The Senate says it has uncovered illegal withdrawals of $1,151,609bn from the dividends accounts of the Nigerian Liquefied Natural Gas by the Nigeria National Petroleum Corporation. This is... Read more
The Asset Management Corporation of Nigeria is preparing to release another list of debtors, an investigation has revealed. The corporation’s Head of Corporate Communications Department, Jud... Read more
As a result of the rising oil prices in the international market and increase in oil production, the federal government has expressed confidence that the Nigerian economy will record signifi... Read more
The Federal Government borrowed a total of N2.32tn in 2017 to fund deficit in the budget, the Debt Management Office has said. DMO said this in its 2017 Annual Report in Abuja on Monday. Acc... Read more
Oil prices climbed on Monday as the world’s biggest supplier Saudi Arabia announced plans to cut production, in the face of fears of oversupply. Saudi Arabia’s energy minister said Monday th... Read more
The Nigerian Stock Exchange has sanctioned eight banks with fines totalling N102.7m for failing to file their financial statements at the regulatory date. The Exchange launched its new sanct... Read more
Minister of State for Aviation, Hadi Sirika, has said the new international terminal being constructed by the China Civil Engineering and Construction Company (CCECC) Nigeria Limited as part... Read more
Brent crude oil sank Friday under $70 per barrel before a weekend meeting of major oil-producing nations in Abu Dhabi. In London morning deals, Brent North Sea crude for delivery in January... Read more
Africa’s richest man, Aliko Dangote, says he is not the one preventing the Federal Government from signing the Africa Continental Free Trade Agreement, AfCFTA. While speaking in a panel sess... Read more
The Senate has passed a resolution calling on the Central Bank of Nigeria to suspend the ATM card maintenance charges being deducted from customers. The Country’s upper Legislative chamber m... Read more
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