Nigeria loses N1.29 trillion to oil thieves annually-Group alleges

By Gina Otokpa A group under the aegis ImpactMore Global Solutions, has expressed worry over the N1.29 trillion that is lost to oil thieves in the country on an annual

Read More

iBetNigeria train moves to Lagos, open mega shop at Ikeja

By Martin Odiete The sports betting company iBetNigeria has concluded plans to open a Mega bet shop at Idowu Lane, off Kodesho Street Computer village, Ikeja Lagos on Saturday. This

Read More

$2 billion from oil block licences to fund 2019 budget – Kachukwu

Nigeria Minister of state for petrolium, Ibe Kachikwu has revealed that the $2 billion generated from the renewal of oil block licences would be used to fund the 2019 budget.

Read More

APC names Dangote, Otedola in Buhari’s presidential campaign squad

By Martin Odiete (modiete@gmail.com) The All Progresive Congress, APC has included Africa richest man, Aliko Dangote and another business mogul, Femi Otedola in the list of the think tanks squad

Read More

Financial Flow From Oil, Gas Sector Reduces To $17.05 Billion In 2016 – NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that total financial flows from Nigeria’s oil and gas sector reduced to 17.05 billion dollars in 2016, indicating a 31 per cent decline on

Read More

NSE: Crucial Indices Down By 0.10% As Profit Taking Persists

Crucial indicators of the Nigerian Stock Exchange (NSE) on Friday dipped by 0.10 per cent following losses by some blue chips. The News Agency of Nigeria (NAN), reports that the All-Share

Read More

FG Sukuk Bond Oversubscribed, Receives N132bn For N100bn Offer

The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk offer, the Debt Management Office (DMO) has said. The DMO,

Read More

OPEC Output Is At Risk From Social Unrest

Oil’s plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic dislocation and social

Read More

Oil Slumps To Lowest Price In A Year As Stock Markets Sink

Oil prices fell more than four per cent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a

Read More