The Department of Petroleum Resources, DPR, has given approval to Green Energy International Limited, GEIL, operator of the Otakikpo marginal field in Oil Mining Lease OML...

The Nigerian National Petroleum Corporation (NNPC), on Tuesday said that repairs on the Escravos–Lagos gas pipelines had been completed. The Group General Manager, Group Public Affairs...
The House of Representatives will proceed with the institution of sanctions against acting Chairman and Management of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Rep. Mark...
The Naira depreciated by 11 per cent at the parallel market as the cash rate and transfer rates close at N358.80/$ and N363.00/$ respectively. At the...

The Nigerian equity market continued its downturn on Monday on the back on losses by the industrial and banking sectors. The All Share Index (ASI) declined...

Chairman of Nigeria Governors Forum (NGF) and Governor of Zamfara State, Abdulaziz Yari, has warned that Nigeria could be heading into another round of recession. He...

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Monday charged members of the Jewellery Marketers Association of Nigeria, (JMAN) and...
Banks blame CBN for the problem By ADEBAYO OBAJEMU Nigeria’s commercial banks are reportedly in panic over last week’s move by the House of Representatives to...

By OBINNA EZUGWU The outcome of Fidelity Bank’s QI results that was made public on Thursday confirms that the Bank is steadily inching towards attaining its...