FG Urges Turkey to Invest in Nigeria’s Onshore Oil Assets
The Nigerian government yesterday urged Turkish authorities to consider funding major oil and gas projects in the…
Yearly Archives
2022
IWD: Buhari, Others Extol Virtues of Nigerian Women, Call for Better Appreciation
As the world celebrated International Women's Day (IWD) yesterday under the theme "Gender Equality Today for a…
Global Women Network to Hold Tech Seminar in Abuja
Global Women Network, a nongovernmental organization based in the United Kingdom with roots in Nigeria, is hosting…
Fintech company inaugurates programme for regulators, providers
EMTECH, a fintech firm for central banks and regulators, and Global Infoswift Consulting have launched FINREG…
Nigeria Google customers to pay 7.5% VAT from April 1
Google, the technology giant, has announced that Nigerians who use its platform to conduct business will be…
Oil-producing communities kick, want Senate to review PIA
Members of the Host Communities Producing Oil and Gas are fighting identified loopholes in the Petroleum Industry…
Investors lose N4 billion as NGX reopens bearish
The Nigerian Exchange Limited (NGX) sustained a sliding profile at the reopening of transactions, yesterday, as…
Customs bow to pressure, suspend e-valuation of imported vehicles
The Federal Government through the Nigeria Customs Service on Monday announced a 31-day suspension of the…
FIRS, others’ revenue collection cost rises by 49%, hits N329bn
The cost of revenue collection by key revenue-generating agencies of the Federal Government rose by N108.98bn…
CBN’ll boost local production with agric initiatives, says Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has expressed satisfaction with what he described as the…
Russia-Ukraine Conflict: Implications for Nigeria’s Wheat Importation
The invasion of Ukraine by Russia could affect Nigeria’s importation of wheat, a major ingredient used for the…
FG Insists Nigeria Has Enough Petrol in Stock, Says Supply Disruption an Accident
Despite the growing queues across the country, the federal government has maintained that there is enough petrol in…
Qatari Investments In Nigeria to Hit N500bn, Says Envoy
With current renewed efforts at strengthened bilateral relations, the State of Qatar has forecasted that its level…
NEITI: Companies Owed FG N1.32trn in 2020, Oil Revenue Dipped by 40%
The Nigeria Extractives Industries Transparency Initiative (NEITI) revealed yesterday that oil companies'…
US Firm, Kimberly-Clark Expands Investment in Nigeria to over $100m
The United States has stated that it is proud to be one of the largest foreign investors in Nigeria, as leading…
World Bank approves $723 million emergency financing package for Ukraine
The World Bank has approved a $723 million grant package for Ukraine, which would help the country’s government…
Fed Govt, Ukraine turn back volunteer fighters
The Federal Government has stated its opposition to the recruitment of Nigerians as mercenaries to fight in Ukraine…
APC crisis: Why Buhari approved Buni’s sack
Prominent leaders of the All Progressives Congress (APC) confirmed yesterday that President Muhammadu Buhari…
Excitement as Benin Republic grants Sunday Igboho conditional release
The Benin Republic has granted the embattled Yoruba nation agitator, Sunday Adeyemo (a.k.a. Sunday Igboho), a…
NCDMB: Afreximbank Invested over $42bn in African Enterprises in Five Years
The Nigerian Content Development and Monitoring Board (NCDMB) yesterday disclosed that the African Export-Import…
Oil could hit $150/barrel if the West sanctions Russia’s energy exports
Since Russia began its special military operation in Ukraine, the United States and other European nations have…
Worries as global powers launch new ‘scramble for Africa’
There is another scramble for Africa according to international media, but this time it is about who can best…
Transcorp Hotels profit increases by 143% as revenue hits N21.7 billion
Transcorp Hotels Plc has announced its audited financial statements for the full year ended December 31, 2021,…
Stock Market Begins First Trading Week with N32bn Decline
The stock market of the Nigerian Exchange Limited (NGX) commenced March dropping by N32billion on investors’…
UBA’s profit rose to N153bn in 2021
United Bank for Africa Plc said it recorded N153bn profit for the 2021 financial year ended December 31,…
CBN plays lead role in agric to create jobs, says Emefiele
The CBN governor Godwin Emefiele has expressed satisfaction with the level of interest and the impact the…
Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says…
The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at…
Mining, quarrying sector contributed N5.37tn to GDP in 2021’
The mining and quarrying sector recorded a total contribution of N5.37tn to the Gross Domestic Product in 2021,…
Mortgage rates plunge just as home prices set another record
Mortgage rates are sinking as markets contend with the ramifications of Russia’s attack on Ukraine, and that…
Russia’s Sberbank collapses 95% on London stock exchange as it exits Europe
Shares of Russia’s Sberbank plunged 95% on the London Stock Exchange on Wednesday to trade as low as a penny …