Oil Production Cost Drops by 71 Percent The Nigerian National Petroleum Corporation on Wednesday said it had driven down the cost of crude oil production from...
Oyo Releases N13bn for Workers’ Salaries The Oyo State Commissioner for Local Government and Chieftaincy Matters, Mr. Bimbo Kolade, on Wednesday said N13bn had been released...
Investors Keen on Modular Refineries Despite Challenges After many years of lack of investment in private refineries in Nigeria, several local and foreign investors are keen...
CBN to License Stockbrokers to Access Liquidity Window Efforts by the Securities and Exchange Commission (SEC), to address liquidity constraints in the capital market heightened yesterday,...
Nigeria Seeks to Diversify From Oil With $41 Billion of Rail Nigeria has started a $41 billion railway expansion to reduce dependence on oil and diversify...
Knocks for Govt’s Plan to Exempt Firms from Tax The Federal Government’s plan to exempt 27 industries from paying companies’ income tax for three years, with...
Dangote to Sell N200b shares in Block Divestment Dangote Industries Limited (DIL), the majority core investor in Dangote Cement Plc, plans to sell shares valued at...
Mobil Oil Nigeria Changes Name to Double One The Nigerian Stock Exchange (NSE) at the weekend formally changed the name of Mobil Oil Nigeria to 11...
NSC, NNPC, NEXIM Bank, Others Partner on Truck Park The Nigerian Shippers Council (NSC) said, it is collaborating with the Nigerian National Petroleum Corporation (NNPC), NEXIM...
Nigeria’s Domestic Debt Refinancing Strategy Obinna Chima examines the federal government’s public debt restructuring plan by way of refinancing maturing treasury bills with cheaper and longer...