Thursday, August 6, 2026
Rivers Gov’t faults Debt Management Office over high indebtedness
…says paid inherited N15.845bn owed in 2015 …Econ. Confidential lists state’s total debt at N253.772bn Rivers state government has faulted...
Read moreDetailsOil slumps 4% on U.S. inventory build, equity rally caps losses
Oil prices resumed their slide on Wednesday, with West Texas Intermediate crude futures (WTI) dropping more than 4% after U.S....
Read moreDetailsGuidelines on LG funds takes off, as workers applaude FG
After the failure of state governors to stop the take-off of the guidelines issued by the Nigeria Financial Intelligence Unit...
Read moreDetailsFG begins 2020 budget preparation, warns against inflating personnel cost
The federal government has commenced the process for the preparation of the 2020 budget with a directive to Ministries, Departments...
Read moreDetailsNigeria imports 47% of LPG from US, India, others
Nearly half of the liquefied petroleum gas, also known as cooking gas, consumed in the country in the first three...
Read moreDetailsInsurance firms to rely on M&As, FDI to meet NAICOM new capital requirement — Analyst
By Samson Echenim Turning to the mergers and acquisitions (M&As) option is inevitable for most insurance firms to remain...
Read moreDetailsNNPC conceals outcome of Gongola oil search 120 days after
The Nigerian National Petroleum Corporation (NNPC) has failed to announce results of drilling activities at the spud-in of Kolmani River-II...
Read moreDetailsProfit-taking heightens as market plunges by N63b
Rising profit-taking impact negatively on transactions at the Nigerian Stock Exchange (NSE), occasioned by losses suffered by some bellwethers, causing...
Read moreDetailsOil falls to lowest since January on economic slowdown
Oil prices fell on Tuesday to their lowest since January on signs that an economic slowdown is starting to dent...
Read moreDetailsUK seizes fresh £211m Abacha ‘loot’
The British crown dependency of Jersey has seized £211 million said to have been laundered from Nigeria by former head...
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