-
OIL & GAS
Senate indicts NNPC over N102bn crude oil deliveries
Senate on Wednesday indicted Nigeria National Petroleum Company Limited for poor record-keeping for crude oil deliveries to Warri Refinery…
Read More » -
SPORTAINMENT
Saudi offer Mourinho more than £100m to coach team
Roma manager, Jose Mourinho, has reportedly been offered more than £100million to coach Saudi Arabia in a two-year deal…
Read More » -
POLITICS
New House leadership: Opposition Reps-elect plot to upstage APC
The House of Representatives members-elect of the Peoples Democratic Party, the Labour Party and other opposition parties have formed an…
Read More » -
NEWS LENS
1Q Performance: Apapa Customs Generates N212bilion, Intercepts 14 Containers
The Nigeria Customs Service, Apapa Area 1 Command on Tuesday announced a revenue generation of N212.5bn for the months of…
Read More » -
NEWS LENS
Customs FOU ‘A’ Seizes 11-Trailers of Rice, Poultry Products, Others Worth N694.4million
The Nigeria Customs Service(NCS) Federal Operations Unit (FOU) Zone ‘A’ Ikeja, Lagos has intercepted sundry items including 6,228 X 50kg…
Read More » -
NEWS LENS
Seme Customs records drop in Q1 revenue
The Nigeria Customs Service (NCS), Seme Command, said it recorded a shortfall in foreign trade in the first quarter.…
Read More » -
ASSETS & FINANCIALS
AfDB approves $525,000 grant for African fintech firms
The African Development Bank has approved a grant of $525,000 for an online digital hub to serve as a repository…
Read More » -
OIL & GAS
NERC moves to address power consumers’ complaints
The Nigerian Electricity Regulatory Commission, on Wednesday, unveiled its service charter, which provides details on the rights, obligations and redresses…
Read More » -
NEWS LENS
Senate okays new Chinese bank for $23bn railway project
..terminates 700MW Zungeru power plant concession Senate on Tuesday rescinded its decision on the financier of the Kaduna-Kano railway project…
Read More » -
NEWS LENS
Maritime operators to get $700m for vessel acquisition –FG
The Federal Government has said operators in the maritime sector may get about $700m to acquire new vessels. The…
Read More » -
NEWS LENS
Court Orders Forfeiture Of N725million, Banana Island Property Linked To Former NIMASA Director-General, Akpobolokemi
The Federal High Court in Lagos State has granted an order of interim forfeiture of the sum of N725million and…
Read More » -
OIL & GAS
Worries over revenue, petrol scarcity as buyers shun Nigerian oil cargoes
With limited capacity to build reserves via deadweight tonnage of tanker fleets through Very Large Crude Carriers (VLCC), Nigeria…
Read More » -
OIL & GAS
Oil price jumps as OPEC+ cuts production
Brent, the global benchmark for crude oil, jumped in price on Monday, following the voluntary production cuts by member nations…
Read More » -
NEWS LENS
IATA warns Nigeria as airlines trapped funds hit $802m
The total amount of foreign airlines’ trapped funds in Nigeria has risen to $802m, according to latest figure by the…
Read More » -
ASSETS & FINANCIALS
FG approves 173 loan apps, bars illegal online banks
The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of…
Read More » -
NEWS LENS
Bureau Of Public Service Reforms Rates NIMASA High On Corporate Governance
The Bureau of Public Service Reforms, BPSR has declared the Nigerian Maritime Administration and Safety Agency, NIMASA, a “Silver…
Read More » -
ASSETS & FINANCIALS
Chinese loans rise by 209% under Buhari, hit $4bn
Federal Government’s borrowing from China has grown by 209.15 per cent under the Major General Muhammadu Buhari (retd.) administration.…
Read More » -
OIL & GAS
OPEC, allies begin fresh oil production cuts May
The Organisation of Petroleum Exporting Countries and its allies, referred to as OPEC+, on Sunday, announced voluntary cuts to their…
Read More » -
NEWS LENS
FG to demolish Lagos airport jet hangars
Barring any last-minute change of heart, the Federal Government will in the next one or two weeks begin the demolition…
Read More » -
ASSETS & FINANCIALS
Delta, Akwa Ibom, Rivers lead as states share N9.3tn in three years
The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December…
Read More »