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NNPC loses N20b in one month due to attacks by Niger...
Dr-Maikanti-Baru-NNPC Managing Director
The Nigerian National Petroleum Corporation, NNPC, has disclosed that it lost N20 billion in April due to attacks on Forcados Export Line...
Nigerians’ll start seeing budget impact from July – FG
Udo Udoma, minister of budget and planning, says Nigerians will start feeling the impact of the 2016 budget from the third quarter of the...
FG plans to put up to $1.7 billion into capital projects...
The Federal government will next week pump much of the 350 billion naira ($1.76 billion) earmarked for capital projects this quarter into Africa's biggest...
Building stronger economic ties between France and Nigeria
African businessman and philanthropist Tony O. Elumelu, CON, was recently in Paris on the invitation of the French Senate. he was a speaker on...
Dangote Group buys “substantial” stake in Afreximbank
Afreximbank announced Wednesday that Dangote Group, Africa’s leading indigenous conglomerate, with footprints in 17 countries, has become the latest entity to join the African...
Petroleum Industry Bill falls on deaf ears again
The Petroleum Industry Bill (PIB), An Act to establish the legal and regulatory framework, institutions and regulatory authorities for the Nigerian petroleum industry, suffered...
TCN contract with Manitoba stays as legislators bicker
House of Representatives, for the second time within this week, stepped down the report that seeks to terminate the contract of the management of...
Access Bank Inflation forecast at 14.7% as price pressure builds
(ACCESS BANK, NIGERIA) The National Bureau of Statistics (NBS) is scheduled to release the inflation figure for May 2016 on June 18, based on...
AfDB approves $150mn credit line to United Bank for Africa Plc
(AfDB)The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a USD 150-million line of credit...
Buhari’s integrity aiding recovery of stolen funds – Group
The Buhari Media Support Group (BMSG), a Non-Governmental Organisation (NGO), on Wednesday said President Muhammadu Buhari's integrity accounted for ongoing recovering of the nation’s...
