MTEF: Divergent views trail proposed 2016 budget
The recently approved Medium Term Expenditure Framework (MTEF), which has a provisional budget proposal of N6trillion for 2016, has continued…
NUPENG blames security agents, others for continuing fuel supply hitches *vows to resist subsidy removal without TAM on refineries
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has blamed the lingering fuel scarcity in parts of the…
CBN to sell N1.2trn treasury bills
The Central Bank of Nigeria (CBN) will raise a total of N1.22 trillion from sale of treasury bills between December…
Dangote set to reacquire 80% stake in Tiger Brands with fresh N10b
Dangote Industries Limited (DIL) has come to the rescue of Tiger Branded Consumer Goods Plc (TBCG), formerly Dangote Flour Mills…
NSE index drops 0.84% as Skye Bank, Transcorp, Etranzact shed weight
Equities transactions on the Nigerian Stock Exchange continued on a negative move Tuesday, December 15, as key indicators depreciated by…
Rivers Guber: Appeal Court sacks Wike, orders fresh poll
The Court of Appeal, Abuja has affirmed the judgment of Rivers Governorship Election Tribunal that nullified the election of the…
PTML boss appeals to Amaechi on auto policy
Managing Director, PTML Terminal, Ascanio Russo has raised fresh concerns over the diversion of Nigeria-bound vessels laden with vehicles to…
Court jails 9 foreign nationals for oil theft, confiscates ship
Five Filipinos, Axel Joseph Gibo Jabone, Juanito Camireno Infantado, Suarin Fernado Alave, Gatila Jaypee Gadayan and Rolando Jose Commendador as…
Oyo Customs generates over 13bn in 11 months
The Oyo/Osun Command of Nigeria Custom Service has said that it generated over N13billion between the months of January and…
Buhari to present 2016 proposed budget to Senate next Tuesday
All is set for President Muhammadu Buhari to present the 2016 budget proposal to the National Assembly on Tuesday, December…