Fed Govt To Partner CBN, SEC On National Savings Scheme   The Minister of Finance, Budget and National Planning, Zainab Ahmed on Tuesday received the National Savings Scheme Report from the Working Group, with a pledge to collaborate with stakeholders in...

N621bn Fund Diversion: NUPENG, PTD Shun NASS Invitation   The Nigeria Union of Petroleum and Natural Gas (NUPENG) Workers and the Petroleum Tanker Drivers (PTD) Union, on Tuesday, failed to appear before the National Assembly’s Joint Committees on Works over the...

Oil Prices Surge Amid Russia-Ukraine Tensions   Oil rose to its highest since 2014 yesterday after Moscow ordered troops into two breakaway regions in eastern Ukraine, adding to supply concerns that are pushing prices towards $100 a barrel. Brent crude, the global...

Two Telcos Generated N2.02trn From Airtime, Data In 2021   MTN Nigeria Communications Plc and Airtel Nigeria both generated N2.02tn from airtime and data revenues in 2021, according to the financial statements of the two companies obtained by our correspondent. The amount...

Stock Market Capitalisation Falls To N25.41trn   The market capitalisation of equities listed on the Nigerian Exchange Limited fell by 0.12 per cent to close at N25.41tn last week. The NGX All-Share Index also declined by 0.13 per cent to close at...

Inspection Failure Caused Dirty Fuel Imports, Says FG   The scarcity of Premium Motor Spirit, popularly called petrol, which has lingered for about two weeks, is not due to the absence of products but inspection failure, the Federal Government stated on...