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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News
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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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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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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.…
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*Bans withdrawal from non-BVN compliant account The Central Bank of Nigeria has extended the deadline for Diaspora bank customers to enroll for…
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BusinessEconomyFinanceNewsOil and Gas
N39bn debt hampering electricity generation at Egbin plant, says Chairman
The Chairman, Egbin Power Station, Mr Kola Adesina, on Monday said that the plant in Lagos was facing serious challenges following the…