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Oil price at $66 per barrel good for Nigeria – experts

From around $53 per barrel at the start of 2017, international oil benchmark, Brent crude, closed the year around $66.87, a rise that is expected to continue into 2018.

New regulation threatens N466 billion power sector loans

The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).

Banks place 13 tank farms, filling stations on sale over $600m loans

Banks have confiscated and placed on sale 13 tank farms, scores of filling stations, landed properties and exotic cars seized as collateral from debtors in the downstream sector, it was gathered at the weekend, as recovery of $600 million loans in the sub-sector takes a new twist.

Recent Stories

CAN president urges Nigerian government to overhaul security apparatus

The President, Christian Association of Nigeria (CAN), Rev Samson Ayokunle, has urged the Federal Government to immediately overhaul the security apparatus of the country.
The governor of Ondo State, Rotimi Akeredolu, has reacted to his victory at the primary election of the All Progressives Congress (APC).

Ondo guber: APC leaders endorse Governor Akeredolu’s re-eelction

Leaders of the All Progressives Congress (APC) in Ondo State Sunday resolved to bury their hatchets and they endorsed the second term ambition of Governor Rotimi Akeredolu.
Godfrey Oboabona put in a good shift in Dinamo Batumi’s 4-0 triumph over FC Chikhura by accounting for an assist.

Godfrey Oboabona bags assist in Dinamo Batumi’s decimation of FC Chikhura

Godfrey Oboabona put in a good shift in Dinamo Batumi’s 4-0 triumph over FC Chikhura by accounting for an assist.
Nigeria's Diezani Alison-Madueke, Minister of Petroleum Resources and Alternate President of the OPEC

Diezani Alison-Madueke: ‘Yahoo’ boys have become role models

A former Minister of Petroleum Resources, Diezani Alison-Madueke, says societal values have disintegrated to the extent that online fraudsters otherwise known as ‘Yahoo boys’ have become role models in Nigerian society.
Atlético Madrid have confirmed that two member of their group have tested positive for coronavirus.

Atlético Madrid confirm two positive coronavirus tests

Atlético Madrid have confirmed that two member of their group have tested positive for coronavirus.