Business and Economy
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NNPC records N85.5 billion loss on petrol importation, says Kachikwu
Naomi Sharang The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on Thursday said the Nigerian National Petroleum Corporation,…
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NPA sympathises with Tin Can Port fire victims
By Aisha Cole The Management of the Nigerian Ports Authority (NPA) has sympathised with those affected by the fire which…
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Sirika explains delay in completion of Abuja airport new terminal
By Sumaila Ogbaje The Minister of State for Aviation, Sen. Hadi Sirika, has explained that completion of the new terminal…
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Kia Motors posts global sales of 226,842 vehicles in December
Kia Motors Corporation announced its December 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording…
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2018 budget: Financial expert urges FG to work with NASS on early passage
By Chinyere Joel-Nwokeoma A financial expert, Prof. Sheiffdeen Tella, on Monday called on the Federal Government to work closely with…
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2018: Obi calls for declaration of state of emergency on economy •Wishes Nigerians a productive year
The former Governor of Anambra State, Mr. Peter Obi, has called for a declaration of state of emergency on the…
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DPR forces filling stations to sell fuel at N145 in Gombe; State NARTO Chairman: There’s no fuel at the depot; our trucks are lying idle in Lagos
The Gombe State field office of the Department of Petroleum Resources (DPR) has forcefully supervised the sale of fuel at…
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HYPREP commences implementation of UNEP Report … Says it’s not for sharing of money
David Amusa, Port Harcourt The Hydrocarbon Pollution Remediation Project (HYPREP), an agency charged with the implementation of the UNEP report…
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Obi seeks Government support for Innoson, other indigenous manufacturers; Calls for intervention to resolve transaction crisis between company, GTB
Former Governor of Anambra State, Mr. Peter Obi, has appealed to all tiers of Government to make the Innoson brand…
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Nigerians won’t go into New Year with petrol scarcity – NNPC vows
By Ismaila Chafe The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has vowed that Nigerians…
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Nestle crosses N1, 500 to close 2017 at N1, 555.99
By Chinyere Joel-Nwokeoma Transactions for the last trading day for 2017 on the Nigerian Stock Exchange (NSE) recorded an upward…
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Archbishop calls for end to petrol importation
The Federal Government has been urged to initiate genuine measures to resuscitate the nation’s refineries to produce optimally to meet…
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Bauchi State Govt. budgets N168bn for 2018 fiscal year
By Huseyn Abubakar Mbar Gov. Mohammed Abubakar of Bauchi State on Thursday presented N168 billion budget for 2018 fiscal year…
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A’Ibom Govt. denies presenting over bloated budget for 2018
By Isaiah Eka The Akwa Ibom Government says its 2018 budget is not “over bloated” as being speculated by Policy…
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Oil hits approximately $67 on Libyan pipeline blast
Oil prices have touched two-and-a-half year highs in light volume boosted by an explosion on a crude pipeline in Libya…
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Rivers State Government, Shell Nigeria Gas sign MoU on gas supply to industries
The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of…
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Again, FG says no plan to hike fuel price
By Yemi Adeleye The Vice-President, Prof. Yemi Osinbajo, on Monday restated that the Federal Government had no plan to increase…
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Yuletide: British Airways slashes fares for Business Class passengers
By Jane Adigwe The British Airways (BA) says it has slashed its airfares for its Business Class customers and the…
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Bayelsa shines again, wins 2017 world SME excellence award
The Bayelsa State Microfinance and Enterprise Development Agency (BYMEDA) has gained international recognition as it has bagged the 2017 World…
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Fuel now sells at N250 per litre in Enugu
By Stanley Nwanosike A litre of fuel now sells for N250 in most filling stations owned by the independent petroleum…
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FG not contemplating hike in petrol pump price – SGF
By Friday Idachaba The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal…
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NNPC to flood market with petroleum products
By Yetunde Bada The Nigerian National Petroleum Corporation (NNPC) says it is intensifying efforts to flood the market with petrol…
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Gov. Fayose signs N98.6bn budget into law
By Ariwodola Idowu Gov. Ayo Fayose of Ekiti State on Friday signed the N98.6 billion budget for 2018 into law,…
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Dankwambo presents N104.9 billion Appropriation bill for 2018
Governor Ibrahim Hassan Dankwambo of Gombe State has presented a budget estimate of N104, 922,427,305.00 tagged “budget of enhanced growth…
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NNPC says it did not sell crude to phantom companies
By Yetunde Bada The Nigerian National Petroleum Corporation (NNPC) on Thursday said it had no dealings with companies without legal…
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