BREAKING: Breaking: Iran’s Mojtaba Khamenei approves US talks toward possible deal

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NNPC to build new fuel stations in all senatorial districts

…kick starts retail outlets expansion project In a deft move designed to ensure efficient distribution and country-wide penetration of petroleum…
Godwin Emefiele, CBN Governo

Nigeria allows foreign currency transfers as FX restrictions ease

Nigerian commercial banks told customers on Sunday they would allow deposits of foreign currency to be transferred abroad from their…

MDAs, fed ministries, others owe Edo N3bn tax

Jethro Ibileke/Benin The management of the Edo State Board of Internal Revenue Service has threatened to press criminal charges against…

Things fall apart at PENGASSAN as aggrieved members head to court

There are strong indications that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) may be in for…

IPMAN refutes report on purported nationwide strike

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Saturday debunked an alleged report that some of its members had…

Buhari goes to UAE for future energy summit, state visit

President Muhammadu Buhari will jet out of Nigeria on Sunday, to participate at this year’s edition of the World Future…

Ministries, agencies, military yet to pay N45b electricity bill

Funsho Balogun As at the end of 2015, government Ministries, Departments and Agencies, MDAs as well as military establishments were…

Ecobank begs court over contempt proceedings

West Africa’s leading bank, Ecobank, on Friday, 15 January failed in its bid to stop the contempt proceeding instituted against…

NRC deploys 93 refurbished coaches to Lagos-Kano intercity passenger service

The Nigerian Railway Corporation (NRC) on Friday said it had completed the refurbishment of three air-conditioned coaches, 90-seater standard class…
Nigeria Customs Service (NCS) boss Hameed Ali urges Nigerians not to engage in smuggling or patronising smugglers in Easter message

Customs CG orders officers to declare assets within 14 days

Comptroller-General of Customs, Col. Hammed Ibrahim Ali (rtd), has directed officers of the Nigeria Customs Service to make full disclosure…

Pump Price: DPR to fine violators N1m, shut stations

The Department of Petroleum Resources (DPR) has said that henceforth, any oil marketer caught manipulating the pump price of fuel…

Arik Air commences flights from Nigeria to Gabon

Arik Air on Friday introduced a new flight service between Nigeria and Gabon as part of the airline’s expansion programme…

Control influx of substandard IT products, NCS tells FG

The Nigeria Computer Society (NCS) on Friday appealed to the Federal Government to help control the importation of substandard Information…

YABATECH to establish radio station, mortgage bank

The management of Yaba College of Technology (YABATECH) said on Thursday that it would establish a radio station, a mortgage…

How Nestle, local farmers used Africans for child slave labour

A lawsuit filed against the world’s largest food maker, Nestle, has revealed how the company connived with local farmers to…

Oil Price: A Golden opportunity for Nigeria to lead globally

David O. Kuranga, Ph.D. Even before sanctions on Iran are lifted, global oil prices have fallen to 30 dollars, with…

Senate to probe $40m loan to aviation industry

The Senate has mandated its committees on aviation and anti-corruption to commence investigation into alleged disbursement of 40 million dollars…

Expert commends FG’s decision to halt sale of dollars to BDCs

An economic expert, Prof. Uche Uwaleke, on Wednesday commended the Central Bank of Nigeria’s (CBN) plan to stop the sale…

NNPC wins Reuters 2015 Oil Deal award

For conceptualizing, structuring and delivering an oversubscribed deal in a challenging macro-economic environment, the Joint Finance Team of the Nigerian…

Skye Bank lights up Aba with Millionaire Reward Scheme

The peaceful town of Aba in Abia State will come alive on 21 January as it brings another opportunity for…

Oil & Gas: Okowa calls for strategic alliance to protect facilities

Okafor Ofiebor/Port Harcourt Senator Dr Ifeanyi Okowa, Governor of Delta State, has called for strategic alliance between host communities in…

Oil prices fall below $30 a barrel

US crude prices fell below $30 a barrel for the first time in 12 years on Tuesday as OPEC member…

Delta traditional rulers to earn 3% royalties from oil coys

Jethro Ibileke/Warri Modalities have been put in place for the disbursement of three per cent oil mining lease (OML 30)…

Dealers move to prevent sale of unwholesome goods in Lagos markets

Kazeem Ugbodaga The Perishable Goods Dealers and Sellers Association of Lagos State has moved to checkmate the influx of unwholesome…
MTN ‘Extremely Sorry’ Over Network Outage

Court bars FG from freezing MTN bank accounts

Henry Ojelu A Federal High Court in Lagos on Tuesday turned down an application of mareva injunction seeking to bar…

UAE counters Kachikwu, says no need for OPEC emergency meeting

The United Arab Emirates moved to quash talk of a potential emergency meeting of the Organization of the Petroleum Exporting…
Market Capitalisation

Investors lose N555 billion at Lagos bourse in 7 days

It is certainly not the best of times for Nigeria’s stock market players as they watch the value of their…
Godwin Emefiele, CBN Governo

New low for naira, now N282 to a dollar

The naira hit a record low of 282 naira per dollar on the unofficial market on Monday after the central…
Being a single mom is heck of a job-Teebillz lauds ex-wife, Tiwa Savage

Tiwa Savage inks Pampers multi-million naira deal

Funsho Arogundade After an all week-long teasing of her fans with a coming big reveal on the social media, Mavin…

Nigeria-Cameroun submarine cable goes live

Ayorinde Oluokun/Abuja MainOne, a leading telecoms and network services provider in West Africa, has announced that the high capacity Nigerian-Cameroun…
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