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14 companies bid for OML 119 – NNPC
The Nigerian National Petroleum Corporation (NNPC) says it has publicly opened bids from 14 companies for the financing and…
U.S. cuts trade ties with Cameroon over alleged violation of human rights
U.S. President Donald Trump on Thursday said he would end Cameroon’s preferential trade benefits from Jan. 1, citing what he…
NAICOM approves recapitalisation plans of 44 firms
The National Insurance Commission ( NAICOM) on Tuesday in Lagos granted no objection to 44 insurance companies to proceed with…
FG presents Tax Credit Certificates to Dangote Cement, NLNG
Federal government on Tuesday handed over the first batch of tax credit certificates to the managements of Dangote Cement plc and…
We need N100bn to revive cotton, textile, garment sub-sector – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says more than N100 billion is needed to revive Cotton,…
SEC sets deadline for approval of nominee accounts
The Securities and Exchange Commission (SEC) has directed Capital Market Operators (CMOs) in Nigeria to obtain a one-off approval…
FIRS Headquarters guts fire
A fire incident occurred at the headquarters of the Federal Inland Revenue Service in Abuja on Saturday, officials said.
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Banks’ credit to private sector hits N25.47tn in September
Banking sector’s credit to private sector rose to N25.47tn in September, setting a new record for the year, a new report by the…
Nigeria rules out Eurobonds sale, insists on domestic borrowing to fund…
The Debt Management Office (DMO) has disclosed that the Nigerian government will not consider going to the international debt…
Microsoft edges Amazon to land Pentagon’s $10b cloud computing contract
Microsoft has won the $10 billion JEDI cloud computing contract, edging out rival Amazon, Pentagon announced on Friday.
“The…