ABUJA-Nigeria’s House of Representatives has rejected a proposal requiring the Central Bank of Nigeria to pay N50bn yearly into the Resolution Cost Fund. The Fund was created...
On Wednesday 15th of October, financial journalists anxiously awaited a statement or announcement from the Asset Management Corporation of Nigeria (AMCON) concerning the sale of Enterprise...
LAGOS-US car safety regulators have expanded a recall of vehicles with potentially dangerous Takata airbags to 7.8 million. The National Highway Traffic Safety Administration (NHTSA) warned...
The Cross River State Government has sealed the premises of the Pipeline Products and Marketing Company (PPMC) for its alleged tax indebtedness to the state amounting...
…Urged to Develop alternative power supply Nigerians spend about N796.4 billion annually on petrol and diesel to fuel their electric generators in order generate their own...
LAGOS State Governor, Babatunde Fashola, yesterday, gave a breakdown of how his administration expended the N160 billion World Bank loan it acquired, saying the state maintained...
LAGOS-Maritime Workers Union of Nigeria (MWUN) Tuesday urged the federal government to jettison its plan to designate INTELS Terminal located in Onne, Port Harcourt a National...
CALABAR-The Flag Officer Commanding (FOC) Eastern Naval Command, Rear Admiral Charles Obiora-Medani, has disclosed that Nigeria now loses 800,000 barrels of crude oil monthly to thieves...
LAGOS-FRENCH Oil giant Total has named the executives to replace Christophe de Margerie, the executive chairman who died in a plane crash in Moscow on Monday....
LAGOS-The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth. The U.S. benchmark price dropped to $79.78 a...
