Dangote Rolls out Nigeria-assembled Trucks, Targets 10,000 Vehicles Dangote Sinotruck West Africa Limited on Tuesday rolled out its first set of locally assembled Chinese trucks as...
Bonga Oil Field Resumes Production After TAM Production from the Bonga oil field, the nation’s first deepwater development, has resumed following the completion of the turnaround...
Gencos Back Plan to Monitor Discos’ Accounts Power generation companies in the country on Tuesday declared their support for plans by the Federal Government to centralise...
Nigeria’ll be Out of Recession by Third Quarter – Emefiele The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that with the...
Court Grants Nnamdi Kanu Bail A Federal High Court in Abuja on Tuesday granted bail to the leader of Indigenous People of Biafra, Nnamdi Kanu, on...
FG, Two Others Sign 120MW Solar Project Hope of improved power supply in the country is being rekindled as the federal government has signed two put/call...
Electricity Generation Averages 3,687mw in Q1’17 The power generation statistics for first quarter 2017, (Q1’17) shows that a total average of 3,687 megawatts, mw, of energy...
FG Moves to Revive Enugu Coal Mines The Federal Government has commenced moves to revive mining activities in Enugu coal mines, which have been inactive for...
Euro Relief Rally Continues as Traders Price Out Political Risk The euro climbed and volatility dropped as a relief rally following the first round of the...
Scared Investors Want Proof Naira Will Float for Real on Window Nigeria’s latest attempt to ease the dollar shortage choking its economy is dependent on traders...