Deal to boost Nigeria’s oil production in for 700,000bp The Nigerian National Petroleum Company (NNPC) Limited has announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimit ...

The federal government has secured a $500 million loan from the World Bank to address the identified gaps in Nigeria’s Electricity Distribution Companies (DisCos). The funding supports the Nigerian Distribution Sector Recovery Programme aimed at i ...

Nigeria is set to lead other African nations towards harnessing gas and other cleaner and greener energies to drive their industrialisation journey. Nigeria as well as other African countries are  investing in gas infrastructure and promoting its ...

Says 50% revenue deduction crippling commission A non-profit insurance organisation, Transparent Protection Ltd/GTE, has said the management of the National Insurance Commission (NAICOM) should consider urgent reforms including staff rationalisati ...

The foreign exchange (FX) market opened on Monday, with the naira exchanging with the dollar at 1,430 on the parallel market, popularly called black market. This represents 5.49 per cent depreciation against the dollar, when compared with the leve ...

The acting director-general of Securities and Exchange Commission (SEC), Dr. Emomotimi Agama explained that delisting the naira from peer-to-peer (P2P) platforms will tackle the manipulation of the local currency’s value in the foreign exchange marke ...

Nearly two weeks after telecommunications operators issued a statement seeking the approval of the federal government to increase tariffs on their services, the federal government has yet to make any official statement on the matter. The telcos, u ...

The federal government as part of repositioning the Nigerian capital market, announced a new board for the Securities & Exchange Commission (SEC) that include market technocrats, professionals, and stockbrokers who have, over the years, contribut ...

Special assistant to the president on youth initiatives, Titilope Gbadamosi, has called for the adoption of technology especially, the Artificial Intelligence (AI) for empowerment of youths and deepening of democracy in the country. Gbadamosi made ...

Danish shipping company, APM Terminals, Nigeria, yesterday, said it has a plan to invest $500million into the nation’s economy through the maritime sector in the coming years.Recall that there has been controversy after the special adviser to the pre ...