NEITI Assists FG to Recover $3bn From Oil Firms The Nigeria Extractive Industries Transparency Initiative says it has assisted the Federal Government to recover over $3bn...
How N’Assembly Cut N347.5bn From 4,700 MDAs Projects Facts have emerged on how the National Assembly reduced allocations to 4,700 projects of Ministries, Departments and Agencies...
SON Shuts Substandard LPG Cylinder Facilities The Standards Organisation of Nigeria (SON) has shut some facilities used for the fabrication of suspected substandard liquefied petroleum gas...
Domestic Gas Supply Shortfall to Hit 2.9bscf/d Gas supply to the domestic market has been predicted to record a shortfall of 2.9 billion standard cubic feet...
FG, States, LGs Shared N8.9tn in 16 Months The near total reliance of the three tiers of government on revenue accruing to the federation for their...
Apapa Wharf Road 75% Completed, Ready This Month The Apapa Wharf Road, being constructed by AG Dangote, has reached 75 per cent completion and will be...
Economic Incompetence Caused Recession ―Moghalu A former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, has said economic incompetence led the country into...
World Bank Approves $2.1bn Loan for Seven Nigerian Projects The World Bank has announced the approval of $2.1bn loan for seven projects to be executed in...
Lagos-Ibadan Rail: FG Orders CCECC Back to Lagos The Federal Government has directed the contractor handling the modern Lagos-Ibadan rail line, China Civil Engineering Construction Corporation,...
Late Budget Passage Erodes 13% of GDP — LCCI The Lagos Chamber of Commerce and Industry on Thursday said the late passage of budgets was costing...