NUPENG Declares National Strike The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared a nationwide strike beginning from today. The strike which will...
Oil Prices Rebound, Glut Persists Oil markets edged higher on Tuesday on expectations that at least some planned production cuts would be implemented, making a slight...
Power Sector Privatisation Faulty, Says Saraki President of the Senate, Bukola Saraki, has described the privatisation process in the power sector as faulty and hindering the...
Cooking Gas Price Hits N5,000 The inability of a vessel carrying Liquefied Petroleum Gas, popularly known as cooking gas, to berth and discharge in Lagos has...
Chinese Steel Firm Pledges Commitment to Nigeria A Lagos-based Chinese steel manufacturing company, HongXing Steel Company, has expressed confidence in the ability of the Nigerian economy...
NNPC Targets 80 Percent Refining Capacity by 2018 The Nigerian National Petroleum Corporation (NNPC) said it plans to increase the capacity utilisation of its refineries to...
Non-performing Loan Ratio Crashes to 13.4% As economic recession continues to weigh on the banking sector, non-performing loans ratio in the banking industry has crashed further...
Inflation Rate May Hit 20% in First Quarter Economic and financial experts have said that the country’s inflation rate may rise further to 20 percent during...
FG, Oil Firms Optimistic About Increased Crude Production The Federal Government and oil firms have expressed optimism that crude production in the country will increase this...
Manufacturers Spend N226bn Monthly on Gas About 2,000 manufacturers using gas to power their operations spend an average of N200bn a month on power generation, investigation...
