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Abuja
Thursday, March 21, 2019

NNPC Assures of 2.3m bpd Crude Oil Production Budget Benchmark

NNPC Assures of 2.3m bpd Crude Oil Production Budget Benchmark The Nigerian National Petroleum Corporation (NNPC) has said that the Oil Industry would achieve the...

FG Committed to Capital Market Growth

FG Committed to Capital Market Growth The Federal Government(FG) has again stated it’s commitment towards building a vibrant capital market that would contribute to...

NDLEA Uncovers illegal Drug laboratory in Enugu

NDLEA Uncovers illegal Drug laboratory in Enugu The National Law Drug Enforcement Agency (NDLEA), Enugu State Command, says it has discovered an illegal laboratory manufacturing...

Nigerian Waters Are Safe For Merchant Shipping — NSC Boss

Nigerian Waters Are Safe For Merchant Shipping — NSC Boss Nigerian Shippers ‘Council, NSC, Hassan Bello, has said that the imposition of surcharges on Nigerian...

NIBSS, Others Move To Tackle E-Payment Failures

NIBSS, Others Move To Tackle E-Payment Failures   Following the deluge of dispense errors and non-reversal of failed transactions at point of sale (PoS) terminals and...
Dr-Maikanti-Baru-NNPC

NNPC Mulls Plan To Extend Gas Pipeline To Algeria

NNPC Mulls Plan To Extend Gas Pipeline To Algeria   The Nigerian National Petroleum Corporation is considering extending the ongoing Ajaokuta-Kaduna-Kano gas pipeline system across the...

FG Auctions N100bn bonds on March 27

FG Auctions N100bn bonds on March 27 The Federal Government (FG) will auction by subscription N100 billion worth of bonds on March 27, the Debt...

Refineries Lost N132bn Last Year – NNPC

Refineries Lost N132bn Last Year - NNPC   The operating deficit recorded by the nation’s refineries rose by 39 per cent to N132.5bn in 2018, compared...
FG

VAT Increase to fund N30,000 minimum wage

VAT Increase to fund N30,000 minimum wage The approved new minimum wage of N30,000 by the senate may be funded from proposed increase in value...

Capital Market Can Lead Nigeria Out of Poverty- Experts

Capital Market Can Lead Nigeria Out of Poverty- Experts The government has been urged to make the capital market the fulcrum of its industrialisation agenda...
FG

Health expenditure Gets Priority in 2019 – Udo Udoma

Health expenditure Gets Priority in 2019 - Udo Udoma The Minister of Budget and National Planning, Senator Udoma Udo Udoma has said that Health expenditure...

Nigeria’s Bonny Light Among Top Price Earners – OPEC

Nigeria’s Bonny Light Among Top Price Earners - OPEC   The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s crude oil blend – the...

Shareholders Okay Transcorp Hotels’ Dividend Pay-out

Shareholders Okay Transcorp Hotels’ Dividend Pay-out   Shareholders of Transcorp Hotels Plc have extolled the company for its impressive financial results for the year ended December...

Senate Endorses N30,000 Minimum Wage

Senate Endorses N30,000 Minimum Wage The Senate of the Federal Republic of Nigeria has approved the proposed new National minimum wage of N30,000. The new minimum...
cbn

CBN Earmarks N50m Capital For Tier 2 Microfinance Banks

CBN Earmarks N50m Capital For Tier 2 Microfinance Banks The Central Bank of Nigeria (CBN) has introduced a Tier-based system for unit microfinance banks in...

Nigeria’s Export To France, Three Others Rises N2.28trn

Nigeria’s Export To France, Three Others Rises N2.28trn   Nigeria’s total export to five major countries totalled N2.28trn in the fourth quarter of 2018. Data obtained from...
SEC Boss Mounir H. Gwarzo

N115m Scam: Court to rule on Gwarzo’s no-case submission April 12

N115m Scam: Court to rule on Gwarzo’s no-case submission April 12 A federal capital territory high court sitting in Maitama Abuja, will on April 12,...
FIRS

FIRS Arraigns Firms, Others Over Tax Evasion

FIRS Arraigns Firms, Others Over Tax Evasion .... Also Assault on Revenue Staff The Federal Inland Revenue Service (FIRS) has arraigned Fortless Global Concept Limited and...

Nigeria Spends $500m on Oil Palm Importation Annually

Nigeria Spends $500m on Oil Palm Importation Annually Nigeria spends not less than $500 million on oil palm importation annually, Central Bank Nigeria (CBN) Governor...

OPEC, Allies Will Stabilise Oil Market, Says Saudi Minister

OPEC, Allies Will Stabilise Oil Market, Says Saudi Minister Saudi Arabia’s Energy Minister, Khalid Al-Falih, has said that member countries of the Organisation of Petroleum...