Business

Sylva: Nigeria has 1.9bn litres of petrol, to last 32 daysSylva: Nigeria has 1.9bn litres of petrol, to last 32 days

Sylva: Nigeria has 1.9bn litres of petrol, to last 32 days

Minister of State for Petroleum Resources, Mr. Timipre Sylva, on Wednesday said the country has 1.9 billion litres of petrol.…

3 years ago
Biden bans Russian oil over invasion of UkraineBiden bans Russian oil over invasion of Ukraine

Biden bans Russian oil over invasion of Ukraine

President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in…

3 years ago
NUPRC to Marginal field awardees: Work with regulator to resolve issuesNUPRC to Marginal field awardees: Work with regulator to resolve issues

NUPRC to Marginal field awardees: Work with regulator to resolve issues

The Nigerian Upstream Regulatory Commission (NUPRC) has appealed to the winners of the 2021 marginal field bids to work in…

3 years ago
MTN probes top officials over sexual harassment, fraud claimsMTN probes top officials over sexual harassment, fraud claims

MTN probes top officials over sexual harassment, fraud claims

Nigeria’s telecommunications giant, MTN Nigeria is probing allegations of sexual harassment and fraudulent activities against some top officials of the…

3 years ago
Oil, gas coys owe federation accounts N1.32trn in 2020 – NEITIOil, gas coys owe federation accounts N1.32trn in 2020 – NEITI

Oil, gas coys owe federation accounts N1.32trn in 2020 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that oil and gas companies liabilities to the Federation Accounts as…

3 years ago
2021: Dangote records 9.2% increase in sugar production2021: Dangote records 9.2% increase in sugar production

2021: Dangote records 9.2% increase in sugar production

The management of Dangote Sugar has revealed that the company’s production volume increased by 9.2 percent in 2021 to 811,962…

3 years ago
GTCO declares N221.5bn profit in 2021GTCO declares N221.5bn profit in 2021

GTCO declares N221.5bn profit in 2021

Guaranty Trust Holding Company Plc. (GTCO Plc) has released its audited financial report for the year ending December 31, 2021.…

3 years ago
Emefiele: Agricultural sector, Nigeria’s saving graceEmefiele: Agricultural sector, Nigeria’s saving grace

Emefiele: Agricultural sector, Nigeria’s saving grace

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed satisfaction with the level of interests in agriculture…

3 years ago
N135bn debt: AMCON amends criminal charge against Ifeanyi Ubah N135bn debt: AMCON amends criminal charge against Ifeanyi Ubah 

N135bn debt: AMCON amends criminal charge against Ifeanyi Ubah

The Asset Management Corporation of Nigeria (AMCON) has amended the criminal charge filed against Senator Ifeanyi Ubah and his company,…

3 years ago
Govs decry NNPC zero contribution to federation accountGovs decry NNPC zero contribution to federation account

Govs decry NNPC zero contribution to federation account

The Nigeria Governors Forum (NGF) has decried the zero contribution of the Nigerian National Petroleum Company (NNPC) Ltd. to the…

3 years ago