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FEC Okays $1.4bn For Warri, Kaduna Refineries’ Rehabilitation [Details]

$11.17bn For Coastal Rail Projects The Federal Executive Council (FEC), on Wednesday has approved the sum of $1.4 billion for the rehabilitation of...
Business

Just In! CBN Clamps Down On BDCs, Bans Forex Sales To Operators

Halts Issuance of License To BDCs Retains Lending Rate The Central Bank of Nigeria (CBN) has banned the...
Business

Towards Quality FDI, Nigeria’s Ambassador To Thailand Hosts Multinational Director, President [PHOTOS]

In a determined move to attract further global businesses including investment and trade to Nigeria positively, Nigeria's Ambassador to Thailand, His Excellency, Ambassador Oma...
Business

Inside Passed PIB: Senate Okays 30% Of NNPC Profit For Oil Search In North, 3% For Oil Communities

Lawan: ‘Demon’ Behind Non-passage Finally Defeated The Nigerian Senate has allocated 30 per cent of accruing profit from Nigerian National Petroleum...
Business

NDPHC Rescues National Power Grid, Delivers 22 Sub-stations, Others

The Niger Delta Power Holding Company (NDPHC), a key intervention agency in the Nigeria's power sector, has contributed over 3,400 megawatts (MW) to the...
Economy

Nigeria’s GDP Grew By 0.51% In Q1 – NBS

Nigeria’s Gross Domestic Product grew by 0.51 per cent (year-on-year) in Q1, 2021. This marks the second consecutive quarterly growth for the nation, following the...
Business

Breaking! National Carrier To Kick-start Operation In Q1 2022, Says FG

Nigeria's plan to float a new national carrier after the defunct Nigeria Airways got the right impetus on Wednesday as the Minister of Aviation,...
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