We will deal with economic policy saboteurs – Emefiele
CBN gov. Godwin Emefiele Mr Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), says the bank, with some stakeholders have identified smuggling and dumping as major challenges sabotaging the…
Debt: FG revokes M.K.O Abiola’s family oil licence, others
In a bid to recover debts running into billions of naira, the Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence (OPL)…
Insufficient gas denies Nigerians 1,808MW of electricity in one day; N1.3bn lost
Electricity Generating Companies (GenCos) comprising gas-fired and hydro stations released an average of 3,919 MegaWatts (MW) of power into the national grid on Monday, a daily energy report has said….
Osinbajo to inaugurate W/Africa’s largest cooking gas manufacturing plant in Lagos
Vice-President Prof. Yemi Osinbajo is to inaugurate a cooking gas manufacturing plant in Lagos on June 7. The plant is the biggest of its type in West Africa. The Chief…
NCC defends emphasis on mobile broadband, says ‘it’s more cost effective’
The Nigerian Communications Commission (NCC) says that Mobile Broadband is economically cost effective and encourages private sector participation better than fixed broadband. Mr Sunday Dare, Executive Commissioner, Stakeholders Management, NCC,…
Lagos Debt Hits N1.043trn in 2018; Edo, Kaduna make high debtors’ list -Investigation
Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and domestic debts with N1.043 trillion in 2018, in a latest report…
Over 60,000 applicants sit for NNPC job exam in 22 states
No fewer than 60,000 candidates on Saturday sat for Computer Based Test (CBT) of the Nigerian National Petroleum Corporation (NNPC) recruitment exercise in the country. Mr Isaiah Inuwa, Chief Operating…
Sacking of Tinubu: Oando fires back at SEC, mulls court action
Oando Plc said on Friday that it would challenge the Securities and Exchange Commission (SEC) ruling on the outcome of its forensic audit. The company made the disclosure in a…
PPP: Any company that funds road construction will get tax credit -FG
The Federal Government says it will grant tax incentives to private companies willing to fund the construction of major road projects in the six geo-political zones of the country. The…
Exclusive: Airtel to list at Stock Exchange, awaits CBN approval
Airtel will soon join MTN Nigeria at the Nigerian Stock Exchange if it gets approval from the Central Bank of Nigeria, CBN, Political Economist can authoritatively report. A top source…