Browsing Category
Business
No plans to shut down gas plant for maintenance in 2024 – NLNG
The Nigeria Liquefied Natural Gas (NLNG) Ltd has denied reports that it plans to shut down its six-train plant for maintenance…
Dangote refinery get licence to refine 300,000bpd crude
Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian…
Customs increases forex rate for tariffs, duties
The Nigerian Customs Service (NCS) has adjusted the foreign exchange rate for its tariffs and duties.
The new rates were…
Saudi Govt vows to invest in Nigeria’s Refineries, support CBN – FG
The Saudi Arabian government has promised to invest in the revamping of Nigeria’s refineries, according to the Minister of…
How NDIC paid N1.39bn to depositors of failed banks
The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.39 billion to 36,163 depositors of 110 closed Microfinance Banks…
MTN raises N52.89 billion in commercial papers
MTN Nigeria has generated N52.89 billion through the issue of Series 8 and 9 Commercial Papers under its N250 billion Commercial…
FG loses N793.3trn every year to dependence on foreign ship –…
The Federal Government (FG) is losing about N793.3 trillion ($1 trillion) to dependence on foreign ship owners for the shipment of…
Ajaero: Aviation Unions blacklist Imo flights across the Country
On Wednesday, aviation unions in Nigeria urged their members to cancel all public and private Owerri flights (both inward and…
Nigeria lost N4.3tn to oil theft in five years – FG
The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases…
CBN Gov, Cardoso vows to combat inflation
The governor of Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso, has said the bank, under his leadership, was determined to make…