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On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in the region of $4.4 billion dollars. Bear in mind that this was a conglomerate that posted a $2.6 billion profit in the corresponding quarter of 2019.
The European Union is adjusting its Africa policy to focus on strengthening trade even as it targets solving the perennial problems of illegal migration and insecurity.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira under its creative industry group.
The $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.
On August 21, 2019, President Muhammadu Buhari swore in Mr. Hadi Sirika, as the substantive Minister of Aviation. In Buhari’s first four year tenure as President, Hadi Sirika served as a Minister of State for Aviation, a designation that made him to report directly to the Minister of Transportation, Mr. Rotimi Amaechi.
Returning Minister of Foreign Affairs, Geoffery Onyeama, says he will focus attention on ensuring the security of Nigerians living abroad and attracting Foreign Direct Investment (FDI) to the country.g
Presidents Muhammadu Buhari and Cyril Ramaphosa of South Africa will meet on the sidelines of the ongoing African Export Import (Afrexim) bank Annual General Meeting in Abuja to discuss the killing of Nigerians and citizens of other African countries in South Africa.
A special government panel has recommended that President Muhammadu Buhari sign Nigeria up for a landmark African free trade agreement, ahead of a key meeting of African leaders.
Former President Olusegun Obasanjo has urged President Muhammadu Buhari to sign the African Continental Free Trade Area (ACFT) agreement.
A former President of Nigeria, Chief Olusegun Obasanjo, said on Monday that the African Free Continental Trade Area (AfCTA) Agreement will not be hindered by Nigeria’s reluctance to sign up to the process.
The Nigeria Employers’ Consultative Association says Federal Government must conclude all legal processes for the implementation of the 30,000 minimum wage before Dec. 31, to ensure its implementation by January 1, 2019.
President Muhammadu Buhari has reiterated that Nigeria would not sign any treaty without assessing the impact it would have on the lives of Nigerians.
The lawmaker representing Kaduna Central at the Senate, Shehu Sani, has backed President Muhammadu Buhari’s refusal to sign the African Free Trade Agreement, AfCTA.
Former President Olusegun Obasanjo has said President Muhammadu Buhari’s hands are too weak to sign the African Free Trade Agreement (AfCTA).
The National Association of Nigerian Traders (NANTS) Monday petitioned President Muhammadu Buhari and the Economic Community of West African States (ECOWAS) over the alleged closure of over 400 businesses owned by Nigerians in Ghana.
The organised labour has called on the Federal Government to immediately review the privatisation of the power sector and revoke the licences of Electricity Generation Companies, GENCOs and Electricity Distribution Companies, DISCOs, to tackle the worsening power situation in the country.
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FIFA, the World Health Organization (WHO) and the European Commission have announced the #SafeHome campaign designed to support women and children at risk of domestic violence during the coronavirus pandemic.
A Canadian court ruled against Huawei’s chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US on fraud charges.
The Defence Headquarters says the Air Component of Operation Hadarin Daji has killed no fewer than 30 bandits and destroyed their logistics store in air strikes conducted on Tuesday in Doumborou Forest area of Zamfara.
As part of efforts geared towards the revitalisation of Primary Healthcare, the Lagos State Government has carried out a comprehensive assessment of no fewer than 329 Primary healthcare centres in the State.
The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.
President of the Nigerian coaches Association Coach Issa Ladan Bosso has confirmed that the coaches union is in talks with both NFF and the Sports Ministry in order to help the vulnerable members.
Chelsea star Willian is set to quit Stamford Bridge at the end of the current campaign as he continues to hold out for a three-year deal.
The Bauchi State Governor, Senator Bala Abdulkadir Mohammed, has enjoined Muslim Faithfuls in the state to emulate prophet Muhammad by making sacrifices for the benefit of the less privileged members of the society as they celebrate this year’s Eid-el-fitr.
Kogi state government has said that the Coronavirus pandemic has further exposed the rot in the nation’s health sector, but however, noted that the state government would continue to invest in the sector for effective service delivery
The Commandant-General, Nigeria Security and Civil Defence Corps (NSCDC), Mr Abdullahi Gana, says the corps will deploy 35,000 personnels nationwide to ensure hitch-free Eid-