Nigeria’s Oil Production Declines, Active Rigs Rise Nigeria, which again lost its Africa’s top oil producer status to Angola in January, has recorded further decline in...
Transcorp Hotels’ Profit Rises to N3.7bn Despite the harsh economic climate, which impacted negatively on the hospitality industry, Transcorp Hotels Plc recorded an increase in profit...
Govt to Declare Telecoms Facilities as Critical Infrastructure The Federal Government is set to declare telecommunications facilities across the country as critical national infrastructure. The Minister...
Adeosun Resolves PenCom, NAICOM Rift Over N140bn Annuity Fund The Minister of Finance, Mrs. Kemi Adeosun, has brokered a resolution of the dispute between the National...
Customs Suspend Import Duty Payment on Old Vehicles The Nigeria Customs Service on Wednesday announced the suspension of the implementation of the payment of import duties...
FG Cuts Fertilizer Price by Half President Muhammadu Buhari has approved the payment of the outstanding N22bn that is meant for dealers of agricultural inputs, popularly...
Senate Orders Ali, Customs Boss Arrested The Senate has agreed to issue warrant of arrest to compel the Comptroller-General of the Nigeria Customs Service (NCS), retired...
Senate Rejects Magu as EFCC Chairman The Senate on Thursday for the second time rejected the nomination of Ibrahim Magu as the Chairman of the Economic...
Meter Manufacturers Frown at Malicious Criticism The Electricity Meter Manufacturing Association of Nigeria, EMMAN, has warned that it would no longer condone acts capable of undermining...
LPG Market to Grow by 12,000 Tonnes in Q2 The Liquefied Petroleum Gas, LPG, market is expected to hit an additional storage capacity of about 12,000...