PORT HARCOURT – Nigeria’s crude oil export has suffered a major setback as Shell Petroleum Development Company of Nigeria (SPDC) on Wednesday shut the Trans-Niger Pipeline...
ABUJA – The Federal Airports Authority of Nigeria (FAAN) has designated 13 airports across the nation as perishable cargo terminals. The General Manager, FAAN, Yakubu Dati,...
GOMBE – About 1,000 former employees of the defunct Bank of the North that was acquired by Unity Bank Plc during the 2005 consolidation exercise, have...
ABUJA – Arik Air Nigeria has signed a firm contract with Bombardier Aerospace to acquire three CRJ1000 and four Q400 Next Generation turboprop airliners with the...
ABUJA – The Federal Inland Revenue Service (FIRS) is to commence implementation of automated Value Added Tax (VAT) and Withholding Tax deductions at source for the...
LAGOS – Central Bank of Nigeria, CBN, has extended by eight months the deadline for banks and other financial institutions to comply with Know-Your-Customer, KYC, requirements....
PORT HARCOURT – Oil company Shell will resume talks next week in London with lawyers representing 15,000 of the poorest people in the world who are...
ABUJA – Following successful completion of the 10 power plants by the Niger Delta Power Holding Company (NDPHC) under the National Independent Power Plants (NIPPs) scheme,...
ABUJA – Nigeria approved a $2.9 billion “concession and development” plan to expand the Onne Port, near the southern oil hub of Port Harcourt to improve...
LONDON – Nigeria’s Finance Minister, Dr Ngozi Okonjo-Iweala is to lead the country’s $1 billion Eurobond road show which commences today. The time table of the...