FG to Reduce Stakes in Refineries, Oil Assets The Federal Government has said it will reduce its stakes in Joint Venture oil assets, refineries and other...
‘Regulatory Agencies Lack Capacity to Verify Royalties, Others’ Regulatory agencies in the oil, gas and solid minerals sectors lack the required capacities to verify royalties and...
FG Unveils Economic Recovery Plan to Raise VAT on Luxury Items After months of extensive consultation with stakeholders from both the private and public sectors of...
New Lagos-Ibadan Rail Project for Completion in 2018 Acting President, Prof. Yemi Osinbajo, on Tuesday said the Federal Government would deliver a fast and efficient rail...
NBS: Imported Agric Products Totalled N212.73bn in Q4 The country spent N212.73 billion on imported agricultural products in fourth quarter of last year (Q4 2016), the...
Banks Begin Compliance with Directive on FX Teller Points Some commercial banks have heeded the Central Bank of Nigeria’s (CBN) directive on the opening of teller...
Reps Seek to Warehouse Dormant Accounts in CBN The House of Representatives moved on Monday to contain abuse of depositors’ dormant accounts by commercial banks in...
Fuel Queues Surface in Abuja Hundreds of motorists formed long queues in front of filling stations in Abuja on Monday as they waited to buy the...
Nigeria Loses N3.45bn Daily as Shell Shuts Bonga Nigeria’s first deepwater development, the Bonga field, has been shut down, causing oil firms and the nation a...
FG Begs Foreign Airlines to Use Kaduna Airport The Federal Government on Monday announced that the Nnamdi Azikiwe International Airport, Abuja would be closed in the...