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Fuel pump price will be reviewed quarterly – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) has stated there will be a quarterly review of petroleum pump price in…

Alaska Air to buy Virgin America for $2.6bn

Alaska Air Group Inc said on Monday that it had agreed to buy Virgin America Inc. for 2.6 billion dollars…

MTN launches SunStream for mobile devices

MTN South Africa has launched its new promotional package featuring World Panel’s SunStream which allows users to stream electricity from…

How we plan to end fuel scarcity, prepare for the future – NNPC

Jethro Ibileke/Benin ‎ The Nigerian National Petroleum Corporation (NNPC), has concluded plans to permanently solve the problem of perennial fuel…

NNPC to end fuel scarcity through local refining, massive storage of products

Jethro Ibileke/Benin The Nigerian National Petroleum Corporation (NNPC), has concluded plans to permanently solve the problem of perennial fuel scarcity…

Northerners in NEPC gang up against Segun Awolowo

There is a gang up against Segun Awolowo, the CEO of the Nigerian Export Promotion Council (NEPC), and grandson of…

NNPC offers talks with NRGI over stealing allegations

Nigeria’s state oil company has offered to talk to an international watchdog that says it failed to hand over billions…

Warri, Port Harcourt, Kaduna refineries to begin production – NNPC

Bello Rabiu-Babura, Upstream Chief Operating Officer, Nigerian National Petroleum Corporation (NNPC), says the Kaduna Refining and Petrochemical Company (KRPC) will…

Iheanacho announces $116m oil refinery

Integrated Oil and Gas Limited on Saturday, said its 116 million dollars modular refinery would come on stream before the…

Fidson Healthcare posts N838mn profit before tax

Daniels Ekugo Fidson Healthcare Plc. released its audited 2015 financial results to the Nigerian Stock Exchange this week, recording an…

Sony develops the world’s first ghost-catching device

Sony Corporation has announced today that it has successfully perfected the Proton PackTM (#protonpack), a product designed to capture content…

Fuel Scarcity: Kachikwu sets up 14-man committee

The Minister of State for Petroleum, Dr Ibe Kachikwu, has raised a 14-man committee within the Independent Marketers Association of…

Nigeria, Saudi Arabia, Qatar, 9 others for oil cap meeting

Qatar’s oil minister says 12 countries have agreed so far to participate in a meeting it’s hosting next month to…

Angry Nigerian pilots, engineers ground Bristow Helicopters operations

Okafor Ofiebor/Port Harcourt Passengers of Bristow Helicopters in Port Harcourt, Rivers state were left stranded as the National Association of…

China, Nigeria trade hits $101bn

China and Nigeria have recorded a total bilateral trade volume of 101 billion dollars from 2004 to 2015. Economic and…

Court of Appeal rules in favour of Honeywell

The Court of Appeal in Lagos has dismissed the ex parte order earlier granted against Honeywell Flour Mills Plc. in…

Tax defaulters get notice from LIRS

The Lagos State Internal Revenue Service (LIRS) warned today that it will begin the prosecution of tax evaders and offenders…
Court jails Lagos woman, Bose Lateef arrested by EFCC while hawking naira notes at Eko Club after she pleaded guilty to money racketeering.

Naira still struggling against the dollar

The naira on Wednesday maintained its exchange rate at N322 to a dollar. It also remained firm against the two…

Corruption: Shell investigated over acquisition of Nigeria oil field

Italian prosecutors are investigating Royal Dutch Shell as part of a probe into the acquisition of an off-shore oil field…

At optimal capacity, Nigerian refineries can’t meet demands – Kachikwu

Minister of State for Petroleum Ibe Kachikwu, said on Tuesday in Abuja, that the refineries in the country could not…

Planning a protest? Save your fuel because I won’t quit, says Kachikwu

The Minister of State for Petroleum, Ibe Kachikwu, said on Tuesday in Abuja that he would not resign as he…

Electricity: MDAs, army owe DISCOs N60bn

The Association of Nigerian Electricity Distributors (ANED) says ministries, departments, agencies and the Nigerian Army are owing the Distribution Companies…

ICAO president visits Nigeria, to meet with President Buhari

The President of the International Civil Aviation Organisation (ICAO) Council, Dr Bernard Aliu, has arrived in Nigeria on an official…

3 dead in another Agip Oil pipeline explosion

The National Oil Spill Detection and Response Agency (NOSDRA) has confirmed another pipeline blast at an oil field, operated by…

US to pressure Nigeria to devalue naira

The United States said on Monday it will press Nigeria in talks this week to adopt a more flexible foreign…

Fuel Scarcity: We’re on top of the situation – NNPC

The Nigerian National Petroleum Corporation (NNPC) has reassured Nigerians of its commitment to end the persistent fuel scarcity in the…

Fuel Scarcity: Kachikwu to appear before Senate on Tuesday

The Senate on Monday summoned the Minister of State for Petroleum, Mr Ibe Kachikwu, to appear before its Committee on…

I won’t complete Amaechi’s Rivers Monorail, says Wike

Governor Nyesom Wike of Rivers State said although his administration will strive to complete numerous projects abandoned by predecessor, Chibuike…
Petrol price jumps to N520 per liter in Edo, Delta

DPR seals 8 fuel stations in Akwa Ibom

The Department of Petroleum Resources (DPR) in Eket, Akwa Ibom, said on Sunday that it sealed eight filling stations in…
Okupe

The truth about the fuel crisis – Doyin Okupe

Doyin Okupe, former senior special assistant on Public Affairs to former president of Nigeria, Goodluck Jonathan has backed Nigeria’s junior…
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