US, Iran Row Scares Saudi Arabia, Calls For Oil Supply Protection

 Diplomatic row between the United States and Iran over attacks on two oil tankers in a vital oil shipping route has raised fears of broader confrontation in...

New Senate President Vows To Ensure Budget Is Passed Within 3 Months

The new President of the Senate has made it clear that the 9th National Assembly will henceforth pass annual national budget within three months...

Buhari Government Revokes 6 Oil Licenses

The oil licence regulatory body under President Muhammadu Buhari government, the Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and...

CBN Governor Promises To Create Roadmap For Nigeria’s Economic Growth

The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said that he, together with other financial institution will create a roadmap...

Central Bank Again Intervenes Retail SMIS With $294.7 Million, CNY 31.43 Million

The Central Bank of Nigeria (CBN) has once more intervened in the retail Secondary Market Intervention Sales (SMIS), injecting the sum of $294.7million. Figures obtained...

Punishment On MTN Ends As It Pays Balance Of N55 Billion To Nigeria

MTN Nigeria Communications Limited has brought to an end the punishment meted to it by the Nigerian Communications Commission (NCC) for SIM card registration...

Central Bank Once More Injects $205 Million Into Forex Market

The Central Bank of Nigeria (CBN) has again, injected the sum of $205 million into the inter-bank Foreign Exchange Market, in its continued push...

Why We Want To Establish Entrepreneurship Bank, Osinbajo Explains

Vice President Yemi Osinbajo has said that the need to scale up the various social intervention of the government of Muhammadu Buhari has informed...

April: Federal, State, Local Governments Share N616.198 Billion

The Nigeria’s Federal, State and local governments have shared a total sum of N616.198 billion from the federation account for the month of April,...

Shell Says It Paid N366 Billion In Revenue To Nigerian Government In 2018

Nigeria’s foremost deep-water oil and gas company, Shell Nigeria Exploration and Production Company Limited (SNEPCo), has said that it paid N366 billion in 2018...
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