NNPC appoints veteran journalists as new spokesman, redeploys management staff
The Nigerian National Petroleum Corporation, NNPC, has announced the appointment and redeployment of top Management staff across board in a major exercise said to be...
Business
Skye Bank takes over Obat Oil over N1.5bn debt
Skye Bank Plc has reportedly taken possession of the tank farms and business premises of Obat Oil in Apapa Business District of Lagos State. Obat...
NDIC to shut down MMM in Nigeria, insists it is fraudulent
The Nigeria Deposit Insurance Corporation, NDIC, has revealed plans to shut down Mavrodi Mondial Movement, MMM, scheme in Nigeria. The Managing Director, MD of NDIC,...
Oil down as Trump wins US vote
Oil prices fell in Asia on Wednesday as Republican candidate Donald Trump defeated Democratic rival and market favourite Hillary Clinton in the race for the...
Foreign opposition mounts as Nigeria nears rice sufficiency
With clear indications that Nigeria may finally be on the way to meeting its rice consumption needs, some foreign countries are already displaying dissatisfaction and...
Forex: 1500 workers to lose jobs as Erisco foods relocate to China
Over 1500 employees of Erisco Foods limited are about losing their jobs as the company has begun the process of winding up its tomatoes paste...
We are operating a divine economy in Rivers State says Governor Wike
Rivers State Governor, Nyesom Ezenwo Wike has declared that the state is operating a divine economy which has enabled it continue to execute projects and...
Why we can’t spend recovered loot yet – FG
Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has revealed that the federal government has, aside cash, recovered landed properties, high valued automobiles and jewelries from...
NIMASA assures stakeholders of safety standards in maritime industry
The Director-General, Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside, has assured stakeholders of the agency’s resolve to ensure safety standards in the maritime...
Kwara govt seeks 13 per cent derivation from solid minerals
As states in the Niger Delta collects 13 percent derivation on oil, the Kwara State government has said the state should be included among beneficiaries...