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Full list: 132 firms bid for NNPC’s crude oil swap

The NNPC, Nigeria’s state owned oil giant, Thursday announced that 132 companies had submitted bids for the 2019 crude for refined products programme tagged Direct Sale, Direct Purchase (DSDP).

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Akwa Ibom youth, undergraduates allege government neglect

Youths and undergraduates of tertiary institutions in Akwa Ibom State have decried the scanty notice the state government gives bursary awards and other requirements that border on the needs and aspirations of youths, while purportedly paying more attention to purchase of expensive vehicles for monarchs, building worship centres and holding Christmas carol.
The World Bank said at the weekend that its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded it stop altogether.

World Bank reduces lending to China

The World Bank said at the weekend that its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded it stop altogether.

Man dragged to court over late father’s property documents

The children of Late Joshua Olusoga of Surulere, Lagos have dragged their brother, Gbenga Olusoga, 59, before a Lagos Magistrate’s Court for allegedly stealing the certificate of occupancy and survey plan documents of their late father’s property located at 14, Badaru Street, Surulere, Lagos.

Federal government to sign MoU on Ajaokuta Steel in January

The Federal Government has promised to sign a Memorandum of Understanding (MoU) by January 2020, with a Russian company for the resuscitation of the multi-billion naira Ajaokuta Steel Rolling Mills, located in Kogi State.

Moody’s downgrades Nigeria over huge debt

As the Federal Government is seeking the approval of the National Assembly to borrow about $30billion, the global financial ratings company, Moody’s Investors Service, has attributed its downgrade of the country’s rating to negative from stable as a result of the nation’s bloating debt profile.