In a deal certain to boost confidence in the downstream segment of Nigeria’s oil and gas industry, indigenous downstream company, NIPCO Plc, announced yesterday that it has acquired a 60 per cent stake in Mobil Oil Nigeria (MON) Plc...

With just two months to the end of the fiscal year 2016, the Nigeria Customs Service (NCS), Oyo/Osun Command said that it has generated the sum of N11,147,238,490.32 between January and September this year. The Customs Area Controller, Mr. Temitope...

The naira continued on the path of appreciation on the parallel foreign exchange (FX) market monday as it closed at N455 to the dollar, higher than the N460 to the dollar it closed last Friday. The steady gains recorded by...

The Federal Government is yet to offset the sum of N14.37 billion it reportedly borrowed from stabilisation fund account for security purposes, New Telegraph has learnt. There are other debts standing against the FG from the same account with...

The Nigerian Labour Congress (NLC) has called on African heads of states and government to work collectively to bring an end to illicit financial flows from the continent. NLC President, Ayuba Wabba, who led the solidarity match from the Unity...

U.S. conglomerate, General Electric (GE), has confirmed that it has a “keen interest” in acquiring a Nigeria railway concession project worth around $2 billion. President Muhammadu Buhari had during his independence broadcast to the nation disclosed that GE would be...