Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the decision to continue with the shutdown of the Warri, Kaduna and...
The Federal Government has slashed the 2020 budget estimate from N10.594 trillion to N10.276 trillion (N318bn), and also reduced the oil bench mark from $57 per...
Two pilots were arrested on Tuesday on the directive of Governor Nyesom Wike of Rivers State, for undermining the Executive Order of the state government restricting...
Nigeria, developing economies at high risk The current wave corona virus ravaging the world has been declared as the first phase of the devastating infection. The...
The Central Bank of Nigeria (CBN) has revealed some of the new tricks being used by cyber-criminal to defraud unsuspecting Nigerians, taking advantage of the coronavirus...
The Federal Government of Nigeria has finally bowed to long-standing pressure to restructure the downstream segment of the Nigerian oil industry through the removal of fuel...
The Nigerian Communications Commission (NCC) has dismissed reports connecting the 5G network to the outbreak of Coronavirus. In a statement that was signed by the NCC’s...
Oil prices dropped on Monday by 3.2% after the Saudis and the Russians postponed a meeting to discuss potential oil production cuts. As of 9.15 am...
Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) suffered another hit on Monday as Fitch downgraded it to a ‘B’ status following pressure on the country’s reserves due...
Africa-focused integrated digital payments and commerce firm, Interswitch Group, has denied being directed by the Central Bank of Nigeria (CBN) to suspend all dispute management operations,...