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

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

15 coys to invest $2.8bn in FCT, says Minister

The Minister of FCT, Sen. Bala Mohammed, has said that 15 investors are expected to spend 2.8 billion dollars to…

SEPLAT shuts Oben Plant to expand gas delivery

The NPDC/SEPLAT Joint Venture has announced the shut-down of its Oben gas plant to enable tie-in of its expansion unit…

FG, States, LGs share N500.1bn for January

The Minister of State for Finance, Mr Bashir Yuguda, said that the Federal, states and local government areas shared N500.1…

Senate reduces oil benchmark to $52

The Senate on Tuesday, reduced the oil benchmark from 65 dollars to 52 dollars. NAN reports that this is the…

Blogger to remove all sexually explicit content

Google said Tuesday it would ban sexually explicit content or “graphic nudity” on its Blogger platform, asking users to remove…

Obasanjo never commissioned Olorunsogo II – NDPHC

The management of the Niger Delta Power Holding Company Ltd (NDPHC) says the newly-commissioned 750MW National Integrated Power Project (NIPP)…

VIDEO: Emir Sanusi foresaw what Nigeria is today

Over three years ago, shortly after the oil subsidy protest, a group of Nigerian economist deliberated over a very salient…

Lagos Court Frees Babalakin over N4.7bn Fraud

Justice Lateef Lawal-Akapo of the Lagos High Court today discharged the Chairman of Bi-Courtney Ltd, Dr. Wale Babalakin (SAN) over…

Boko Haram attacks down fish industry in NE Nigeria

The raging Boko Haram insurgency in northeast Nigeria has hit the region’s fishing industry, causing shortages and driving up prices,…

FG set to begin electronic monitoring of pipelines

The Federal Government on Saturday said that plans were underway to commence electronic monitoring of pipelines and other facilities channeling…

I’ll stabilize electricity in Nigeria, Jonathan promises

President Goodluck Jonathan said on Saturday that the his administration would not rest on its oars until it stabilised power…

We’ll open inland ports in Nigeria, says Jonathan

President Goodluck Jonathan said on Saturday that the Federal Government would open more inland ports in the country for easy…

Nigeria has potential to generate domestic power, says Jonathan

Abiodun Onafuye/Abeokuta President Goodluck Jonathan has stated that the country has the potential to generate enough power for the domestic…

Naira hits N215 to dollar at BDC’s segment

The naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs)…

Agric Minister, 4 other Africans for AfDB presidential race

Nigeria’s Agriculture Minister, Akinwumi Adesina, and Ethiopia’s Finance Minister, Sufian Ahmed, are among the five candidates who have been shortlisted…

Poll shift affects naira, stock exchange

The postponement of Nigeria’s general election has hit the country’s faltering economy, adding to existing pressures caused by the global…

Samsung Goes ‘Beyond The Limit’

Samsung Electronics is introducing a range of products to the African market at the sixth annual Africa Forum in Antalya,…

Helping Farmers Earn Money Through Training

By Prince Arinze Onebunne Inadequate regional food supplies, diminishing quality of health, and increasing environmental deterioration are the three key…

Cross River’s Economy Not Mortgaged– CPS

Reuben Bojor/Calabar The Chief Press Secretary to Governor Liyel Imoke of Cross River State, Mr. Chris Ita, has debunked allegations…

Concept Nova, Konga partner to deliver innovative vehicle tracker

Tracking and monitoring your vehicle just got easier with the all new Tikon Vehicle Tracking device by innovative IT software…

Nestle net profit soars 45% despite slipping sales

The world’s leading food industry group Nestle on Thursday posted a soaring net profit for 2014, boosted by the sell-off…

2014 Budget: Lagos records 83% cumulative performance

Kazeem Ugbodaga The Lagos State Government says it has recorded 83 per cent cumulative budget performance for its 2014 budget.…

Reduced Allocation: Delta To Sell ‎Shares To Generate Revenue

Jethro Ibileke/Asaba Delta state governor, Emmanuel Uduaghan, has given approval for the sale of its shares in Transcorp Ughelli Power…

FG drafts bill to provide 2million jobs annually

The Presidential Jobs Board is drafting a National Jobs Bill aimed at fast-tracking government’s efforts toward creating two million jobs…

Nigeria lacks institutions, processes to prevent corruption, says Okonjo-Iweala

The Minister of Finance, Dr Ngozi Okonjo-Iweala, said on Tuesday that corruption persisted in the country because Nigeria lacked the…

FG set to boost electricity, signs MoU for 500 megawatts

The Federal Government on Monday signed a Memorandum of Understanding with One Nation Energy Platform Ltd. for the production of…

Capital market indices up by 0.52%

Transactions in the Nigerian Stock Exchange (NSE), reopened on Monday on a bullish trend with the market capitalisation appreciating by…

Customs denies withdrawing personnel Sokoto, Kebbi borders

The Nigeria Customs Service (NCS) says it has not ordered the withdrawal of its personnel from the border stations in…

Naira hits N210, 213 to dollar at BDC, black market

The naira on Monday lost N2 to the dollar to sell at N210 at the Bureau De Change (BDCs) segment…
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