Buhari to Launch Economic Recovery Plan Next Month Barring any last minute change in plans, President Muhammadu Buhari will next month launch the National Economic Reconstruction...
Senate Rejects ‘Padded’ N143bn FIRS Budget The Senate on Thursday rejected the report by its Committee on Finance in which the N143.7bn budget of the Federal...
Chevron Begins Gas Production From Alder Field Chevron North Sea Limited has started production from the Alder high-pressure, high-temperature natural gas-condensate field 160 km from the...
FG to Settle $5bn JV Debt With Crude Oil The Federal Government has reached an outline settlement to resolve a protracted dispute with Western energy companies,...
Dangote Plans $20bn Investment in Nigeria The Dangote Group has announced plans to invest $20bn in Nigeria over the next five years. The investment, according to...
The Minister of State for Petroleum, Dr. Ibe Kachikwu, says the recent N4 increase in price of petrol in Nigerian National Petroleum Corporation filling stations, is...
Power Sector Liquidity Gap Hits N1tr The Chief Executive Officer of Eko Electricity Distribution Company (DisCo), Dr Oladele Amoda at the weekend lamented that the funding...
Petrol Price Hike Not on the Cards, Kachikwu Insists The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the federal government is not...
Experts Want Government to Engage Economists From economists came a warning to the Federal Government to involve experts in the management of the economy, if it...
Refineries Perform Below 20% as Losses Persist The consolidated performance of three of Nigeria’s refineries in Warri, Kaduna and Port Harcourt is below 20 per cent,...