Settlement Banks to Keep N15b T-Bills at CBN The Central Bank of Nigeria (CBN) has asked settlement banks to provide clearing collateral of not less than...
Russia to Phase Out Oil Export Duty by 2024 Russian President Vladimir Putin has signed separate laws that phase out Russia’s crude oil export duty and...
National Power Grid Highly Unstable – BEDC The Benin Electricity Distribution Company Plc has described the nation’s power grid as highly unstable, with over 2,000 outages...
Government Policy, Funding Stall Proposed Oil Refineries Government policy in the downstream sector and paucity of funds as well as inadequate technical capacity are pulling a...
Senators Planning to Impeach Buhari, Tinubu Alleges The National Leader of the All Progressives Congress, Bola Tinubu, has alleged that some members of the National Assembly...
FG to Buy N17bn Equipment to Track Fuel Distribution The Federal Executive Council on Wednesday approved the sum of N17bn for the installation of mechanism under...
Kachikwu Wants NLNG to Raise Capacity by 60% The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has challenged the Nigeria LNG Limited to expand...
Customs Seize N2bn Contraband in Two Weeks The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja has declared the seizure of contraband worth N2.55bn in...
FG Restricts Issuance of Visa to Foreign Engineers The Federal Government on Tuesday announced that it had commenced the restriction of the issuance of visas to...
Rivers Community Protests Alleged Relocation of Oil Firm to Lagos Hundreds of youths from Onne, Rivers State, on Tuesday, protested against an alleged move by Shell...