SEC Suspends Heritage Capital Over Shares Sale The Securities and Exchange Commission has suspended Heritage Capital Markets Limited and its directors as well as sponsored individuals...
NNPC Gets 30% Discount on Contracts After Renegotiations The Nigerian National Petroleum Corporation on Sunday said it realised between 5 percent and 30 percent discounts on existing...
Nigeria Recorded N104Billion Negative Trade Balance in Q3 The National Bureau of Statistics (NBS) has disclosed that Nigeria recorded a negative trade balance of N104 billion...
Delta Paid Ibori N250m in UK Prison The Delta State Government paid former Governor James Ibori N250m while he was in jail in the United Kingdom...
Conoil Assures Nigerians of Adequate Fuel Stock An indigenous oil and gas company, Conoil Plc, has said all its stations across the nation will be well...
Nigeria Loses N115bn to Crude Terminal Shutdown With global oil prices trading above the $50 per barrel mark since November 30, the shutdown of the Forcados...
CBN Sells N40bn Treasury Bills The Central Bank of Nigeria said it had raised N39.72bn ($130.57m) at a Treasury bill sale, with yields unchanged on the...
Investors Continue Search for Oil in Ororo Field Sirius Petroleum has entered into a contract with an oilfield services company, Schlumberger, for the provision of an...
1.7 Million Nigerians Became Jobless in Nine Months The harsh economic situation in the country has thrown 1.7 million Nigerians into the job market in nine...
Christmas: ATMs Running Out of Cash Less than 24 hours to Christmas, many bank customers yesterday faced hard times trying to make withdrawals at Automated Teller...