Banks’ll Increase Credit To Economy In 2022 – CBN
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the banking sector will increase access to finance and credit for households...
Debt servicing: Nigeria pays $1.79bn to World Bank, China in five years
Nigeria spent $1.79bn in five years on servicing the debts owed to World Bank and the Exim Bank of China, according to an analysis...
Residents of Ikebiri community in Bayelsa State lament fresh crude oil spill
Some riverine residents of Ikebiri Kingdom in Southern Ijaw Local Government Area of Bayelsa State have lamented the fresh oil spills in the community...
Bayelsa faces prolonged power outage as vandals destroy 13 transmission towers
The Transmission Company of Nigeria (TCN) says Bayelsa state will face a prolonged power outage following the destruction of 13 transmission towers along the...
China begins export of used cars to Nigeria, others
The Chinese Ministry of Commerce has said that it has commenced the export of used cars to Africa, Asia and Europe, with Nigeria as...
President Buhari revokes six oil licences, gives reasons
The Department of Petroleum Resources, DPR, has revoked the oil mining licences, OML, granted five companies.
DPR also revoked one oil prospecting licences, OPL.
The revocation...
Twitter shares slump 8% after Donald Trump account suspension
Twitter’s German-listed shares slumped as much as 8 per cent on Monday, the first trading day after it permanently suspended U.S. President Donald Trump’s...
N75bn Youth Fund beneficiaries to get N250,000 – N5m, says minister
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Saturday that between N250,00 to N5m would be accessible to each...
DPR revokes oil firm’s mining licences over dormant assets
Citing the non-development of its assets for several years, the Department of Petroleum Resources (DPR) has revoked three Oil Mining Licences (OMLs) belonging to...
Sylva, Kyari, Komolafe, Wabote, others to brainstorm on Energy transition
THE Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited,...