FG Orders Kachikwu to End Fuel Scarcity by Weekend The Federal Government has ordered the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, to ensure...
Reps Pass 2018 Budget for Second Reading The House of Representatives on Tuesday approved $47 as the crude oil benchmark price for the 2018 budget. The...
W’Bank Gives Nigeria N107.4bn Loan for Rural Electrification The World Bank on Tuesday announced the provision of a $350m loan (N107.4bn at the official exchange rate...
FG discusses Arik’s London route return with UK The Federal Government has commenced discussions with the government of the United Kingdom on infrastructural support for aviation...
Senate Panel Condemns Total’s $16bn Egina Project The Senate Committee on Local Content has said that Nigeria may not benefit from its investment in the $16bn...
Fuel Queues Return to Lagos Amid Supply Hiccups After more than a year of relief from fuel scarcity in the country, filling stations in some parts...
Govt Plans Laboratory to Reduce Agric Exports’ Rejection The Federal Government is planning to set up a world-class laboratory that will have the capacity to test...
NNPC’s Losses Drop by 53% on Forcados Revamp The group operational losses of the Nigerian National Petroleum Corporation dropped by 53.1 per cent following the revamp...
FG to Sanction Banks, Exporters Over Export Proceed Delay The Federal Government has said it will henceforth sanction Deposit Money Banks, exporters and other stakeholders involved...
Power Generation Returns to 4,000MW as Hydro Plants Recover The nation’s power generation has returned to the 4,000 megawatts mark following the recovery in the output...