Dangote Pledges to Ease Economic Burden in Kano State The President of Dangote Conglomerate, Alhaji Aliko Dangote, has pledged to support social policies and human development initiatives of government, targeted…
Navy Uncovers 15 Illegal Refineries in Rivers The Nigeria Navy has discovered 15 massive illegal refining sites with the capacity to process 2.7 million litres of crude oil per day…
Demand for Nigerian Crude Oil Spikes Demand for Nigerian crude oil grades rose sharply in the global market despite trading above the benchmark price. Nigerian differentials edged up on Friday…
We Want Foreign Investors Back in Capital Market – SEC DG The Director-General, Securities and Exchange Commission(SEC), Mr Lamido Yuguda, says the financial sector wants foreign investors back in the…
Private Sector, not Govt, Engine of Economic Opportunities – ACCI Boss The Abuja Chamber of Commerce and Industry (ACCI) says the private sector, not the government, is the engine of…
Delta Approves N15.7bn for Warri, Effurun Flood Control The Delta Government has announced the approval of N15.7 billion for the construction of Phase III flood control measures in Warri, Effurun…
FG Constitutes Committee to Boost Gas Supply to Power Plants The Federal Government has set up an inter-ministerial committee to suggest ways of achieving a sustainable gas supply to gas…
CBN FX Regulation to Weigh on Banks’ Profitability –Moody’s The Central Bank of Nigeria’s (CBN) new foreign currency regulations will weigh on banks’ profitability in the short term, Moody’s Ratings…
NNPCL to Domicile Revenue with CBN – Official Statement The Nigerian National Petroleum Company Limited (NNPCL) and the Central Bank of Nigeria (CBN) have agreed to strengthen their relationship toward…
NNPCL Says No Plan to Increase Petrol Price Contrary to speculation, the Nigerian National Petroleum Company (NNPC) Limited has denied a plan to increase the price of petroleum motor spirit…