Category: Business

How FG’s fuel subsidy debt profile hit N130.7bn – Marketers

The Federal Government’s debts profile on fuel subsidy and taxes to major marketers of petroleum products in Nigeria have hit N130.7 billion mark. Major Oil Marketers...

650, 000 barrels daily Dangote refinery on schedule

The Federal Government said on Wednesday that it envisaged production at a huge oil refinery being built in Nigeria by Africa’s richest man to start as scheduled...

$8.1bn repatriation, CBN, MTN inch closer to truce – Minister

The Central Bank of Nigeria (CBN) and South African telecommunications giant, MTN are closer to a truce in their dispute over the repatriation of $8.1 billion. Minister...

Asaba Airport to be operational hub of Air Peace – Okowa

NIGERIA’S premier carrier, Air Peace Airline is to make the Asaba Airport its operational hub, Delta State Governor, Senator Dr Ifeanyi Okowa has said. The governor...

Senate asks CBN to increase maximum ATM withdrawal to N40,000

Senate on Wednesday  asked the Central Bank of Nigeria (CBN) to compel commercial banks to increase the maximum amount customers can withdraw from Automated Teller...

NNPC launches virtual Gas pipeline system

A major stride in the drive for optimization of the nation’s vast gas resources has been recorded with the execution of a novel contract between the Nigerian National...

Retired Nigeria Airways employees being verified for payment nationwide

Retired Nigeria Airways employees being verified for payment nationwide. Above is the Lagos centre.

NCDMB partners Dangote refinery on local content

Nigerian Content Development and Monitoring Board (NCDMB) has praised the management of Dangote (www.Dangote.com) Petroleum Refinery and Petrochemical Free Trade Zone...

SERAP

SERAP faults Buhari, says travel ban on 50 Nigerians illegal, repressive

A Civil soceity organization, Socio-Economic Rights and Accountability Project (SERAP) has said that “The order banning 50 alleged high-profile corrupt Nigerians from...

Former service chiefs and ministers top list of 50 men on FG watch list

Former service chiefs and ministers who had served in previous administrations  in the country are top on the list of the 50 men on the watch list of the Federal...