PROMASIDOR Nigeria Limited, PNL, has appointed Mr. Anders Einarsson as Managing Director. He succeeds Mr. Olivier Thiry, who is now elevated to the Group...

The Federation Account Allocation Committee, FAAC, has allocated a sum of N652 billion to the three tiers of government last month from the revenue...

A Federal High Court sitting in Lagos has ordered the interim forfeiture of 56 properties allegedly bought by a former Minister of Petroleum Resources, Diezani...

French oil giant Total said Monday that it would buy Maersk Oil, a unit of the Danish shipping giant A.P. Moller-Maersk, for $7.45 billion. The...

President Muhammadu Buhari has said the federal government would not tolerate separatist movements and inflammatory statements that threaten Nigeria unity and stability. “Nigeria’s unity is...

Nigeria's interbank overnight lending rate fell sharply on Friday to an average of 12 per cent from around 60 percent a week ago after...

The management of Lagos University Teaching Hospital (LUTH) has discharged the three patients admitted for Lassa fever after they tested negative to the virus. Chief...

The Nigerian National Petroleum Corporation (NNPC) said yesterday that the country has saved a minimum of $3billion per annum by cutting the cost of...

The telecoms sector has attracted $68billion   to the economy in Foreign Direct Investment (FDI), the Nigerian Communications Commission (NCC) said yesterday in Lagos. Besides, the sector’s...

The President of the Senate, Dr Bukola Saraki, yesterday confirmed that he had reduced the number of aides working in his office. Saraki's special adviser...