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Shafa, A.A. Rano, Emadeb Energy, Matrix, others get marginal oil field licence

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Indigenous oil firms, A.A. Rano, Shafa Exploration, Emadeb Energy, Matrix Energy, and Vhelblerg Exploration have been awarded licence to prospect marginal oil fields by...
Business

Tanzania: African Development Bank Group signs loan agreements for $140 million to increase power generation

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The African Development Bank Group (www.AfDB.org) and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the...
Business

Alleged N1.5tr fraud: PDP seeks suspension of NIMASA DG’a, EFCC to Investigation

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Following a media report that N1.5 trillion and $9.5 million belonging to the Nigerian Maritime Administration and Safety Agency (NIMASA), were found in a...
Business

Senate approves deployment of 5G network in Nigeria, insists on sensitisation, adherence to global standards

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The Senate has approved the deployment of the 5G network in Nigeria, following the outcome of investigations by a Joint Committee mandated to carry...
Business

Nigeria’s debt may rise to $93b as Buhari wants N’Assembly’s nod to raise $6.1b to finance deficit

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Up, up may go the debt stock of Nigeria to $93 as the Senate on Tuesday received a request from President Muhammadu Buhari to...
Business

NITDA cautions Nigerians on use of WhatsApp, explains Privacy Policy Changes

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After a series of consultations with Facebook on the new privacy policy of WhatsApp, the Federal Government has advised Nigerians to be cautious with...
Business

SERAP writes Buhari, seeks probe of ‘N39.5bn duplicated and mysterious projects’

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Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “direct the Attorney General of the Federation and Minister of Justice Mr...
Business

VAT Increases By N41.7 Billion In Q1 2020- NBS

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Value Added Tax (VAT) increased by N41.7 billion to N496.39 billion in Quarter One  of 2021 as against N454.69 billion generated in Quarter Four of 2020...
Business

Govt documents fly freely to justify Hadiza Bala’s suspension

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Now that the Managing Director and Chief Executive Officer of the Nigerian Ports Authority (NPA), Ms. Hadiza Bala, has hit the ground, with her...
Business

Dangote/Flour Mills/BUA Sugar trade war: Minister reverses self on directive over importation

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BUA SUGAR REFINERY LATEST: TRADE & INDUSTRIES MINISTER ADEBAYO REVERSES EARLIER DIRECTIVE ON SUGAR IMPORTATION FROM FREE TRADE ZONES INTO NIGERIADays after, sending out...
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