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The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean Consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mr Mele…

The Nigerian House of Representatives has called on the Management of all Companies with Oil Facilities along the Coastal areas of Bayelsa state to immediately contain and stop the Oil leakages from their Facilities at BEINGHENTORU RIVER…

The Nigeria Customs Service is training officers on Harmonised System (HS) coding and customs laboratories to improve duty collection and enhance service efficiency. Comptroller-General of Customs, Bashir Adewale Adeniyi, made this…

The Central Bank of Nigeria (CBN) has concluded the payment of all verified claims by airlines with an additional $64.44 million to the concerned airlines. Confirming the payment, Acting Director of Corporate Communications, CBN,…

The total assets under the Contributory Pension Scheme reached N18.36tn by the end of 2023, according to data from the National Pension Commission. PenCom’s ‘Unaudited report on pension funds industry portfolio for the period ended…

The Federal Government of Nigeria has inaugurated a Conditional Grant Scheme (CGS) for micro, small and medium scale enterprises in Osun State. Minister of Marine and Blue Economy, Adegboyega Oyetola who performed the flag off on…

The Nigerian equities market started the new week on a bullish note as the All-Share Index, ASI surged by 2.22% to reach 104,674.67 basis points. Although the bulls and the bears struggled for market…

In its determination to address the backlog of verified foreign exchange transactions, the Central Bank of Nigeria (CBN) has released US$500 million to various sectors. This comes barely a week after the Bank paid approximately US $2.0…

The Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh, has pledged the agency’s support to the smooth operation of Dangote port and refinery by implementing the regulatory instrument under the…

John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the next five years, local media reported. A minimum of 10% of the staff-owned business's workforce could be affected across…