Economy

Navy uncovers massive oil theft in Rivers

The Nigerian Navy has excavated and dismantled the oil equipment of a suspected oil syndicate on Oil Mining Lease-18 in…

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Naira payment option will boost diaspora remittances – Financial experts

Some financial experts have said that the recent move by the Central Bank of Nigeria to allow naira payment option…

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Subsidy removal: You’ll start reaping benefits soon – FG assures Nigerians

Dr Nasir Idris, the Chairman, Palliative Committee on Subsidy Removal and Kebbi Governor has assured Nigerians that efforts were on…

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Fuel subsidy: FG’s proposed N8,000 package stirs controversies

The decision by the Federal Government to pay N8,000 to about 12 million households in a bid to mitigate the…

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Fuel subsidy removal: Smuggling across Kwara border reduced – Customs Comptroller

The removal of fuel subsidy by the Nigerian government has significantly helped to reduce smuggling of petroleum products across Kwara…

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High profile politicians, local, foreign govts involved in oil theft — King Dakolo

The recent destruction of the 12-man crew vessel said to be carrying 150,000 metric tons of crude oil seized on…

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CBN announces new maximum tenure for bank MD

The Central Bank of Nigeria (CBN) Friday approved the new code of corporate governance for the financial sector, which pegged…

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Naira slumps against dollar, exchanges at N803.90 at official window

Amid the impact of the Central Bank of Nigeria’s foreign exchange reforms, the Naira depreciated against the dollar on Friday,…

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