Five Oil wells have caught fire has huge explosion occurred in Ajegunle Ikorigho oil-rich community in Ondo state. Zebra News learnt that the oil field named ‘Ojumole’ located in Ikorigho land has Ojumole-Ikorigho, Isan-West and Isa field, Parable field, Malu...
Olam International Limited, a Singaporean agro-allied company, on Tuesday offered to acquire Dangote Flour Mill (DFM) Plc in a bid worth N130 billion. Dangote Flour Mills, in a notice to the Nigerian Stock Exchange (NSE), said the total consideration offered...
Muhammadu Buhari yesterday said that apart from the focus of his administration on security, economy and war against corruption, his second term administration would pay greater attention to education and health. President Buhari who said this while receiving members of...
MTN Nigeria has changed its status from a private company to a public liability company (PLC) ahead of its listing on the Nigerian Stock Exchange. This conversion is one of the requirements for listing on the bourse. Speaking on the conversion,...
President Muhammadu Buhari on Tuesday met with the President of the African Development Bank, Dr Akinwumi Adesina, at the Presidential Villa, Abuja. Adesina, a former Minister of Agriculture and Rural Development, arrived at the villa at about 2.45 p.m. and...
President Muhammadu Buhari has disclosed what he told the Emir of Qatar, Sheikh Tamim bin Hamad Al-thani, during their closed door meeting at the state house. In a statement issued by Mr Femi Adesina, President’s Special Adviser on Media and...
The Minister of Finance, Mrs Zainab Ahmed, has said that Nigeria’s debt which currently stands at about N24.3tn is still within sustainable limit. She said that the country’s debt, which is about 19 per cent to the Gross Domestic Product,...
Emmanuel Ibe Kachikwu, the minister of state for petroleum, says he lost about six kilogrammes in weight when they tried to remove subsidy on petroleum products in 2016. Speaking on Hard Copy, a programme on Channels TV, the junior minister...
A new report by Economic Confidential, Nigeria’s intelligence economic magazine, has disclosed that the Federal Government, 36 states and the 774 Local Government Councils (LGCs) in Nigeria shared a total of N8 trillion from the Federation Account in 2018...
Zainab Ahmed, minister of finance, says while government borrows to deliver on its promises, it is also mindful of rising debt burden, which eats up about 25 percent of the country’s annual earnings. Ahmed said this in an interview with...
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