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NNPC, Shell Sign MoU With 8 Nigerian Banks For $2.2 Billion Contractor Support Fund

Shell companies in Nigeria, supported by the Nigerian National Petroleum Corporation, NNPC, has signed Memoranda of Understanding (MoU) with eight Nigerian banks under the...

NNPC To Reduce Pump Price Of Petrol In Line With ‘Falling Cargo Rates’

The Nigerian National Petroleum Corporation, NNPC, may undertake a downward review of the pump price of petrol in its retail outlets across the country, ThisDay...

As Aviation Fuel Scarcity Hits Nigeria, Arik Scales Back Operations

Arik Air has announced a reduction of flights due to the lingering scarcity of aviation fuel. The airline made the announcement in a statement on...

‘Heritage Bank In Good Financial Health’ – CBN Refutes Rumours Of Distress

The Central Bank of Nigeria, CBN, has refuted claims that Heritage Bank, a regional financial institution, is in distress. The CBN in a statement issued...

Nigerian State-Owned Oil Company, NNPC, To Be Listed On Stock Exchange

The federal government plans to list the Nigerian National Petroleum Corporation, NNPC, on the Nigerian Stock Exchange, once it concludes its reforms of the...

DSS, EFCC Raid Forex Traders As Buhari Gov’t Uses Fear Tactics To Fix Prices

Bureau de Change operators have been forced to fix sales of foreign currencies such as dollar, pounds and euros for fear of sanctions by...

#GoodNews: Ntel’s VOXHD App Now Available On Google Play Store

ntel, Nigeria’s most advanced 4G/LTE network provider, has launched its VOXHD application on Google Play Store. The Voice Over LTE (VoLTE) application allow customers who...

Sponsored Smear Campaign Against Innoson | STATEMENT

Nigeria’s first indigenous motor manufacturing group, Innoson Group, has alerted the public of a sponsored and calculated smear campaign against the company and its...

Recession: Skye Bank Fires 50 More Staff Following ‘Distress’

About four months after it disengaged about 200 of its workers, Skye Bank Plc has retrenched about 50 members of staff, including those in...

‘I Made Alakija A Billionaire,’ Obasanjo ; ‘Obasanjo Frustrated My Business,’ – Alakija

One of Nigeria’s former presidents, Olusegun Obasanjo engaged Forbes' richest African woman, Folorunsho Alakija in a quick trade of words on Saturday, October 29,...

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