x

CATEGORY

Business and Economy

Lekoil in Trouble After Falling Victim to Suspected Scam

Jennifer YusufAfter falling victim to an alleged scam, Lekoil Ltd. sank to a record low in London trading leaving the future of the Nigerian oil project in danger.A loan deal concluded earlier this month is no longer valid, the company said, claiming individuals claiming to be from...

Reaction Trails Twitter As Buhari Increases VAT To 7.5%

Jennifer Y OmiloliA number of Nigerians on social media reacted to the 7.5 percent increase inVAT signed by President Muhammadu Buhari.It means that the Value...

MTNN appreciates further on NSE, amid revenue tax reprieve

The nation’s bourse resumed trading for the week on Monday still on a bullish trend following investors’ interest in MTN Nigeria Communication due to...

7.5% VAT Increase Takes Effect As Buhari Assents To Finance Bill

Williams Anuku Abuja Indications emerged on Monday, that all is now set for the 7.5percent Value Added Tax policy of the federal government to take full...

Oil steady as fears over U.S.-Iran conflict ease

Oil prices held steady on Monday as fears of war between the U.S. and Iran eased, with investors shifting their focus to the expected signing of an initial U.S .- China trade deal this week, which could boost growth and demand.Brent crude LCOc1 was up 1 cents at $64.99 per barrel at 0737 GMT while West Texas Intermediate (WTI) crude CLc1 was up 5 cents from the previous session at $59.09 per barrel.Oil prices surged to their highest in almost four months after a U.S. drone strike killed an Iranian commander and Iran...

Russia shows interest in Nigeria’s energy industry

Russia has announced plans to strengthen bilateral cooperation with Nigeria through partnerships to develop the energy sector of Nigeria.Alexey Shebarshin, the Russian ambassador...

NIGERIA’S TOP COMPANIES:JULIUS BERGER, OTHERS RATED HIGHLY IN ASSETS, PERFORMANCE, REVENUE, PROFITS

Jennifer Y OmiloliJulius Berger Nigeria Plchas been ranked in the upper Top 100 Nigerian companies in terms of assets, revenue and profits in fiscal year 2018. Alongside...

EEDC moves to ensure improved bill payment in S/East

The Enugu Electricity Distribution Company (EEDC), has launched a community empowerment programme meant to ensure 100 per cent monthly collection of bills in communities...

Border closure: NPA promises movement of cargoes to Eastern ports

The Nigerian Ports Authority (NPA) has said that it hoped to see more cargoes moving down to the Eastern port this year.The General Manager...

8m farmers to benefit from 16,000 geo-clusters scheme -NIRSAL

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) says eight million farmers will benefit from its 16,000 Geo-Clusters Scheme across the country.Mr...

Latest news

- Advertisement -