An indigenous oil company, Petrolex Ltd., says it has set aside $6 billion to enable it make an impact in the downstream and upstream sectors of the Nigerian oil and gas sector. Mr Segun Ade... Read more
Aliko Dangote, Africa’s richest person, has been honored for his contribution to increasing local food production and lessen food imports in Nigeria. Dangote was among the 50 most influentia... Read more
The Central Bank of Nigeria (CBN) on Tuesday opened the foreign exchange market with the injection of another 210 million dollars to sustain liquidity. The Acting Director, Corporate Communi... Read more
The Securities and Exchange Commission (SEC) has begun the forensic audit of Oando Plc, contrary to reports that the exercise stopped due to the suspension of the Director-General of the Com... Read more
An Abuja Division of the Federal High Court has set aside its order made on May 30, 2017, freezing 16 accounts belonging to the wife of former President Goodluck Jonathan, Patience. Justice... Read more
The Federal High Court sitting in Lagos on Monday issued a warrant of arrest against a former governor of Enugu State, Chimaroke Nnamani. The ex-governor was arraigned by the Economic and Fi... Read more
In its bid to become number one retail bank in the country and Africa gateway to the world by 2022, Access Bank on Monday launched new five-year strategy. Mr Hebert Wigwe, the bank’s Group M... Read more
Independent petroleum marketers in Lagos State have threatened to withdraw their services from Dec. 11 over NNPC’s breach of bulk purchase agreement to sell fuel to them at N133.28k per litr... Read more
Facts have emerged that United Kingdom Government is planning to return $900 million allegedly looted by late former Governor of Bayelsa State, Diepreye Alamieyeseigha, to the state. In Sept... Read more
The Naira on Tuesday maintained N362.5 to the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro closed at N480 and N430. At the Bureau... Read more