IOCs, Government To Invest N1.7tr In Niger Delta  

The Ministry of Petroleum Resources has said that about N1.7 trillion will be invested in Niger Delta by the Federal Government, International Oil Companies...

Gas: Nigeria Produces 3.054trn Cubic Feet In A Year  

The Nigeria’s gas production from January 2017 to January 2018 has reached 3.054.33 trillion cubic feet (tcf), representing an average daily production of 7.709.89...

Stock Market’s N17b Loss, Flourmills, Others Lead  

Trading on the equity sector of the Nigerian Stock Exchange (NSE) reopened on a downward note yesterday, following price losses by some blue chip...

IMF Doubts Nigeria’s Capacity to Repay Debts  

The International Monetary Fund(IMF) has expressed concern over Nigeria’s capacity to repay its debts and stressed the need for the Federal Government to mobilize...

Malabu scam: Shell, Eni’s trial adjourned to June

The trial of top executives from two oil majors, Eni and Shell, over alleged corruption in Nigeria started on Monday with a brief procedural...

NSE sheds N125bn on continuing bearish trading

The equities market capitalisation went down by N124.9 billion yesterday as bearish trading continued on the Nigerian bourse. The market had shed 0.48 per...

NNPC issues two-year crude lifting contracts to traders

The Nigerian National Petroleum Corporation has issued crude export contracts that are expected to last two years instead of the usual one year, according...

BAD BUSINESS: Eight Nigerian airports recorded less than 1000 flights in 2017

A recent report released by the Nigeria Civil Aviation Authority shows that eight of the 27 airports in the country recorded less than 1000...

FIRSTBANK INTRODUCES CONTACTLESS NAIRA MASTERCARD

FirstBank of Nigeria Limited has announced the introduction of a contactless naira MasterCard to its array of debit cards. The move, according to the bank,...

Savers contribute N300bn to income of Nigerian banks annually, says ex-AMCON boss

Kola Ayeye, former executive chairman of the Asset Management Corporation of Nigeria (AMCON), says savers contribute N300 billion to the income of Nigerian banks...

World News

Man Stabs Nurse Repeatedly With Knife After Being Refused Medication. Photos

A nurse was repeatedly stabbed in the arm by a Saudi man – who became enraged after being refused medication. Rolando Mina, 29, had...

Ebola patients slip out of Congo hospital to church

Three patients infected with the Ebola virus slipped out of an isolation ward at a hospital in the Congolese city of Mbandaka, health officials...

Trump can’t block his critics on Twitter – judge rules

President Donald Trump violated the US constitution by blocking Twitter users who disagree with him, a federal judge ruled Wednesday in a case closely...