President Muhammadu Buhari is reportedly back on his desk at the presidential villa in Abuja. Upon…
Category: News
CBN sanctions 12 banks for flouting forex rules
The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from…
Diesel seller docked for aged man’s disappearance
A 35-year old diesel seller, Ahmed Adamu, has been charged to an Apapa Magistrates’ Court for…
Indebtedness: Court to hear Stella Oduah’s applications May 30
The Federal High Court in Lagos, will hear on May 30 all pending applications in a debt recovery suit filed…
AMCON injects N1.5bn into Arik Air
The Asset Management Company of Nigeria (AMCON) has injected N1.5bn in Arik Airline Ltd to safeguard…
FG determined to stop PMS importation by 2019 – NNPC
The Federal Government has reiterated its determination to stop the importation of Premium Motor Spirit (PMS)…
Drewry: Growing inbound trade drives China’s port congestion
Chinese ports are encountering major congestion brought on by bad weather, the restructuring of alliance networks, ever…
COSCO SHIPPING Holdings posts $39m profit in Q1
COSCO SHIPPING Holdings Co., Ltd. had a net profit attributable to equity holders of 270 million…
Egypt to receive first Iraqi crude shipment on May 12
Egypt will start receiving the first Iraqi crude oil shipments of two million barrels on May…
World Bank blames Nigeria’s forex crisis on fixed exchange regime
The World Bank has blamed Nigeria’s enduring foreign exchange instability on the fixed exchange regime in…
AMCON injects N1.5bn in Arik Air
The Asset Management Company of Nigeria (AMCON) has injected N1.5bn in Arik Airline Ltd to safeguard…