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Business

Power generation drops by 1.5gigawatts as Nigeria loses N2.5bn

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) on Friday said that the country’s power supply would drop by 1.5 gigawatts due…

Jonathan Stalling Seaport Project—Fashola

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11 years ago

Kazeem Ugbodaga The refusal of President Goodluck Jonathan-led Federal Government to pay its counterpart fund of $117 million is frustrating…

Nigeria gains N777bn from agric interventions

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11 years ago

The Minister of Agriculture, Akinwumi Adesina, said Nigeria gained N777 billion as income from various intervention programmes in the agricultural…

Resolve issues with oil marketers, Jonathan tells Okonjo

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11 years ago

President Goodluck Jonathan, on Wednesday, ordered the supply of adequate petroleum products to filling stations nationwide. Dr Ngozi Okonjo-Iweala, the…

Akingbola heads to Supreme Court to upturn N5bn corruption charges

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11 years ago

Akin Kuponiyi Barely two weeks after the Court of Appeal, Lagos Division ordered his retrial over alleged N5 billion corruption…

Done your homework? How to track your kids via smartphone

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11 years ago

Is your toddler being mean to his baby sister while you’re out of the room? Is your eight-year-old making unauthorised…

GE completes installation of mobile gas turbines for Port Harcourt refinery

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11 years ago

With more industrial facilities using distributed power technologies to ensure a reliable energy supply and increase productivity, General Electric (NYSE:…

Nigeria to pay N185bn to end fuel scarcity – Okonjo-Iweala

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11 years ago

As the Nigerian Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, prepares to meet with oil…

NUPENG urges NNPC to increase supply to Apapa

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11 years ago

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Tuesday appealed to Nigeria National Petroleum Corporation (NNPC) to…

Fuel Scarcity: DPR to punish stations hoarding petrol

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11 years ago

The Department of Petroleum Resources (DPR) on Tuesday threatened to clamped down indefinitely any petrol filling station engaged in hoarding.…

Agbakoba urges FG to appoint minister of maritime

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11 years ago

Chief Olisa Agbakoba, a maritime lawyer and a Senior Advocate of Nigeria (SAN), on Tuesday urged the Federal Government to…

Naira devaluation responsible for fuel scarcity – PPPRA

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11 years ago

The Petroleum Products Pricing Regulatory Agency (PPPRA) on Tuesday blamed the current scarcity of petrol in the country on the…

Senate summons NNPC to defend budget

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11 years ago

Senate Committee on Petroleum Downstream has summoned the Nigerian National Petroleum Corporation (NNPC) to appear before it on Thursday to…

Apple edges Samsung, retakes smartphone throne

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11 years ago

Apple overtook Samsung to regain the top position in global smartphone sales in the fourth quarter, a market tracker said…

We are handicapped to import petrol – Major Marketers

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11 years ago

The Major Oil Marketers Association of Nigeria (MOMAN) says its members are handicapped to import refined petro products following the…

$12bn gas fund loot, fraud responsible for fuel scarcity – APC

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11 years ago

The All Progressives Congress (APC) has said the real causes of the debilitating fuel scarcity across the country is the…

Petrol scarcity: NNPC set to import 1billion litres in March

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11 years ago

The Management of the Nigerian National Petroleum Corporation (NNPC) on Monday began fresh measures to halt what it described as…

Dangote crash on Forbes richest ranking, loses $10.3billion

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11 years ago

Africa’s richest man, Nigeria’s Aliko Dangote, fell sharply in ranking in the new Forbes world’s richest list. Dangote’s bulging networth…

FG has created 1.4 million jobs in 3 years, says Okonjo-Iweala

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11 years ago

The Federal Government has created 1.4 million jobs in the past three years in a bid to address unemployment in…

Fuel Scarcity Worsens In Lagos

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11 years ago

Kazeem Ugbodaga & Jamiu Yisa Fuel scarcity has worsened in Lagos, southwest Nigeria, with long queues observed in filling stations…

Oil price will rise to $65, Iraq predicts

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11 years ago

Iraqi Oil Minister Adel Abdel Mahdi said Sunday he expects the price of crude oil, which dropped to a six-year…

NNPC injects additional 688m litres of petrol into market

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) on Friday said it had injected additional 688 million litres of petrol into the…

Naira sells at N224 to dollar

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11 years ago

The Naira on Friday weakened further as it sold at N224 against the dollar at the Bureau de Change (BDC).…

CBN dismisses rumour to convert domiciliary accounts to naira

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11 years ago

The Central Bank of Nigeria (CBN) said it has no plan to convert all domiciliary accounts of bank customers to…

Ghana President promises bold action on electricity crisis

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11 years ago

Ghana’s President John Dramani Mahama on Thursday promised decisive action to fix the country’s worsening electricity crisis, which has wreaked…

Senate slashes subsidies on kerosene, petrol by N145bn

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11 years ago

The Senate on Wednesday, slashed the allocation for petrol and kerosene subsidies presented by the Ministry of Finance in the…

CBN approves appointment of 4 directors for Unity Bank

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11 years ago

The Central Bank of Nigeria (CBN) has approved the appointment of four directors for Unity Bank Plc. The bank said…

FG begins rehabilitation of Wharf, Apapa Road

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11 years ago

The Federal Controller of Works in Lagos, Godwin Eke, said on Wednesday that remedial work was being carried out on…

Only FG can stop petrol scarcity in Rivers, says IPMAN

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11 years ago

Okafor Ofiebor/Port Harcourt Consumers of petroleum products in Rivers state and environs will continue to increase above the official pump…

Dangote, Birol, others set for African Refiners Week in Cape Town

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11 years ago

Aliko Dangote, President/CEO, Dangote Group and Dr Fatih Birol, Chief Economist/Director Global Energy Economics, International Energy Agency are two of…

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