-
OIL & GAS
N200bn debt: IPMAN threatens closure of 30,000 filling stations
Oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, declared that it would shut…
Read More » -
NEWS LENS
FG Offers Free Ride As P/Harcourt-Aba Train Service Debuts
The Federal Government on Tuesday inaugurated train operation on the Port Harcourt-Aba rail line for use by members of the…
Read More » -
ASSETS & FINANCIALS
Bank MDs, Directors’ Emoluments Rise To N18bn
Executive and non-executive directors of 10 banks received N17.79bn as sitting allowance and compensation in 2023, according to an…
Read More » -
ASSETS & FINANCIALS
Dangote Declares Naira Depreciation Biggest Challenge In 2023
The President of Dangote Industries Limited, Aliko Dangote, has said that the depreciation of the local currency was the company’s…
Read More » -
NEWS LENS
FG To Review Bilateral Air Service Agreements
The Minister of Aviation and Aerospace Development, Festus Keyamo, has unveiled plans to review agreements Nigeria had entered into with…
Read More » -
OIL & GAS
Shell Will Complete $2.4bn Nigeria Assets Sale June – FG
The Federal Government on Monday commenced a due diligence meeting for the proposed $2.4bn asset sale by Shell to Renaissance…
Read More » -
FOTO BEACH
MMS Inspired Amazon Ignites Fire In Women
The Making of MMS Inspired Amazon 2024 and the MMS Hall of Famers Day marking the International Women’s Day (IWD)…
Read More » -
NEWS LENS
Onne Port Complex Berths Another Vessel Measuring 300 Metres
The Onne Port Complex of the Nigerian Ports Authority (NPA) on Saturday again demonstrated its capacity and readiness for large…
Read More » -
SPECIAL REPORT
-
OIL & GAS
NNPC, Firm Partner To Raise P’Harcourt Refinery’s Capacity
Port Harcourt Refinery The Nigerian National Petroleum Company Limited has signed an agreement with the African Refinery Port Harcourt Limited…
Read More » -
ASSETS & FINANCIALS
Equity Market Reverses Downtrend As Investors Gain N26bn
After days of sustained bearish trading, the Nigerian exchange recorded a 0.05 per cent increase in the All-Share Index as…
Read More » -
ASSETS & FINANCIALS
‘FG Must Sustain Moves To Stabilise Naira’
The Federal Government through the Central Bank of Nigeria has been urged to sustain recent moves and policies being rolled…
Read More » -
OIL & GAS
Dangote: Forex Shortage Delays Crude Supplies
Aliko Dangote Chinese state energy major, PetroChina, has been waiting to unload a cargo of United States crude at Nigeria’s…
Read More » -
OIL & GAS
IOCs Insist On Dollar Payment For 80% Crude Sale
Oil worker To purchase crude oil, modular refineries are to now pay 80 per cent of the amount in the…
Read More » -
NEWS LENS
FG Suspends Dana Air Licence After Lagos Airport Incident
The Nigerian Civil Aviation Authority has suspended the Air Operators Certificate of Dana Air. This came barely 24 hours after…
Read More » -
OIL & GAS
Report Ranks Dangote Over Europe’s Big Refineries
Alhaji Aliko Dangote The Dangote refinery has been ranked above the 10 biggest refineries in Europe because of its capacity,…
Read More » -
OIL & GAS
$500m Funds: Lokpobiri, Ex-local Content Boss Clash
Lokpobiri, Minister of State for Petroleum Petroleum Resources The face-off between the Minister of State for Petroleum Resources (Oil), Heineken…
Read More » -
OIL & GAS
Dangote Drops Diesel To N940, Stations Sell N1,400
Oil marketers have continued to dispense Automotive Gas Oil, popularly called diesel, at a price between N1,350/litre and N1,450/litre in…
Read More » -
ASSETS & FINANCIALS
CBN Releases More Dollars As Naira Weakens To 1,300/$
Cardoso, CBN Governor The naira depreciated further against the United States dollar at the official market on Tuesday, closing at…
Read More » -
ASSETS & FINANCIALS
Emefiele Printed N684.5m With N18.9bn, Says EFCC In Fresh Charge
Godwin Emefiele, Former CBN Governor The Economic and Financial Crimes Commission has filed a fresh charge at the High Court…
Read More »