CATEGORY: NEWS REVIEW

Nigeria could have one more oil windfall if…

Nigeria could have one more oil windfall if…

Nigeria may have one more opportunity to maximize her oil wealth, as some analysts...


FAAC breakdown shows this Local Government got the highest share

FAAC breakdown shows this Local Government got the highest share

The Federation Account Allocation Committee (FAAC) disbursed the sum of N652.23billion to the three...


Key reasons why FirstNation was suspended from the airline business

Key reasons why FirstNation was suspended from the airline business

FirstNation has officially been suspended from scheduled flight operations, existing only as a charter...


Government revenues fall below 40% of 2017 budget estimate

Government revenues fall below 40% of 2017 budget estimate

The three tiers of government may have to be more conservative in their budgetary...


Here is how CBN Forex policy hurt Bureaux De Change (BDC) operators

Here is how CBN Forex policy hurt Bureaux De Change (BDC) operators

The president, Association of Bureaux De Change Operator of Nigeria (ABCON), Alhaji Aminu Gwadabe...


Reasons why investors are sneaking back into Nigeria

Reasons why investors are sneaking back into Nigeria

The Nigerian Stock Market All Share Index has surged 42% since the introduction of...



Nigeria’s foreign exchange reserve grows by 4.17%

Nigeria’s foreign exchange reserve grows by 4.17%

Despite the fact that Nigeria has been in recession since August last year due...


Full transcript of President Buhari’s ‘Welcome back’ speech

Full transcript of President Buhari’s ‘Welcome back’ speech

My dear citizens, I am very grateful to God and to all Nigerians for...


Acquisition: Total to buy Maersk Oil for $7.45 billion

Acquisition: Total to buy Maersk Oil for $7.45 billion

Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk...


Google launches Lite version of its search app

Google launches Lite version of its search app

Google has launched a Lite version of its popular search app. Users of the...


Nigeria to get listed among the EU Bee exporting countries

Nigeria to get listed among the EU Bee exporting countries

The National President, Federation of Bee keepers Association of Nigeria, Dr. Bidemi Ojeleye, has...


Senate committee uncovers N120 billion unpaid revenues by companies

Senate committee uncovers N120 billion unpaid revenues by companies

The Senate Joint Committee on Customs, Excise and Tariff has uncovered N120 billion unpaid...


Nigeria flags off post crude oil era with rail investments

Nigeria flags off post crude oil era with rail investments

In an effort to diversify the economy of Nigeria as it is now in...


These two investors have been selected by FG to build 217,000bpd refineries in Port Harcourt, Warri

These two investors have been selected by FG to build 217,000bpd refineries in Port Harcourt, Warri

The Federal Government has selected two out of the ten investors who showed interest...


PWC and EY to audit TSA accounts

PWC and EY to audit TSA accounts

The Office of the Auditor-General of the Federation has asked Price Waterhouse Coopers and...


Shell is no longer keen on the Niger Delta  

Shell is no longer keen on the Niger Delta  

Operators in the Nigerian oil industry seem to have given up on the Niger...


Brazilian businessmen want to invest in Nigeria

Brazilian businessmen want to invest in Nigeria

...


SEC reveals plan to stop printing of annual reports and accounts

SEC reveals plan to stop printing of annual reports and accounts

The Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, has said...


Banks involved in the Etisalat saga may have written down part of their debts

Banks involved in the Etisalat saga may have written down part of their debts

The consortium of banks that lent Etisalat $1.2 billion may have decided to make...


NCC frets over persistent fall in the number of telecoms subscribers

NCC frets over persistent fall in the number of telecoms subscribers

The Nigerian Communications Commission (NCC) has expressed worry over the continuous decline in the...


20,000 Bank Accounts merged Under TSA- AGF

20,000 Bank Accounts merged Under TSA- AGF

The Accountant- General of the Federation, Ahmed Idris has disclosed that the Treasury Single...


IATA says the aviation industry has created over 650,000 jobs

IATA says the aviation industry has created over 650,000 jobs

The International Air Travel Agency (IATA) has revealed that the aviation industry in Nigeria...


Telecom operators involved in call masking will face the wrath – NCC

Telecom operators involved in call masking will face the wrath – NCC

The Nigerian Communications Commission (NCC) has said it will penalise telecoms operators involved in...


CBN has so far disbursed N277.4 billion as Power and Airline Intervention Fund

CBN has so far disbursed N277.4 billion as Power and Airline Intervention Fund

The Central Bank of Nigeria (CBN) has made a cumulative disbursement of N277.4 billion...


NBS corruption survey shows N5300 is the average bribe paid in Nigeria

NBS corruption survey shows N5300 is the average bribe paid in Nigeria

In what may come as a shock to Nigerians, a household survey carried out...


Dangote plans to invest Up to $50 Billion in U.S., Europe

Dangote plans to invest Up to $50 Billion in U.S., Europe

In an interview with Bloomberg Market Magazine this month, Aliko Dangote revealed his intention...


NNPC says Nigeria’s cost of oil production is now $23 a barrel

NNPC says Nigeria’s cost of oil production is now $23 a barrel

The Nigerian National Petroleum Corporation (NNPC) says Nigeria now has an average cost of...


Gas shortage cut cement manufacturers output capacity by 36%

Gas shortage cut cement manufacturers output capacity by 36%

The Cement Manufacturer Association of Nigeria (CMAN) said the shortage in gas supply has...


Dangote Industries Limited to sell 800 million shares in Dangote Cement  

Dangote Industries Limited to sell 800 million shares in Dangote Cement  

Dangote Industries limited (DIL) has signalled interest in selling another stake in Dangote Cement...


Benin and Niger Republic pay $152 million as part settlement for power supplied by Nigeria

Benin and Niger Republic pay $152 million as part settlement for power supplied by Nigeria

The Republics of Benin and Niger have paid $159 million as part settlement for...