FG Needs $16bn for Deep Seaports, Rail, Others – Amaechi The Federal Government currently needs about $16bn to actualise some of the programmes already approved for...
FG Approves Payment of N26bn to Power Firms The Federal Government on Wednesday approved the payment of N25.994bn owed by its Ministries, Departments and Agencies to...
Oil Workers Threatening Strike Over Salary Arrears – Marketers Oil marketers have said the Petroleum and Natural Gas Workers Senior Staff Association and the National Union...
‘Shale, Oil Sands Only Profitable With Over $50/bbl’ Shale drillers and oil sands producers have posted some healthy profits this year, but it will take oil...
Bumper harvest: Operators Predict Rice to Sell for N6,000/Bag Rice farmers, millers and processors on Wednesday announced that the price of a 50kg bag of the...
FG Getting Ready for Ajaokuta Second Concession The Federal Government is getting ready for the second concession of the Ajaokuta Steel Company. The Minister of Mines...
FG Asks MDAs to Move 60% of 2016 Projects to 2018 The Federal Government on Tuesday said its Ministries, Departments and Agencies had been asked to...
NNPC Boss Sidelining Me, Board, Kachikwu Tells Buhari The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has written a petition to President Muhammadu Buhari,...
OPEC’s Conformity to Voluntary Production Cut Reaches 116% The conformity level of members of the Organisation of the Petroleum Exporting Countries (OPEC), and non-OPEC in respect...
Discos Suffer Yearly Capex Shortfall of N71.2b Distribution Companies (Discos) in Nigeria’s power sector suffered capital expenditure (capex) shortfall of $198million (N71.2billion) in the last three...