The desperate need to attract foreign direct investment following Nigeria’s poor fiscal environment may be the reason President Muhammadu Buhari approved the ExxonMobil’s $1.52...
President Muhammadu Buhari has approved the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc despite moves by the state-owned oil company to block...
Analysis of industry data — mostly from the Nigerian Electricity Regulatory Commission (NERC) — from January 2010 to September 2021 showed that the grid suffered 216...
The Naira recorded a mixed performance against the US dollar at both the official and unofficial exchange rates. Data obtained from FMDQ securities showed that the...
Minister of Communications and Digital Economy Prof. Isa Ali Ibrahim Pantami has been conferred with a Fellowship status by the Chartered Institute of Information Security (CIISec)....
The Lagos State Internal Revenue Service (LIRS) has said its Whistle-Blower Initiative will deepen transparency, and accountability and uphold a high standard in the administration of...
Nigeria is set to lose revenue accruing from foreign airlines operating in Nigeria as most of the airlines have decided to cut down on operations in...
Several billions of naira invested by the Federal Government in acquiring massive land and equipment for automotive projects may have gone down the drain, a former...
Polaris Bank has debunked an online report in the purported sale of the bank by the Central Bank of Nigeria to some private individuals. In a...
The last few months in Nigeria have witnessed a massive spike in the price of petroleum products. In fact, while petrol (fuel) is now sold...