Business

Minister: Nigeria loses 400,000 barrels daily to oil theft

Nigeria is losing 400,000 barrels of crude daily through oil theft, Minister of State for Petroleum Resources, Timipre Sylva, has…

4 years ago

Confusion over sales of Exxon Mobil assets to Seplat

Despite approval given by President Muhammadu Buhari authorising the sale of assets of Exxon Mobil to Seplat, the regulatory agency…

4 years ago

Dark clouds over Nigeria’s economy

By DAKUKU PETERSIDE Rome is burning, and Emperor Nero and Roman elites are busy revelling in gladiator rendezvous and despicable hocus-pocus…

4 years ago

Jaiz Bank records 27.6% profit rise in 6 months

Jaiz Bank Plc has announced its unaudited results for the six months which ended on June 30, 2022, with a…

4 years ago

Pfizer to buy Global Blood Therapeutics in $5.4bn cash deal

United States pharmaceutical maker, Pfizer, and biopharmaceutical company, Global Blood Therapeutics (GBT), on Monday, agreed that Pfizer would acquire GBT…

4 years ago

LIRS, Deloitte partner on tax transparency with whistle-blower

The Lagos State Internal Revenue Service (LIRS) has said its whistle-blower initiative would deepen transparency, and accountability and uphold a…

4 years ago

Polaris Bank speaks on purported N40bn sale

The management of Polaris Bank has opened up on the purported sale of the bank to a businessman for N40…

4 years ago

TETFund loses N60bn revenue

The Tertiary Education Trust Fund (TETFund) says it has faced revenue shortage in its coffers this year. TETFund Executive Secretary,…

4 years ago

PenCom pays N326bn as retirement benefits in 2021

The National Pension Commission (PenCom) says it has paid N326.32 billion as retirement benefits in 2021. This was disclosed via…

4 years ago

FEC okays $2.59bn for Badagry Seaport, targets $53.6bn revenue

The Federal Executive Council (FEC) has approved $2.59 billion for the development of Badagry Deep Seaport in Lagos State. Minister…

4 years ago

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