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...
FG Receives Knocks over New National Gas Policy Operators in Nigeria’s oil and gas industry have picked holes in the 2017 National Gas Policy unveiled by...
FG Set to Release Second Tranche of Capital Budget Barring any unforeseen circumstances, the Ministry of Finance will soon release the second tranche of the N2.1...
‘Lagos Controls Over 90% of Nigeria’s Forex Inflows’ The Lagos State Government has said it controls over 90 per cent of foreign exchange inflows into the...
Dangote Denies Tax Holiday for Apapa Road Construction The management of Dangote Group has debunked speculations that the company would benefit from a 10-year tax holiday...
The import of Nigeria’s crude oil by the United States increased by 32.1 percent to 52.36 million barrels in the first half of this year, compared...
Refineries’ Rehabilitation to Cost NNPC $1 Billion The planned rehabilitation of the nation’s refineries will cost the Nigerian National Petroleum Corporation (NNPC) about $1 billion, it...
