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Why FG is supporting SME with a survival funds—Osinbajo
The Federal Government has said it remains deeply committed to creating a more business friendly environment for Micro, Small and Medium Enterprises…
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Military destroys illegal refineries, recovers stolen crude
The Defence Headquarters says military has intensified its aggressive fight against crude oil theft, pipeline vandalism, bunkering, economic saboteurs and other criminal…
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Oil rises after OPEC warn members to stick to quotas
Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about…
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Non-oil sector contribution to total tax revenue rising — FIRS
Federal Inland Revenue Service (FIRS) says non-oil tax receipts have consistently contributed 75 to 90 per cent of total tax revenue in…
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Airline CEOs plead with White House to avert looming U.S. job cuts
White House Chief of Staff Mark Meadows met with major airline chief executives on Thursday as the industry braces for thousands of…
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NIMASA, Air Force set to deploy assets for deep blue project
The Chief of Air Staff, Air Marshal Sadique Abubakar having a discussion with the Director-General of the Nigerian Maritime Administration and Safety…
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Nigerian Equities market close in the Red, investors lost N9.2bn
Sell-offs in ZENITH (-1.8%), DANGSUGAR (-5.9%) and ETI (-2.5%) dragged the benchmark index lower by 7bps to settle at 25,532.74 points. Consequently, market capitalisation fell to…
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The global economic recovery will take at least five years, World Bank’s Reinhart says
The global economic recovery from the recession created by the Covid-19 pandemic will probably take at least five years, according to the chief economist…
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NNPC records ₦20.36bn trading surplus in July
The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ₦20.36billion in July 2020 compared to the ₦2.12billion surplus…
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24m Nigerians registered on National Identity Database —- NIMC
Director-General, National Identity Management Commission (NIMC) Mr Aliyu Aziz says the commission has so far registered 42 million Nigerians on the national…
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NNPC extends fuel swap contacts for six months -sources
Nigerian state oil company NNPC has extended for six months its contracts with private companies to swap crude oil for fuels, two…
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India’s African oil imports hit 10-mth high in Aug -shipping
India’s oil imports from Africa jumped to their highest in 10 months in August as refiners switched out more expensive crude from…
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NNPC’s legal team bags Africa arbitration award, saves billions of dollars in liabilities for Nigeria
The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration…
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U.S review ban on migrant visa as Nigeria meet 90 per cent requirement Visa
United States America has disclosed that it will reconsidered its ban on some categories of Migrant Visas on Nigeria. Amb. Mustapha Sulaiman,…
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Sustained profit-taking drags performance at Nigeria stock market
Today, the domestic equities market sustained losses on account of profit-taking in WAPCO (-3.7%), UBA (-3.3%) and ZENITH (-1.2%) as the All-Share Index declined…