Oil Prices Drop as Doubts Over Output Cuts Mount Oil prices slipped yesterday over doubts that large oil producers will reduce production as promised and on...
2017 Budget: ‘Public Trust Will Ensure Sustainability’ A former President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief John .K. Randle has said the...
Expert Advocates Local Procurement in Oil and Gas Sector An expert in the oil and gas sector, Mr. Bala Zaka has disclosed that Nigeria stands to...
FG to Restructure, Recapitalise BoA With N500bn The Federal Government has set up a 21-man steering committee to restructure and recapitalise the Bank of Agriculture. The...
Nigeria’s Forex Earnings Hit $24 Billion in Third Quarter 2016 The federal government aggregate foreign exchange (forex) inflow as at the third quarter of 2016 moved...
Seven Power Plants Down, 1,899MW Lost The shutdown of seven power plants across the country has led to a total electricity load loss of 1,899.7 megawatts....
Fuel Subsidy Returns as Landing Cost Hits N145 The Federal Government has resorted to subsidy regime following an increase in the landing cost of Premium Motor...
Warri, Kaduna Refineries Record zero Production Two out of Nigeria’s three refineries were completely dormant in November 2016 as they could not refine a drop of...
Ondo Partners Firm for Rice Production The Ondo State Government has signed a Memorandum of Understanding with an agro-allied firm, Africa Red Crest (Nigeria) Limited, for...
IMF Links Nigeria’s Economic Woes to Poor Management The International Monetary Fund has said that efforts to save the naira by rationing foreign exchange have failed....