Nigeria External Trade Hits N17.35bn in 2016 The National Bureau of Statistics has said the value of the total trade at the end of 2016 was...
FG to Reduce Stakes in Refineries, Oil Assets The Federal Government has said it will reduce its stakes in Joint Venture oil assets, refineries and other...
FG Unveils Economic Recovery Plan to Raise VAT on Luxury Items After months of extensive consultation with stakeholders from both the private and public sectors of...
Nigeria Loses N3.45bn Daily as Shell Shuts Bonga Nigeria’s first deepwater development, the Bonga field, has been shut down, causing oil firms and the nation a...
FG Begs Foreign Airlines to Use Kaduna Airport The Federal Government on Monday announced that the Nnamdi Azikiwe International Airport, Abuja would be closed in the...
NLNG Predicts Demand Growth from China, India The Nigeria Liquefied Natural Gas Limited (NLNG) has stated that with the current LNG demand growth from China, India,...
Egina Field to Contribute 10% of Nigeria’s Oil Output in 2018 Total Exploration and Production Nigeria Limited has stated that crude oil production from its Egina...
Firm to Invest $6bn in Electricity Generation A private firm, Eta-Zuma Group West Africa Limited, has announced an investment outlay of $6bn to boost Nigeria’s electricity...
Govt Removes 10% Contribution on Mortgages Below N5m The Federal Government on Sunday announced that henceforth, mortgages below N5m would not attract the initial payment of...
NLNG’s Revenue Crashes by N646.6bn The Nigeria Liquefied Natural Gas Limited posted a revenue decline of N646.6bn ($2.12bn at N305/$ official exchange rate) in its 2016...