Chinese Oil Giant Sinopec Probed by the U.S. Over Nigeria Bribery Allegations U.S. authorities are investigating China Petroleum & Chemical Corp. over allegations that the state-controlled...
Nigeria Pledges Protection for Islamist Militants Who Surrender Nigeria’s military urged members of the Islamist militant group Boko Haram to surrender and pledged to protect them...
Oil Field Owners Urged to Lead Modular Refinery Construction To address the challenges facing modular refinery construction in Nigeria, industry stakeholders have urged indigenous exploration and...
NLNG Seeks Govt’s Support for Trains 7&8 The Nigeria Liquefied Natural Gas Limited (NLNG) has sought the support of the Federal Government for its proposed Trains...
Magu: EFCC Has Recovered over N430bn Loot in Eight Months The Economic and Financial Crimes Commission (EFCC) wednesday said it had recovered about N409 billion and...
Lagos Airport Experiences Black Out Activities at the international wing of the Murtala Muhammed Airport were last night paralysed following power outage as darkness enveloped the...
FG Begins Probe of Contractors’ Tax Records The Federal Government has started reviewing the tax compliance records of all contractors who have received payments from the...
German Firm Buys Nigerian Insurer for $35m Germany’s Allianz plans to pay $35m for 98 per cent stake in a Nigerian insurer, Ensure Insurance, in a...
Equities Market Declines by N185bn as 31 Stocks Slump The stock market, on Wednesday, depreciated by N185bn following drops in the share prices of 31 companies....
Commercialising NIGCOMSAT to Gulp N2bn The process of commercialising Nigerian Communications Satellite known as NigComSat-1R will gulp about N2bn, the Ministry of Communications has said. A...