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Business
NLNG dividend: Senate asks Accountant General to investigate payment of…
The Joint Senate Committee on Finance and National Planning has asked the Office of Account General of the Federation (OAGF) to…
2021 World Economic Forum rescheduled
Organisers of the annual World Economic Forum summit of country leaders and corporate chiefs will not go ahead with the event in…
VIDEO: Access Bank office in Lagos guts fire
There was pandemonium on Wednesday morning at Ademola Adetokunbo Crescent, Victoria Island, Lagos where an Access Bank office…
Afreximbank boosts Net Income by 10% to $150.8m in Half-Year 2020
The African Export-Import Bank (Afreximbank) recorded a 10 per cent growth in its net income in the first six months of the year.…
OPEC Fund grants $115m COVID-19 Loans to Benin, three others
The Organisation of the Petroleum Exporting Countries Fund for International Development (the OPEC Fund) has extended four loans…
Nigeria Increases Stake in AfDB to 16.8%
Nigeria has increased its stake and voting rights in the African Development Bank (AfDB) to 16.8 per cent ahead of the regional…
SON destroys N450m substandard LPG cylinders, roofing sheets
The Standards Organisation of Nigeria (SON) on Tuesday destroyed substandard LPG cylinders, aluminium and galvanised roofing…
Nigeria’s power sector loses N468.4bn revenue in seven months
Nigeria’s power sector lost about N468.4 billion between January and August 21 this year, the latest documents covering the…
Nigeria Faces Quadrilemma of Recession, Inflation, Unemployment, Weak…
Foremost Nigerian economist and think tank, Mr Bismarck Rewane, has said Nigeria now faces a quadrilemma, following the report of…
Russia becomes world’s second largest oil producer
Russia has become the world’s second-largest oil producer, beating Saudi Arabia after producing more crude oil in June, data from…