FG, Dangote, Others Sign $1.1bn Pact for 540MW Plant The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant signed a Power Purchase...
FEC Approves Draft 2018 Appropriation Bill The Federal Executive Council on Thursday approved the draft 2018 Appropriation Bill, paving the way for President Muhammadu Buhari to...
Don’t Expect Commodity Shake-up Next Year, W’Bank Tells Nigeria The World Bank says the big drop in export commodity prices that led to significant economic shocks...
Road Construction: FG Approves Tax Relief for Private Sector The Federal Executive Council on Thursday approved the establishment of the Road Trust Fund Structure for the...
Bayelsa, Firm Sign MoU on 60,000bpd Refinery The Bayelsa State Government has signed a Memorandum of Understanding with Rehoboth Natural Resources Development Limited for the establishment...
Lagos, Kaduna, Two Others to Expose Tax Defaulters Lagos, Osun and Kaduna state governments as well as the Federal Capital Territory Administration have pledged to provide...
Legacy Debts Account for $3bn of $5.5bn Foreign Loans –Adeosun The Minister of Finance, Mrs. Kemi Adeosun, on Wednesday, stated that the Federal Government would apply...
Nigeria’s Gas Flare Rate Increases to 12% – NNPC The Nigerian National Petroleum Corporation on Wednesday announced an increase of 1.97 per cent in the country’s...
Local Content Compliance in Oil Sector Hits 40% Local content compliance in Nigeria’s oil and gas sector increased from five per cent in 2015 to about...
Power Rejection: Jebba, Kainji Reduce Generation by 416.4MW Kainji and Jebba hydro power plants are cutting down on the quantum of power they generate by about...
