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Apple edges Samsung, retakes smartphone throne

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
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