FG Begins Probe of Contractors’ Tax Records The Federal Government has started reviewing the tax compliance records of all contractors who have received payments from the...
German Firm Buys Nigerian Insurer for $35m Germany’s Allianz plans to pay $35m for 98 per cent stake in a Nigerian insurer, Ensure Insurance, in a...
Commercialising NIGCOMSAT to Gulp N2bn The process of commercialising Nigerian Communications Satellite known as NigComSat-1R will gulp about N2bn, the Ministry of Communications has said. A...
Govt Begins Payment of Workers’ N23bn Salary, Promotion Arrears The Federal Government has commenced the payment of about N23bn promotion arrears and salary shortfall to civil...
FG Awards $5.8bn Mambilla Power Plant Contract The Federal Executive Council on Wednesday approved the contract for the engineering work of the Mambilla Hydro Electric Power...
Air Transport Contributes $8.2 b to Nigerian GDP Annually The Minister of State for Aviation, Hadi Sirika on Wednesday disclosed that air transport in Nigeria contributes...
BoI approves N5bn intervention fund for miners The Bank of Industry and the Ministry of Mines and Steel Development on Tuesday sealed a N5bn financing pact...
Oil Marketers Threaten Mass Sacking Over $2bn Debt Oil marketers have said they will embark on mass retrenchment following the failure of the Federal Government to...
NNPC Increases Gas Supply to Power Plants by 123 % The Nigerian National Petroleum Corporation on Tuesday said it had increased daily average natural gas supply...
NNPC, Total, Others Execute N259bn Gas Aggregation Agreement The Nigerian National Petroleum Corporation, Total Exploration and Production Nigeria Joint Venture and Greenville Oil and Gas Limited,...