Business

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has asked Mr Mele Kyari to address challenges associated with pipeline vandalism, crude oil theft and inadequate infrastructure. Mr Kyari replaced Dr Maikanti Baru as the 19th Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) on Monday. The Association in a […]

The Federal High Court in Lagos has granted Oando Plc permission to file a motion for a judicial review of the Securities and Exchange Commission’s decision imposing a fine of N89,675,000 on it. Justice Ayokunle Faji also granted leave to the company to apply for an order of certiorari for the quashing of SEC’s directive […]

Market seller at the Ekeukwu Owerri market have appealed to the state government to rebuild a standard market place to enable them sales their goods and services. They rejected the uncompleted SOMTO Hospital built by the administration of former Governor ROCHAS OKROCHA, which they described as expensive and having very dark interior. They also called […]

African leaders will meet Sunday in Niger for the African Union (AU) summit, to sign a landmark free trade agreement, and to discuss looming security and migration crises on the continent. In a “historic” moment for the 55-member bloc, according to its chairman Moussa Faki, heads of state will officially launch the African Continental Free […]

President MUHAMMAD BUHARI has signed the African Continental Free Trade Area Agreement, after months of long wait.   The signing took place at the 12th Extraordinary Session of the Assembly of the Union on AfCFTA and the First Mid-Year Coordination Meeting of the African Union and the Regional Economic Communities in Niamey, Niger Republic.   […]

The Minister of Foreign Affairs, Geoffrey Onyeama will be representing President Muhammadu Buhari in Guinea Bissau on Sunday. Mr Onyeama will undertake an urgent mission as President Buhari’s Special Envoy in the company of ECOWAS President, Jean-Claude Brou. In a series of tweets by the Senior Special Assistant to the President on Media and Publicity, […]

Nigeria’s GDP has grown 2.38 per cent in real terms within the fourth quarter of 2018, showing a 0.27 per cent jump over the fourth quarter of 2017. The Real GDP growth posted 5.31 per cent on a quarter-on-quarter basis, with an annual growth rate of 1.93 per cent printed for the fiscal year of […]

The National Economic Council (NEC) would meet on Friday next week, to review the performance of the nation’s economy from January 2018 to date. This is according to the Chairman of the Nigeria Governors’ Forum, Abdul’Aziz Yari of Zamfara State who briefed State House correspondents on Monday in Abuja. Governor Yari made the disclosure after […]

A Federal High Court sitting in Lagos has adjourned till December 12 for a report of settlement in the suit filed by telecoms giant, MTN challenging the fine imposed on it by the Federal government of Nigeria. Justice Saliu Saidu fixed the date after parties in the suit informed him of their intention to settle […]

Nigeria National Petroleum Corporation has allayed fears of fuel scarcity during yuletide following a threat by oil marketers. Report says that the oil marketers, on Sunday had issued a seven-day ultimatum to the Federal Government for the payment of all outstanding subsidy debts including foreign exchange differentials and interest rate component owed to them. According […]


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