The Nigerian National Petroleum Company (NNPC) Limited has secured an injunction from the Federal High Court…
Category: Business/Economy
Energy cost: Our businesses dying, manufacturers cry out
The Manufacturers Association of Nigeria (MAN) has requested the government to review its diesel importation channel,…
Shell threatens to leave Nigeria over crude oil theft, vandalism of assets
Shell Petroleum Development Company of Nigeria (SPDC) Limited, on Friday, threatened to leave the country over…
FG targets more external loans to finance infrastructure
The Federal government disclosed on Thursday that it would continue with external borrowings and draw downs…
Soludo shrugs off budget padding allegation
* Asks critics to be more creative Anambra State governor, Prof Chukwuma Soludo, has dismissed allegations…
Naira exchange rate hits N614/$1 at parallel market
The Naira appreciated against the United States Dollar by 0.52 per cent or N2.25 in the…
Flight delays likely as FAAN shuts Lagos MMA runway for 90 days
The Federal Airports Authority of Nigeria, (FAAN) has said it would shut down the domestic airport…
Oil price crashes amid recession fears
The price of Brent crude oil has dropped to $99.78 amidst fears of possible global economic…
Debt to rise as FG targets N720bn from bonds in Q3
The Federal government plans to raise N720 billion from the bond market in the third quarter…
FG mulls power sector restructuring as Fidelity Bank takes over 3 DisCos
The Federal government has announced plans to restructure the country’s power sector. The plans were contained…