Shell, Chevron Exxon Mobil to pay about $2-$5bn each The Federal government has directed international oil companies to immediately pay nearly US$20 billion in taxes they owe to local states, […]

President Muhammadu Buhari has pledged the cooperation of Nigeria on the effort to reduce oil output in order to attract higher prices in the global market. Buhari made the promise […]

The Central Bank of Nigeria (CBN) has made a fresh injection of $210 million into the inter-bank foreign exchange market in its determination to boost supply in that sector of […]

Zenith Bank has announced an impressive result for the year ended December 31, 2018, with Profit Before Tax (PBT) rising to N232 billion for the 12 months ended December 31, […]

Nigerian Breweries Plc has announced a profit after tax of N19.4 billion for the 2018 financial year. According to the audited financial results released to the Nigerian Stock Exchange, the […]

A step for attaining sufficiency in domestic gas supply was taken by the Nigerian National Petroleum Corporation (NNPC) on Wednesday. The corporation took the Final Investment Decision (FID) on the […]

The Central Bank of Nigeria (CBN) has given the country’s lenders some much-needed relief by extending the time they will have to implement stricter accounting rules for bad loans. Lenders […]

Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation (NDIC) have stated their commitment to the formulation of sound policies to enhance the safety and stability of […]

No fewer than 86 girls who recently concluded basic self-starter acquisition programmes have been presented with start-up kits and stipends by the wife of the Governor of Anambra State, Mrs. […]

Oil prices fell by more than 1 percent on Monday as U.S drilling activity picked up, even as a refinery fire in the U.S state of Illinois resulted in the […]