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Indications emerged weekend that Afren Plc may be sold in bits as no company has agreed to acquire it because of its current financial crisis. Afren...
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says the conditions for accessing the N220 billion Micro and Small Medium Enterprises (MSMEs) funds are...
Nigerian Banks involved in syndicate financing of Afren Plc’s onshore and offshore activities are at risk of losing $185 million (N31.45 billion) to exposure following doubt...
Investors at the Nigerian Stock Exchange (NSE) on Thursday staked N5.28 billion on 2.87 billion shares traded in 4,014 deals in massive sell pressure. This was...
Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu, on Thursday, canvassed for speedy deregulation of the nation’s oil and gas industry. Kachikwu made...
President Muhammadu Buhari has appointed Dr. William Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service (FIRS). The President Buhari also named Mr....
By Omoh Gabriel Nigeria spent a total of N231.493 billion on importation of petrol, rice, wheat, stockfish, crude palm oil and frozen fish between April and...
Activities at the Nigerian Stock Exchange (NSE) on Wednesday ended on a negative trend with the market capitalisation dropping by N24 billion after a day rally....
President Muhammadu Buhari has approved the dissolution of the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON). He also approved the reconstitution of...
Market indices of the Nigerian Stock Exchange (NSE), Tuesday appreciated by 0.68 per cent, reversing the seventh day downward trend in the stock market. The All-Share...
President Muhammadu Buhari has demanded for a comprehensive report on sale of Nigerian Telecommunications Limited (NITEL), and Nigerian Mobile Telecommunication (Mtel), from the Ministry of Communications...
President Muhammadu Buhari says his administration will gladly reverse or abandon some inherited economic policies, if doing so will lead to the creation of more jobs...
The Comptroller-General of the Nigeria Customs Service (NCS), Alhaji Dikko Abdullahi Inde, says he will proceed on voluntary retirement from August 18. Inde, who confirmed this...
About 60-70% of the investment commitments made by the private sector in the past four years in agriculture in Nigeria have come from domestic investors with...
The Federal Government’s newly rehabilitated rail loop lines linking various oil tank farms at Apapa, Lagos have been overtaken by thick bush, eight months after rehabilitation,...