The market rebounded today after four consecutive days of trading in the red; the All Share Index was up 0.35% to close at 20,193.40. The banking sub-sector came out swinging as the bulls pummeled the bears (9...

Sequel to the Federal Executive Council (FEC) meeting held yesterday, the Federal Government has approved the establishment of 100 industrial rice mills across the country within the next 12 to 18 months. The Minister of Agriculture addressing...

The Asset Management Corporation of Nigeria (AMCON) has seized the properties of Tonique Oil Services, following a court order empowering it to do so. The statutory powers conferred on AMCON according to the AMCON act accessible here. The...

Ninety-eight companies previously listed amongst the fuel importers into Nigeria have been shown the exit door by the Federal Government and stopped from exploiting the system of fuel subsidy in Nigeria. These companies, according to investigations made...

The Senate has called upon the Federal Roads Safety Commission (FRSC) to suspend its plans to issue new driver’s licenses and license plates to the Nigerian people for a fee. The Senate is toeing the line the...

The Petroleum  Special Task force on  Tuesday has been given  60 working days within  to probe and clean up the mess in the oil industry. At the moment, the task force is being  headed by  Mallam Nuhu...