FG ‘still owing oil marketers N300bn subsidy arrears’

The federal government is yet to pay over N300 billion subsidy claims of major oil marketers…

Abuja airport closure: FG invites foreign airlines to inspect Kaduna airport

The Federal Government has invited foreign airline operators to inspect the Kaduna International Airport ahead of…

Nigeria gets N160.76b from refined petroleum products in one month

Pipelines and Product Marketing Company (PPMC) realised ₦N160.76 billion from the sale of refined petroleum or…

North Korea lashes ally China over coal import ban

North Korea denounced its chief ally and diplomatic protector China for “dancing to the tune of…

We did not commission Pinnacle coy to auction impounded petroleum products – EFCC

The Economic and Financial Crimes Commission (EFCC) has dissociated itself from the activities of Pinnacle Trading…

Customs seizes 3,300 smuggled tortoises

  No fewer than 3,300 live tortoises smuggled from Hong Kong were seized in Guangdong, customs…

Nigeria’s oil production cost drops by $43/barrel in 3 years -NNPC

The cost incurred to produce a barrel of crude oil in Nigeria has declined to $27…

IMF urges Nigeria to implement ‘coherent and credible’ economic policies -spokesman

The International Monetary Fund (IMF) on Thursday urged Nigeria to step up its economic reform efforts…

Osinbajo inspects toilets, carousel during surprise visit to Lagos airport

Acting President Yemi Osinbajo inspected toilets and carousel during a surprise visit to the Murtala Muhammed…

CBN to sell $230 million in Forex forwards, intervenes on spot market

The Central Bank of Nigeria (CBN) will auction $230 million in forward contracts on the official…

Alaba market rice sellers express fear after Customs raided Sango

The raid of Sango Ota Rice Garage on Tuesday night by operatives of the Nigeria Customs…

New foreign exchange policy will strengthen naira — CBN

The newly introduced foreign exchange policy by the Central Bank of Nigeria (CBN) will help shore…