By our reporter| As the debate rages over the decision of the federal government to approve the sum of N1.5 billion for rehabilitation of the Port Harcourt refinery, the founder…
Read More PH refinery incurred N47bn expenses, generated zero revenue in 2019, Says Atedo Peterside
By our reporter| President Muhammadu Buhari on Thursday in Abuja said a new basic chemicals platform worth $1.3b that will produce ammonia and fertilizers in Nigeria will be ready for…
Read More New $1.3bn Fertilizer Plant ready in months – Buhari
By our reporter| Between N100 billion and N120 billion is paid every month to subsidise Premium Motor Spirit (PMS), also known as petrol, the Nigerian National Petroleum Corporation (NNPC), said…
Read More Nigerians would pay the actual cost for petrol sooner or later-NNPC
Ecobank Group on Tuesday said it recorded a revenue of N641.8 billion for the year ended December 31, 2020. The figure represents a nine per cent increase compared with N586.9…
Read More Ecobank Group posts N641.8bn revenue
By our reporter| The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to retain the monetary policy rate at 11.5 percent. Nigeria’s CBN Governor,…
Read More Why we retained monetary policy rate at 11.5% – Emefiele