
NNPC incurred N473bn loss operating 3 moribund refineries – Report The Nigerian National Petroleum Corporation incurred a loss of N473.3 billion in operating moribund...

Gas pipeline code propels $500m investment proposal one year after launch Investors have proposed to spend over $500 million in building gas pipelines and...

Gov Diri onboard as United Airlines begins Bayelsa airport commercial flights An aircraft operated by the United Nigeria Airlines landed at the Bayelsa State...

Cryptocurrency Heist: Investors lose $600m to hackers A firm specializing in transferring cryptocurrency said Tuesday that hackers cracked its security, making off with a...

Naira falls to N515/$ as forex scarcity bites harder The naira pared some of its recent gains against the dollar at the parallel market on...

FEC approves $11bn for Lagos-Calabar coastal rail, $1.48bn refineries’ repairs The Federal Executive Council on Wednesday approved $1.48bn for the rehabilitation of two refineries...

NNPC gets FEC approval to hold 20% stake in Dangote Refinery The Nigerian National Petroleum Corporation (NNPC) has been given the approval to acquire...

FG unveils advisers for $6.2bn fresh foreign borrowing The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in...

FirstBank backs 120,000-ton rice mill expansion First Bank of Nigeria has affirmed its support for the expansion plans of WACOT Limited, a subsidiary of...

UAE lifts ban on Nigerian transit passengers, others Transit flights banned into the United Arab Emirates (UAE) from Nigeria, India, Pakistan, Sri Lanka, Nepal...

Transcorp leaps half-year profit by 713% Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant...

NGX and other African securities exchanges advance cross-border trading Cross-border trading from one African securities exchange to another comes a step closer, after the...

More youth emigrating to escape poverty as unemployment bites in Nigeria – World Bank The World Bank affirmed that Nigeria is currently going through...

ICAO reveals how African aviation industry can flourish Africa has 731 airports and 419 airlines with an aviation industry that supports around 6.9 million...

Planting initiative to hire 1,000 adults to boost rice cultivation A new rice planting initiative (wet season) capable of engaging 1,000 women and youths...

Total Oil exits red zone to post N8bn profit in six months Total Oil Plc has posted a profit after tax of N8.065 billion...

Local bourse reclaims N20trn stand after N330bn gain Equities transaction on the floor of the Nigerian Exchange Limited (NGX) sustained its positive outlook on...

REVEALED: Why power supply was poor on Salah Day Nigerians in various regions of the country experienced epileptic power supply on Tuesday amid Eid-el-Kabir celebration,...

Nigeria to share in 400000bpd oil raise agreement by OPEC Nigeria is to ramp up crude oil production following the agreement reached by members...

SEC Nigeria reaches compromise with Oando Plc after four-years in court After over 48 months of long-drawn battle, the managements of both Securities and...