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CATEGORY

Economy

Banks, PDP Protest CBN’s New Foreign Currency Deposit Policy

Banks and the Peoples Democratic Party, PDP, have kicked against the decision of the Central Bank of Nigeria, CBN, to bar foreign currency deposits...

Kaduna Refinery To Hit 2 Million Litre Production By October

The Kaduna Refining and Petrochemicals Company (KRPC), is now refining of about 60,000 barrels of crude per day following the rehabilitation of two of...

Buhari Appoints Mohammed Kari As New CEO, National Insurance Commission

President Muhammadu Buhari has appointed Mohammed Kari as the Commissioner for Insurance and Chief Executive of the National Insurance Commission. Mr. Kari’s appointment which is...

Governor Dickson Woos Investors To Bayelsa At Economic Summit

 Bayelsa State Governor, Hon. Seriake Dickson on Thursday, July 30, 2015 urged the Federal Government, and investors to partner with his administration in the development...

Port Harcourt, Warri Refineries To Produce 8.5 Million Litres Of Petrol Daily – NNPC

The Nigerian National Petroleum Corporation, NNPC, stated yesterday that the Port Harcourt and Warri refineries are expected to contribute about 8.5 million litres of...

Kuku Commends Buhari For Appointing Boroh As His Successor On Amnesty Programme

President Muhammadu Buhari was commended for appointing on Tuesday Brigadier-General Paul T. Boroh (rtd.) as the Coordinator of the Amnesty Programme for former Niger Delta militants. The former...

Gov’t Officials Still Stealing Oil Under My Watch – Buhari

President Muhammadu Buhari on Monday, July 27, 2015 admitted that Nigeria's crude oil ha been illegally lifted under his watch. Speaking on a Television program,...

JUST IN: Nigeria’s Secret Police, DSS, Takes Over Monitoring Petrol Pump Price

The Department of State Services, DSS, may have taken over the job of monitoring downstream petroleum distribution and marketing, as part of the President...

Nigeria’s Foreign Debt Rises To $10.3 Billion

Nigeria’s external debt stock as at second quarter 2015 stood at about USD10.3 billion, over 10 per cent increase, against USD9.5bn recorded in the...

Buhari Has Not Released Any Bailout Money – Oshiomole

Contrary to earlier reports that the federal government gave a bailout to states to meet their indebtedness to workers, Governor Adams Oshiomhole of Edo...

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