Senate Summons DMO, GE Over $27.9m Power Project Spending The joint Senate Committee on Public Accounts and Power, Steel and Metallurgy, on Wednesday criticised the Federal...
German, UK, Turkish Firms Jostle for Lagos, Abuja Airports Turkey’s biggest airport operator, TAV Havalimanlari Holding AS, is planning to bid for concession contracts for four...
FG to Earn N23bn From VAIDS Before Year End – Fowler The Federal Government will rake in an additional N6bn from the implementation of the Voluntary...
Nigeria, Libya Eye Oil Output Increase Despite OPEC Decision Less than two weeks after the decision by the Organisation of Petroleum Exporting Countries to extend oil...
NNPC Threatens to Shut Stations Hoarding Fuel The Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC) Dr. Maikanti Baru, yesterday said the Federal Government would...
Oil prices in the international market sustained their rally on Tuesday, with the Brent crude, the international benchmark for crude oil, trading at $65.24 a barrel,...
World Bank to Stop Financing Oil, Gas Projects from 2019 The World Bank will stop financing oil and gas exploration and extraction from 2019, it announced...
GE, Mainstream Sign N8.3bn Kainji Power Plant Rehabilitation Contract Mainstream Energy Solutions Limited has injected a fresh $26m (N8.3bn) investment into the Kainji Hydro Power Plant...
TSA: Reps Query Buhari’s Exemption of N50bn NNPC Accounts The House of Representatives, on Tuesday, raised questions over a “purported” presidential approval exempting some special Nigerian...
Zamfara Budgets N130.7bn Governor Abdulaziz Yari of Zamfara State has presented a 2018 budget of N130.7bn to the state House of Assembly. Capital expenditure, according to...
