HomeBusiness

Business

How Nigeria Lost N249bn In July Due To Oil Output Shortage

How Nigeria Lost N249bn In July Due To Oil Output Shortage   Nigeria lost about N249bn crude oil revenue in July following a plunge in the country’s oil output by over four million barrels in the same month, latest oil production data seen on Sunday showed Data...

We Can Fix Nigeria’s Refineries In One Year, Women Engineers Tell Tinubu

We Can Fix Nigeria’s Refineries In One Year, Women Engineers Tell Tinubu The Association of Professional Women Engineers of Nigeria (APWEN), on Saturday, appealed to President Bola Tinubu to give female engineers an opportunity to fix the nation’s moribund refineries. Newly-elected APWEN Lagos Chapter chairperson, Atinuke...

Subsidy Removal: FG Declares N5bn Each for States as Palliatives

Subsidy Removal: FG Declares N5bn Each for States as Palliatives The federal government has announced a N5 billion palliative for each state of the federation, including the Federal Capital Territory (FCT) to cushion the impact of the removal of the petrol subsidy. Babagana Zulum, governor of...

Alleged N6.9bn Fraud: Court Reschedules Emefiele’s Arraignment

Alleged N6.9bn Fraud: Court Reschedules Emefiele's Arraignment The arraignment of suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal Capital Territory (FCT) High Court in Abuja over N6.9 billion alleged procurement fraud has been stalled due to the absence of the second...

Court Strikes Out ‘Illegal Possession of Firearm’ Charge Against Emefiele

Court Strikes Out 'Illegal Possession of Firearm' Charge Against Emefiele The Federal High Court sitting in Lagos on Thursday struck out the illegal possession of firearms charge filed by the Federal Government against the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Justice Nicholas Oweibo...

NEPC Projects $5bn Non-oil Export Revenue

NEPC Projects $5bn Non-oil Export Revenue The Chief Executive Officer of the Nigerian Export Promotion Council, Ezra Yakusak, has said that the council is targeting over $5bn revenue from non-oil export. He disclosed that this had prompted NEPC to step up its training and sensitisation efforts...