By Our Reporter The exchange rate between the naira and the US Dollar closed at N409.67…
Category: Business
Akwa Ibom loses 70% oil Revenue to gas flaring by ExxonMobil
A force majeure declared by oil giant ExxonMobil on Qua Iboe Terminal over gas flaring has…
Facebook rolls out Instagram Lite to Sub-Saharan Africa
By Ihechi Enyinnaya Facebook on Friday announced the launch of Instagram Lite to Sub-Saharan Africa, a…
We will ensure marketers sell petrol at approved price – DPR
The Department of Petroleum Resources (DPR), Katsina State Field Office, says it will ensure petrol is…
Nigeria’s first Vitamin water by Omnia hits market
Photo: (From Left to Right) Mr. Dipo Isaacs, Consultant Director Marketing & Sales, Dr. Jumoke Akisanya,…
Hope rises for decongestion of Lagos Ports as Burutu Port reactivation gets a boost in Delta
By Oluwayemi Davidson, Warri Hope for a massive decongestion of the Lagos Ports was rekindled on…
DMO lists N162.6bn sovereign Sukuk
By Our Reporter The Debt Management Office (DMO) has listed its third Sovereign Sukuk worth N162.557 billion on the…
Shippers’ Council to sanction illegal maritime operators
By Ihechi Enyinnaya The Nigerian Shippers Council (NSC)will henceforth sanction service providers and port users in…
Delta receives N1billion upfront fee from Asaba Airport Concession
By Oluwayemi Davidson, Warri Delta State government has received a sum of N1 billion upfront fee…
Azman Air Suspension: Over 1,000 Staff Affected, N80m Lost Daily
By Agency Reporter Over 1,000 staff of Azman Air will be directly affected if the Nigerian…
Reps Urges FG To Halt Licencing Of Oil Service Companies For Use Of Explosives
The House of Representatives Committee on Mines and Steel Development has urged the Federal Government to…
Nigeria’s public debt hits N32.915 trillion
By Our Reporter Nigeria’s public debt is N32.915 trillion as at December 31, 2020, said the…