The ruling Peoples’ Democratic Party(PDP) in Abia State has disclosed that it will commence…
Month: March 2020
Shell reports 41% rise in onshore Nigeria oil spills due to sabotage
Royal Dutch Shell’s (RDSaL) onshore Nigeria subsidiary saw a 41% rise in the number of crude…
Oil dips to $35 as Saudi mulls 13mbpd output
Oil prices fell on Wednesday, shedding gains made on Tuesday, following a statement by Saudi Arabia’s…
NNPC promotes 68 senior managers to fill vacant positions
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has directed…
Anxiety grips forex market as Naira depreciates to N367/$
There are indications that Nigeria’s foreign exchange market has come under severe pressure leading to…
Investors jittery over prospects of Naira crashing to 400/$
The Nigerian stocks sank to a more than four-year low on Wednesday, while bond yield spreads…
Don’t patronize Okada, Keke, Lagos govt urges residents
The Lagos State government has warned residents to stop patronising commercial motorcyclists and tricycle operators plying…
Coronavirus: Dangote loses N240bn in five hours
Africa’s richest man, Alhaji Aliko Dangote lost on Wednesday more than N240 billion in five hours…
Oil price crash: Data suggests no justification for petrol subsidy
Following the consistent decline in crude oil price in the international market, the price of Premium…
Sanusi gets second plum job 48 hours after dethronement
In 48 hours of being deposed as Emir of Kano, Muhammad Sanusi has clinched a second…