Business

Because of illiquidity in the market, companies are borrowing short term funds, an official says.

AITEO is a major player in the upstream sector of Nigeria’s oil industry.

The satellite TV provider says it will give more than 70 channels.

“Another N6 billion is expected to be paid before the end of December."

The FIRS says it will take legal step to recover tax liabilities of owners.

Bitcoin is a cryptocurrency and controversial worldwide digital payment system.

October reserve was $42.5 billion.

The substantive DG of the Commission, Mounir Gwarzo, is currently on suspension for alleged corruption

The ministry asks BUA to stop work.

“While traffic is growing, passengers load factors for African airlines are just over 70 per cent.”

The lawmakers increased the oil benchmark beyond the executive’s proposal.

The SEC letter to Wale Tinubu was signed by Abdul Zubair, the Acting Director General of the commission.

Mrs. Adeosun ordered the suspension of Mr. Gwarzo and two others based on corruption allegations against them

The Moody’s report states that Nigeria would need to seek additional sources of revenue from the non-oil sector.

“With the deal, Nigerians in need of seamless supply of cement from Dangote can now place order and pay online."

The NNPC says it has enough stock of fuel products.

Until his appointment, Mr. Zubair was the Director in charge of External Relations in the Commission.

While Nigeria intensifies search for oil, the developed world is preparing for a future without crude.

The minister says Nigeria is expected to produce about 1.8 million BPD.

The ruling directs the BPE to reinstate BFIG as winner of the ALSCON bid.

Both Nigeria and Libya have been exempted from cuts due to unrest and lower-than-normal production.

Controversial meetings preceded the suspension of Mr. Gwarzo.

The decision could affect Nigeria’s 2018 budget proposals.

The official also acknowledges the positive impact of the tax amnesty programme.

Several allegations of financial impropriety were levelled against the Director-General.