Business

By News desk Few hours after the Senate confirmed the receipt of Medium Term Expenditure Framework (MTEF) 2020-2022 and Fiscal Strategy Paper from President Muhammadu Buhari, House of Representatives has also received the annual economic…

By News desk Senate President, Dr Ahmad Ibrahim Lawan, has confirmed that President Muhammadu Buhari has forwarded the Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF & FSP) for the next three years to the Senate.…

By News desk Oil rose further above 64 dollars a barrel on Monday, supported by doubts about how quickly Saudi Arabia can restore output after a crippling attack this month and a resulting greater focus by investors on supply risks.…

By News desk The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said that the plan to increase Value Added Tax (VAT) from five per cent to 7.5 per cent is in the right direction to raise country’s revenue. Emefiele…

By News desk The National Economic Council (NEC) on Thursday reviewed the activities of Nigerian National Petroleum Corporation, NNPC between January and March, this year. During the meeting chaired by the Vice President, Prof. Yemi…

By News desk The House of Representatives has asked the Central Bank of Nigeria to suspend the planned Cashless policy. The House resolved to mandate the committee on banking to investigate the policy and report to the House in 4…

By Newsdesk Oil prices ended nearly 15 percent higher on Monday, with Brent crude logging its biggest jump in more than 30 years amid record trading volumes. The volatility comes after an attack on crude facilities in Saudi Arabia cut…

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has disclosed that  it has deployed state-of-the-art high definition cameras for quick detection and response to crude oil theft and spills from its facilities. SPDC…

By Bimbo Ogunnaike Vice President, Yemi Osinbajo ,has disclosed that the Federal Government has commenced the process of establishing clusters for small businesses in the 36 states of the federation and the FCT.  Osinbajo said the gesture…

As part of prove that Nigeria is not under performing among oil producing countries, the Organisation of Petroleum Exporting Countries (OPEC) has scored Nigeria positives in area of global oil market stability, spanning many years of its…