Nigeria: Forte Oil PLC's Profit After Tax Hits N5.3bn in Nine Months

Shareholders of Forte Oil Plc are to witness bounteous harvest at the end of the current financial year given its nine months results ended September 30, 2019. The petroleum… Read more »

Nigeria: OPS Mulls Measures to Overcome Constraints - AfCFTA

Members of the Organised Private Sector (OPS) have stated that a lot still needs to be done to enable Nigerian manufacturers to maximise the benefits offered by the African… Read more »

Nigeria: Buhari Seeks More U.S. Capital for Infrastructure

President Muhammadu Buhari has met with the United States' Treasury Secretary, Steven Mnuchin, to request for additional capital from the US development finance institutions to… Read more »

Nigeria: Employees Can't Dictate How Salary Will Be Paid, Ngige Insists

As the country braces up to the challenge of a looming industrial action in public-owned universities over implementation of the Integrated Payroll and Personnel Information System… Read more »

Ghana: Ghana Plans to Ban Rice, Poultry Imports

Rice importers would be ordered to cease their trade in three years if everything goes as planned, Ghana's Agric Minister, Dr. Owusu Afriyie-Akoto, has said. Read more »

Nigeria: Obaseki's Job Creation Drive - Edo Govt, Edobits Academy Commence Year-Long IT Training for 50 Youths

The Edo State Government Skills Development Agency (EdoJobs) in collaboration with EdoBits Academy has commenced a one-year Information and Communication Technology (ICT) training… Read more »

Nigeria: Stakeholders Fault Govt On Outsourcing Production of Military Uniforms to Turkish Firm

Stakeholders in the textile and garments industry have faulted the federal government for awarding the production of military and other paramilitary uniforms to a Turkish-based… Read more »

Nigeria: MTN - Banks Aware of Our USSD Access Charges

Few days after MTN Nigeria suspended its plan to charge subscribers on the Unstructured Supplementary Service Data (USSD) end-user billing model, the telecoms company Thursday… Read more »

Nigeria: 2020 Budget Report to Be Ready for Consideration Tuesday

The Chairman of the Senate Committee on Appropriations, Senator Jibril Barau, has assured that the 2020 budget report being compiled by his committee will be ready next Tuesday for… Read more »

Nigeria: How We'll Lift 100 Million Out of Poverty - Buhari

President Muhammadu Buhari wednesday listed investments and reforms in agriculture as ways conceived by his government to lift 100 million Nigerians out of poverty in the next 10… Read more »

Nigeria: Nigerian Navy, Others Partner Against Piracy, Crude Oil Theft

To counter piracy, crude oil theft, and other maritime crimes, the Nigerian Navy (NN) in collaboration with its French counterpart and other international navies wednesday kicked… Read more »

Nigeria: Arik Airline Unfit to Be National Carrier, Says Sirika

The Minister of Aviation, Senator Hadi Sirika, wednesday dismissed the call by the Asset Management Company of Nigeria (AMCON) to transform Arik Airline into a national carrier. Read more »

Nigeria: National Assembly Invites 17 Oil Companies Over Non-Remittance of N72bn, $273m to NDDC

The National Assembly Joint Committee on Niger Delta Affairs yesterday asked 17 oil companies to explain why they have failed to remit the mandatory three percent of their annual… Read more »

Nigeria: How Oshiomhole Turned Down Vietnamese Govt's Request to Import Rice

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has turned down the request by the Vietnamese government to import rice into Nigeria. Read more »

Africa: Russia and New Scramble for Africa

Babatope Babalobi argues that the style of the new sramble may be different but the motive is the same Read more »

Nigeria: Stakeholders Condemn Outsourcing Production of Military Uniforms to Turkish Firm

Stakeholders in the textile and garments industry have faulted the federal government for awarding the production of military and other paramilitary uniforms to a Turkish-based… Read more »

Nigeria: Again, MTN Denies Tax Fraud, Files 9,100-Page Document On N3bn Suit Against AGF

Telecommunication giant, MTN Nigeria Communication Limited, yesterday filed a 9,100-page document before a Federal High Court in Lagos to prove its N3billion claim in the… Read more »

Nigeria: Nigeria Earned N240bn From Solid Minerals in Five Years

The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the total financial inflows to Nigeria from solid minerals extraction between 2013 and 2017… Read more »

Nigeria: PSC Amendment Bill and Nigeria's Future

Chika Amanze-Nwachuku takes a look at the recently passed Deep Offshore and Inland Basin Production Sharing Contract (amendment) Bill, 2019, and its likely adverse consequences on… Read more »

Nigeria: Boosting the Rail Transport System

Chiemelie Ezeobi writes that in boosting the rail system, the government is determined to ensure provision of an efficient and affordable transportation that would serve as… Read more »

Nigeria: Emefiele - Border Closure Is Creating Jobs, Boosting Local Demand

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday listed the gains of border closure since August to include boosting domestic trade, job creation and… Read more »

Nigeria: Nigeria to Earn Additional U.S.$1.4 Billion Annually From Amendment of PSC Act

Nigeria is projected to earn an additional income of $1.4 billion annually from oil majors if the bill seeking the amendment of the Deep Offshore and Inland Basin Production… Read more »

Nigeria: CBN Lists Conditions for Banks' Offering of Currency Processing Services

Banks desirous of providing currency processing and distribution services are expected to jointly collaborate with two or more of their peers to float a subsidiary company, the… Read more »

Nigeria: NAMA Installs Radio Communication System At Enugu Airport

The Nigerian Airspace Management Agency (NAMA) has said it would commence the installation of the Very Small Aperture Terminal (VSAT) station and Very High Frequency (VHF) radio… Read more »

Nigeria: Govt Welcomes Russia's Intervention to Boost Agribusiness

The Minister of Industry, Trade and Investment, Mr. Richard Adebayo, has expressed the federal government's preparedness to partner Russia towards a long-term collaboration to… Read more »