Shoreline Canadian Overseas, ShoreCan, an affiliate of the Canadian Overseas Petroleum Limited, COPL, said it has completed the acquisition of 80 per cent of the share...
From a money spinner, the Calabar Port is turning into a revenue loser following its littering with wrecks and an abandoned rig worth millions of dollars....
The Manufacturers Association of Nigeria (MAN) has restated its opposition to the Economic Community of West African States (ECOWAS) /European Union (EU) Economic Partnership Agreement (EPA),...
The Central Bank of Nigeria’s Monetary Policy Committee will today (Monday) begin its two-day bi-monthly meeting to review the state of the economy. It is expected...
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has predicted that the nation’s economy will likely come out of recession by the fourth...
Reports from Reuters within the week indicated that Mobil Producing Nigeria Unlimited (MPN), a unit of ExxonMobil, will resume shipment of Qua Iboe crude, Nigeria’s largest...
The Managing Director and Chief Executive Officer, Egbin Power Plc, Mr. Dallas Peavey, Jr., in this interview with says the nation may be enveloped in darkness...
Ratings agency Standard & Poor’s cuts Nigeria’s credit rating on Friday, saying the drop in oil production and a restrictive foreign exchange regime was hurting its...
Nigeria’s inflation rises in August to a record high, as the forex scarcity persist amid global oil glut. The consumer price index which measures inflation increased...
The Central Bank of Nigeria has asked state governments that do not have industry banks to facilitate the establishment of such to speed up industrialisation and...
