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NEWS LENS
Navy Acquires Patrol Vessels To Boost Maritime Security
Chief of Naval Staff, Vice Admiral Emmanuel Ogalla The Nigerian Navy has disclosed that it has acquired two high-endurance offshore…
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ASSETS & FINANCIALS
FG Plans Fresh Borrowing Via Eurobond In June
President Tinubu The Federal Government has enlisted the expertise of leading global investment banks, including Citibank NA, JPMorgan Chase &…
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NEWS LENS
Terrorism: UN Begins Lagos, Airports Security Audit
A team of experts from the International Civil Aviation Organisation, the United Nations agency that regulates the global aviation industry,…
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ASSETS & FINANCIALS
Senate Gives Panel Six Weeks To Probe N30tn CBN loans
The Senate President, Godswill Akpabio, has charged the panel members investigating the N30tn “Ways and Means” loans secured from the…
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NEWS LENS
NIMASA DG Jamoh’s Tenure Expires, Hands Over To Ofodile
The director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has handed the affairs of the…
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ASSETS & FINANCIALS
PenCom Denies Lending FG N10tn
DG, PENCOM, Aisha Umar The Director General of the National Pension Commission, Aisha Dahir-Umar, has denied allegations that the commission…
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OIL & GAS
Oil Earnings Rise By N450bn In Two Months, Says FG
Crude oil earnings by the Federal Government increased by about N449.93bn in the months of December 2023 and January 2024,…
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ASSETS & FINANCIALS
Naira Devaluation Fuelling Massive Regional Export – Govs
The Nigeria Governors Forum has said governors are implementing diverse strategies and measures aimed at resolving the ongoing economic challenges…
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ASSETS & FINANCIALS
Cement Companies Grow Revenue To N3tn
The three cement manufacturing companies listed on the Nigerian Exchange Limited improved their incomes by 30.65 per cent to N3.07tn…
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NEWS LENS
Blue Economy Can Add $1.5tn To Global Economy – Don
Professor Charles Ogbulogo The Vice-Chancellor of Maduka University, Enugu State, Professor Charles Ogbulogo, has said Nigeria’s blue economy holds great…
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NEWS LENS
AfCFTA: Nigeria Commences Export To S’Africa, Others In April
Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo. Nigeria is to begin the formal export of locally produced…
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NEWS LENS
NPA Generated N501bn Revenue In 2023 – Bello-Koko
Koko Bello, MD, NPA The Nigerian Ports Authority has said that its annual revenue grew to N501bn in 2023 from…
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OIL & GAS
Alleged N1.2bn Fraud Leads to Suspension of REA Boss and Directors by Tinubu
Ahmad Salihijo President Bola Tinubu has indefinitely suspended the Managing Director/Chief Executive Officer of the Rural Electrification Agency, Ahmad Salihijo,…
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OIL & GAS
Independent Marketers To Commence CNG Sales – Official
Members of the Independent Petroleum Marketers Association of Nigeria have disclosed they are in talks with the Federal Government to…
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OIL & GAS
High Tariff Barrier To Rural Electrification – Schneider Electric
A Power Transmission System Schneider Electric has stated that high tariff remains a barrier to electricity usage in rural communities…
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NEWS LENS
Reps Grill Ministers Over Ports Concessions Tuesday
Joint section of the Senate The House of Representatives has summoned the Ministers of Blue Economy Gboyega Oyetola and his…
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OIL & GAS
Saudi Arabia, Russia, Others Cut 2.2 Million bpd
Oil worker Several members of the Organisation of the Petroleum Exporting Countries and its allies, OPEC+, have announced a voluntary…
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ASSETS & FINANCIALS
Banks Involved In 70% Of Financial Crimes – EFCC
The Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the…
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OIL & GAS
Discos Reject 1,769MW Of Electricity Amid Widespread Blackout
Despite the widespread blackout and the worsening state of electricity supply in Nigeria, the latest figures on the daily load…
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NEWS LENS
Navy Destroys Illegal Oil Refining Sites In Rivers, Bayelsa, Ondo
The Nigerian Navy has set ablaze four illegal oil refining sites in Rivers, Bayelsa and Ondo States between Saturday and…
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