Brazil now highest buyer of Nigeria’s crude

Brazil has overtaken India as the largest buyer of Nigeria’s crude oil, spending $990.09 million, about N158.414 billion on the purchase of crude oil from Nigeria.

Forte Oil : Rise and rise of an oil giant

This report, looks at how witty investments shoot up the fortune of Forte Oil. Oil and gas operators’ jubilation over Forte Oil’s inclusion in Morgan Stanley Capital

Tony Elumelu donates N100m to help fight Ebola

Chairman of Heirs Holdings and  one of Africa’s most influential business leaders, Tony Elumelu has joined the growing lists of Nigerian billionaires who have...

Afrinvest’s NIDF dividend exceeds estimate by 68.6%

Afrinvest Asset Management Limited says its interim dividend for the Nigerian International Debt Fund investors has surpassed the estimated figure by over 50 per...

Strides Energy boss lauds FG over implementation of local content

Managing Director/Chief Executive Officer of Strides Energy and Maritime Limited, Mr. Moritz Abazie, has lauded the Federal Government over the implementation of the Nigerian...

FG Earmarks N33bn Credit Line

CBN, banks agree to defray PHCN N25bn gas-related debt Emefiele wants rich Nigerians to pay more for electricity services

Uquo JV to Boost Power Generation with Akwa Ibom Gas Facility

Frontier Oil Limited and Seven Exploration and Production Limited, the Uquo Joint Venture partners, have finalised arrangements for the official inauguration of the Uquo...

Japanese envoy for LCCI business forum

The Chief Representative of the Japanese International Cooperation Agency, Mr. Tetsuo Seki, is to feature as guest speaker at the Business Forum of the...

Nigeria records N2.43trn trade surplus in Q1

Nigeria recorded a trade surplus of N2.42trn in the first quarter of the year as exports rose 14.2 per cent to N3.96trn compared with...

Lubricant producers petition Okonjo-Iweala over failure to implement new tariff

Lubricants Producers Association of Nigeria (LUPAN) has petitioned the Coordinating Minister for the Economy/Minister of Finance Dr. (Mrs.) Ngozi Okonjo-Iweala and the Comptroller General...

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