Business

Germany seizes Russian-owned refinery amid energy crisis

The German subsidiary of Russian oil giant Rosneft was on Friday placed under trusteeship, giving Germany’s federal regulator control of…

4 years ago

NCAA suspends Azman Air over N1.2bn debt, security clearance

For failure to remit N1.2 billion Ticket Sales Charge (TSC) it collected from passengers, the Nigerian Civil Aviation Authority (NCAA)…

4 years ago

El-Rufai presents C of O to Sheikh Gumi, Kawo market traders

Governor Nasir El-Rufai of Kaduna on Thursday presented Certificates of Occupancy to traders of the remodelled Sheikh Abubakar Mahmud Gumi…

4 years ago

Queues, chaos force Airport CEO to resign

After months of chaos at Schiphol Airport in Amsterdam, the airport’s chief executive, Mr. Dick Benschop, has resigned. The airport…

4 years ago

Senate lauds Dangote-Sinotruk as firm targets 10,000 trucks annually

Chairman, Senate Committee on Industry, Tokunbo Abiru, has commended Dangote Sinotruk West Africa for its impressive commitment to Nigeria’s economic…

4 years ago

Nigeria’s inflation rate rises to 20.52%

Nigeria’s inflation rate has surged to 20.52% in August 2022, according to the National Bureau of Statistics (NBS). The headline…

4 years ago

Port Harcourt refinery to start production by December – FG

The Federal Government has given assurances that the ongoing rehabilitation of the nation’s ailing refineries would soon be completed. Specifically,…

4 years ago

FIRS boss: Tax credit scheme, one of FG’s greatest innovations

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has described the Road Infrastructure Tax Credit Scheme…

4 years ago

Nigeria to benefit from U.S. $12bn climate fund

Nigeria has been included among the beneficiaries of the United States $12 billion Emergency Programme for Adaptation and Resilience. The…

4 years ago

NEITI: FG recovers N2.6trn from oil firms, $2.6bn outstanding

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said oil and gas companies in the country owe the Federal Government…

4 years ago

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