PH Spectator

$1.3bn Oil Deal: Trial Of 9 Ex-Chief Executives of Eni, Shell to begin June 20

The Port Harcourt SpectatorMay 21, 2018

by The Port Harcourt SpectatorMay 21, 2018498

The trial of nine current and former executives or contractors from Italy’s Eni and British-Dutch giant Royal Dutch Shell, including ENI Chief Executive Claudio D20escalzi,...

Business News

Governors threaten takeover of fuel subsidy payment

The Port Harcourt SpectatorMay 18, 2018

by The Port Harcourt SpectatorMay 18, 2018512

National Economic Council (NEC), comprising the 36 State Governors in the country, has threatened to take control of subsidy payments on petroleum products in their...

Business

Senate orders NNPC to return 216 billion naira illegally paid for subsidies

The Port Harcourt SpectatorApril 27, 2018May 5, 2018

by The Port Harcourt SpectatorApril 27, 2018May 5, 2018492

Michael Ita Bassey The Nigerian Senate has ordered the Nigeria National Petroleum Corporation, NNPC, to immediately refund two hundred and sixteen billion naira, illegally used...

Business

Nigerians living abroad sent $22bn home in 2017- World Bank

The Port Harcourt SpectatorApril 23, 2018

by The Port Harcourt SpectatorApril 23, 2018435

The World Bank on Monday revealed that Nigerians living in the Diaspora repatriated a total sum of $22 billion home in 2017, making it among...

Business

Nigerian banks lose 2m customers in 2 years – Statistics

The Port Harcourt SpectatorMarch 19, 2018

by The Port Harcourt SpectatorMarch 19, 2018512

Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion,Nigerian banks lost over 2 million customers between 2016 and 2017. According to statistics from...

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