OPEC, non-OPEC states might need to reconsider production cuts – Minister
Minister of State for Petroleum Timipre Sylva OPEC and non-OPEC states might need to meet again to reconsider production cuts, Nigeria’s oil minister said on Monday, expressing frustration with…
Crude oil price crash: Nigeria to cut budget
Nigerian officials on Monday said the government would cut its budget and ramp up oil production after a collapse in crude prices sparked by the global coronavirus outbreak. Africa’s largest…
Aminu Bayero is new Emir of Kano
Emir of Bichi Aminu Ado Bayero has been announced as the new Emir of Kano. The announcement was made by the Secretary to the State Government, Usman Alhaji a few…
Access Bank Launches TraderLite for Micro SMEs to grow businesses
In the bid to stimulate the growth of the economy, Nigeria’s leading retail bank, Access Bank plc has launched TraderLite, an account that enables micro businesses, with turnover between N50,…
Coronavirus crashes oil price to $32, Nigeria’s 2020 budget under serious threat
Nigeria’s 2020 budget implementation has received a battering as oil futures suffered their biggest daily loss since 1991 on Sunday after Saudi Arabia slashed its official selling price (OSP) and…
NCC deactivates 2.2m improperly registered SIM cards
The Nigerian Communications Commission (NCC) has deactivated 2.2 million improperly registered Subscriber Identification Module (SIM) cards across telecommunication networks nationwide. The Executive Vice Chairman (EVC), NCC, Prof. Umar Danbatta, made…
Two British Airways staff contract coronavirus, South Africa infection traced to Dubai
Two British Airways baggage handlers at London’s Heathrow Airport have tested positive for the killer coronavirus after the UK confirmed another death with the number of infected patients now up…
Covid-19: Samsung phone factory suspends operation after another worker tests positive
Samsung Electronics has suspended operations at its smartphone factory in South Korea’s southeastern city of Gumi again on Friday after another worker tested positive for coronavirus (Covid-19), a spokeswoman said….
Amidst coronavirus scare Nigeria’s crude oil production climbs to 2.1 mbpd
The Minister of Finance, Budget and National Planning, Zainab Ahmed The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the nation’s oil production has increased to between two…
Some civil servants still dodge tax, we’ll go after them – FIRS chief
The Federal Inland Revenue Service (FIRS) says it is working closely with Ministries, Departments and Agencies (MDAs) to increase the rate of compliance with the remittance of Pay-As-You-Earn (PAYE) tax….