Business

Nigeria’s gas supply market hits 2bn cfbd – NNPC

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11 years ago

The Nigerian National Petroleum Corporation (NNPC) says Nigeria has grown its gas supply market from 300 million to two billion…

FG injects 220mw of power to national grid

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11 years ago

The Minister of power, Prof. Chinedu Nebo, said on Saturday that the 220 megawatts of electricity added to the Egbin…

Federal Govt cancels outdoor sites approval in Lagos

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11 years ago

Nigeria’s Federal Government has terminated existing approvals for outdoor sites previously given to outdoor practitioners in Lagos State. The termination…

At N87 per litre, FG still subsidises petrol – PPPRA

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11 years ago

The Petroleum Products Pricing Regulatory Agency (PPPRA) on Friday said that Federal Government was still subsidising the current pump price…

Naira in big fall at forex market

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11 years ago

The Naira on Friday depreciated against the dollar as it traded at N208 from the N191.50 it sold for on…

Abuja business groups protest high electricity cost

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11 years ago

Business groups in Abuja on Friday protested the hike in electricity tariff by the Abuja Electricity Distribution Company. The groups,…

FG committed to improved service delivery – Sambo

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11 years ago

Vice-President Namadi Sambo on Thursday in Abuja reiterated the Federal Government’s commitment to public service reforms and improved service delivery…

FG okays payment of entitlements to 1,669 PHCN workers

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11 years ago

The Minister of Power, Prof. Chinedu Nebo, on Wednesday said Government had raised a validation list to pay for Pension…

Bird Flu Kills 420 Poultry Birds In Benin

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11 years ago

Jethro Ibileke/Benin An outbreak of Avian Influenza Virus which causes Avian Influenza disease in birds, popularly known as Bird Flu,…

You deserve compensation, Amosun tells hosts of LNG project

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11 years ago

*Reveals that Project is back on course Abiodun Onafuye/Ode Omi Governor Ibikunke Amosun of Ogun State, southwest Nigeria has said…

Underwhelming Box Office Ratings for The Gambler

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11 years ago

For many film hacks, the year 2014 was set to end perfectly with The Gambler; a remake of the original…

CBN keeps lid on interest, naira rates

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11 years ago

Nigeria’s central bank kept its policy rate at 13 percent on Tuesday, offering no new measures to deal with a…

Naira plunges further

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11 years ago

Nigerian naira ended Tuesday at a record closing low of 189.20 against the dollar ahead of the first central bank…

Libya’s OPEC representative abducted in Tripoli

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11 years ago

A Libyan senior oil official who represents his company in the OPEC cartel is believed to have been abducted in…

FG under pressure to cut petrol prices further

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11 years ago

The federal government is under pressure Tuesday to cut petrol prices further, with unions saying people were being “short-changed” over…

Why marketers are not selling petrol at N87

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11 years ago

P.M.NEWS has learnt that the decision by the Jonathan administration to slash the pump price of petrol from N97 to…

Lagos, Port Harcourt hit by bird flu

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11 years ago

Thousands of chickens have been culled in southern Nigeria after the discovery of bird flu in some poultry farms, the…

Another Naira Devaluation Looms

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11 years ago

Nigeria’s naira hit record lows against the dollar on Monday before central bank decisions that analysts say may include the…

Taraba assembly approves N2bn loan for MSME development

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11 years ago

The Taraba House of Assembly on Tuesday approved the request by the state government to obtain a N2 billion loan…

Filling stations defy FG directive on N87 pump price

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11 years ago

Filling stations in Sokoto and its environs have continued to retain the N97 old pump price of petrol, contrary to…

Oil prices tumble further in Asia

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11 years ago

Oil prices tumbled further in Asia Tuesday, with weak global demand and an oversupply dictating the trend for the commodity,…

Nigerian Air Traffic Controllers Call Off Strike Action

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11 years ago

By Simon Ateba The Nigerian Air Traffic Controllers under the aegis of Nigerian Air Traffic Controllers Association (NATCA) have called…

Petrol Price: Oando Filling Station Sealed Over Non Compliance

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11 years ago

Jethro Ibileke/Benin An Oando filling station in Benin, on Monday, came under the sledge hammer of Edo State Petroleum Monitoring…

Chinese firm cancels contract over PDP outdoor advert

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11 years ago

Chinese Telecoms services giant Huawei has cancelled its street lamp pole outdoor contract, with Lagos based outdoor advertising agency Touchpoint…

Petrol Price: DPR threatens to punish erring filling stations

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11 years ago

The Department of Petroleum Resources (DPR) on Monday urged all filling stations to adjust their pump price per litre of…

Reuters: Another Naira devaluation looms

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11 years ago

*Nigeria’s Foreign reserves drop 20 per cent, year-on-year *Naira plunges to N191.85 to dollar, worst official level in history Nigeria’s…

Ecobank to appeal $15million court award to ex-CEO

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11 years ago

Ecobank Transnational Inc will appeal a ruling by a commercial court in Ivory Coast that the pan-African bank must pay…

Group wants petrol price cut to N65

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11 years ago

A human rights organisation in Nigeria – Committee for Democracy and Rights of the People (CDRP) has questioned the economic…

Oil prices still edge lower in Asia

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11 years ago

Oil prices edged lower in Asia on Monday as a rally late last week fizzled out, owing to lingering concerns…

OXfam: World’s richest one percent richer than 99% next year

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11 years ago

Wealth accumulated by the richest one percent will exceed that of the other 99 percent in 2016, the Oxfam charity…

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