NPDC Loses N260bn as Production Capacity Falls by 70% The production capacity of the Nigerian Petroleum Development Company has significantly fallen due to pipeline sabotage. The...
NUPENG Threatens Strike Over P’Harcourt Refinery Sale The Nigeria Union of Petroleum and Natural Gas Workers has vowed to shut down the oil sector if the...
Senate Plans to Invite CBN, Banks Over High Interest Rates Senate President Bukola Saraki has said the Senate is concerned about the high interest rates on...
Manufacturers Seek New Strategy for Drug Importation Nigeria’s pharmaceutical companies want policy consistency and clarity as well as a new strategy for drug importation to enable...
Afreximbank Closes $632.9m, €449.6m Syndicated Loan Facility The African Export-Import Bank has successfully closed a record 632.9 million dollars and 499.6 million Euro dual-tenor dual-currency syndicated...
Proposed N5 Petrol Levy Huge Joke – NUPENG The Nigerian Union of Petroleum and Natural Gas Workers has criticised the proposed N5 petrol levy by the...
NNPC Posts N28.38bn Loss as Refineries Fail to Improve The Nigerian National Petroleum Corporation posted a cumulative loss of N28.38bn, while the combined capacity utilisation of...
Stocks: Investors Gain N798bn in One Week Investors in the Nigerian stock market recorded N798bn appreciation on their holdings between Friday May 26 and June 2,...
FG Provides N10bn for Workers’ Promotion Arrears The Federal Government has set aside N10bn to offset promotion arrears of civil servants on its payroll. The government...
N’Assembly Members to Buy N50m Abuja Flats Members of the National Assembly are currently subscribing to a mortgage facility that will make each lawmaker cough out...