Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said. The DMO on its portal on Sunday listed a number of foreign loans that were to be disbursed as...
Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. It was gathered that some filling stations in Lagos and Ogun states increased the pump price of petrol to N170 per...
Emirates Airlines has extended the ban on passenger services from Nigeria (Lagos and Abuja) to Dubai until March 10 2021. It said travellers from both Abuja and Lagos would not be accepted for travel prior to the date, according to...
The inter-ministerial committee on the disposal of assets forfeited to the federal government, has commenced the process of selling final forfeited assets in 25 locations across the country. Dayo Apata, chairman of the committee, made this known on Tuesday...
The Minister of State for Petroleum Resources, Timipre Sylva, has said asking oil companies to relocate to the Niger Delta without addressing the security concerns will only escalate Nigeria’s cost of crude oil production. Sylva said this on Monday in...
Leading commercial bank, Sterling Bank PLC has declared open for public use SABEX, its newly enhanced agriculture commodities platform in Nigeria. SABEX, first introduced in 2018, is the world's first fully digitised, end-to-end blockchain commodities trading and financing platform, built...
The President Muhammadu Buhari, on Thursday, signed the 2021 Appropriation Bill into law. The brief signing ceremony was done inside the President’s office at the Presidential Villa, Abuja. The National Assembly had last Monday passed N13.58trn budget for the next...
What are your plans starting from this festive season? Its a festive period and everyone is getting pumped and already creating a good time and having super fun with family and friends. That is why Orinoco has gone extra mile...
The Board of Union Bank Nigeria Plc announces today that, after eight years leading the Bank, its Chief Executive Officer, Emeka Emuwa, has communicated his decision to retire from the Bank and his role as CEO on March 31,...
Importers, clearing agents, truck owners and other operators at the Apapa and Tin Can Island Ports in Lagos have cried out against alleged extortion by security officials at the facilities. Some of the operators who spoke with PREMIUM TIMES on...
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