Stolen N16bn Group Life Report fake - Oyo-Ita The Head of the Civil Service of the Federation (HCSF), Mrs. Winifred Oyo-Ita, has debunked reports claiming that N16 billion meant for Civil Servants Group Life Insurance Scheme (GLIS), was stolen in...

Boeing loses $3bn in Q2 U.S. top aircraft manufacturer Boeing Company has posted a loss of about 3 billion U.S. dollars in earnings for the second quarter(Q2) of 2019. This the Company said on Wednesday was as a result of the...

NOUN Secures N90m grant for Research from TETFund The National Open University of Nigeria (NOUN) has secured a grant of N90 million from Tertiary Education Trust Fund (TETFund) for research work in the institution. The Vice-Chancellor of the university, Prof. Abdalla...

NNPC Seeks Chevron’s Support to Build Condensate Refinery As part of efforts to grow local refining capacity, the Nigerian National Petroleum Corporation (NNPC) has called for collaboration with Chevron Nigeria Limited to establish a condensate splinter refinery. The appeal was made...

NDIC URGES CAUTION ON ADOPTION OF CRYPTO-CURRENCIES The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC) Umaru Ibrahim has advised Nigerians to exercise maximum caution in the adoption of crypto-currencies as their preferred mode of...

CBN Keeps MPR at 13.5%. …Wants $1.5bn Milk Import Bill reduced The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain all key economic parameters, including the Monetary Policy Rate (MPR) at 13.5 percent, CBN...