FAAC: FG, States and LGCs Share N760.717bn for July The Federation Accounts Allocation Committee (FAAC) has shared a total of N760.717 billion in July 2021 Federation Account Revenue to the Federal, States and Local Governments Councils. This was contained in a...

Negative Investors’ Sentiment Reversed as Stock Market Gains 0.32% The Nigerian equities market reversed previous day’s negative sentiment to appreciate by 0.32 per cent on bargain-hunting activities in MTN Nigeria Communications and 22 others. The positive performance was buoyed by investors’...

Cooking gas price soared by 3.52% in July- NBS The National Bureau of Statistics (NBS) has said average price of cooking gas rose by 3.52 in July 2021. This is contained in the document titled “Liquefied Petroleum Gas (Cooking Gas) Price...

Govs Forum says 30% Frontier Exploration, 3% Host Communities will Deplete Federation Account Chairman of the Nigeria Governors’ Forum (NGF), Dr. Kayode Fayemi, yesterday, reiterated the state governors’ concerns about the 30 per cent allocation for frontier exploration and the...

Labour says Airports Concessioning will Fail As Legal Tussle Imminent Aviation unions have said the Federal Government would not succeed in its plan to concession Nigeria’s four major airports in Lagos, Abuja, Kano and Port Harcourt. However, it was also learnt...

OML 11: NPDC Resumes Operation After Favourable Court Judgment The Nigeria National Petroleum Corporation (NNPC), has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining License 11 (OML 11), describing it as a huge victory for...