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FG Finds 13 Options To Oil Revenue

Following the recent fall in global oil prices and the setback it portends for the country’s economy, the federal government…

Months After Ebola, Arik resumes flights to Cameroun, Benin

By Simon Ateba/Ouagadougou ‎Nigeria’s largest airline, Arik Air, said on Wednesday that it is resuming flights to Cameroun and ‎Benin…

Senate confirms Nnanna as CBN Deputy Governor

The Senate on Tuesday approved the nomination of Dr Joseph Nnanna as Deputy Governor of Central Bank of Nigeria (CBN).…

24 ships petroleum products, foods, arrive Lagos ports

Twenty-four ships laden with foods, petroleum products and other goods have arrived at Lagos ports, waiting to berth. The Nigerian…

Inflation in Nigeria stands at 8% – NBS

The National Bureau of Statistics (NBS) on Tuesday said the inflation rate stood at 8.0 per cent in December 2014,…

2015 budget will be passed in good time – Tambuwal

The Speaker, House of Representatives, Aminu Tambuwal, has assured Nigerians that the House would expedite action in the passage of…

NNPC urges Nigerians to fight pipeline vandalism

The Nigerian National Petroleum Corporation (NNPC) has called on Nigerians, especially those living in communities close to pipelines, to see…

Petrol, diesel prices: APC urges PDP stop stealing from Nigerians

The All Progressives Congress has asked the Peoples Democratic Party (PDP) led Federal Government to allow Nigerians enjoy the relief…

SEC appoints Gwarzo as Acting DG

Mr Munir Gwarzo, the Executive Commissioner, Operations, Securities and Exchange Commission was on Monday, appointed as the acting Director-General of…

OPEC cannot protect oil price, says UAE

OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates said on Tuesday, adding that…

Report: Gas tanker runs aground off Nigeria

A liquefied natural gas (LNG) tanker has run aground off Nigeria after taking on a cargo at the country’s Bonny…

Crude oil prices down further

Oil prices tumbled again Monday, while most Asian stock markets also retreated after a sell-off in New York at the…

Crude Oil Crash: FG finds 13 alternative revenue to oil, says Aganga

The Federal Government has marked out 13 National Strategic Export Products meant to replace the petroleum products which prices have…

Arunma Oteh quits as SEC Director-General

The Securities and Exchange Commission (SEC) on Sunday announced the exit of Ms Arunma Oteh as the commission’s Director-General. The…

Ethiopian Airlines Cargo plane glides off Ghana runway

An Ethiopian Airlines cargo plane skidded off the tarmac on landing in Ghana’s capital, Accra, on Saturday, the airports authority…

If not for Jonathan’s intervention in agriculture, says PDP

The Peoples Democratic Party (PDP) on Thursday said that the timely intervention of President Goodluck Jonathan in agriculture had placed…

2015: Nigerians will determine our action in the oil sector – APC

The All Progressives Congress (APC) has stated that Nigerians will be allowed to determine the decision its government will make…

PIB will address ‘perceived’ anomalies in oil sector, says PDP

The Peoples Democratic Party (PDP) has said that the Petroleum Industry Bill (PIB), when passed by the National Assembly and…

Customs rakes in N977.09bn revenue in 2014

The Nigeria Customs Service (NCS) raked in about N977.09 billion revenues in 2014 from its target of N1.2 trillion for…

Nigeria’s foreign reserves hit $34.49 bn

The Central Bank of Nigeria (CBN) on Wednesday pegged the nation’s foreign exchange reserves at 34.49 billion dollars (N5.74 trillion)…

Nigeria’s Aviation Portal Is Up And Running, Says FAAN

Simon Ateba The Nigerian aviation portal, where real time information about airlines’ operations and services in the country can be…

Please use the self-help lines, ALTON advises Nigerians

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Wednesday advised subscribers to use self-help lines provided by the…

Nigeria in deep financial trouble, Brent oil falls under $50

*Oil may even slide to $40 in coming weeks, say analysts Nigeria may be in for a terrible financial quagmire…

Nigerians paying N17 more for petrol

Nigerians are paying N17 extra on petrol per litre, with crude oil selling below $52 a barrel at the international…

Singapore company launches mobile app for ‘halal’ foodies

A Singapore-based company on Wednesday launched a mobile application that enables Muslim foodies and travellers to share halal restaurant discoveries…

Flight cancellations and delays caused by bad weather, says NCAA

By Simon Ateba/Lagos The avalanche of flight delays and cancellations at Nigerian airports in recent weeks is due to bad…

US stocks down as oil hits fresh multi-year low

United States stocks fell again Tuesday on another stormy day for global financial markets as oil prices plummeted to a…

Arik Air Passenger Caught Stealing During Flight

By Simon Ateba/Lagos A Nigerian passenger travelling on Business Class from Abuja to the Southeastern state of Enugu aboard Arik…

Nigerians now pay more than Americans for petrol, diesel

Bayo Onanuga Nigerians are now paying more money than Americans in real terms for petrol and diesel, bye-products of the…

Fashola slashes land charges in Lagos

Lagos State Governor, Mr. Babatunde Fashola SAN, Monday signed into law an Executive Bill reducing the cost of land transactions…
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