Category: Business
Exclusive: Shell depletes 800 million barrels from Nigeria’s oil reserve in 13 years
Royal Dutch Shell has declared that the crude oil production from its Bonga oil field in Nigeria had hit the record 800 million barrels mark – a depletion from...
NNPC plots 16 % crash of MOMAN, IPMAN’s fuel retail market share
The Nigerian National Petroleum Corporation (NNPC) has begun plot to crash the fuel retail market share of private marketers nationwide from 86 percent to 70 percent....
Just in: Ocean Marine opens up on NNPC’s multi-million dollars pipeline deal
Ocean Marine Services (OMS) has denied allegation of impropriety on its multi-million dollars pipeline surveillance deals with the Nigerian National Petroleum...
Baru to NNPC Retail: Attain 30% market share
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has instructed the Corporation downstream company, NNPC Retail, to...
Diamond: Drum beats over acquisition by Access bank
A group that goes by the name Association of Concerned Sharedholders of Diamond Bank have kicked against the acquisition of Diamond by Access. In a press statement...
Update: Access Bank acquires Diamond Bank
Reports have confirmed that the Central Bank of Nigeria (CBN) in the course of the week would make public the announcement of the transaction leading to Access...
Economy: Atiku hires 92yrs old strategist who caused US financial crisis
The Peoples Democratic Party (PDP) Presidential candidate , Atiku Abubakar strategic team has consulted 92 years old former chairman of United State Federal Reserves,...
Inflation rate rises in November ahead of Christmas shopping
The National Bureau of statistics (NBS), has released the Consumer Price Index (CPI), which measures inflation rate for the month of November. According to the NBS, the...
FIRS generates N5tn, targets N5.3tr by year-end
THE Executive Chairman, Federal Inland Revenue Service (FIRS), Tunde Fowler has said the Service has generated N5 trillion by the second week of December 2018, adding...
CBN adds more to 41 items not eligible for forex
The Central Bank of Nigeria (CBN) on Monday added one more item to the 41 items not eligible for foreign exchange (forex). The Apex bank added fertiliser to the list of...
