President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA). Our correspondent...
The equities market of the Nigerian Exchange Ltd. (NGX) on Friday appreciated by N30 billion, following the gains recorded by 21 companies and 17 losers. Specifically,...
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is deepening effort to spur oil production in to take of global...
The Nigerian Communications Commission (NCC) says it is going to deploy Revenue Assurance Solution (RAS) to monitor revenue generated by its licensees in a bid to...
ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited (MPN) to Seplat Energy, a Nigeria-owned independent oil and gas company....
The Statistician-General of the Federation, Mr Simon Harry, says processes are ongoing to rebase the nation’s Consumer Price Index (CPI) which measures inflation rate by the...
The Federal Government has urged all employers of labour to implement the 2019 minimum wage of N30, 000. The Chairman, National Salaries, Incomes and Wages Commission...
Company Income Tax (CIT) recorded N124.71 billion decline from N472.52 billion in quarter three, 2021 to N347.81 billion in quarter four, the National Bureau of Statistics...
Two oil companies, Duke Oil and Oando Plc have refuted culpability in the importation of the adulterated fuel that hit the country, saying imported product met...
The Nigerian Communications Commission (NCC) may roll out three additional 3.5GHz spectra licences for the Fifth Generation (5G) licences in the next two years. Prof. Umar...