Business

Why International Oil Companies Are Divesting From Nigeria – Elumelu

Nigerian businessman Tony Elumelu has attributed the divestment of International Oil Companies (IOCs) from Nigeria to oil theft. In a recent interview with the Financial...

BREAKING: NDIC Gives N5m Each To Defunct Heritage Bank Customers

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has disbursed N5 million each to 82.36% of the total customers of the defunct...

Why Shell Refused Nigeria’s Refinery Deal – Obasanjo

Former President Olusegun Obasanjo has disclosed that his administration's proposal to partner with Shell Plc for the management of Nigeria’s refineries was turned down...

Video Of Port Harcourt Refinery Surface Online After Marketers’ Assurance On Commencement Of Full Operation In August (WATCH)

The video captures the Port Harcourt refinery which is being awaited by many Nigerians to begin operation. Marketers recently expressed confidence that the Port Harcourt...

World Bank Makes Troubling Revelation On Ex-Presidents Obasanjo, Yar’Adua, Jonathan

The World Bank Group Finances has revealed that the Nigerian government is still repaying $10.6 billion in loans incurred during the administrations of former...

New Exchange Rate Emerge As Naira Records Third Straight Appreciation Against Dollar

The naira has now posted its third consecutive gain at the official foreign exchange (FX) market, reaching 1,574.20 per dollar since the Central Bank...
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