Reps Probs Into NNPC’s Multibillion-Dollar Joint Ventures Deals
The House of Representatives has decided to form an ad hoc committee to look into all Joint Venture activities and Production Sharing Contracts in the...
Category : Business
Nigeria Must Strengthen Vaccine Manufacturing Industry, Okonjo-Iweala
Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, wants Nigeria and Africa to enhance their industrial capacities in order to produce vaccines. Okonjo-Iweala made...
Dana Disembarks. Following An Emergency Landing, 100 Passengers Were Unharmed
On Tuesday, a Dana Air Boeing 737 with 100 people on board made an emergency landing at Nnamdi Azikiwe International Airport in Abuja. Dana Air...
Breaking: CBN Raises Interest Rates To 14 Percent
The Central Bank of Nigeria, CBN, increased the interest rate from 13.5 percent to 14%. This is the second interest rate increase this year. The...
NNPC Becomes Commercial Entity In The Midst Of Gasoline Crisis
The Nigerian National Petroleum Corporation was transformed into a commercial organization on Tuesday, becoming the Nigerian National Petroleum Company Limited. The oil company will be...
Inflation Threatening Nigeria And Others — IMF
According to the International Monetary Fund, inflation, debt, and a currency crisis are threatening the Nigerian and African economies. Kristalina Georgieva, Managing Director of the...
Buhari Applauds Reappointment Of The Council Of Business Chair
The President, Major General Muhammadu Buhari (retd. ), congratulated Abdul Samad Rabiu, Chairman of the BUA Group, on his reappointment as President of the France-Nigeria...
NNPC Has Blocked Exxon Mobil’s Asset Sale To Seplat
THE Nigerian National Petroleum Company Limited has won a court ruling that prevents Exxon Mobil Corporation from selling assets in Nigeria to Seplat Energy Plc...
UASPDA Bracing For $15 Billion Bike, Keke Spare Parts Boom
Deacon Simon Uzoetue, the new president of the United Allied Spare Parts Dealers Association, UASPDA, has reaffirmed his organization’s commitment to reform, restructure, and reposition...
Privatization: BPE Pre-Qualifies 16 Companies for 5 NIPPs
16 businesses have been pre-qualified by the Bureau of Public Enterprises (BPE) to participate in the privatization of five National Integrated Power Projects (NIPPs). The...