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Nigeria oil output 1.6-1.7 million bpd, in line with OPEC cut – NNPC

Nigeria is producing 1.6 million – 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian National Petroleum...

Border closure: ECOWAS countries reject Nigerian goods

Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses...

Lagos secures $629 million for Lekki Deep Seaport development

Lagos State Governor, Babajide Sanwo-Olu on Sunday disclosed that the state government has secured financial closure worth $629 million for the development of the...

SEC says FMDQ brings healthy competition in capital market

The acting Director General of the Securities and Exchange Commission (SEC) Mary Uduk has commended FMDQ Securities Exchange Plc on its achievements so far,...

Sanwo-Olu draws curtain on 2019 Lagos International Trade Fair

Lagos State Governor, Babajide Sanwo-Olu, on Sunday declared the 2019 Lagos International Trade Fair closed, assuring investors that the government would continue to create...

Nigeria, Russia to sign business agreement on pre-paid metres production

The Abuja Chamber of Commerce and Industry on Friday said that Nigeria and Russia would sign a Memorandum of Understanding on production of pre-paid...

NPA Boss pledges effective service delivery in ports

The Managing Director of the Nigerian Ports Authority (NPA), Ms Hadiza Bala-Usman, has given an assurance of the agency’s determination to ensure effective service...

Taraba petrol marketers record 90 per cent compliance to regulations – DPR

The Department of Petroleum Resources (DPR) has said that petroleum marketers in Taraba have attained 90 per cent compliance to the petroleum downstream regulations. The...