ExxonMobil: Blockade Threatens Nigeria’s Oil Production Oil giant ExxonMobil has decried the blockade mounted by its former employees around its facilities in Nigeria. The oil firm...
Naira Gains Against Dollar at Parallel Market The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on...
CBN Boosts Foreign Exchange Market With $210m The Central Bank of Nigeria says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to...
Unity Bank Sells N400bn Bad Loans to Lure Investors Unity Bank Plc sold N400bn ($1.1bn) of bad loans to clean up its balance sheet as it...
UBA Introduces Leo on WhatsApp United Bank for Africa said it had introduced its chat bank ‘Leo’ on the WhatsApp platform. A statement from the bank...
NNPC, Chinese Consortia Sign Pacts on Biofuel Production The Nigerian National Petroleum Corporation says it has signed a Memorandum of Understanding with Nigerian-Chinese consortia towards developing...
Customs Record Highest Monthly Revenue of N140.4bn The Nigeria Customs Service on Tuesday said it recorded its highest-ever monthly revenue collection of N140.41bn in August. The...
NAICOM Lifts Ban on New Licence Issuance After eight years of suspending the issuance of new operating licences to investors to start new life, non-life and...
Nigeria Has Gained Over $5bn Projects from China – Buhari President Muhammadu Buhari said on Tuesday that Nigeria had gained from China the execution of infrastructure...
Nigeria Air’s December Take-off Date Still Feasible — NCAA The Director General, Nigerian Civil Aviation Authority, Capt. Muhtar Usman, has said the proposed national carrier, Nigeria...