Lagos Releases N515m to 252 Retirees The Lagos State government has paid N515 million to another batch of 252 retirees. Governor Akinwunmi Ambode, represented by the...
Nigeria Loses N610bn Annually to Agencies’ Biometric Duplication Nigeria is losing about $2bn (N610bn at the official exchange rate of N305 to a dollar) annually as...
Nigerian Investor Sets Up $135 Million Commodities Exchange A Nigerian startup is developing the first agricultural commodities exchange in Africa’s most populous country to take advantage...
Fed Govt Saves N41b From DisCos Debt Claims The verification of the N67billion Ministries, Departments and Agencies (MDAs) debt claims, which the 11 electricity distribution companies...
Dangote to Engage Nigerian Vendors in Building Refinery The Nigerian Content Development and Monitoring Board, on Monday, said the management of Dangote refinery had agreed to...
FirstNation Suspends Scheduled Flight Operations FirstNation Airways has switched temporarily from offering scheduled flights to charter services, following a reduction in its fleet size. The Director-General,...
Govt Agencies Remitted N687.82bn Operating Surplus in Nine Years Agencies of the Federal Government have remitted a total of N687.82bn to the Consolidated Revenue Fund in...
CBN Intervenes with Fresh $195 Million The Central Bank of Nigeria (CBN) on Monday offered a total of $195million in three segments of the interbank foreign...
Total Acquires Maersk Oil for $7.45bn in Share, Debt Transaction French oil giant, Total, on Monday announced that it had acquired 100 per cent of the...
Investors Shun NNPC’s Planned Pipeline Project from Kaduna Refinery to Niger Republic The plan by the Nigerian National Petroleum Corporation (NNPC) to build a crude oil...