Thursday, June 18, 2026
Nigeria president appoints junior oil minister to head new petroleum law committee
By Onome Amuge Nigeria’s President Muhammadu Buhari has appointed his junior petroleum minister, Timipre Sylva to head a nine-member...
Read moreDetailsDangCem, Honyflour, FBNHolding drive rally on NGX as share prices rise
Buy sentiments pervaded the local bourse on Tuesday as market investors began repricing risk on equity assets given the latest...
Read moreDetailsNaira steady at N515/$1 as T-bills, bonds stay bullish ahead bond auction
FX Market The Nigerian Naira stayed calm at N515 per dollar for the fifth consecutive day in the parallel market...
Read moreDetailsNigeria records slower inflation growth in July to 17.38%, says NBS
By Charles Abuede & Onome Amuge Easing further by 0.37 basis points for the fourth consecutive month to 17.38...
Read moreDetailsNigeria’s 2022 budget has inbuilt N4.89trn deficit finance borrowing
Finance minister says looking at internal, external sources Nigeria’s proposed budget for fiscal 2022 has an inbuilt deficit...
Read moreDetailsNNPC to support NLNG quest to become global LNG choice company
With $7bn Train 7 construction underway Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC),...
Read moreDetailsRivers moves swiftly with new law for VAT collection as FIRS appeals ruling
Move could potentially push other states into seeking VAT haul-in Smarting from a legal victory over the authority...
Read moreDetailsOil prices rise but weak demand persists
By Onome Amuge Oil prices posted gains on Tuesday after declining for three consecutive sessions, but industry watchers are...
Read moreDetailsOPEC sees PIB boosting Nigeria’s oil reserves to 40 billion barrels
By Onome Amuge The Organisation of Petroleum Exporting Countries (OPEC), has raised optimism that Nigeria, the world’s 11th highest...
Read moreDetailsTaxation, legal experts weigh in on Rivers’ VAT judgement
Oppressive, inequitable, inappropriate, laws that gave FIRS such powers Violates extant laws in force at time of ruling Want...
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Economic carnage of misusing ex parte orders in Nigerian courts