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Abuja
Saturday, December 5, 2020

‘Twenty States, Firms To Implement Methanol Fuel Technology’

'Twenty States, Firms To Implement Methanol Fuel Technology'         Over 20 states and private companies are set to partner the Federal Government to implement the methanol...

Businesses In Abuja Lost N900m In Recent Protests — ACCI

Businesses In Abuja Lost N900m In Recent Protests - ACCI         President of the Abuja Chamber for Commerce and Industry (ACCI), Prince Adetokunbo Kayode, has said...

Fed Govt Hands Over N105.3bn Power Plant To Transcorp

Fed Govt Hands Over N105.3bn Power Plant To Transcorp       The Federal Government on Thursday handed over the N105.3bn Afam Power Plant to Transcorp Power Consortium...

Domestic Refining’ll Annually Save Nigeria $5bn – Waltersmith

Domestic Refining’ll Annually Save Nigeria $5bn – Waltersmith       Waltersmith Group, an indigenous oil and gas firm, has said Nigeria can save up to $5bn annually...

COVID-19: Oil Rises Above $48 On Vaccine Hope

COVID-19: Oil Rises Above $48 On Vaccine Hope         The international oil benchmark, Brent crude, rose above $48 per barrel on Wednesday, extending a rally driven...

JV Oil Assets Suffer As NNPC Slashes Funding

JV Oil Assets Suffer As NNPC Slashes Funding       The nation’s oil and gas assets being developed through joint ventures between the Nigerian National Petroleum Corporation...

Naira Continues Further Decline

Naira Continues Further Decline       The naira depreciated against the dollar across the official and parallel markets yesterday with many pundits predicting further decline of the...

CBN To Banks: Cut Service Cost

CBN To Banks: Cut Service Cost         The Central Bank of Nigeria (CBN) has advises banks and other financial institutions to reduce the cost of providing...

CACOVID Empowers 4m youths with N150bn job program

CACOVID Empowers 4m youths with N150bn job program …To renovate 44 burnt Police stations; spend N100bn on Police equipment  The private sector led Coalition Alliance Against...

Emirates Air Offers Travellers $500,000 Multi-risk Travel Cover

Emirates Air Offers Travellers $500,000 Multi-risk Travel Cover       Emirates airlines has announced that it will provide travellers a multi-risk travel cover worth $500,000 on top...

NNPC Targets 3million bpd Oil Production

NNPC Targets 3million bpd Oil Production       The Nigerian National Petroleum Corporation, NNPC, said it targets to achieve 3million barrels per day, bpd, oil production in...

NSE Gains N144bn On Blue-chip Firms

NSE Gains N144bn On Blue-chip Firms           Equity trading on the floor of the Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note with...

IATA Predicts $118.5bn Loss For Airlines In 2020/2021

IATA Predicts $118.5bn Loss For Airlines In 2020/2021         The International Air Transport Association has predicted heavier losses for the aviation industry in 2020 and 2021. According...

Poultry Investors Divest, Sell Off Birds Over Feed Scarcity

Poultry Investors Divest, Sell Off Birds Over Feed Scarcity         Hard times have hit poultry farmers in the country as many of them are in financial...

CBN Rebukes Those Using Parallel Market To Push For Naira Devaluation

CBN Rebukes Those Using Parallel Market To Push For Naira Devaluation       Those using parallel market rates to put pressure on the Central Bank of Nigeria...
President Muhammadu Buhari

Nigeria Targets Fuel Exportation To Neighbouring Countries – Buhari

Nigeria Targets Fuel Exportation To Neighbouring Countries - Buhari         President Muhammadu Buhari, has said the realisation of the refinery roadmap that was rolled out two...

Nigeria To Earn More Oil Revenue In 2020 Than Estimated – NEITI

Nigeria To Earn More Oil Revenue In 2020 Than Estimated - NEITI       Nigeria has surpassed the amount of revenue it planned to earn from its...

Stock Market Extends Decline, Records N8bn Loss

Stock Market Extends Decline, Records N8bn Loss         Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip...

Naira Declines Further, Exchanges For 483/$ Over Speculation

Naira Declines Further, Exchanges For 483/$ Over Speculation         The naira exchanged to the dollar for 483 in the parallel market on Monday. This was despite the...

Nigeria’s Oil Rig Count Declines By 30%

Nigeria’s Oil Rig Count Declines By 30%         Nigeria’s active rig count witnessed a downward movement with a 30 percent dip to seven in October, 2020...
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