The Department of Petroleum Resources (DPR) has announced that the 5,000 barrels per day Waltersmith Modular Refinery project in Imo State is now ready for operations....
The Nigeria National Petroleum Corporation (NNPC) has revealed that Nigeria’s oil revenue target declined by N1.06 trillion due to the coronavirus pandemic. NNPC’s Group Managing Director,...
The Nigerian Stock Exchange (NSE) market indices on Wednesday recorded a marginal decline following wanton attacks by hoodlums in Lagos. Specifically, the market capitalisation which opened...
The Federal Government has stated that the closure of the nation’s borders have had positive impacts on its economy. BusinessLive recalls that the Federal Government had...
Nigeria has signed a bilateral aviation agreement with India strengthening aviation ties between the two countries. The agreement comes weeks after Nigeria was added to India’s...
The Nigeria Customs Service (NCS), Apapa Command, says it generated a total of N367.6 billion between January and September 2020. The Customs Area Controller, Mohammed Abba-Kura...
Stripe, a United States fintech company, has completed the acquisition of Paystack, Nigerian online payment startup. Reports indicate that the deal reportedly worth over $200 million...
The Federal Government, states and local government councils have shared N639.901 billion for the month of September 2020. This was revealed by Aliyu Ahmed, Permanent Secretary,...
The Nigerian inflation rate rose to 13.71% (year-on-year) in September 2020. This indicates a 0.49% point increase from the 13.22% recorded in August 2020 as contained...
The Nigerian National Petroleum Corporation (NNPC) has released its 2019 Audited Financial Statement announcing a 99.7% reduction in its loss profile from ₦803bn in 2018 to...