By Omoh Gabriel Nigerians penchant for foreign goods dropped by 43 per cent in 2012 according to figures released by National Bureau of Statistics yesterday. The...
The rate at which the Nigerian government plans to convert its dollar earnings from oil in 2013 will be N160 to the dollar. This is one...
Royal Dutch Shell declared force majeure on the Nigerian Bonny Light crude oil grade due to a leak on a pipeline, a day after warning it...
Transactions on the Nigerian Stock Exchange (NSE) ended on a negative note on Tuesday as many blue chips recorded price depreciation.. The market capitalisation dipped by...
The Economic and Financial Crimes Commission (EFCC) has re-arraigned an Indian businessman, Ashok Isran, over an N850 million fraud. Isran was re- arraigned alongside his company,...
The Imo House of Assembly has passed a supplementary budget of 30.4 billion for 2012 fiscal year. The house passed the budget in Owerri on Tuesday...
No fewer than 10,000 job seekers have applied for employment in the ongoing recruitment exercise into Oyo State health institutions. Alhaji Olaide Abass, Chairman of the...
The Petroleum Industry Bill (PIB) generated strong debates in the Senate in Abuja on Monday with majority of the Northern senators demanding a review of the...
Nigeria is still blacklisted by the Financial Action Task Force (FATF) despite enacting the Terrorism (Prevention) (Amendment) Act 2013, the Inter Governmental Action Group against Money...
Nigeria Liquefied Natural Gas Company (NLNG) has appointed France’s BNP Paribas and GT Bank to help raise around $1.6 billion for six LNG carrier ships, a...
The Senate in Abuja has reaffirmed its support for a constitutional amendment to enhance the capacity of the Office of the Auditor-General at the federal and...
The Nigerian Stock Exchange Market indices appreciated further by 1.12 per cent on Wednesday as some highly capitalised companies recording price gains. The All-share index appreciated...
The Nigeria Customs Service (NCS), Murutala Muhammed Airport Command intercepted a Nigerian professor carrying one million dollars on his way to Kenya, an official said on...
The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, on Tuesday said government would reduce gas flaring from 11 per cent to two per cent in 2014....
The Federal Government on Tuesday, unveiled plans to derive over 50 per cent of its foreign exchange earnings from agro-industrial exports by 2020. The plans are...