THE Central Bank of Nigeria (CBN), on Friday, announced new measures to curb currency speculation as part of an effort to defend the naira, even as the currency has hit new low. The naira ex... Read more
Unity Bank, Seplat Petroleum, Sterling Bank are set to join the NSE 30 as the Nigerian Stock Exchange (NSE) is on the verge of completing the year end review of it sectoral indices. The revi... Read more
The Federal Executive Council on Wednesday voted N24 billon for the completion of work on the Enugu- Onitsha Expressway. The road is part of the multi-billion Naira contracts approved by the... Read more
The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Wednesday said that there was no money missing from the Excess Crude Account as reported in some national dailies. Okonjo-Iweala disclosed... Read more
The Federal High Court, Abuja Division on Wednesday voided the letter of invitation sent by the House of Representatives to the Petroleum Minister, Dieziani Alison-Madueke and the Nigerian N... Read more
Nigeria’s currency slumped to an all-time low against the U.S. dollar Wednesday, pummeled by the tumbling price of oil, rendering the central bank’s staunch efforts to stem the decline ineff... Read more
The Nigerian Navy said the gunboats that were alleged to belong to ex-Niger Delta militant leader, Government Ekpemupolo, actually belonged to the Nigerian Maritime Administration and Safety... Read more
The Nigerian Maritime Administration and Safety Agency, NIMASA, is determined to rid the nation’s maritime space of pirates and kidnappers, the Director General of the agency, Mr Ziakede Akp... Read more
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) will meet with government officials on Wednesday with a view to resolving the issues surrounding the ongoing str... Read more
FILE – In this Oct. 14, 2014 file photo, an oil pump works at sunset in the desert oil fields of Sakhir, Bahrain. The price of oil has fallen by nearly half in just six months, a surpr... Read more