PPPRA: FG spent N8.9t on subsidy between 2006 and 2015
The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government spent a total of N8.94 trillion on oil subsidy...
NSE market indicators resume week with 0.01% growth
The market indicators of the Nigerian Stock Exchange (NSE) resumed transactions for the week on Monday with a marginal growth...
NCC insists on unused data rollover policy
The Nigerian Communications Commission (NCC) has declared that its directive on the implementation of data rollover from June 26, 2018...
COVID-19 impact: Tourism industry loses $50bn; Transcorp Hotels Plc to restructure, diversify, reduce workforce
The novel COVID-19 pandemic has caused the African Hotel and Tourism industry to lose over $50bn in revenue. Amidst this,...
Maritime security: NIMASA, Air Force to deploy assets for deep blue project
Air assets acquired under the Deep Blue Project, also called the Integrated National Security and Waterways Protection Infrastructure, domiciled with...
NNPC ‘recorded N20.36bn trading surplus in July’
The Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of N20.36 billion in July 2020 compared to...
Autogas: DPR boss says ‘only rich will use petrol cars by 2022’
Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR), says the Federal Government is committed to ensuring that majority of...
Kudos for NIMASA as Cadets secure more sea time berths
The Nigerian Maritime Administration and Safety Agency (NIMASA) has made significant progress in securing sea time berths for cadets trained...
UBA U.S. CEO Sola Yomi-Ajayi appointed to EXIM’s Sub-Saharan Africa Advisory Committee
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States (U.S.), has been appointed...
NCC praised for implementing FG’s digital economy agenda, as Pantami says ‘telecoms services contributed over 45% to GDP’
Minister of Communications and Digital Economy, Dr. Isa Pantami, has declared that digital services in the country "have contributed over...
FirstBank promotes career development of staff, graduates third set of SMDP participants
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated 12 successful candidates in the third edition...
7,000MW: FG to spend $2.3bn on first phase of Presidential Power Initiative
The Minister of State for Power, Mr Goddy Agba, says the Federal Government plans to spend $2.3 billion on the...
NCC: Broadband penetration hits 42.02%, subscription now 80,215,614
Nigeria's broadband penetration reached 42.02 per cent in June, 2020. This was revealed by the Nigerian Communications Commission (NCC) in...
Jan-June 2020: FAAC says FG got N1.53trn, states N1.29trn, LGs N771.34bn
The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the Federal Government, states, local government areas and other statutory...
Naira loses against dollar at parallel market
Barely 24 hours after the Central Bank of Nigeria (CBN) resumed dollar sales at the Bureau De Change (BDC) sector,...
NIMASA key in stopping Nigeria’s oil dependence, says Diri
Governor of Bayelsa State, Senator Duoye Diri, says the Nigerian Maritime Administration and Safety Agency (NIMASA) is key in efforts...
Crude affreightment: NIMASA revives move to change Terms of Trade, seeks new maritime security strategy
The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment...
Income tax: FIRS inaugurates online portal for financial institutions
The Federal Inland Revenue Service (FIRS) has inaugurated a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the...
NCC remits N362.34bn into FG’s Consolidate Revenue Fund in five years, says Danbatta
The Nigerian Communications Commission (NCC) remitted N362.34 billion into the Federal Government Consolidate Revenue Fund (CRF) from 2015 to date,...
NIMASA D-G, envoy meet, as Nigeria, Korea pledge to deepen cooperation in shipping
Nigeria and South Korea have agreed to intensify their collaboration in trade and shipping development. This was disclosed in Lagos...
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