GTBank’s profit rises by N1.305trn in 10 years, 12.07% annual balance sheet expansion
Appointed in June 2011 to lead what has today become one of Africa’s best run and most profitable financial institution, Segun Agbaje’s leadership and steering...
Business
OML 143: NNPC, SEEPCO sign gas development agreement to unlock 1.2tcf
The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost on Thursday with the execution of the Oil Mining...
Despite rising debt profile, Senate approves fresh $1.5bn, £995m loan
The senate has approved new external loans of $1.5bn and €995m for the executive. The senators approved the loan while considering the report of its...
Customs rake in N466.1bn revenue in first quarter
Nigeria Customs Service (NCS) has generated N466.1 billion revenue in the first quarter of 2021. The statistics obtained from the office of the Public Relations...
Nigerian govt approves FRP in oil, gas production
Federal Government has reportedly approved the commencement of the pilot deployment of Fibergrate Reinforced Plastic (FRP) technology in Nigerian Oil and Gas production companies. A...
Ogun debt: We paid over N20bn in 2020-Official
The Ogun State Commissioner for Finance, Dapo Okubadejo, has said the state government paid over N20 billion out of its debt in the year 2020....
Food prices highest in Rivers, Niger, Gombe in March-NBS
Prices of food items rose the most in Rivers, Niger and Gombe States in March, the consumer price index (CPI) report released on Thursday by...
Nigeria’s inflation climbs to 18.17 percent
Nigeria’s inflation rate rose to 18.17 percent on March amid increasing food prices. This was contained in a statement by the National Bureau of Statistics...
Port Harcourt residents protest outrageous billing by PHED
By: Felix Ikpotor Residents of Port Harcourt, the Rivers State capital, Wednesday, staged a protest at the corporate headquarters of the Port Harcourt Electricity Distribution...
NNPC January petrol sales hit N234.722b
The Nigerian National Petroleum Corporation (NNPC) recorded about N234, 722,222,150 from the sale of the Premium Motor Spirit (PMS) petrol in January 2021. It supplied...