Category: Business

Photo speak: Changing tide

Hon. Minister of State for Petroleum Resources, Chief Timipre Sylva, boarding an IbomAir aircraft from Uyo, Akwa Ibom State, today after a meeting of the Board of the...

NNPC posts crude oil & gas export receipts of $378.42m in June

… Records $4.60billion export sale in one year The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of...

SEC vows to enforce capital market rules

The Securities and Exchange Commission has said it would strictly enforce all rules that guide the operations of the capital market so as to restore investors...

Nigeria spends N120bn annually on idle refineries – Petroleum Engineers

The Society of Petroleum Engineers, SPE, Nigeria Council, has stated that Nigeria spends nothing less than N120 billion on its non-performing refineries annually. The...

Sanwo-Olu sets to deliver two iconic office projects December

  Amidst the economic recession and dwindling financial resources occasioned by the COVID 19 pandemic, the Babajide Sanwo-Olu administration in Lagos State on...

NSE: investors stake N 1.75b on 158.6m shares

The Nigerian Stock Exchange (NSE) on Friday moved 158.62 million shares worth N1.75 billion exchanged in 3,194 deals. This was in contrast with 179.55 million shares...

Rich nation also cry: Britain’s debt profile up to £2trn

For the first time in 59 years,British Governments debt on Friday soared to a record 2 trillion pounds ($2.62 trillion), surpassing the country’s annual GDP ....

senate

Senate queries DPR over shortfall in remmittance

  Officials of Department of Petroleum Resources (DPR) were on Friday queried by the Senate on Friday for remitting only N44. 5 billion into the Consolidated...

Aircraft crashes into fence at Lagos airport

  One of the aircraft in the fleet of Jedediah Air, crashed into a fence at the General Aviation Terminal (GAT), local wing of the Murtala Muhammed Airport, Lagos...

NCC, NFVCB renew partnership on anti-piracy

Nigerian Copyright Commission (NCC) and National Film and Video Censors Board (NFVCB) have committed to a renewed interagency collaboration to boost implementation of...