FEC Approves Completion of Odogunyan Power Project The Federal Executive Council on Wednesday approved the completion of the abandoned Odogunyan power project in Lagos state at...
Fitch Downgrades Nigeria’s Outlook to Negative Fitch Ratings has revised the outlook on Nigeria’s long-term foreign and local currency Issuer Default Ratings to negative from stable...
Equities Market Gains Marginally as 23 Stocks Advance The Nigerian equity market closed on a positive note on Wednesday as 23 stocks appreciated, boosting the market...
Govt to Compel MDAs to Patronise NigComSat The Federal Government will compel Ministries, Departments and Agencies to acquire bandwidth services from the Nigerian Communications Satellite Limited,...
The Federal Ministry of Transportation and the Nigerian Trawler Owners Association have intensified plans for the establishment of a world-class fishing terminal in Lagos. A former...
Nigeria, Three Others Face Threat of Famine The world may experience unprecedented hunger this year following threat of famine in Nigeria, Somalia, South Sudan and Yemen...
Fast-track Infrastructure Projects in Nigeria, FG Begs China The Federal Government on Wednesday called on the Chinese Government and private companies handling key infrastructural development projects...
NNPC Lacks Oil Trading Skills The Group Managing of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, on Wednesday said the firm lacked international oil trading...
GE Offers Investment in Nigeria’s Refineries General Electric, GE, a US multinational company, Tuesday in Abuja, proposed to invest in the nation’s three refineries located in...
DISCOs Monthly Revenue Shortfalls Rise to N25bn in 2016 Electricity Distribution Companies, DISCOs’ remittances to Nigeria Bulk Electricity Trading, NBET, dropped to about 35 percent in...