The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced search rescue operations for the abducted 12 crew members onboard MV GLARUS owned by ALLISON Shipping...
Many high-profile consumer technology items such as “smart” watches and speakers were spared by the U.S. tariffs that hit some $200 billion worth of Chinese products....
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured of the Agency’s commitment to ensuring that all beneficiaries...
Today, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index 0.3% lower to close at 32,451.27 points. As a result, market...
Brent crude oil price rose to $80.56 and major oil trading houses are predicting the return of $100 crude for the first time since 2014 as...
Hyde Limited, a global oil and commodities trading company and producer of premium lubricants in Nigeria, has launched a new retail station in Egbeda, Lagos. This...
The National Bureau of Statistics (NBS) says the country’s foreign debt stands at 22.08 billion dollars and the domestic debt N3.48 trillion. The bureau disclosed this...
The Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5 million dollars and Eight billion Naira in any commercial bank as alleged by the...
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that...
The Central Bank of Nigeria CBN has revoked the operational license of ailing Skye Bank Plc and set up a bridge bank called Polaris. CBN Governor...
An Italian judge sentenced two defendants in a Nigerian corruption case to jail in the first ruling on one of the oil industry’s biggest graft scandals....
More than 1,000 contractors are participating in the bids for 12 projects advertised by the Nigerian Railway Corporation (NRC). The corporation has opened the bids to...
In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by 33bps to 32,480.89 points....
About 43 foreign companies have so far indicated interest to participate at the 13th Abuja International Trade Fair slated for Sept. 26 to Oct. 7. Mrs...
The National Bureau of Statistics has resolved to conduct the Nigeria Living Standard Survey (NLSS) next week. The Statistician General of the Federation, Mr Yemi Kale,...