Ebun Francis| Contrary to reports making the rounds that NNPC officials sold 48 million barrels of oil to China in 2015, the Nigerian oil giant on Friday dismissed the reports…
Read More NNPC: ”It is impossible to ship 48 million barrels of crude oil to China from Nigeria without any record”Category: Economy
FBN Holdings posts 56.65% growth in profit in 6 months
FBN Holdings Plc on Wednesday announced Profit After Tax (PAT) of N49.5 billion for the six months that ended June 30. The PAT represented an increase 56.65 per cent when…
Read More FBN Holdings posts 56.65% growth in profit in 6 monthsProbe of Chinese railway loan may derail rail projects – Amaechi
Yusuf Bello| Nigeria’s minister of transportation and former governor of oil-rich Rivers state on Wednesday appealed to the National Assembly not continue wits its probe of the Chinese government-backed $500…
Read More Probe of Chinese railway loan may derail rail projects – AmaechiWhy Nigeria exports electricity to Benin, Togo – Presidency
The Presidency has explained that Nigeria exports power to neighbouring countries in order to prevent the damming of water that feeds the nation’s major power plants. A national newspaper had…
Read More Why Nigeria exports electricity to Benin, Togo – PresidencyNigeria expecting $200m from Netherlands, Switzerland – Malami
Yusuf Bello| Nigeria is awaiting the return of $200million from the Netherlands and Switzerland, Abubakar Malami, the attorney general of the federation said on Tuesday. Malami who made the disclosure…
Read More Nigeria expecting $200m from Netherlands, Switzerland – Malami
