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ASSETS & FINANCIALS
N30tn Loans: Senate Uncovers Fresh Infractions, Summons Cardoso
Cardoso The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of…
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ASSETS & FINANCIALS
Equity Market Dips 0.40% On Sell-Offs
Trading Floor of NSE The Nigerian exchange declined by 0.40 per cent as investors reacted to the latest Consumer Price…
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ASSETS & FINANCIALS
Naira Depreciation Pushes Nigeria’s Imports To N35tn
Nigeria’s total imports grew to N35.9tn in 2023, from N25.5tn recorded in 2022, according to data by the National Bureau…
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OIL & GAS
PH Refinery: Marketers Eye Fuel Price Reduction, Ready To Load
Port Harcourt Refinery he Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected…
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I CARE INTERVIEW
Trade Facilitation: There Are Limits To What Customs Controllers Can Seize- Compt Oramalugo
Comptroller Ben Nkem Oramalugo Trade facilitation in supply chain could mean many things in relations to professions and duties at hand.…
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ASSETS & FINANCIALS
Senate Warns Against Supplementary Budget, Excess Loans
The Senate has warned the executive against increasing the budget size through a supplementary budget, advising the government to use…
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ASSETS & FINANCIALS
FG Eyes $1bn W’Bank Loans For IDPs, Agric
The Federal Government is in talks with the World Bank to complete the processes of obtaining over $1bn loans to…
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OIL & GAS
Nigeria’s Functional Oil Drilling Rigs Rise To 16 – OPEC
The number of functional oil drilling rigs across the country increased marginally to 16 in February, data from the latest March…
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NEWS LENS
IWD: MMS Hall of Fame Crowns Ten Amazons, Amb. King Chairs Occasion
Ten women with remarkable difference and impact have been nominated for recognition as Inspired Amazons to mark the 2024 International Women’s Day(IWD) …
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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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