The equities market closed in a downward trend on Tuesday as market capitalization decreased by N58 billion, following losses recorded by large and medium capitalized stocks.

The Nigeria Extractive Industries Transparency Initiative (NEITI, said oil and gas companies' liabilities to the Federation Accounts as of Dec. 31, 2020, was N1.32 trillion.

Partners of telecommunication giant, Huawei have commended the company for its impact on the Nigerian oil and gas industry and their businesses on the heels of the just-concluded 5th Nigerian International Energy Summit, NIES 2022 in Abuja.

The Association of Nigerian Electricity Distributors (ANED) has said that not all approved metering schemes, currently active in the country, offer meters at no immediate expense to customers.

Seplat Energy says its Sale and Purchase Agreement (SPA) with ExxonMobil has not been terminated.

…LSETF creates 182,000 jobs in five years, upskills 12,000 youths – Exec. Sec.

Lagos State Government has expanded the net of employment opportunities for young people in the State, as Governor Babajide Sanwo-Olu, on Thursday, announced a 100 per cent increment in capital subvention to Lagos State Employment Trust Fund (LSETF) – an independently run agency established to provide financial support to business owners and entrepreneurs for wealth creation and to tackle unemployment.

Max Airline has stated very unequivocally that they have the capacity to evacuate fleeing Nigerians as a result of the war in Ukraine,

The Ministry of Petroleum Resources has rewarded some officials of the ministry and its agencies for outstanding performance and service in different capacities between 2019 and 2021.

The Lagos State Government, through the Lagos State Employment Trust Fund (LSETF), has supported 30,409 small businesses in the last five years.

The Commissioner of Information, Kano State, Mohammed Garba, says the Dala Dry port will make Kano a hub of domestic and international trade.

A prosecuting witness has told the Lagos State Special Offences Court in Ikeja how some Fidelity Bank staff members allegedly stole N874million from the bank and its customers within three days.

Vitafoam Nigeria Plc, a leading manufacturer of rigid foams and other household materials, has rewarded its shareholders with a total dividend of N1.9 billion dividend for the year ended Dec. 31, 2021, translating to N1.50 per share.