Category: News

NOSDRA, Aiteo probe fresh Bayelsa oil spill

Aiteo Eastern Exploration and Production Company, which operates the NNPC/Aiteo Joint Venture on OML 29,...

Carbon shuts down debit card operations in Nigeria

Nigerian fintech company Carbon has announced the termination of its debit card operations in Nigeria,...

Price of of cooking gas rose by 13.75% in May 2024

The average retail price of a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) increased...

Binance exec Gambaryan seeks compensation for detention in Nigeria

A senior executive at Binance, Tigran Gambaryan, has petitioned the Federal High Court in Abuja...

Ramaphosa pledges to strengthen trade partnership with Nigeria

South African President Cyril Ramaphosa has reaffirmed his commitment to maintaining a strategic partnership with...

Customs revenue rises by 74%, hits N4.5tn in one-year

The Nigeria Customs Service stated on Wednesday that its revenue climbed 74% to N4.49 trillion...

Nigeria, UK’s trade dips by 25% in Q1 2024

Nigeria’s total trade with the United Kingdom fell by 25% in the first quarter of...

Nigeria seeks extension on World Bank’s $800m loan deadline

Nigeria has requested an 18-month extension on the closing date of the World Bank’s $800...

Illicit trade, a barrier to economic growth – WTO

The World Trade Organisation has said that illicit trade damages societies and hinders economic growth...

NBTE endorse national standards for gas-powered vehicles

The National Board for Technical Education has approved the National Occupational Standards for the conversion,...

Reps: NNPC, Agip, NUPRC, others summoned over alleged $72m diversion

The House of Representatives Committee on Public Petitions has summoned the Nigeria AGIP Oil Company’s...

FG owed N3tn by revenue-generating agencies – FAAC

The federal government could face a potential loss of N2.97 trillion and $36.33 million if...