Thursday, July 18, 2019
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SON to destroy N38m substandard roofing sheets.

The Standards Organisation of Nigeria is set to destroy N38m worth of substandard roofing sheets found in a Lagos warehouse. This is coming a week...

Oil firms flared $ 2.5b worth of gas

Oil producing companies in Nigeria have flared gas worth $2.5billion (N875billion) in the last one year. The firms include the International Oil Companies (IOCs), Independent...

AFCFTA ‘ll be world’s largest free trade area says AfDB

African Continental Free Trade Area (AFCFTA) will constitute the world’s largest free trade area, consolidating an integrated market of 1.3 billion consumers with combined...

NERC to guard against misuse of $4.7 b cash

THE Nigerian Electricity Regulatory Commission (NERC) will guard against the misapplication of the $4.7 billion being proposed for the capitalisation of electricity Distribution Companies...

FG removes VAT on Cooking Gas.

The removal of Value Added Tax (VAT) on liquefied petroleum gas (LPG), also called cooking gas, produced in Nigeria, has been of major concern...

Oil prices drop three per cent to $ 70

Oil futures sank yesterday as an unexpected build in United States (U.S.) crude stockpiles compounded investor worries that a prolonged trade war between Washington...

Equities decline with N51b loss

The bearishness at the stock market exacerbated yesterday as continuing selloffs across the sectors left the market with a net capital depreciation of N51...

Emefiele: Policy saboteurs will no longer be spared .

Saboteurs of economic policies will find their match in the Central Bank of Nigeria (CBN), should Governor Godwin Emefiele get the Senate’s all-clear for...

Senate committee on banking and insurance to screen Emefiele.

Anambra State Governor Willie Obiano yesterday hailed President Muhammadu Buhari for recommending the retention of Godwin Emefiele as the Governor of Central Bank of...

FG loses N52bn to illegal iron, steel importation yearly –MAN group.

The Federal Government loses about N53bn per annum to the illegal importation of iron and steel products, the Galvanised Iron and Steel Manufacturers Association...
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