NNPC, Osinbajo plan gas funding company
The office of the Vice President and the Nigeria National Petroleum Company (NNPC Ltd) are collaborating on the establishment of…
NCC seals up Enugu pirate cable network
The Nigerian Copyright Commission (NCC) said it raided Enugu and impounded illegal digital cable networks equipment worth N250 million to…
China won’t seize Nigeria’s assets over debt, Ambassador assures
People’s Republic of China’s Ambassador to Nigeria Cui Jianchun said his country has no intention of taking over Nigeria’s critical…
OPEC cuts October production quota as Euro gas prices jump
The Organization of Petroleum Exporting Countries (OPEC) and allies, has agreed to cut production by 100,000 barrels per day (bpd)…
CBN release $265m to clear ticket sales
Following threats by foreign airlines to trim flights or totally shut down their operations in Nigeria, the Central Bank of…
SEC vows to punish dividends shy shareholders
The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the…
Ghana, Nigeria boost MTN half year earnings
South African mobile operator MTN Group said on Thursday its first-half earnings surged 46.5 per cent. According to MTN Chief…
Polaris Bank healthy not yet sold—NDIC
Nigerian Deposit Insurance Corporation has debunked media reports that Polaris Bank has been sold. According to NDIC Managing Director, Mr…
Agency overrules Buhari on ExxonMobil/Seplat deal
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that status quo remains in respect to ExxonMobil/Seplat Energy share acquisition. NUPRC…
More crude oil sales will rebound naira–Uzodinma
Imo State governor Hope Uzodinma believes that battered naira will rebound if the country can pump more crude oil for…