FG to Withdraw Idle Oil Refinery Licences The Federal Government has said it will withdraw the refinery licences that have remained idle in the hands of...
$6bn Needed to Fix Refineries About $6bn worth of investment is needed to adequately rehabilitate and revamp the country’s refineries, the Nigerian National Petroleum Corporation has...
‘No Attack on Oil Facilities in Three Months’ Nigeria witnessed no pipeline vandalism arising from militant activities in the Niger Delta in the past three months,...
Govt Completes 22MW Ajaokuta Power Plant Towards the rehabilitation of the Ajaokuta Steel Complex, the Federal Government has completed the first phase of the ACSL thermal...
Customs Revenue Fell by N216.5bn in 2016 The revenue target of the Nigeria Customs Service for 2016 fell by N216.5bn, the Comptroller-General of Customs, Col. Hameed...
FG Appoints Transaction Advisers for National Carrier, Airports The Federal Government has approved the appointment of transaction advisers for the proposed national carrier and concession of...
Nigeria’s Total Debt Now N17.5tn –NBS The National Bureau of Statistics has said that the country’s foreign and domestic debts stood at $11.41bn (N3.49tn) and N14.02tn...
Chevron Reports Q1 Net Income of $2.7 Billion Chevron Corporation reported earnings of $2.7 billion for first quarter 2017, compared with a loss of $725 million...
FBN Merchant Bank Records 28% Rise in Profit FBN Merchant Bank Limited, a subsidiary of FBN Holdings Plc recently held its second annual general meeting, where...
Lagos Plans to Increase IGR to N50bn in 2018 The Commissioner for Economic Planning and Budget,Lagos State, Mr. Akinyemi Ashade, has said that the state government...