Nigeria ready to become net fuel exporter by December – Kyari
The Group Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said that based on new signs in the…
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Nigeria lost $1.84b fuel to theft in nine years – NEITI
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Dr Ogbonnaya Orji, has revealed that in nine years, the nation lost…
FG launch probe into alleged land-grabbing by Agip, Shell
The Federal Government has launched a probe into complaints by the oil-producing communities in Bayelsa State over land grabbing by international oil…
Zenith Bank to generate N1tn profit in 2024, says MD/CEO
Zenith Bank’s Group Managing Director/Chief Executive Officer, Dr Adaora Umeoji, has stated that the bank is expected to generate more than N1…
Dangote Group plans $30bn revenue to boost naira
The President of Dangote Group, Aliko Dangote, has said that the $30bn revenue the company plans to generate by 2025 ending will…
UAE lift visa sanction on Nigerians
The Federal Government has negotiated an agreement with the United Arab Emirates (UAE) that will allow Nigerian passport holders to get visas…
Infinity Mortgage Bank appoints acting managing director/CEO
Infinity Trust Mortgage Bank Plc’s Board of Directors has announced Mrs Ngozi Chukwu’s appointment as Acting Managing Director/Chief Executive Officer. This was…
Forex scarcity forced pharmaceutical giants out of Nigeria – Manufacturers
The Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria has expressed concerns about Nigeria’s foreign exchange scarcity, claiming that pharmaceutical industries…
IOCs not unwilling to sell oil to Dangote, says NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has said that International Oil Companies (IOCs) did not refuse to sell crude oil to the…
Abia partners FG for airport, road construction
Governor Alex Otti of Abia State has officially confirmed the state’s collaboration with the Federal Government on two significant infrastructure initiatives: the…
Nigeria seeks investors to replace aging satellite
Alex Omenye The Nigerian Communications Satellite Limited has initiated plans to replace the country’s aging satellite, NIGCOMSAT-1R, which is nearing the end…
Miners warn FG’s rate hike could drive them out of business
The Miners Association of Nigeria has strongly criticized the federal government’s recent increase in mining rates and royalties for solid minerals, warning…