The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a profit of N2.548 trillion in 2022, the highest within 47 years of the National pil company’s existence. This was disclosed in its 2022 Financial Performance Report posted online. In…
The Nigerian Naira has continued to decline, reaching over N1,000 per dollar for the second time in 2024 on the official foreign exchange market. According to data from the FMDQ Exchange, the Naira fell to 1,089.51/$ on Tuesday from 856.57/$…
The presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar, has commended President Bola Tinubu on the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu. In a statement by his Special Assistant, Public Communication, Phrank…
…Vows to investigate ‘anyone’ found culpable In view of President’s Tinubu swift response to the alleged financial misappropriation rocking the Humanitarian Affairs Ministry, the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede has stated that the…
In a move to cut down on the cost of governance, President Bola Tinubu has ordered the Office of the Vice President and all Ministries, Departments and Agencies (MDAs) to cut down on all official travel, domestic and international trips…
By Late Prince (Dr) Samuel Ibiyemi Founding Publisher, Nigerian NewsDirect First published: December 12, 2011 My fellow country men, it is time for Nigeria to have an angry President. This was my statement in Doha immediately it was time for…
In line with his agenda to make Ogun State an hub for economic activities, the State Governor Prince Dapo Abiodun has sought the approval of the Federal Government for the operation of the Remo Economic Zone as a Free Trade…
Access Holdings Plc and the First Bank of Nigeria Holdings have crossed N1 trillion market capitalisation at the close of Tuesday’s trading on the Nigerian Exchange Limited. They become the second and third lenders to achieve this feat in two…
The Nigerian Content Development and Monitoring Board (NCDMB) has assured the National Insurance Commission (NAICOM) of its willingness to implement the insurance services regulations jointly issued by both agencies in June 2022, to get Nigerian oil and gas companies to…
…We detained him with a valid court order — EFCC A High Court sitting in the Federal Capital Territory (FCT), Abuja has awarded N100 million damages to the suspended former Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele. Justice…
