Delta State govt, NNPCL, firm to develop first floating gas plant
Delta State Government, Nigerian National Petroleum Company Limited and UTM Offshore Limited have signed a shareholders agreement for the development...
Month: December 2023
Price of grains to fall as Ukraine sends 25,000 tons to Nigeria
About 25,000 tons of grains have been prepared to be sent to Nigeria under the Grain from Ukraine programme. The...
Local equity crosses N40 trillion mark, gains N599bn in one day
The local equity market Wednesday crossed the N40 trillion mark, appreciating by N599 billion as gains recorded in the shares...
Tinubu approves 50% reduction in transport fare nationwide
President Bola Tinubu on Wednesday approved a 50 per cent slash in price of interstate transport fare for Nigerians traveling...
Nigeria’s crude production to hit 2m barrels per day in 2024 – NNPN Ltd
The Nigerian National Petroleum Company Ltd (NNPCL) has set a production target of two million barrels of crude oil per...
22,000 MfBs, mortgage banks’ depositors get N1.7bn refund – NDIC
Nigeria Deposit Insurance Corporation (NDIC) has so far paid an insured sum of over N1.7 billion to customers, following the...
CAC warns against registering business names without starting operations
The Corporate Affairs Commission (CAC) has advised Nigerians to desist from opening or registering businesses that they had no immediate...
Kogi, Lagos most expensive states in Nigeria
With Nigeria facing its highest inflation in over 27 years at 28.20 per cent, and Christmas and New Year festivals...
Nigeria’s cryptocurrency usage remains highest in Africa
Despite Central Bank of Nigeria (CBN) directives restricting licensed banks from engaging in cryptocurrency-related activities, Nigeria’s crypto market has defied...
TikTok removes 136.5m videos globally for violating policies
Short video platform, TikTok says it removed 136.5 million videos globally in the third quarter of 2023 for violating its...
