firm awarded OPL 245 registered as a consultancy

Malabu Oil and Gas awarded the rich oil field OPL 245 by General Sani Abacha, is registered as a consultancy…
European Union (EU)

China must make big leap before investment deal – EU

The European Union, EU, has said China must make big improvements if it is to finalise an investment deal with…

Lagos, FG move to address infrastructural decline in FESTAC Town

The Federal and Lagos State Governments have found a common ground to address degeneration of infrastructure in Festac Town –…
Dr Akinwumi Adesina AfDB President.

AfDB approves $27.33m for African Union’s COVID-19 Response Initiative

The African Development Bank’s Board of Directors on Wednesday approved $27.33 million in grants to boost the African Union’s (AU)…
Ms Patience Oniha, DG Debt Management Office(DMO): debt servicing gulps N1trillion in 3 months

JUST IN: Nigeria’s Debt Stock hits N31 trillion 

Nigeria's Public Debt Stock has hit N31.009 trillion as at June 30, 2020, the Debt Management Office (DMO) said on…
Shell ENI

Malabu: Eni rejects Nigeria’s demand for upfront payment of $1.1bn

Italian oil giant Eni, has rejected Nigeria's demand for an upfront payment of $1.092 billion from damages it suffered over…
Shell ENI

Malabu: Nigeria in Milan court demands $1.1 billion from Shell, ENI

Nigeria has demanded an upfront payment of $1.092 billion from Royal Dutch Shell and Italian oil giant ENI in damages…

Lloyds Bank sacks 865 workers

Lloyds Bank in UK is shedding 865 jobs, as it resumes cost-cutting measures as COVID-19 pandemic hits bottom line.
oil prices

Bad news for Nigeria as crude oil prices crash

More crushing news for Nigeria comes from the oil market as Brent crude price drops below $40 a barrel for…

Samitheo MD, Samuel Folusho speaks on pros and cons of real estate

The Managing Director and Chief Executive Officer of Samitheo Network Company, Samuel Folusho in a recent interview speaks on some…
Ex-minister of petroleum, Dan Etete

Court Papers: Etete’s Malabu Oil cornered $401.5m property of Nigeria

By Taiye Agbaje The Economic and Financial Crimes Commission (EFCC), on Tuesday, re-arraigned Malabu Oil and Gas Limited on a…

It’s regrettable, no going back on fuel, electricity tariff hike – Buhari

Nigeria's President, Muhammadu Buhari on Monday said there is no going back on fuel and electricity tariff hike in the…

Union Bank reacts to closure of its Lokoja branch by Kogi Internal Revenue Service

Union Bank Nigeria Limited has said it would respond to the closure of its Lokoja Branch by the Kogi State…
Naira strengthens further at official FX market

Naira loses ground against Dollar

The Nigerian Naira depreciated against the US dollar in the parallel market on Monday in contrast to the massive gains…

Ecobank announces new date for ‘Africa Trade Conference 2020’

Ecobank Nigeria, a member of the pan African banking Group has concluded plans to host its first Regional Trade Conference.

LASACO to hold AGM on September 15

LASACO Assurance PLC, one of the leading insurance underwriters in the country, will, on Tuesday, 15th September 2020, hold its…
Abubakar Malami, (SAN)

P&ID fraud: How $301m exchanged hands among govt officials – Malami

Attorney General and Minister of Justice, Abubakar Malami has revealed how $301 million were used in bribing Nigerian government officials…
Experts laud CBN over planned recapitalisation of banks

CBN reiterates commitment to MSMEs, as AUDA-NEPAD partners Ecobank

The Director, Development Finance, Central Bank of Nigeria (CBN), Yusuf Philip Yila, has said the apex bank had put in…

APICORP posts USD54.8 million net profit in first half of 2020

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced its half-year results for the six months ended…

CBN seizes accounts of Baba Ijebu’s Premier Lotto, 37 others

The Central Bank of Nigeria has ordered banks to freeze the accounts of 38 Nigerian companies, including Premier Lotto, owned…

Photos: Lagos Airport comes alive as international flight operations resume

The Murtala Muhammed International Airport, Lagos, Southwest Nigeria has come alive as international flight operations resume today.
Real reasons Ogun Speaker Oluomo was impeached

Ogun lawmakers okay Abiodun’s request to access N2.5bn CBN Fund

Lawmakers in Ogun State House of Assembly have approved the request of the State Governor, Prince Dapo Abiodun seeking the…
Emirates

Emirates set to resume flight to Lagos, Abuja

Emirates has announced that passengers’ service to Lagos and Abuja would resume September 7 and 9 respectively

China mulls dumping US treasury bonds

China may gradually cut its $1.074 trillion holdings of U.S. Treasury bonds and notes, Chinese newspaper Global Times reported, quoting…
NNPCL gives reason fuel price went up

NNPC obtains US$1B to fund Upstream Operations of NPDC

The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of approximately US$1b to support the upstream operations of…

RwandAir, Air France, KLM, Etihad, Lufthansa barred from Nigeria(Full Lists)

International flights will start arriving in Nigeria from 5 September, the Minister of Aviation, Sen. Hadi Sirika, said on Thursday.…
Lagos not responsible for demolishing POWA complex

Relaxation of curfew: Night clubs, cinemas, bars remain closed – LASG

The Lagos State Government on Thursday said it has not lifted the restrictions on opening of bars, restaurants, night clubs,…

Boscoinex launches super simple trading platform

Boscoinexbtc, an Ogun State based digital currency trading company and one of the fast-rising BTC exchange platform with high credibility,…
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