Corruption in Oil Industry Exaggerated The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said corruption in the oil and gas industry was overblown. Kachikwu...
ExxonMobil Discovers One Billion Barrels of Oil in Nigeria Barely a week after it sold its downstream subsidiary in Nigeria, United States’ oil giant, ExxonMobil Corporation,...
Experts, PDP Warn Buhari Against Borrowing $29.96bn Economic and financial experts have warned President Muhammadu Buhari to exercise caution over his administration’s plan to borrow $29.96bn...
FG Releases 50% of Funds for Capital Expenditure The Minister of State for Budget and National Planning, Zaynab Ahmed, on Wednesday said the Federal Government had...
IMF Tells Nigeria to Address Recession With Coherent Policies The Federal Government needs to address the biting recession in the country with “a coherent and consistent...
Swedish Investors Seek Opportunities in Power, Mining Swedish companies seeking investment opportunities in the mining and electricity industries on Tuesday stormed the headquarters of the Federal...
Nigeria’s Projected 2.5mbpd Oil Output Cannot Grow Economy The Nigerian Association of Energy Economics (NAEE) has said Nigeria’s constant projection of 2.5 million barrels per day...
FG Unveils Plan for Economic Diversification, Growth The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has stated that the strategic focus of the ministry’s...
FG Begs AfDB to Fast-Track $1bn Loan The Federal Government has appealed to the African Development Bank to fast-track the $1bn loan facility it promised as...
Power Firms Seek FG’s Intervention on Tariff To avert an increase of over 200 per cent in electricity tariff payable by residential consumers in the near...
