FG, IOCs’ Loss To Crude Theft Hits N5bn Daily

The revenue loss by the Federal Government and international oil companies (IOCs) to crude theft has exceeded N5 billion daily. A document of the Ministry...

NCAA: Nigeria Air Passenger Traffic Increased by 20% in 2018

No fewer than 14,171,722 air travellers went through Nigeria airports in 2018, according to figures released on Tuesday in Lagos by the Consumer Protection...

Nigerian Breweries Posts N19.4 Billion PAT, N324.4b

Nigerian Breweries Plc has announced a profit after tax of N19.4 billion and revenue of N324.4 billion for the 2018 financial year, the brewer...

FG Revokes 4,176 Mining Titles In Eight Years

The Federal Ministry of Mines and Steel Development said it revoked 4,176 mining titles between 2011 and 2018. The ministry disclosed this in a report...

UBA Commences Operations In Mali

The United Bank for Africa (UBA) Plc has commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking...

Cryptocurrency Firm Founder Dies With Passwords To Clients’ $190m

Canada’s leading cryptocurrency exchange company has said it cannot immediately repay customers’ $190m because its founder died with their passwords.   According to the Sky News,...

FG Signs MOU For Local Production Of International Passports

The Ministry of Interior, Iris Smarts Technology Limited and the Nigeria Security, Printing and Minting PLC have signed an agreement to begin the production...

Buhari Flags Off Oil Drill In Northern Nigeria

The long awaited dream of oil and gas exploration in the northern part of Nigeria became a reality, yesterday, as President Muhammadu Buhari flagged...

PZ Not Shutting Down Nigeria Operation

PZ Cussons Plc has said that it is not shutting down operations in Nigeria despite witnessing a challenging time in its African operations, especially...

Coca-Cola Finalises Acquisition Of Chi Limited

Coca-Cola Co. has finalised the purchase of a business in Nigeria manufacturing soft drinks and "value-added dairy beverages". The drinks titan acquired a 40% stake...
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EFCC Re-arraigns Ex-Justice Ofili-Ajumogobi

A former Judge of the Federal High Court, Rita Ofili-Ajumogobia, was on Thursday re-arraigned before a Federal High Court in Ikoyi, Lagos, over alleged...

Wike Suspends 12 LG Chairmen For Their Absence At State Function

Rivers State Governor, Nyesom Wike, has suspended 12 local government chairmen for their alleged refusal to attend official state functions. A statement signed by the...

Two Killed, Vehicles Destroyed In Tanker Fire In Ibadan

A tanker laden with petrol on Thursday fell and caught fire claiming two lives and burning four vehicles at Iwo Road area of Ibadan...