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The Nigerian National Petroleum Corporation (NNPC), on Wednesday reiterated that there was no mass retrenchment plans in the establishment. Read more

The $15,000 weekly Yuletide special intervention foreign exchange (forex) sales to Bureau de Change (BDC) operators commences tomorrow, the Central Bank of Nigeria (CBN) has announced. Read more

ABP, an agricultural programme, was launched by President Muhammadu Buhari in 2015 and is aimed to create a linkage between anchor companies involved in the processing and smallholder farmers (SHFs) of the required key agricultural commodities. Read more

The Nigerian National Petroleum Corporation (NNPC) yesterday said it lost over $800million revenue to all the stakeholders owing to breaches of contracts of its old regime. Read more

Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele seized the opportunity of the annual bankers dinner to share his view on some of the key issues that the Nigerian economy has faced over the past three years and how to strengthen the economic recovery process of the country. Read more

Taking bold decisions demands courage and foresight. Read more

The Nigerian National Petroleum Corporation on Monday said that Nigeria will not encounter a scarcity of Premium Motor Spirit, popularly known as petrol, this season regardless of the recent threat and ultimatum by oil marketers. Read more

Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners have signed a gas supply and aggregation agreement to support the 140 Megawatts Aba Integrated Power Project in Abia State. Read more

Qatar announces it is withdrawing from the Organisation of Petroleum Exporting Countries (OPEC) effective January 1, 2019.  Read More

THE rate at which e-fraud is happening in Nigeria is alarming. Read more

Following its application to operate as a national bank, Diamond Bank Plc yesterday announced that it had received the approval of the Central Bank of Nigeria (CBN). Read more

The Central Bank of Nigeria (CBN) has increased its foreign exchange injections for Bureau De change (BDCs). Read more  

Governor, Central Bank of Nigeria, CBN, yesterday said that individuals and organisations found  circumventing the foreign exchange restriction placed on the 41 items will be banned from operating bank accounts in the country. Read more

It contains a forecast of the next 5 years, starting 2018 and ending 2023 with a host of metrics like supply-demand ratio, SAMe market frequency, dominant players of SAMe market, driving factors, restraints, and challenges. Read more

NEW YORK (Reuters) – Global oil markets are nervously eyeing OPEC’s upcoming meeting for clarity on future supply as the dust settles after a full-fledged rout in crude markets over the last several weeks. Read more

Nigeria’s importation of refined petroleum products rose by  five percent  to 5.56 billion litres in the third quarter of 2018, Q3’18, from   5.3 billion litres recorded in the Q2’18. Read more

BRUSSELS (Reuters) – Consumer agencies in the Netherlands, Poland and five other European Union countries asked privacy regulators on Tuesday to take action against Google (GOOGL.O) for allegedly tracking the movements of millions of users in breach of the bloc’s new privacy law. Read more

Investors in the equities market have turned to insurance stocks as they snubbed those of oil, banks, consumer goods and industrial sector on Tuesday. Read more

WorldStage Newsonline– Nigeria’s Minister of State for Petroleum Resources, Dr Ibe Kachikwu has raised hope that three modular refineries, out of 40 licenses issued would likely come on stream by end of 2019. Read more

Nigeria plans to upscale its financial services sector with the issuance of licences to payment services banks as part of efforts to deepen access to finance and drive economic growth. Read more