Business
IMF says naira over-valued by 10 to 20 percent
Nigeria’s naira is over-valued by around 10 to 20 percent, the International Monetary Fund, IMF. IMF’s country head stated this...
CAC begins 24-hour operation
The registrar-general, Corporate Affairs Commission, CAC, Mahmud Bello, says the commission has started operating 24 hours company registration process to...
CBN directs banks to pay customers dollar in cash
The Central Bank of Nigeria has directed all banks to pay cash over-the-counter to desiring foreign exchange customers. Spokesman of...
NNPC: We’ve reduced gas flaring by 26%
The Nigerian National Petroleum Corporation, NNPC, on Sunday said it had succeeded in reducing gas flaring in by 26 percentage...
NIMASA orders removal of abandoned ships or risk forfeiture
The Nigerian Maritime Administration and Safety Agency, NIMASA, has warned all owners of abandoned ships/vessels to urgently remove them from the...
Petrol tanker drivers plan strike from Monday
The Petroleum Tanker Drivers, PTD, arm of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, says it will...
NSE opens own shares to public
Nigerian Stock Exchange, NSE, shares are now open for subscription by capital market investors, opening up the long-awaited demutualisation of the...
MTN pays $98 million part of NCC fine
South African telecoms giant MTN has paid nearly $100 million of a $1.7 billion fine for failing to disconnect unregistered...
Reps probe DPR over oil block licenses, signature bonuses
The House of Representatives has launched probe into leakages in the Department of Petroleum Resources, DPR, calling on the affected...
$184m crude swap: NNPC reaches agreement with Taleveras, 2 others
The Nigerian National Petroleum Corporation, NNPC, on Friday reached a settlement agreement with Taleveras Group of Companies and two other...
