Oil revenue beats solid minerals earning by $393 – FG
The Federal Government have said oil and gas revenues in Nigeria have surpassed earnings from the solid minerals sector by a staggering $392.6 billion. According to The Punch, the…
How port concession will bring $3.7bn investments to Nigeria – ICRC
The Ondo Multi-Purpose Port in Ilaje, Snake Island in Lagos State, and Burutu in Delta will attract $3.7 billion in private sector investments, according to the Nigerian Infrastructure Concession Regulatory Commission.…
FG launches passport front office in Edo
In an endeavor to provide Nigerians with efficient service, the Federal Government has opened a Passport Front Office in Auchi, Edo State. This coincides with the debut of the passport…
Buhari launches NSCDC command, training college in Jos
The NSCDC Command and Training College in Jos, Plateau State, has officially opened under the leadership of The President, Major General Muhammadu Buhari. The Guardian reported that the event happened on…
Resident doctors, FG sign MOU to end strike
The Nigerian Association of Resident Doctors and the Federal Government have reached an agreement, as they signed a Memorandum of Understanding to bring an end to the ongoing strike. A…
FG vows to proceed with cabotage fund distribution
The Federal Government has stated that the Cabotage Vessels Financing Fund disbursement cannot be halted. The Punch reported that according to a release, the minister of transportation, Mu'azu Sambo, said…
Ondo agency hails Akeredolu’s administration over Deep Seaport approval
The Ondo State Development and Investment Promotion Agency has commended the state government and other stakeholders who have contributed to the Federal Government's approval of the deep seaport to be…
FRCN privatization will boost economy, create jobs – FG
The Federal Government has handed over, the Federal Radio Corporation of Nigeria to the Fish Valley Investments and Properties Ltd, in a Public Private Partnership. The Minister of Information…
10 facts about late FCMB founder Subomi Balogun
Nigerians especially the banking sector was thrown into a state of mourning following the death of prominent Nigerian business man and banker, Otunba Subomi Balogun, on Friday. AM Business…
FCMB Founder Otunba Subomi Balogun is dead
He dead on Friday morning at a London hospital after a brief illness. He was 89. Otunba Balogun was a direct descendant of Oba Tunwase of Ijebu-Ode. He…
Dangote refinery: NNPC to supply 300,000 barrels of crude oil daily
The Nigerian National Petroleum Company Limited will supply 300,000 barrels of crude oil per day to the Dangote Refinery, as it begins operations next week. The News Agency of…
How pension assets hit N15.58tn – PenCom
The total pension assets of the National Pension Commission, PenCom, is currently over N15.58 trillion. The Director-General of the commission, Aisha Dahir-Umar, revealed this at a workshop organized for the…