LCCI flays monetary policy recommended by IMF

The Lagos Chamber of Commerce and Industry (LCCI) says the tight monetary policy recommended for Nigeria…

AfDB approves $450m trade finance deal for Afreximbank

The Board of Directors of the African Development Bank (AfDB) has approved on $450 million Trade…

$1.1billion Malabu Oil scam: FG want former minister arrested

The Federal Government on Monday approached the Federal High Court, Abuja, to seek guidance on whether…

American investor earmarks $200m for Nigeria’s 1st modular refinery

  The Federal Government’s plan to establish modular refineries in the oil producing areas has received…

€1m for settlement of repentant, surrendered militants – Presidential C’ttee

Presidential Committee on Small Arms and Light Weapons on Sunday said European Union (EU) has provided…

NNPC: We’ve reduced gas flaring by 26%

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it had succeeded in reducing gas flaring…

Nigerian mother and her four day-old baby rescued in the Mediterranean

A 29 year old Nigerian lady Mariam Ohene, with her four day-old baby was among over 480…

West Africa Crude: April cargoes clear, but fresh Qua loading delays

Several cargoes from April loading programmes cleared out on Friday, but trading was otherwise limited while…

Navy destroy illegal refinery, 1.59m litres of stolen diesel

The Nigerian Navy on Friday said it had discovered and destroyed an illegal refinery with 1.59…

Aid groups cut death toll from migrant shipwreck off Libya

Five migrants are believed to have died when a rubber boat sank off the coast of…

FAAN gives Abuja airport terminal new look

The Federal Airport Authority of Nigeria (FAAN) has embarked on complete rehabilitation of the Nnamdi Azikiwe…

IMF urges Nigeria to start belt tightening, cut Naira curbs

Nigeria should remove currency-trading restrictions and reduce its budget deficit and debt-service costs to “sustainable” levels,…