Business

Feb 18, 2020
In a move to conserve Nigeria’s ample natural gas resources, the Federal Government on Monday announced it had pruned the number of 800 investors, interested in commercialising flared gas in…
Feb 18, 2020
SportPesa has terminated its sponsorship with Formula One team Racing Point. In a statement released in Nairobi on Monday, the betting firm indicated the decision was made ''in line with…
Feb 17, 2020
Farming and Agribusiness are back in vogue! Something is definitely up there when of all the choices available to him, famous actor and political aspirant John Dumelo opts to be…
Feb 15, 2020
A U.S. judge on Thursday granted Amazon.com Inc’s request to temporarily halt the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal.…
Feb 15, 2020
The Lagos State Internal Revenue Service (LIRS) on Friday announced that it had shut 16 companies in the state over alleged failure to remit about N126.19m consumption tax. The organization’s…
Feb 12, 2020
In a new twist to its imposition of Forex restriction on milk importation into the country, the Central Bank of Nigeria (CBN) Tuesday gave six companies the nod to import…
Feb 12, 2020
Nigeria lost a mind-blowing sum of N4.57 trillion to oil theft activities in the four years between 2015 and 2018, estimates of the Nigeria Natural Resource Charter (NNRC) has shown.…
Feb 11, 2020
The Adamawa/Taraba Command of the Nigerian Customs Services (NCS) has impounded a trailer load of 256 50kg bags of contraband rice, each bag hidden in bigger bags packed with beans.…
Feb 10, 2020
The Nigerian National Petroleum Corporation (NNPC) has said it experienced a 94% increase in pipeline vandalism cases in November 2019, compared to the figure posted the month before.   The…
Feb 09, 2020
The total assets under the Contributory Pension Scheme rose to N10.22tn as of the end of December 2019, the National Pension Commission, has stated. According to the commission, a total…
Feb 09, 2020
Most of the petroleum stations in Badagry communities have closed as the National Union of Petroleum and Natural Gas Workers of Nigeria (NUPENG) suspended distribution of fuel to the city.…
Feb 08, 2020
Money lender Carbon, formerly operating as Paylater, has built its service App in a bid to extend its offering to waiting iOS users. This development is coming on the heels of…
Feb 07, 2020
China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that defused a bruising trade war…
Feb 03, 2020
British independent oil and gas firm, Savannah Petroleum PLC, has announced that Accugas, its recently acquired asset, has entered into a new Interruptible Gas Sales Agreement (IGSA) with First Independent…
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