Nigeria
Yuletide: DPR begins fuel monitoring, seals 5 filling stations in Aba
The Department of Petroleum Resources (DPR) has intensified its petroleum products monitoring and surveillance activities towards ensuring a hitch free...
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New oil discovery to spur job creation, says NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari yesterday, said oil discovery in the nation’s...
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Nigeria’s manufacturing sector’s GDP to hit N49.6tr with 40,000Gwh of power supply
If electricity supplied to industries increases to 40,000Gwh within the next seven years, the manufacturing sector’s contribution to the Gross...
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Court Saves 21 States Billions, Orders AGF to Recover Pension from Ex-Govs
For 21 states with pension laws stipulating post-office benefits running into billions of naira for their former governors and deputies,...
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CBN to Auction N795bn Treasury Bills in Q1 2020
The Central Bank of Nigeria (CBN) will in the first quarter of 2020 issue treasury bills worth a total of...
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Banks recorded N42.76tn e-transactions in Q3
A total volume of 800.2 million transactions valued at N42.76tn were recorded in the third quarter of 2019, as data...
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NSE records losses due to banking stocks sell-off
Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive trading sessions. The...
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19-year-old convicted for capital market fraud
A 19-year-old man, Damilola Balogun, has been docked and convicted over a capital market fraud. The Securities and Exchange Commission...
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‘Sacked’ Osinbajo’s aides not in humanitarian ministry
Vice President Yemi Osinbajo’s aides who were said to have been posted to the newly created Ministry of Humanitarian Affairs...
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Malpractices: WAEC withdraws 1992, 1993 candidates’ certificates
The West African Examinations Council has released the list of impounded certificates of candidates, who were believed to have engaged...
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Nigeria has 47 days petrol sufficiency –PPPRA
The Petroleum Products Pricing Regulatory Agency has declared that Nigeria currently has about 47 days sufficiency of petrol. The PPPRA...
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Stakeholders worry as Nigeria loses IMO council seat again
For the fourth time, Nigeria has failed to clinch the coveted Category ‘C’ seat on the International Maritime Organization (IMO)...
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Telcos responsible for 85% spam calls, says Truecaller
Most spam calls and text messages received by subscribers in the first 10 months of the year originated from telecommunications...
Read moreBanks’ loans to private sector now N16.25trn
The value of credits allocated to the private sector by Nigerian banks hit N16.25 trillion as at the third quarter...
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FG Backs UNIDO’s $60m Country Plan for Industrialisation
The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo has welcomed the United Nations Industrial Development Organisation’s (UNIDO) new...
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Failure of OPEC+ to deepen cuts may drive oil to $40, says report
New outlook by international observers has shown that a substantial build of global crude stocks and a corresponding drop in...
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Fashola requests additional N255.6bn for road repairs
The Federal Government is currently constructing and rehabilitating 524 highways and bridges across the country, the Minister of Works and...
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N/Assembly okays 7.5% VAT raise, others
The Senate and House of Representatives have agreed on the many provisions of the Finance Bill presented by President Muhammadu...
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NEITI: FAAC Disbursement Hits N2.273tn in Q3 2019
The Federation Account Allocation Committee (FAAC) disbursed N2.273 trillion to the three tiers of government and other statutory recipients between...
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FG, states, others share N2.27tn in Q3 2019
The Federation Account Allocation Committee disbursed N2.27tn to the three tiers of government and other statutory recipients from July to...
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AfDB approves $210m projects for TCN
The board of the African Development Bank (AfDB) has approved $210 million for the implementation of the Nigerian transmission Expansion...
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Court orders forfeiture of Saraki’s houses to FG
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the...
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Lack of perimeter fencing stalls N60b Bayelsa airport operations
Inadequate perimeter fencing and attendant safety concerns were yesterday blamed for the current restrictions of commercial flight operations into the...
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FG generates N876.09bn from VAT in nine months
The country earned a total of N876.09bn from Value Added Tax in the first nine months of this year, statistics...
Read more‘Nigeria’s oil production is fully OPEC quota-compliant’
Nigeria, which has pumped above its OPEC quota for months to the ire of other members, brought down its crude...
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