Economy

NNPC Chief Urges Firms to Diversify The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has called on stakeholders in the oil…

National Power Grid Highly Unstable – BEDC The Benin Electricity Distribution Company Plc has described the nation’s power grid as highly unstable, with over 2,000…

Government Policy, Funding Stall Proposed Oil Refineries Government policy in the downstream sector and paucity of funds as well as inadequate technical capacity are pulling…

FG to Buy N17bn Equipment to Track Fuel Distribution The Federal Executive Council on Wednesday approved the sum of N17bn for the installation of mechanism…

Kachikwu Wants NLNG to Raise Capacity by 60% The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has challenged the Nigeria LNG Limited to…

FG Restricts Issuance of Visa to Foreign Engineers The Federal Government on Tuesday announced that it had commenced the restriction of the issuance of visas…

Rivers Community Protests Alleged Relocation of Oil Firm to Lagos Hundreds of youths from Onne, Rivers State, on Tuesday, protested against an alleged move by…

MDAs Must Pay Operating Surplus Before Investing – FRC Scheduled government Ministries, Departments and Agencies are to pay their operating surpluses to the Consolidated Revenue…

Nigeria Risks Fresh Politics-induced Economic Crisis With the invasion of the National Assembly complex yesterday by men of the Department of State Services (DSS), the…

NNPC Worries Over Lack of Funding for Oil Exploration The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, has raised concerns over the…