Crude oil theft: NNPCL deactivates 395 illegal refineries
The Nigerian National Petroleum Company Limited (NNPCL), on Tuesday, said it has deactivated 395 illegal refineries in its efforts to...
NNPC profit hits N674bn
The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared a profit after tax of N674 billion for the financial...
Transportation Minister applauds NIMASA’s capacity development initiatives
Minister of Transportation, Alhaji Mu’azu Sambo, has commended the management of Nigerian Maritime Administration and Safety Agency (NIMASA) for its...
NNPC Ltd acquires OVH Energy Marketing Limited assets
The Nigerian National Petroleum Company Limited (NNPC LTD.) has completed the acquisition of OVH Energy Marketing Limited (OVHEM) downstream assets...
Berger Paints Nigeria Plc appoints Fagun as MD
Berger Paints Nigeria Plc has appointed Mrs Alaba Fagun as its Managing Director, with effect from October 4. The company’s...
Port terminals concession: NPA concludes lease renewal, awaits FG’s approval
The Nigerian Ports Authority (NPA) has concluded the renewal of concession agreement with five terminal operators after the expiration of...
CBN: MPC increased rates as measure to control inflation
The Central Bank of Nigeria (CBN) says its Monetary Policy Committee (MPC) decision to increase Monetary Policy Rate (MPR) is...
For third consecutive time, CBN hikes Monetary Policy Rate to 15.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased Monetary Policy Rate (MPR) from 14 per...
World Maritime Day: Jamoh speaks on NIMASA’s mission of ‘achieving cleaner oceans’
Minister of Transportation, Mu’ azu Jaji Sambo, says Nigeria is committed to achieving greener shipping in line with the campaign...
Nigeria Air: FG selects Ethiopian Airlines as preferred bidder
The Federal Government has selected Ethiopian Airlines (ET) Consortium as preferred bidder for Nigeria Air. The Minister of Aviation, Senator...
FAAC: FG, states, councils share N673.137bn
The Federation Account Allocation Committee (FAAC) has shared N673.137 billion to the three tiers of government as federation allocation for...
Top 50 Brands: Dangote emerges Most Valuable for fifth consecutive year
Dangote Industries Limited (DIL) has emerged the Most Valuable Brand in Nigeria for a record 5th year in a row...
NPA expects 30 ships carrying assorted goods at Lagos ports
The Nigerian Ports Authority (NPA), on Monday, said 30 ships conveying assorted goods were expected at Lagos ports from September...
Peter Obi: I’ll overhaul security architecture to set new order for economy
Mr Peter Obi, the Labour Party (LP) presidential flagbearer, said if elected in 2023, his government would overhaul the country’s...
Crude oil production: Angola, Libya overtake Nigeria
Angola and Libya have overtaken Nigeria as Africa’s highest crude oil producer, says a report by the Organisation of the...
NIMASA, NPA partner on deployment of Modular Floating Dockyard
Minister of Transportation, Mr. Mu'azu Jaji Sambo, has charged the Management of the Nigerian Maritime Administration and Safety Agency, NIMASA,...
UBA records strong double digit growth in top, bottom lines; declares N0.20k Interim Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended...
FG suspends 5% excise duty on telecom services
The Federal Government has suspended the implementation of the five per cent excise duty charge earlier proposed on telecom services...
DMO offers two FGN savings bonds at N1,000 per unit
The Debt Management Office (DMO), on Monday, announced two new Federal Government of Nigeria (FGN) savings bonds offer at N1,000...
FAAN takes responsibility over escalator incident at MMIA
The Federal Airports Authority of Nigeria (FAAN) has assumed full responsibility of the life-threatening experience of a passenger with an...
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