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Abuja
Friday, December 6, 2019

Korea, Nigeria Trade Now $2bn As 14 Firms Show Interest

Korea, Nigeria Trade Now $2bn As 14 Firms Show Interest   Korea’s bilateral trade volume with Nigeria rose to $2billion in 2018, the Korean Ambassador to...

NNPC Confirms Dec For $10bn NLNG Train-7 FID

NNPC Confirms Dec For $10bn NLNG Train-7 FID   The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Final...

Npower restructure Threatens 4500 Jobs

Npower restructure Threatens 4500 Jobs Npower has announced a restructure of its UK business that unions warn threatens 4,500 jobs and could lead to...

Ahead Of Yuletide, Domestic Flight Tickets Rise By 100%

Ahead Of Yuletide, Domestic Flight Tickets Rise By 100%   Ahead of the Christmas period, domestic flight tickets have risen by over 100 per cent in...

Buhari seeks approval of NASS on external borrowing plan

Buhari seeks approval of NASS on external borrowing plan President Muhammadu Buhari on Thursday sought the re- consideration and approval of the National Assembly on...

Nigeria-Belgium Trade Volume Now €3bn

Nigeria-Belgium Trade Volume Now €3bn   Trade volume between Nigeria and Belgium now stands at 3 billion euros annually but that could increase in few years,...

NNPC, Chinese To Commence $2.8bn Abuja-Kano Pipeline Project

NNPC, Chinese To Commence $2.8bn Abuja-Kano Pipeline Project   The Nigerian National Petroleum Corporation (NNPC), China Petroleum Pipeline Engineering Company Limited (CPPECL) and Brantex Consortium, would...

Telecom Companies Threaten To Disconnect Banks From USSD

Telecom Companies Threaten To Disconnect Banks From USSD   Telecommunications companies have threatened to stop offering Unstructured Supplementary Service Data services to financial institutions without commensurate...

Oil & Gas, Bank Stocks Drag Market N72bn Lower

Oil & Gas, Bank Stocks Drag Market N72bn Lower   Banking and oil and gas stocks have further dragged the market lower, shedding N72bn as the...
NNPC Towers

Fraud Alert: NNPC Disowns Bogus ‘Annual Chemistry Competition’

Fraud Alert: NNPC Disowns Bogus ‘Annual Chemistry Competition’ The Nigerian National Petroleum Corporation (NNPC) Wednesday in Abuja distanced the corporation and its subsidiaries from a...

FG Rehabilitates 3 refineries for local production of 360,000MT of gas

FG Rehabilitates 3 refineries for local production of 360,000MT of gas The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries...

BUA Plants 200,000 Tonnes Of Refined Sugar In Kwara

BUA Plants 200,000 Tonnes Of Refined Sugar In Kwara   The Chairman/Chief Executive Officer, BUA Group of Companies, Alhaji Abdulsamad Rabiu has hinted that the planned...

Border Closure Blocks N504bn Losses In Steel Industry

Border Closure Blocks N504bn Losses In Steel Industry   A steel manufacturer has said the closure of Nigerian land borders is having positive impact on the...

Nigeria Exports 90% Cooking Gas Produced – NNPC

Nigeria Exports 90% Cooking Gas Produced - NNPC   Over 90 per cent of the Liquefied Petroleum Gas, also known as cooking gas, produced in the...

Crude Increases To $64.17, Fuel Subsidy Now N43/litre

Crude Increases To $64.17, Fuel Subsidy Now N43/litre   The rise in crude oil price has spiked the Expected Open Market Price of Premium Motor Spirit,...
dollars

MPC Calls On FG To Reduce $57 Budget Oil Benchmark

MPC Calls On FG To Reduce $57 Budget Oil Benchmark   The Monetary Policy Committee of the Central Bank of Nigeria has called on the Federal...

Senate invites NNPC, over $1.2bn Brass LNG project

Senate invites NNPC, over $1.2bn Brass LNG project The Senate has invited the management of the Nigerian National Petroleum Corporation (NNPC) and the Brass LNG...

CBN holds MPR at 13.5%

CBN holds MPR at 13.5% The monetary Policy committee of the Central Bank of Nigeria (CBN) has announced its decision to maintain the monetary policy...

Afreximbank Disburses $15bn For Intra-African trade

Afreximbank Disburses $15bn For Intra-African trade   The African Export-Import Bank (Afreximbank), said it has already disbursed $15 billion out of the $25 billion it committed...

EITI Seeks Partnership With NNPC

EITI Seeks Partnership With NNPC   The Extractive Industries Transparency Initiative (EITI) is seeking partnership with the Nigerian National Petroleum Corporation (NNPC), the director of EITI,...