UgamatvKano-Niger Republic rail: FG signs contract with firm
The Federal Government on Monday signed the contract papers for work to begin on the Kano-Maradi, Kano-Dutse railway project. Minister of Transportation, Chibuike Amaechi, disclosed this today, adding that the contractor,…
Capitol riot: Buhari asked to place travel ban on Trump
Nigeria’s President, Major General Muhammadu Buhari (retd.), has been asked to place a travel ban on the President of the United States of America, Donald Trump, over his role in…
Tochukwu Chukwu
- Business , News
- January 11, 2021
- 151 views
Billionaires list: Dangote loses $900m in 24 hours
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his flagship company emerged the biggest loser at the end of…
- Business , News
- January 11, 2021
- 136 views
#EndSARS: N2.5bn lost to 95-day Lekki tollgate closure
The Lagos State Government has lost at least N2.5bn in projected revenue due to the closure of the Lekki toll plaza and the Ikoyi Link Bridge toll plaza in the…
- Business , News
- January 11, 2021
- 146 views
Stock market loses N80bn in first trading week
Trading activities on the floor of the Nigerian Stock Exchange closed with a loss of N80bn at the end of the first trading week of 2021. The NSE All-Share Index…
- Business , News , Politics
- January 11, 2021
- 114 views
Oil nears $56, FG may reintroduce fuel subsidy
The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears…
- Business , News
- January 10, 2021
- 180 views
Oilfield bid round: FG to earn N7.9bn from 161 finalists
The Federal Government is estimated to generate a total revenue of N7.9bn from the 161 companies shortlisted to advance to the final stage of the marginal fields bid round launched…
- Business , News
- January 9, 2021
- 172 views
Oil revenue gets boost as price hits $55
The international oil benchmark, Brent crude, extended its gains on Friday, rising above $55 per barrel, in what is a potential boost to Nigeria’s crude oil export revenue. Brent crude,…
- Business , News
- January 7, 2021
- 146 views
Nigeria, others’ll lose $1tn oil revenue in 20 years – PwC
Nigeria and other African oil-producing countries will lose an estimated N1tn in oil export revenues over the next 20 years as prices are forecast to remain low, a new report…
- Business , News
- January 6, 2021
- 153 views
Poor investments, low revenues, others threaten Nigeria’s 2021 growth – World Bank
The World Bank has said that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1 per cent in 2020. It also said…
