‘Why Deepwater Fields Produce 41% of Nigeria’s Total Oil Output’ Oil production from deep-water acreages, carried out through the production sharing contract (PSC), accounts for 41...
Nigeria Okays $6.7b Plan for Northeast Reconstruction The Federal Government says it has developed a N6.7 billion plan for the reconstruction, rehabilitation and resettlement of northeast...
MPC Seeks 5% Interest Rate on Loans to Farmers A member of the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) Balami Hassan wants interest...
Buhari Assures Chinese Investors of Support President Muhammadu Buhari on Wednesday assured existing and prospective Chinese investors of high-level support for their investment plans in Nigeria....
Recapitalisation: Job Losses Loom in Insurance Industry Many workers in the insurance sector may lose their jobs due to the loss of business by most of...
Experts Lament Huge Amount Spent on Fuel, Generators Participants at a workshop on energy have said that Nigerians were spending about N1tn annually to provide electricity...
PIB Faces Uncertain Future as Elections Draw Near Against the backdrop of the refusal of President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill...
Buhari Gets China’s Support for 3,050MW Mambila Hydropower Project President Muhammadu Buhari on Wednesday secured the support of the Chinese President, Xi Jinping, for the building...
Telecom Operators Seek Participation in Mobile Money Major network operators in the country are soliciting an opportunity to participate in the mobile money industry to drive...
FG Seeks One-year Extension of World Bank’s $160m Job Creation Fund Following its inability to disburse $160m job creation funding provided by the World Bank, the...