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NDDC to train workforce on Niger Delta Master Plan

The Niger Delta Development Commission (NDDC) said on Wednesday that it had concluded plans to train its staff on implementation…

NIMASA: Nigeria lost N32bn to foreign investor, says Amaechi

Nigeria’s Transport Minister, Rotimi Amaechi, has revealed that a foreign investor in the shipping sector got N32 billion for vessels,…

Nigeria loses N470m daily to attacks on pipelines – Fashola

Eromosele Ebhomele Minister of Works, Power and Housing, babatunde Fashola, late Tuesday revealed that the attack on the Nigeria Gas…

Don’t put profit above Nigeria’s security, Buhari warns telcos

President Muhammadu Buhari on Tuesday in Abu Dhabi urged telecommunication companies operating in Nigeria not to place their desire for…

DPR denies demanding bribe

The Department of Petroleum Resources (DPR) has denied demanding for bribe from a retired Navy Captain and an Aviation Consultant…

Twitter hit by technical glitch

Twitter is right now trying to fix a technical glitch on its network that makes it impossible for users to…
Market Capitalisation

Capital market indices drops further by 4.09 per cent

Trading at the Nigerian Stock Exchange (NSE) resumed for the week on Monday still on negative trend with the market…

How N2.6bn NIMASA fund was diverted —witness

Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Nigeria, has been told how part of the N2.6 billion…

Filling stations in Ogun adjust meters to ‘extort’ buyers

Abiodun Onafuye/ Abeokuta Owners of most filling stations across Abeokuta, the capital city of Ogun state, have devised another way…

Obaigbena’s London TV station, Arise, shut over £3m debt

Funsho Arogundade Arise TV, London-based global news network, owned by Nigeria’s flamboyant media baron, Prince Nduka Obaigbena, has been shut…

Nigeria now has over 152million active lines – NCC

The active lines in Nigeria’s telecommunications industry increased to over 152 million in the month of November 2015, the Nigerian…

Jimoh Ibrahim sacks MD on live TV over unpaid workers’ protest

Funsho Arogundade The Group Managing Director of Energy Group, Jimoh Ibrahim, did the unthinkable Monday when he sacked Bolu Afolayan,…

Principal officers of Skye bank face contempt proceeding

Akin Kuponiyi A federal high court sitting in Lagos, South west Nigeria will tomorrow decide whether to commence the hearing…

Unpaid workers storm Jimoh Ibrahim’s lecture

Some unpaid workers stormed the Abuja venue of the Energy Group 5th GMD Lecture Monday while the programme was being…

Ex-CBN chief calls for less dependence on oil trade

A retired Director of the CBN, Chris Nemedia, on Monday urged the Federal Government to be less-dependent on trading in…

Akwa Ibom govt to engage Canadian consultants on cocoa production

The Akwa Ibom Government has announced plans to engage consultants from Canada and Switzerland to educate farmers in the state…

NNPC to build new fuel stations in all senatorial districts

…kick starts retail outlets expansion project In a deft move designed to ensure efficient distribution and country-wide penetration of petroleum…
Godwin Emefiele, CBN Governo

Nigeria allows foreign currency transfers as FX restrictions ease

Nigerian commercial banks told customers on Sunday they would allow deposits of foreign currency to be transferred abroad from their…

MDAs, fed ministries, others owe Edo N3bn tax

Jethro Ibileke/Benin The management of the Edo State Board of Internal Revenue Service has threatened to press criminal charges against…

Things fall apart at PENGASSAN as aggrieved members head to court

There are strong indications that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) may be in for…

IPMAN refutes report on purported nationwide strike

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Saturday debunked an alleged report that some of its members had…

Buhari goes to UAE for future energy summit, state visit

President Muhammadu Buhari will jet out of Nigeria on Sunday, to participate at this year’s edition of the World Future…

Ministries, agencies, military yet to pay N45b electricity bill

Funsho Balogun As at the end of 2015, government Ministries, Departments and Agencies, MDAs as well as military establishments were…

Ecobank begs court over contempt proceedings

West Africa’s leading bank, Ecobank, on Friday, 15 January failed in its bid to stop the contempt proceeding instituted against…

NRC deploys 93 refurbished coaches to Lagos-Kano intercity passenger service

The Nigerian Railway Corporation (NRC) on Friday said it had completed the refurbishment of three air-conditioned coaches, 90-seater standard class…
Nigeria Customs Service (NCS) boss Hameed Ali urges Nigerians not to engage in smuggling or patronising smugglers in Easter message

Customs CG orders officers to declare assets within 14 days

Comptroller-General of Customs, Col. Hammed Ibrahim Ali (rtd), has directed officers of the Nigeria Customs Service to make full disclosure…

Pump Price: DPR to fine violators N1m, shut stations

The Department of Petroleum Resources (DPR) has said that henceforth, any oil marketer caught manipulating the pump price of fuel…

Arik Air commences flights from Nigeria to Gabon

Arik Air on Friday introduced a new flight service between Nigeria and Gabon as part of the airline’s expansion programme…

Control influx of substandard IT products, NCS tells FG

The Nigeria Computer Society (NCS) on Friday appealed to the Federal Government to help control the importation of substandard Information…

YABATECH to establish radio station, mortgage bank

The management of Yaba College of Technology (YABATECH) said on Thursday that it would establish a radio station, a mortgage…
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