Business and Economy
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Ship owners to benefit from $200 million Cabotage Fund, says Amaechi … As Dakuku chairs Committee
Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi has announced that Ship owners will now benefit directly from the Two…
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Amaechi surprises staff, visits offices unannounced; Witnesses absenteeism, dilapidation, truancy
In a bid to ascertain the level of commitment by staff of his ministry, Minister of Transportation, Rt Hon. Chibuike…
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DMO offers N155bn of 3 Instruments to investors
By Mustapha Sumaila Abuja, Jan. 22, 2020 The Debt Management Office (DMO) of Nigeria has offered N155.00 Billion of three…
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Gov. Ugwuanyi says Enugu can thrive without Federal Allocations
By Emmanuel Acha Enugu, Jan. 21, 2020 Gov. Ifeanyi Ugwuanyi of Enugu State says his administration can thrive without revenues…
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Sanwo-Olu calls for equal trade partnership between UK and Africa … Attends Investment Summit in London
Lagos State Governor, Mr. Babajide Sanwo-Olu, has called for equal partnership between United Kingdom and African countries if it hoped…
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Oyo will take full advantage of Lagos-Ibadan rail project – Makinde …as Gov, Amaechi inspect rail project …Amaechi decries slow pace of work
Oyo State Governor, Engineer Seyi Makinde, said on Monday that the state would take full advantage of the ongoing…
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DPR seals 10 illegal gas stations in Osun
By Victor Adeoti Osogbo, Jan. 19, 2019 The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 10 Liquefied…
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Nine professors, 22 others inducted for Shell sabbatical, research positions
PORT HARCOURT, Nigeria, January 19, 2020 Thirty-one Nigerian academics and research interns including nine professors and four senior lecturers were…
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London summit: ACFTA to top discussion as Adesina visits UK
By Mustapha Sumaila Abuja, Jan. 17, 2020 The African Continental Free Trade Area (ACFTA) will top discussion as Dr Akinwumi…
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Emerging paradigm shift in fuels market and the Nigerian economy By Professor Chijioke Nwaozuzu
For more than a century, fossil fuels have accounted for a larger proportion of global energy supply sources. However, with…
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We have greatly spurred economic growth, typified change – NIMASA DG …To honour stakeholders to encourage increase in maritime investments
The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said the Agency’s regulatory and promotional…
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Access Bank refutes alleged arrest of Group Managing Director
Foremost financial institution, Access Bank PLC has refuted the alleged arrest of its Group Managing Director, Mr. Herbert Wigwe by…
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Reprieve for MTN Nigeria over alleged $2bn revenue indebtedness
By Chinyere Joel-Nwokeoma Lagos, Jan. 10, 2020 MTN Nigeria Communications Plc on Friday said its case with the Federal Government…
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Gov. Ihedioha swears-in Dr. Abraham Nwankwo as new Chief Economic Adviser
Governor Emeka Ihediohan of Imo State, on Monday, swore-in Dr Abraham Nwankwo as the Chief Economic Adviser to the State.…
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Ekiti takes delivery of N1.4 Billion water equipment for Ero Dam… As Fayemi targets water supply to 10 LGAs from rehabilitated dam
Ekiti State Governor, Dr Kayode Fayemi has taken delivery of water equipment worth N1.4 Billion for the ongoing rehabilitation work…
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Bayelsa outage: PHEDC regrets impact on economy, says N16.6bn debt crippling firm
The Port Harcourt Electricity Distribution Company (PHEDC) says the power outage in Bayelsa since Dec. 23, 2019 and its adverse…
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NSCDC arrests 2 over alleged vandalism of MTN telecom mast in Bayelsa
The Nigeria Security and Civil Defence Corps (NSCDC), Bayelsa Command said that two people were arrested during attempted vandalism of…
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New Year gift: Nigerians to pay more for electricity; NERC approves hike in tariff from Jan. 1
By Constance Imasuen Abuja, Jan. 4, 2020 The Nigerian Electricity Regulatory Commission (NERC), has approved increase in electricity tarriff by…
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Sale Mamman: Taking the right steps in Nigeria’s Power House By Emmanuel Bello
Have you met the Honourable Minister of Power, Engr. Sale Mamman? I have and nothing has made me more…
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Oyo Gov, firm target two million households for solar power
The Governor of Oyo State, Seyi Makinde, is working to make solar energy accessible to no fewer than two million…
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Shutdown of PHEDC in Bayelsa over N16.5 bn debt, blackout enters day 10
The power outage occasioned by the face-off between the Ijaw Youths Council (IYC) and the Port Harcourt Electricity Distribution Company…
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Dangote Cement: Makoju retires after 45 years in industry
The Group Managing Director/CEO of Dangote Cement Plc (https://www.Dangote.com/), Engr. Joseph Makoju mni will retire as GMD/CEO effective January 31, 2020, a…
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Solar energy will crash price of power in Nigeria – Triton Solar
New Jersey, United States of America-based, a manufacturer of solar panels, lighting and batteries, Triton Solar, has promised that the…
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UKAID/DFID partners Techno Oil on LPG Cylinders’ distribution to rural communities
UKAID/Department for International Development (DFID) under its Modern Energy Cooking Services -Technology Research Innovation for International Development [MECS-TRIID] in conjunction…
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NNPC, partners take Final Investment Decision on NLNG Train 7 project
By Edith Ike-Eboh Abuja, Dec. 27, 2019 The Nigerian National Petroleum Corporation (NNPC), and its partners have taken Final Investment…
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