In a significant move to bolster Nigeria’s position in the global economy, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale… Read More »Edun champions global economic stability, sustainable development at G20 Summit
BY SAM OTUONYE Mr Emmanuel Okpanachi, an investment expert and the Managing Director/Chief Executive Officer, Dignity Finance and Investment Ltd., has decried the rate… Read More »Economy: It’s only in Nigeria CRR is as high as 50% – Okpanachi
BY AKUDORO GLORIA French Ambassador to Nigeria, HE Marc Fonbaustier has reaffirmed his nation’s commitment to remain Nigeria’s formidable ally in developing the solid minerals… Read More »Solid minerals: France remains Nigeria’s formidable ally, says French Ambassador
About 43 oil firms and facilities are facing investigations over N9.4 trillion debt not remitted to federation account. Nigeria’s House of Representatives, through its Committee… Read More »N9.4trn debt: Oando, Chevron, Mobil, Shell, others under investigation
… Nigeria absent on the list …South Africa, Cote D’Ivoire top the chart BY SAM OTUONYE Oil-producing African countries have increased their crude production quota, now… Read More »Africa accounts for 35% of newly discovered oil – Report
BY SAM OTUONYE Nigeria Inter-Bank Settlement System (NIBSS) has exposed a new fraud trend ravaging the banking sector in Nigeria. In its latest report, NIBSS… Read More »Bank fraud: Over N1bn stolen through BVN registered for minors – NIBSS
BY SAM OTUONYE Seplat Energy Plc, a leading Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has… Read More »Seplat Energy’s Acquisition Deal Gets Industry Recognition at NIES
BY SAM OTUONYE The Nigerian media were awashed with news and screaming headlines of a looming fuel scarcity early in the week, owing to N100… Read More »Looming fuel scarcity: IPMAN suspends action amid reconciliatory deal
The Meta CEO, Mark Zuckerberg, has announced his vision for the next major shift in technology—smart glasses—which he believes will replace smartphones as the primary… Read More »Zuckerberg introduces smart glasses, threatens smart phones
…leads the charge towards Africa’s gas infrastructure expansion at NIES 2025 The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited Tuesday,… Read More »NNPC Shipping, Stena Bulk, Caverton partner to boost maritime sector
BY SAM OTUONYE The Securities and Exchange Commission (SEC) has said the Commission has reduced time to market in its bid to ensure that… Read More »Capital Market: We have reduced the time to market from over a year to fourteen days – SEC DG boasts
…as Nigeria, Belgium partner to boost food security The Federal Government’s efforts to strengthen Nigeria’s economy and promote inclusive growth took a significant step… Read More »Finance Minister advocates tax reforms to strengthen economy
Vice President Kashim Shettima has emphasised the crucial role of local enterprises in ensuring Nigeria’s economic sustainability, asserting that strong support for small and medium-sized… Read More »SME backbone of a sustainable economy – VP Shettima
BY SAM OTUONYE The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency… Read More »Naira crude sale reduces FX risks, transaction costs – Tinubu
BY GLORIA AKUDORO Transcorp Power Plc is a subsidiary of Transnational Corporation Plc has declared a revenue growth of 115 per cent in 2024, amounting… Read More »Transcorp power declares 115% revenue growth, N80bn profit for 2024
BY SAM OTUONYE The Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Mele Kyari, has said that investors are returning to Nigeria because… Read More »Investors are getting their returns on oil and gas – Kyari
BY SAM OTUONYE Nigeria’s Gross Domestic Product grew by 3.84 per cent in real terms in the fourth quarter of 2024, reflecting an improvement from… Read More »Nigeria’s GDP expanded by 3.84% in Q4 2024 – NBS
The advantages of compressed natural gas-powered cars over high-end motor spirits and gasoline have been emphasized by Nigerians. Speaking on Monday, some Abuja residents said… Read More »Nigerians highlight benefits of CNG, “We save over N36,000 weekly”