Acorn Petroleum Plc is set to raise N5 billion through private placement following an approval of the basis of allotment of its…
Economy
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BusinessEconomyFinanceNewsOil and Gas
27 ships laden with petroleum products, foods to arrive Lagos ports
Twenty-seven ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island ports in Lagos…
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Eleven donors have pledged close to $250 million in new money for adaptation support to the most vulnerable countries on the planet…
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The Nigerian Stock Exchange (NSE), moved 174.85 million shares worth N1.05 billion exchanged in 2,127 deals. This was against the 143.69 million…
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Wema Bank has said it had been granted a national banking licence by the Central Bank of Nigeria (CBN). Wema Bank said…
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WORRIED by the fall in prices of crude oil and the urgent need to diversify the economy, the Senate yesterday raised alarm…
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Chukwuma Charles Soludo, CFR African Heritage Institution (AfriHeritage), Enugu Delivered at the 3rd Anniversary lecture of the RealNews magazine: Oriental Hotel, Lagos:…
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Trading at the Nigerian Stock Exchange (NSE) resumed for the week on Monday still on a negative trend with the market indicators…
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The Nigerian Communications Commission (NCC) on Monday said its decision to impose a fine of N1.4 trillion on MTN was in the…
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Since the Nigerian economy emerged as the largest economy in Africa as a result of the rebasing exercise, the attempt to frustrate…
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By Gabriel Omoh Indications emerged weekend, that the Single Treasury Account, TSA, may be grounded, following the Central Bank of Nigeria, CBN,…
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BusinessEconomyMaritimeNews
Continental shelf project to extend Nigeria’s maritime territory by 104,000km — Commission
The National Boundary Commission (NBC) said Thursday that Nigeria’s Continental Shelf Extension Project was aimed at gaining for Nigeria an additional maritime…
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International Finance Corporation (IFC), a member of the World Bank has said that the corporation’s total portfolio in Nigeria stood at $1.7…
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The Federal Government approved the immediate payment of N413 billion to oil marketers as outstanding payment for subsidy claims. This is contained…
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The Comptroller-General of Customs, retired Col. Hameed Ali, has in Abuja denied sacking 400 officers in the ongoing restructuring of the service.…