FEC approves 2017 Budget

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved the 2017…

Steel companies’ closure: 3,000 workers lose jobs

The National Union of Iron and Steel Workers on Wednesday said 3,000 of its members lost…

14 ships discharging petroleum products, other commodities-NPA

Fourteen ships are currently discharging petroleum products and other commodities at Apapa and Tin-Can Island ports…

Manufacturers lost N500bn to CBN’s forex policy, MAN

The Manufacturers Association of Nigeria (MAN) on Thursday said Central Bank of Nigeria’s flexible exchange rate…

FG releases N7bn for capital projects in aviation sector

Out of the N18.05 billion appropriated for capital projects in the 2016 budget for the aviation…

Scanner breakdown threatens bilateral trade at Seme border

The breakdown of the fixed scanner at the Seme Border to work at installed capacity has…

Do you think the take-off of the proposed National Carrier will be feasible by December?

Hopefully, it should be feasible by December. It is something that is long overdue and Nigeria…

Shell resumes crude exports from Nigeria’s Forcados terminal 

Royal Dutch Shell has resumed crude exports from the Forcados terminal in Nigeria’s restive Niger Delta…

Investors doubt OPEC oil output deal

Oil fell for a third day on Wednesday, nearing $50 a barrel for the first time…

Damen releases next-generation expedition cruise vessel design 

Dutch shipbuilder Damen Shipyards on Thursday released the design details for its next-generation expedition cruise ship…

CBN approves special forex for Airlines, others

The Central Bank of Nigeria (CBN) on Friday approved a Special Secondary Market Intervention Retail Sales…

Nigeria’s crude oil production increases by 280,700 bpd

  Nigeria’s crude oil production has increased by 280, 700 barrels per day (bpd) from the…