Nigeria ships first cargo of Anyala, newest crude grade, to Europe

The first cargo of Nigeria’s newest crude grade, Anyala, is on its way to Northwest Europe.…

FIRS generates N4.9trn, meets 98% tax target in 2020

The Federal Inland Revenue Service collected N4.95trn in total tax revenue in the 2020 fiscal period.…

Telcos submit 43 million NINs to NIMC for verification

  About 43 million National Identity Numbers have been submitted by telecommunication companies to the National…

2018 audit query: OAUGF indicts NSITF, foreign missions, others over N41.8bn contracts, irregular payments

The Office of the Auditor General of the Federation (oAuGF) in its 2018 audit query indicted…

Debt recovery: AMCON to float new carrier with Arik, Aero planes – Report

  The Asset Management Corporation of Nigeria has reached an advanced stage towards launching a multibillion…

US-based Nigerian billionaire to invest N3bn in Fidelity Bank

Dr. Oluleye Adigun, a US-based Nigerian billionaire, has revealed ongoing effort to invest N3 billion ($6.8…

Inflation rises for 16th consecutive month, hits 15.75% – NBS

Nigeria’s inflation index has risen for the 16th consecutive month in December 2020 to 15.75 per…

Heirs Holdings acquires 45% of OML 17 from Shell, Total, ENI in $1.1bn deal

Leading African strategic investor, Heirs Holdings, in partnership with affiliated company, Transnational Corporation of Nigeria Plc…

96 firms bid for NNPC infrastructure revamp contracts

At least 96 prominent and reputable companies from various jurisdictions have indicated interest in undertaking the…

Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy

President-elect Joe Biden will unveil a stimulus package proposal on Thursday designed to jump-start the economy…

Why Elon Musk is so successful

There is nothing that has not been said about Elon Musk, especially now that he made…

IBEDC begins distribution of 104,000 free prepaid metres to residents

The Ibadan Electricity Distribution Company (IBEDC), has commenced the distribution of a total of 104,000 free…

Tariff review: Nigeria faces closure of 54 Assembly plants, loss of 6,000 jobs – Auto manufacturers

The Nigerian Automotive Manufacturers Association has kicked against the Federal Executive Council’s approval of a tariff…

COVID-19: NRC begins e-ticketing for Abuja-Kaduna train service

The Nigerian Railway Corporation (NRC) says it has commenced e-ticketing for train services on the Abuja-Kaduna…

NNPC restates commitment to OPEC+ agreement

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut…

Nigeria spent N118.37bn on COVID-19 in 2020 – Ministe

The Federal Government on Tuesday disclosed that N118.37 billion was spent on the COVID-19 related capital…

Indonesia plane crash: Flight attendant is first victim identified by fingerprint

….undersea vehicle in search for  odies Indonesia has deployed a remotely operated underwater vehicle to help…

FG signs $1.96bn contract for Kano-Niger Republic railway project

The Federal government, on Monday, signed a Memorandum of Understanding (MoU) with a Portuguese firm, Mota-Engil…

Subscribers call for suspension of NIN registration

Consumers under the aegis of the Association of Telephone, Cable TV and Internet Subscribers have called…

Nigeria loses N5.4trn to tax evasion by multinational companies in 10 years – FIRS

Nigeria lost about N5.4trn through tax evasion by multinational companies operating in Nigeria, the Federal Inland…

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