60-Man Russian Team To Soon Conduct Technical Auditing Of Ajaokuta Steel – Minister

The Minister of Mines and Steel Development, Olamilekan Adegbite,  has said a 60- man team from Russia will soon arrive Nigeria to start Technical...

CBN Alerts Nigerians On Fraudulent Loan Offers, Investment Schemes

The Central Bank of Nigeria (CBN) has alerted Nigerians on fraudulent messages and videos in social media circles requesting unsuspecting loan seekers and owners...

Federal Govt Votes Over 1 Trillion For Reconstruction Of Port Harcourt-Maiduguri Narrow Gauge Railway 

The Federal Executive Council has approved the award of contracts for the rehabilitation and reconstruction of the Port Harcourt-Maiduguri eastern narrow gauge railway, with...

NNPC Boss Seeks Collaboration Of Players Across Africa On Downstream Sector Deregulation

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has asked players across Africa to join in the deregulation...

Polaris Bank Extends Salary Advance Scheme To Non-Customers

Polaris Bank has re-launched its popular Salary Advance with an added capability of enabling non-account holders to access quick funds with same speed and...

Chevron Dismisses 2,000 Nigerian Workers, Allegedly Plans To Employ 600 Americans

A major American oil company operating in Nigeria, Chevron Nigeria Limited has sacked no fewer than 2,000 Nigerians working for it and asked them...

Economic Downturn: Oil Giant, Chevron, Moves To Sack 25 Percent Of Its Workforce

Oil giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL together with its affiliates,...

Unstable Fiscal Regime Stifling Nigerian Petroleum Industry – Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari, has said that the absence of a stable fiscal environment...

Non-Oil Sector Rakes In Huge Revenue For Nigeria, As FIRS Intensifies Tax Reforms

The Federal Inland Revenue Service (FIRS) has announced significant increase in collectable tax revenue from the non-oil sector of the economy in spite of...

August Federation Account: Federal, States, Local Governments Share ₦682.060 Billion

The Federation Accounts Allocation Committee (FAAC) has shared ₦682.060 billion August 2020 federation account revenue to the Federal, States and Local Government Councils and...
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