Shola Shittu

NNPC seeks $51BN Investment in Gas Sector

The Nigerian National Petroleum Corporation (NNPC) has said about $51 billion investment opportunities currently exist in the midstream and downstream gas sector to achieve the growth phase in the Industry in Nigeria, according to a statement by Group General...

Naira Expected to Rise on Improved Dollar Supply

The naira is expected to strengthen this week on improved dollar supply to the market, currency dealers have predicted. The naira fell to N470 to the dollar on the parallel market last Friday, as against the N455 to the dollar...

Adeosun: 62% of N220bn MSME Funds Reserved for Women

The Minister of Finance, Mrs. Kemi Adeosun, has urged Nigerian women to key into the Central Bank of Nigeria’s (CBN) N220 billion Medum Small and Mirco Entetprises (MSMEs) fund. She regretted that despite the fact that 62 per cent of...

$2.2b Arms Deals: Dasuki to Call Jonathan as Witness

•Dasuki Ex-NSA prefers political solution Former National Security Adviser (NSA) Sambo Dasuki, who is on trial for alleged mismanagement of $2.1billion arms funds, would like former President Goodluck Jonathan to be his witness. Dr. Jonathan has faulted the charges against Dasuki,...

Emirates ends Abuja Operation

Emirates Airlines officially shut down its operations in Abuja, the nation’s capital though temporarily. The airline had announced that it would suspend its four flights per week from Abuja to Dubai, United Arab Emirates (UAE), with effect from yesterday. “The decision...

Is petrol still subsidized?

THE Minister of State for Petroleum, Dr. Ibe Kachikwu, informed newsmen in Abuja, on 17 December, 2015, that the Federal Government would focus on price modulation of petroleum products to ensure efficiency and regular supply of products; price modulation,...
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