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All six General Managers of Addax Petroleum Development Nigeria Limited,have “voluntarily” disengaged their services from the firm. Although their disengagement is yet to be announced officially by management, a source close to the…
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The Nigeria Customs Service (NCS) yesterday released its 2018 operational statistics, saying it recorded 5,235 contraband seizures with Duty Paid Value (DPV) of N61,543,633,401.31. The Service also said it generated…
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President of Nigeria Football Federation (NFF), Amaju Pinnick has denied reports that he has been placed on a travel ban by the Federal government. Pinnick, who serves as the 1st vice president of CAF and an executive committee member…
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The Nigerian foreign reserve, in 2019, has recorded the highest opening in six years. According to the latest figures from the Central Bank of Nigeria (CBN), as collated by TheCable, the country’s reserves opened at $43,075,740,908…
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The National Executive Council of the Host Communities of Nigeria (HOSCON), a Niger Delta group representing oil-producing areas, has urged the federal government to begin the payment of gas flare penalties directly to the affected…
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The Central Bank of Nigeria (CBN) on Friday made its first intervention in the inter-bank sector of the Foreign Exchange (FOREX) market for 2019 with a sum of 210 million dollars. The CBN Director, Corporate Communications, Isaac…
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President of the Federal Republic of Nigeria, Muhammadu Buhari has ordered the prosecution of the President of the Nigerian Football Federation, NFF, Amaju Melvin Pinnick, over an alleged multi-billion scam in the organisation. It was…
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For the first time in 2019, crude oil price, yesterday rose from $56.00 to $58 in the international market, as Saudi Arabia cuts output by 500,000 barrel per day, bpd. Specifically, the price of many light crudes, including Nigeria’s…
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Oil prices tried for their fifth straight gain on Friday as stocks looked to get a bounce from renewed trade talks set for next week between the U.S. and China. Gains Thursday came as separate surveys revealed monthly declines in crude…
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The management of MRS Oil Nigeria Limited on Friday announced that it has changed the location of its corporate headquarters in Lagos. The new development was communicated to the Nigerian Stock Exchange (NSE) in a disclosure notice…
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