Total Pulls Out Of $1Billion Gas Deal
French energy giant Total is preparing to pull out of a billion dollar gas project in Iran in the face of renewed US sanctions. Total said it will unwind operations by November unless sanctions are...
View ArticlePolice Reply Saraki, Says Allegation Is Misleading, May Obstruct Justice
Nigeria Police Force yesterday replied after Senate President Bukola Saraki raised an alarm over an alleged plot by the Inspector General of Police (IGP) Ibrahim Idris to implicate him and the Governor...
View ArticleNigerian Senate Passes 2018 Budget of N9.12 Trillion
The Nigeria Senate on Yesterday passed the 2018 Budget of N9.12 trillion sent by President Muhammadu Buhari in November, 2017. President Buhari had earlier presented the budget of N8.612 trillion to...
View ArticleMinister calls for prompt approval of FDP to attract investments in oil, gas...
Dr Ibe Kachikwu, the Ministerf of State, Petroleum Resources on Thursday said that prompt approval of Field Development Plan (FDP) by Federal Government would attract huge investments in the oil and...
View ArticlePhoto News: NCRIB AT BIBA Conference
(Sitting L-R): Honorary Treasurer of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs Ekeoma Ezeibe; Deputy President, Mrs Bola Onigbogi; (Standing L-R), Executive Secretary, NCRIB,...
View ArticlePan-African Bank Ecobank Wins Best Digital Strategy Award
Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise in Africa Ecobank won the Best...
View ArticleVolkswagen Pulls Out Of Paris Auto
Volkswagen brand will skip the Paris auto show this year, the company said on Thursday, becoming the latest and most prominent carmaker to ditch the biennial industry gathering in the French capital....
View ArticleLNG Bunkering Hub Underway In Oman
French energy major Total is looking to develop a liquefied natural gas (LNG) bunkering hub in Oman under a recently signed Memorandum of Understanding (MoU). The company said it would use its equity...
View ArticleNNPC, Others Under Pay FG By N526 Billion, $21 Billion-KPMG
An audit report by KPMG has revealed that between January 2010 to June 2015, NNPC and other Revenue Generating Agencies underpaid the federation to the tune of N526B and $21B. The report which was...
View ArticleCCNN Plc Completes Sokoto Plant Expansion
May 17, 2018/Vetiva Research Expansion completed, capacity now up to 2 million MT CCNN recently announced that it would be commissioning a new production line with an annual capacity of 1.5 million MT,...
View ArticleUBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket...
Emeke Iweriebor, Regional CEO, East and Southern Africa, UBA Plc and MD-CEO, UBA Kenya Limited, Isaac Mwige at the Press Conference organised by the Bank in Nairobi on Thursday. May 17, 2018/UBA Plc...
View ArticleN269.79 Billion Generated as VAT in Q1 2018-NBS
Sectoral distribution of Value Added Tax (VAT) data for Q1 2018 reflected that the sum of N269.79bn was generated as VAT in Q1 2018 as against N254.10bn generated in Q4 2017 and N221.38bn in Q1 2017...
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LPG Marketers Raise Alarm Over 15% Price Hike
BY MATTEW ORJI—-The Nigerian Association of Liquefied Petroleum Gas Marketers have frowned at over 15 per cent increase in the price of Liquefied Petroleum Gas. This is coming on the heels of of the...
View ArticlePhoto News: Faces Of WAICA Re Delegates To 45th AIO Conference
Mr. Abiola Ezekiel Ekundayo, Managing Director of WAICA Reinsurance Corporation Plc ( 3rd left) with other members of staffs of WAICA Re at the 45th AIO Conference held in Accra, Ghana.
View ArticleWe will take decision on fuel subsidy, queries payment of N800bn – Gov. Yari
The Chairman of Governors’ Forum, Gov. Abdulazeez Yari of Zamfara says the National Economic Council (NEC) will soon take decision on whether to allow the continuation of payment of petroleum subsidy...
View ArticleBET 2018 award: Tiwa Savage , Davido make list
Ace Nigerian singers, Tiwa Savage and Davido, have been nominated for the Best International Act Music category of the 2018 edition of the prestigious Black Entertainment Television (BET) Awards....
View Article25,000 women supported by Dangote Foundation in Niger
No fewer than 25, 000 vulnerable women in Niger have been supported with a micro grant, totaling N250 million courtesy of the Aliko Dangote Foundation. Alhaji Aliko Dangote, Chairman and Chief...
View ArticleAnambra Begins Enforcement If Total Ban On Street trading
The enforcement of total ban on street trading in urban and semi urban areas has begun in Anambra State. The enforcement started with the pulling down of what it called illegal structures creating...
View ArticleLCCI wants re-enactment of CAMA to enhance investments, job creation
The Lagos Chamber of Commerce and Industry (LCCI) has called for the passage of the bill that re-enacted the Companies and Allied Matters Act (CAMA) by the Senate to boost investments and job creation...
View ArticleCourt adjourns FG’s $69m oil revenue suit against Chevron until Sept. 26
A Federal High Court in Lagos has adjourned the Federal Government’s $69m oil revenue suit against Chevron Petroleum Nigeria Ltd until Sept. 26. The FG filed the suit against Chevron Nigeria Ltd and...
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