Return of Naira-for-crude deal raises stable petrol price hope

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Policy now permanent for energy security, end to reliance on forex in domestic market Experts and industry stakeholders foresee a stable, affordable and competitive...

JUST IN: Nigerians Attack Buhari Over Fresh $5.513bn Loan

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Nigerians have taken to popular social media platform Twitter to voice their displeasure after news dropped that the President, Major General Muhammadu Buhari (retd.), has...

FG implements cooking gas imports tax, price jumps by 100%

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The Federal Government has implemented a 7.5 per cent tax on imported Liquefied Petroleum Gas, popularly called cooking gas, as the cost of the...

All retail investors ‘will get their MTN shares’ on Feb 18

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All 126,720 retail investors who bought from the December 2021 public offer of MTN shares will get their share on February 18, 2021, TheCable...

FLASHBACK: 5G Network Launched by MTN Nigeria

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MTN NG just commenced its 5G network trial in Abuja, Nigeria, making the country the first to do so in West Africa. The launch of...

Excess Crude Oil Account Dropped From $376,655.09 To $35.377 As CBN Says NNPC Behind...

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Non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for naira’s free fall in the official and parallel...

Nigeria to witness increased oil production on sustainable basis – Lokpobiri

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Heineken Lokpobiri, the new minister of state (oil), petroleum resources, has assured Nigerians of increased oil production on a sustainable basis. Lokpobiri gave the assurance...

Osinbajo flags off N5,000 cash transfer to low-income earners in urban areas

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Vice-President Yemi Osinbajo has flagged off the cash transfer of N5,000 to low-income earners in urban areas, as part of efforts to ease the...

Nigeria can generate huge Forex from processing Indian hemp oil

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 An Agro-Economist, Dr Victor Iyama, says Nigeria can generate foreign exchange by producing Indian hemp which abounds in the country for the international market...

Abuja airport flooded, flights to nation’s capital cancelled [VIDEO]

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The Nnamdi Azikiwe International Airport, Abuja, is currently flooded. The flood has affected the front stretch of the arrival and departure area. This followed a heavy...