Oil marketers have urged the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Ports…
Category: Business/Economy
Italian court rejects Nigeria’s request for $1bn penalty against Eni, Shell
* IOCs hail judgment An appeals court in Milan, Italy, on Friday, rejected Nigeria’s $1.092 billion…
Lagos top politician expresses dismay over Soludo’s remarks on Peter Obi
A former governorship candidate of the African Democratic Party (ADP) in Lagos State, Babatunde Gbadamosi has…
Soludo debunks Obi’s touted Anambra investments
Anambra State governor, Professor Chukwuma Soludo, has said that the investments made by Peter Obi, the…
Naira rebounds against US dollar, gains 20.8% in exchange value
The Naira made a massive rebound against the US dollar gaining about 20.8% at the parallel…
NNPC boss Kyari favours hike in petrol pump price
The Group Managing Director of Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, is opposed to…
AMCON blacklists bad debtors, barred from doing govt contracts
An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation…
NUPRC confirms crude oil output above one million bpd
* Despite losses in Forcados, Bonny, 11 other terminals For the first time since July 2022,…
Dollar loses N100, exchanges for N800
The Naira and dollar exchange rate dropped by N100 in the black market on Wednesday, indicating…
Nigeria’s public debt hits N42.84tr
Nigeria’s public debt stock rose from N35.46 trillion ($86.57billion) in the second quarter of 2021 to…