FCMB charges media on good governance, national cohesion
By: Admin First City Monument Bank, FCMB, on Wednesday charged journalists on the need to promote good governance and national cohesion through in Nigeria. FCMB’s...
Business
Rivers: IPMAN denies reduction in price of fuel
By:Admin Despite pronouncement by President Mohammadu Buhari that the pump price of fuel be reduced to one hundred and forty naira, the Rivers state Branch...
Nigeria’s GDP grew 1.9 in 2018-NBS
By: Admin Nigeria’s gross domestic product (GDP) grew by nearly 2 per cent last year, data from the National Bureau of Statistics reveals. According to...
FG starts 2019 with juicy savings bonds offer
The Federal Government has commenced the 2019 savings bonds sales by offering for subscription two-year savings bond at 12.12 per cent and three-year savings bond...
2018 FAAC payment to states increase by 36%
Reports have shown that the disbursements to states from Federation Account Allocation Committee (FAAC) rose 36 per cent this year to N8.52 trillion. According to...
FG spends N2.6trn on fuel import in nine months
Nigeria spent N2.582 trillion on fuel importation in nine months, from January to September 2018, rising by 12.9 per cent from N2.289 trillion recorded in...
Malabu: Eni, Shell knew of fraudulent deals, says Italian Judge
An Italian judge, Giusy Barbara, found yesterday that Eni and Royal Dutch Shell were fully aware that their 2011 purchase of Nigeria’s Oil Prospecting Lease...
FG sues Shell and Eni for £868m over 2011 oil deal
The Federal Government has filed a billion-dollar claim in a British court against oil giants Royal Dutch Shell and Eni over alleged fraud and corruption...
Another fuel crisis looms as marketers give govt 7-day ultimatum
Another fuel scarcity looms as oil marketers on Sunday in Lagos gave the federal government seven-day ultimatum to settle outstanding debts totalling N800 billion, failing...
FG’s gross revenue falls by N300bn
The Federal Government’s earnings for the month of August 2018 took a N200 billion dive from its July receipts, according to a report published by...