Browsing: Highlights

Shell has announced its withdrawal from oil exploration in Nigeria and has reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company…

Worried by the recent incessant incidents of kidnapping in the Federal Capital Territory, FCT, Abuja, and other similar incidents across the country, the Inspector-General of Police,…

The Comptroller General of the Nigeria Customs Service (NCS), Adewale Bashir Adeniyi, affirmed on Tuesday that the recent hike in the exchange rate, which recently affected…

A recent report by Oxfam on inequality and global corporate power reveals that Africa’s seven wealthiest individuals possess a combined wealth of $52 billion, surpassing the…

FOLLOWING the termination of power of attorney granted the Bureau of Public Enterprises (BPE) in the Electricity Distribution Companies (DisCos) by the Ministry of Finance Incorporated…

The exchange rate for a dollar to naira on the physical black market on Monday was N1, 280/US$ as against N1,260 against the greenback last week.…

The National Bureau of Statistics (NBS) in its latest report said that the Federation Account Allocation Committee (FAAC) disbursed the sum of N1.35 trillion to the…

Nigeria’s Chief of Defence Staff (CDS), Major General Christopher Musa, declares that the country is bleeding economically, and every effort must be made to halt crude…

Nigerians have reacted to the huge amount of money used by the Federal Government to subsidise electricity, advising the government to remove the subsidy in exchange…

The Ministry of Finance Incorporated (MOFI) has taken over from the Bureau of Public Enterprises (BPE), the Federal Government’s equity holdings in the 11 successor electricity…