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,...
The National Tax Policy Review Committee has advised the Federal Government to merge the Federal Inland Revenue Service (FIRS) and Nigeria Customs Service (NCS) to improve...
The Indian Government has promised to increase the volume of crude oil it buys from Nigeria. The Asian country also promised to invest $5bn in the...
The Nigerian Communications Commission has written the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, demanding the transfer of the initial N50bn...
