Category: Business

FG to compel IOCs to refine 50% output in Nigeria

The Federal Government at the weekend declared plans to get the International Oil Companies (IOCs) operating in Nigeria to refine 50 per cent of their productions volume...

Stiffer regulations needed to manage Nigerian Airlines, says AMCON MD

The need to properly regulate the aviation industry in the country has again been identified as panache for growth and stability of airline business in Nigeria. Managing...

Dangote urges deepening of African economy through free trade

Foremost businessman, Aliko Dangote has in London called for conscious efforts at deepening African regional market by African investors and governments to aid rapid...

Exclusive: Oil firms, lenders unsettled over 28 expired oil blocks

The fast approaching general elections in Nigeria are setting serious jitters down the spines of owners and financiers of 28 oil block with expired licenses as they have...

U.S moves to sue Nigeria, others as oil pushes for $100 per barrel

The United States (U.S.) is fretting over possible $100 per barrel prices for crude oil, Nigeria’s biggest revenues earner, and on Tuesday, renewed moves to secure...

Why NNPC declared N18.12bn trade surplus in one month

The Nigerian National Petroleum Corporation (NNPC) has given details of the N181.12 billion trade surplus, which it declared for just one month. The N960 million...

NNPC

Nigeria raked in $416m from oil, gas exports sale in June

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher...

Just in: CBN injects $210m into forex market

The Central bank of Nigeria (CBN) has injected $210 million into the interbank foreign exchange market. This came as the apex bank seeks to boost liquidity and alleviate...

Osinbajo attends Micro, Small & Medium Enterprises (MSME) clinics in Enugu

Vice President Yemi Osinbajo, SAN visits Enugu State, where he attends the 19th edition of the Nationwide Micro, Small & Medium Enterprises (MSME) clinics. He...

Access Bank, Microsoft partner to improve banking security in Africa

Access Bank Nigeria has partnered with global technology giant, Microsoft to improve security and banking experience for customers in Nigeria and Africa, as both...