Senate Rejects Buhari’s $29.9bn Loan Request The Senate on Tuesday declined consideration of the request of President Muhammadu Buhari seeking approval to source $29.9 billion loan...
12,000bpd Refinery to Start Operation in 2018 The Group President, Azikel Group, Dr. Eruani Azibapu has signed agreement for the construction of 12,000 barrel per day...
OPEC Approves Output Cut Strategy OPEC officials approved on Monday a document outlining the exporter group’s long-term strategy, in a sign its members are making progress...
NNPC Targets Gas in 126 Northern Basins,Others The Nigerian National Petroleum Corporation on Monday said that there was a need to expand the country’s gas exploration...
Korean Firm to Build 550 mw Power Plant in Cross River A South Korean firm, Kingline Integrated Power Development Limited, is set to build a 550...
Airports Record Nine Percent Drop in Passenger Traffic The harsh economic climate that the country is currently experiencing has made the aviation sector to record a...
Recession: Ford Stops Exportation of 500 Vehicles to Nigeria There are indications that Ford Motor Company has suspended its planned exportation of 500 units of vehicles...
Dangote Tasks NIPSS On Economic Diversification President/chief executive officer, Dangote Group, Aliko Dangote has challenge participants of the National Institute of Policy and Strategic Studies (NIPSS),...
South Africa Economy Hits Turbulent Times Uncertainty in the South African economy grows larger as Finance Minister, Pravin Gordhan, announces a revised growth estimate for 2016,...
Low Oil Prices Hit ExxonMobil, Chevron Earnings Low crude prices and weak refining margins weighed on third-quarter profits at US oil giants ExxonMobil and Chevron Friday....
