House Grills Oil Firms Over Dirty Fuel Imports   The House of Representatives’ Committee on Petroleum Resources (Downstream), on Tuesday, grilled two of the four contractors engaged by the Nigerian National Petroleum Company Limited via a Direct-Sale-Direct-Purchase deal in the importation...

Stock Market Gains Marginally With N7bn   The stock market of the Nigerian Exchange Ltd, (NGX) gained marginally on Tuesday with N7 billion to close at N25.464 trillion, from N25.457trillion on Monday. Also, the NGX All-Share Index appreciated marginally by 0.03 per...

LIRS Targets N550bn For Transformation   Lagos State Internal Revenue Service (LIRS) is targeting N550 billion revenue to assist the government to transform the state. Director, Personal Income Tax, LIRS, Ayodele Adebayo, who spoke in Lagos yesterday, noted that there was an...

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...