FG Seeks Private Sector Investment from UK The Federal Government on Thursday said it would work with government of the United Kingdom to stimulate more direct...
Inflation Rate’ll Decline Further in August The rate of inflation in Nigeria will decline further in August 2017’s report and this will make it the seventh...
NNPC Loses N48bn as Refineries’ Performance Drops by 45% Nigerian refineries are still performing poorly as an analysis of the latest monthly oil and gas sector...
OPEC Oil Output Slips on Renewed Libyan Outages The Organisation of the Petroleum Exporting Countries on Thursday announced that oil output had fallen by 170,000 barrels...
Fitch Affirms Nigeria at ‘B+’, Negative Outlook Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating at ‘B+’ with a negative outlook. Reuters on Thursday...
Power Generation Drops by 248MW in 24 Hours A total of 16 hydro, gas and steam power stations recorded various degrees of reduction in the quantum...
NNPC Cooperative Members Lament Fraud, Delayed Loans Some members of the Nigerian National Petroleum Corporation Cooperative Multipurpose Society Limited have expressed dissatisfaction over delay in getting...
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...
