Petrol Subsidy May Hit N11.2bn Per Week The subsidy on Premium Motor Spirit, popularly known as petrol, may have gulped at least N11.20bn in one week...
WTO Appoints Nigerian Okonjo-Iweala as DG WTO Nigeria’s Ngozi Okonjo-Iweala was appointed the seventh Director-General of the World Trade Organization on Monday, making her the first...
Embark on New Oil Projects, FG Urges IOCs International Oil Companies operating in the country have been urged to embark on new projects despite the delay...
Nigeria Approves Creation of $2.4 Billion Infrastructure Firm Nigeria’s President Muhammadu Buhari cleared the way for the launch of an infrastructure company with initial seed capital...
Nigeria Targeting 30% Electricity from Renewables by 2030 – Osinbajo Vice-President Yemi Osinbajo on Thursday has said Nigeria plans to have 30 per cent of its...
FG Says NIN is Mandatory for Bank Accounts, Voter Registration The National Identity Number is mandatory for transactions such as the opening of bank accounts, payment...
Fuel Marketers Disrupt NNPC Loading Over New Payment Method The new payment method adopted by the Petroleum Products Marketing Company (PPMC), a subsidiary of NNPC, is...
DPR Issues Licence for First Floating LNG Plant The Department of Petroleum Resources announced on Monday that it had issued a licence to establish the first...
Petrol Landing Cost Rises to N180, Oil Crosses $60 The landing cost of Premium Motor Spirit (petrol) imported into the country has risen by 13.34 per...
IMF Rules Out Nigeria’s Full Economic Recovery Before 2022 Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current...
