FG, state, council revenue falls by N80b

The Federal, States and Local Governments shared N558.082 billion in October, N80 billion less than the N637.704 billion revenue shared in September,  Ahmed Idris, the Accountant-General of the Federation has said. Idris made this known […]

CBN Releases Fresh $195m Into FX Market

The Central Bank of Nigeria (CBN) on Monday, injected the sum of $195million into the inter-bank Foreign Exchange Market. Details of the new release showed that $100million was offered to authorized dealers in the wholesale […]

Ntel, MTN, Airtel, 13 Other firms bid for 9mobile

16 firms have submitted expressions of interest (EoIs) to Barclays to bid for Nigeria’s fourth largest network operator, 9mobile THISDAY reports. Companies that have expressed interest in 9mobile, which until recently was Etisalat Nigeria Limited, […]

NNPC, Exxonmobil Move To Improve Crude Oil Production

The Nigerian National Petroleum Corporation (NNPC) and its upstream joint venture partner, ExxonMobil, are seeking new measures to expand existing operational portfolio with a view to increasing crude oil production and availability of gas for […]

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