Category: Business
N800bn subsidy: Marketers beg FG as banks confirm 79 filling stations, 9 tank farms seizure
Banks have confiscated multi-billion naira worth of assets including over 79 filling stations and nine tank farms from fuel marketers as the lenders heightened...
Nigeria loses $6bn from ‘corrupt’ oil deal linked to fraud
A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria losing an estimated $6bn. The campaign...
Exclusive: $2.4bn AKK project: NNPC’s ground breaking target suffers
The Nigerian National Petroleum Corporation (NNPC) has missed the October target it set for the ground breaking of the $2.4 billion Abuja Kaduna Kano (AKK) project....
Samsung apologises to workers over factory cancer cases
SAMSUNG Electronics, Friday, apologised to workers who developed cancer after working at some of its factories, finally ending a decade-long dispute at the world’s...
Food prices dip in Kwara, Ondo, Akwa Ibom as inflation drops to 11.26%
Food prices in four states of the country experienced negative inflation between September and October 2018. According to the consumer price index (CPI)/Inflation report...
NLPGA bemoans N1trn fuel subsidy
The difficulty buoyed by Federal Government’s inaction to end over N1 trillion average annual investments on fuel subsidy has, according to the Nigerian Liquefied...
Hypocrisy of Western countries on MTN $8.1 billion fine
The British and American governments have criticized the $8.1 billion fine imposed on the nation’s leading telecommunication firm, MTN, by the Central Bank of Nigeria...
NAPE bemoans FG’s oil bid round inaction
Highest body of petroleum explorers in Nigeria, Nigeria Association of Petroleum Explorationists (NAPE) on Monday took a swipe at the Federal Government’s inaction on...
Seven years after: GOtv blazing the trail in DTT in Nigeria
About a decade ago, the prospect of Nigerians enjoying world class digital terrestrial television remained an elusive dream as the country trailed behind other...
AMCON’s proposed amendment Bill almost ready – House of Reps
The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri this evening in Abuja said the House of Representatives of...
