FG Puts up N7bn Presidential Jets for Sale The Presidency on Tuesday confirmed that newspaper advertisements for the sale of two presidential aircraft, a Falcon 7X...
Nigeria’s Refineries More of Liabilities than Assets An energy expert, Mr. Dan Kunle has said that Nigeria’s three refineries in Port Harcourt, Kaduna and Warri are...
EU Advises Nigeria to Devalue Naira A European Union (EU) official, Fillippo Amato, has advised the federal government to devalue the naira as part of measures...
NIMASA Begins Recovery of $5bn Debt The Nigerian Maritime Administration and Safety Agency says it is embarking on a debt recovery measure aimed at collecting about...
Oil Price Hits $50, Nigeria’s Exports to Rise Global oil benchmark, Brent crude, extended its rally on Sunday to hit the $50 per barrel mark, the...
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending on Thursday said about 8,000 cattle and small ruminants valued at N1.6bn were being consumed in Lagos...
Barely 24 hours after OPEC members reached consensus, Iranian Oil Minister Bijan Zanganeh has debunked the agreement saying the figures used by OPEC are too low compared...
Some of the world’s biggest oil producers have agreed to cut production for the first time in eight years, sending crude prices higher by more than...
The Federal Government owes oil companies at least a total of $8.06bn in unpaid cash calls, as the Nigerian National Petroleum Corporation failed to pay $3.06bn...
Although Nigerian banks are contending with the effects on earnings of weak oil prices, shortages of US dollars, devaluation of the naira and slowing economic growth,...
