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The Federal High Court sitting in Lagos has granted Union Bank Plc. an interim order of Injunction restraining Swift Networks Limited and its agents from accessing funds and assets in all banks pending the determination of a Motion on Notice in an…
The Nigerian National Petroleum Company Limited (NNPCL), has shifted the delivery date for the $700m Obiafu-Obrikom-Oben gas pipeline project (OB3), from March 2024 to August.
The company’s Chief Corporate Communications Officer, Olufemi Soneye revealed this in a statement over the weekend.
According to the…
Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria, said consumer credit jumped by 12 per cent to approximately ₦3.9bn in January 2024, riding on the back of majorly heightened inflation.
According to…
The Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria, of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals.
Speaking to a group of Energy Editors at a…
Minister of Solid Minerals Development, Dele Alake says the solid minerals sector and the National Gold Purchase programme will increase the country’s reserve and boost the naira’s value.
He stated this when he presented the latest gold bar sourced from artisanal and small…
Former Council Chairmen of 21 out of the 23 Local Governments Area (LGA) in Rivers State on Monday staged a protest at their various council areas.
In Buguma, council headquarters of the Asari-Toru LGA, former Chairman Onengiyeofori George, alongside his supporters marched through…
The Kano State Police Command has deployed more armed personnel to the two palaces housing the contending emirs in the metropolitan local government areas of Kano.
It was gathered that the hunters guarding the two palaces withdrew with the arrival of more policemen…