Air Peace Pledges on-time Departure as Kaduna Operations Begin Air Peace has said it has made arrangements to take travellers to their destinations on schedule as...
Court Orders AMCON to Take Over Guest House Hon. Justice Babs O. Kuewumi of the Federal High Court Lagos Division has granted an injunction against Mustasons...
Government Spends N2.4tr on Fuels, Lubricants Import The Federal Government spent N2.4 trillion on the importation of fuels and lubricants in 2016, according to the National...
World Bank to Raise $1.6b to Combat Hunger in Nigeria, Others World Bank Group President Jim Yong-Kim on Thursday said the bank was working toward raising...
OML 29: Aiteo’s Production Hits 90,000 Barrels Daily An integrated energy group, Aiteo, said it had achieved a peak production of 90,000 barrels per day in...
IBEDC Needs N60bn for Metering Ibadan Electricity Distribution Company has said it needs between N30bn and N60bn to supply one million meters to its customers, decrying...
Oil Output: FG Abandons Four-million-barrel Target Seven years after the production target of four million barrels of oil per day was set, the Federal Government has...
Oranto Petroleum Invests $500m in South Sudan Oil Block Nigeria’s Oranto Petroleum Limited has said it has signed oil sharing agreement with South Sudan covering the...
GTBank Posts N132bn Profit, Recommends 175k Final Dividend Guaranty Trust Bank (GTBank) Plc reported gross earnings of N414.62 billion for the year ended December 31, 2016,...
Nigeria Loses $1.5bn Yearly to Maternal Deaths The United Nations Population Fund says Nigeria loses about $1.5bn in productivity to maternal mortality every year. It noted...