Oil Rises as Market Doubts Saudi Ability to Restore Output Soon Following drone attacks on Saudi Arabia’s largest crude oil processing plant this month, the Kingdom...
Russian Firm Indicates Interest in Ajaokuta Steel A Russian company, MetProm Group, has submitted a fresh offer to the Federal Government to rehabilitate Ajaokuta Steel Complex....
Cost of Imported Goods to Surge in 2020 Costs of imported goods are expected to surge next year as the United Nations shipping agency, International Maritime...
FG to Earn $6b from OML 65 Development Deal The Federal Government will earn an estimated $6 billion from the development of OML 65, stated Mr....
Sea Trade Surges to N7.85trn in Q2, 2019 The total value of trades carried out through the Nigerian seaports rose by N260.6 billion in the second...
FG Working Another $2.5b Loan from World Bank Despite calls to slow down on mounting debt, the Federal Government is currently in talks with the World...
FG Unravels P&ID Fraud as Associates Plead Guilty The Federal High Court in Abuja has pronounced two representatives of Process and Industrial Development Ltd (P&ID) guilty...
Power Distribution Firms to Install 6m Meters Power distribution companies are working on a plan to install at least six million meters between 2019 and 2022....
Nigeria’s Oil Production to Increase by 35000bpd Following the resolution of the dispute between Shell Petroleum Development Company, Belema Oil and host communities on OML 25...
Experts Fault CBN’s Cashless Policy Economic and financial experts have started telling the Central Bank of Nigeria (CBN) to ease charges being levied on consumers following...