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Ajaokuta steel company will be revived-Gov Bello

The Executive Governor of Kogi State, Alhaji Yahaya Bello, has assured the management team of the Ajaokuta Steel Company Limited…

BVN stalling payment of YouWiN beneficiaries

The Ministry of Finance has attributed the delay in paying beneficiaries of the Youth Enterprise with Innovation in Nigeria (YouWiN)…
Real reason for fuel scarcity in Abuja, other northern states

Petrol subsidy swept away, price now N145

The pump price of petrol in Nigeria was almost increased by 100 per cent today to N145, from N86.50, ending…

Lagos swimming in money

The Lagos State Government has recorded a total revenue of N101.69 billion in the first quarter of the 2016 budget…

Fake town planner nabbed in Lagos

Officials of the Lagos State Ministry of Physical Planning and Urban Development have apprehended a middle-aged man, Adeyemi Adebayo who…
Real reason for fuel scarcity in Abuja, other northern states

Time to end Nigeria’s petrol subsidy regime

By Sunday Attah The discussion on the deregulation of the downstream sector of the Nigerian petroleum Industry has been on…

Militants hurt Nigeria as oil output crumbles

A series of attacks on Nigeria’s oil infrastructure has pushed its output of crude close to a 22-year low, putting…

Fuel scarcity disrupts Aero Contractors’ operations

Nigeria’s domestic carrier, Aero Contractors, on Monday said limited supply of JET A1, also known as aviation fuel, has disrupted…

Amaechi queries LADOL over gazette

Minister of Transportation, Rotimi Amaechi has queried the management of LADOL Integrated Logistics FZE to explain how it came about…

World Bank commends Nigeria for implementing agric programme

World Bank supervision ‎team has commended the implementation of West Africa Agricultural Productivity Programme (WAAPP) in Nigeria. The team gave…

Prices of building materials rise

A survey conducted in some major towns in Delta State between January and April reveals that the prices of some…

NNPC pays N69bn to Federation Account

The Nigerian National Petroleum Corporation (NNPC) has paid the sum of N69.544 billion into the Federation Account in March. This…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

2016 budget will strengthen the naira

AProf. Park Idisi of the Department of Agriculture, University of Abuja, on Saturday said the 2016 budget would increase exports…

Chevron loses 35k barrels daily after militant attack

US energy giant Chevron said it has lost thousands of barrels worth of oil production capacity since militants blew up…

Saudi Arabia sacks oil minister

Saudi Arabia has sacked its oil minister Ali al-Naimi as part of a major cabinet reshuffle, state media reported. Naimi…

Fashola, save us on Lagos-Apapa expressway-Transporters

For the umpteenth time transporters operating along the two major seaports in Lagos have appealed to the federal government to…

2016 Budget: Experts advise on implementation

Following the signing of the 2016 budget into law by President Muhammadu Buhari on Friday, some economic experts have advised…

Petrol: Why we sell above official price-marketers

Though the supply of petroleum products across the country has greatly improved after weeks of scarcity encountered by Nigerians, but…

GSM dealers want local phone factories

To reduce the massive unemployment in the country, GSM dealers have appealed to the federal government to create an enabling…

Ukraine to invest $1bn in Ajaokuta steel company

The Ukrainian Ambassador to Nigeria, Valeriy Aleksandruk has said that his country is ready to invest one billion dollars into…

Niger Delta militants attack Chevron facility

Militants attacked a Chevron platform in Nigeria’s oil-rich Niger Delta region late on Wednesday, the United States energy company said…

N350 tomato now sells for N3,500

The prices of tomatoes have gone up by 1,000 per cent in Jos and environs in Plateau, a market survey…

Nigeria’s capital imports crash by 74% in first quarter

The total value of capital imported into Nigeria in the first quarter plunged to $710.97 million, a 73.79 per cent…

NDDC appeals for financial support from oil firms

  Mrs Ibim Semenitari, Acting Managing Director, Niger Delta Development Commission (NDDC), on Wednesday appealed for more financial support from…

Petrol scarcity: NUPENG urges NNPC to sustain distribution tempo

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Wednesday urged the Nigeria National Petroleum Corporation (NNPC) to…
Offshore oil rig

Despite supply loses in Nigeria, oil price steadies around $45

Crude oil steadied around $45 a barrel on Wednesday as reduced production in Canada’s oil sands region lent support, although…

OLX wins best Classified Advert Website of the Year

Funsho Arogundade OLX.com.ng, the leading online classifieds site, has won the award for Classified Advert Website of the year at…

Lagos set to increase food production by 25%

Kazeem Ugbodaga The Lagos State Commissioner for Agriculture, Mr. Toyin Suarau has reiterated the resolve of the State government to…

Fidelity Bank appoints Balarabe as MD

Fidelity Bank Plc has appointed an Mohammed Lawal Balarabe, as its acting Managing Director. He replaces Nnamdi Okonkwo who is…

Leicester could make £150m from Premier League win

Leicester City are set for a potential £150m boost for winning the Premier League title, analysts at sports data and…
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