The Ministry of Foreign Affairs wishes to inform that the South African Government has granted request for the Nigerian Designated Airline, Air Peace to commence commercial flights to Johannesburg, South Africa.....
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Chevron Nigeria Limited (CNL), operator of the CNL and the Nigerian National Petroleum Corporation (NNPC) joint venture, on Wednesday, signed a Gas Sale and....
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The House of Representatives on Thursday quizzed 12 shipping companies over $287 million debt owed Nigerian Maritime Administration and Safety Agency (NIMASA) since 2004 till date. Mohammed Bago, chairman, House Committee on Maritime and......
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Dr Maikanti Baru, Group Managing Director, Nigerian National Petroleum Corporate (NNPC) and Minister of State for Petroleum Resources, Dr Ibe Kachikwu said the huge gas deposit in the country was a veritable tool for economic diversification.
They both made the assertion on Monday at the...
In case you have been out of the loop recently, you may have missed out on the saga involving the Central Bank of Nigeria (CBN), MTN, and a couple of banks. According to the CBN, MTN in collusion with...
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The challenges facing investors operating in the Lagos free zone appear to be persisting despite last week’s intervention by Vice President Yemi Osinbajo.
The Vice President visited the....
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Union Bank has announced the release of its second Citizenship, Sustainability and Innovation report – an annual compendium which highlights the bank’s strategic approach, initiatives and impact made in the areas of Citizenship, Sustainability and Innovation within the last year.
The report...
The Federal Capital Territory Administration (FCTA), through the Agriculture and Rural Development (ARDS) secretariat has distributed assorted fisheries inputs, worth N10 million to fish farmers in the Federal Capital Territory (FCT).
Secretary of ARDS, Stanley Ifeanyichukwu Nzekwe, who...
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Importers, manufacturers and other business persons in Onitsha and environs have lamented the hardship experienced in doing business in Nigeria, saying that they deserved award for staying afloat.
The business people who spoke during a customer forum of the Access Bank for importers and …...
President Muhammadu Buhari said on Tuesday that the implementation of the Treasury Single Account (TSA) had stopped the pilfering of the country’s treasury with billions of naira saved from maintenance fees payable to banks.
The president stated this in Abuja at the 17th National...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained 14% Monetary Policy...
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Dr. Ibe Kachikwu, Minister of State, Petroleum Results were mixed across the financial markets this week. Equities continued their bearish trend, while yields on treasury bills continue to drop in tandem with inflation. Crude oil prices hit a new high.
Here is an extensive look into how the...
Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained sliding profile yesterday, even as more highly capitalised stocks recorded price depreciation, causing investors’ wealth to depreciate by …
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Lagos State Governor, Mr. Akinwunmi Ambode on Thursday evening urged President Muhammadu Buhari to seriously consider the possibility of granting Lagos a special status to enable it sustain its position as the driver of the nation’s economic growth.
Governor Ambode, who spoke at a state dinner...
The United States Consul-General in Lagos, Mr. John Bray, has said that the private investments of US companies in Nigeria are more than $8.1bn. He stated this in Lagos on Tuesday during the Lagos Chamber of Commerce and Industry’s Security Meets Business Dialogue.
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