The Security and Exchange Commission (SEC) has said it has always been cautious on the renumeration of its workers following a reported payment of N4.5billion yearly as staff salaries. Its Director-General, Munir Gwarzo, who appeared before the Tajudeen Yusuf – led House of Representatives Committee...

The Senate gave consideration to President Muhammadu Buhari’s request for legislative approval for virements totalling N180.8bn in the 2016 budget to cater for some sectors of the economy. The Senate referred the request to its Committee on Appropriations and Finance, which was mandated to report...

As part of concerted efforts to grow local content in the Oil and Gas Industry, the Nigerian National Petroleum Corporation (NNPC) and Niger Dock Plc have promised to work together in the areas of engineering, procurement and construction to boost the nation’s economy. The Group...

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dakuku Peterside has charged member states of the Economic Community of West African States (ECOWAS) to eradicate the scourge of piracy in the sub region in order to grow the economy. Dr....

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that following the acquisition and processing of over 1,900 square kilometres of new three-dimensional seismic in the Chad Basin, the corporation will commence drilling in early 2017 after...

The Court of Appeal sitting in Lagos has dashed the hope of the Federal Government to raise about N2.5tn per annum from stamp duties on bank lodgements with value of N1,000 and above. Ruling on an appeal filed by Standard Chartered Bank against Kasmal International...