The Management of Okomu palm oil company has said that in spite of infrastructure deficit, processed palm oil could become Nigeria’s main foreigner [...]

Nigeria’s precious meal, rice, is becoming more affordable as the price of the product dropped in April by an appreciable margin. The report [...]

At an auction on Wednesday, the federal government raised N110 billion worth of bonds to mature in 2021, 2027 and 2037. The bond [...]

Nasarawa state government on Tuesday signed a Memorandum of Understanding (MoU) with a Chinese company, BEIDOU Automatic Equipment company for the procurement of [...]

The South East Governors’ Forum has constituted economic team that will be saddled with the responsibility of fashioning economic policies for the zone. [...]

The State Security Service (SSS) has arrested the managing director of Capital Oil and Gas Limited, Ifeanyi Ubah, over alleged “economic sabotage”. It [...]

The Nigerian Ports Authority (NPA) has acquired four 60-tonne buller- pull tug boats with state-of-the-art equipment and fully computerised engines, to boost efficiency [...]

President Muhammadu Buhari on Wednesday requested the Senate to urgently consider and approve Federal Government’s 2016-2018 External Borrowing Rolling Plan of  $6.93 billion. The [...]

The Sokoto Area Command of the Nigeria Customs Service (NCS), said it collected over N 2.4 billion as revenue between January, 2016 and [...]

Thirty three ships laden with petroleum products, food items and other goods are expected to arrive Apapa and Tin-Can Island Ports in Lagos [...]

 China’s Foreign Ministry on Wednesday said Interpol had issued a notice for the provisional arrest of exiled billionaire Guo Wengui. Ministry spokesman Lu [...]

The Conference of Africa Ministers of Tourism has unanimously endorsed Nigeria to host the 61st meeting of the United Nations World Tourism Organisation [...]

The naira firmed up against the dollar at the parallel market on Tuesday, closing at N398 to the dollar. The News Agency of [...]

Electricity distribution companies (DISCOS) are kicking against the Federal Government’s plan to centralise their revenue accounts. The decision is being taken by the [...]

The Liquefied Petroleum Group (LPG), Lagos Chamber of Commerce and Industry (LCCI), on Friday in Lagos, donated 50 8.3kg gas cylinders free to [...]

The Eko Electricity Distribution Plc (EKEDC) says it will ensure uninterrupted power supply throughout the Easter period in the zone. To this end, [...]

The Receiver Manager of Arik Air, Mr Oluseye Opasanya, has said the embattled airline was indebted to its trade and finance creditors to [...]

The Nigerian National Petroleum Corporation (NNPC) will commercialise some of its critical Information Communications & Technology (ICT) infrastructure in line with its bid [...]

Senate Committee on Industry, on Wednesday, expressed disappointment over the present state of the 23 Industrial Development Centres (IDCs) across the country. According to [...]

The Federal Government says it has provided N500 billion to resuscitate the Federal Mortgage Bank of Nigeria  to make mortgage facilities easily available [...]

The Central Bank of Nigeria (CBN) has  auctioned $418 million  at a marginal rate of N310 to a dollar, to airlines, agriculture, petroleum [...]

The Nigerian Union of Pensioners (NUP) has said that the N54 billion released to cleared pension liabilities to the Contributory Pension Scheme (CPS) [...]

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has said its Petroleum Tanker Drivers had been mobilised to ensure no movement [...]

The Nigerian Content Development and Monitoring Board (NCDMB) says that Nigerians need no less than three million Liquefied Petroleum Gas (LPG) also, known [...]

The Ijaw Professionals Association (IPA) has called on affected oil companies in Nigeria to commence without further delay the process of relocating their [...]