The nation’s power generation dropped by 1,682 megawatts on Monday from 4,129.2MW on Sunday. Data from the Nigeria Electricity System Operator, an arm of the Transmission Company of Nigeria,... Read more
The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawa... Read more
Former President Goodluck Jonathan has reacted to the report that claimed that lawyers for the Federal Government had , in a London court filing , accused him of accepting bribes in order “... Read more
The Nigerian government has obtained fresh evidence incriminating former President Goodluck Jonathan and his then oil minister, Diezani Alison-Madueke, of accepting bribes and breaking the c... Read more
China would invest $250 million on a dry port in Ibadan that will decongest the ports in Lagos and speed up clearance of goods by the Customs Service. The Chairman of China Railway Construct... Read more
Fidelity Bank Plc has been boosted by more than $50m from the African Development Bank (AfDB). The African decelopment insitution extended a $50 million the facility to Fidelity Bank Plc for... Read more
A few days after the International Human Rights Commission (IHRC) announced the appointment of the Senate President, Dr. Bukola Saraki, as its “Ambassador-at-Large”, the Economic and Financi... Read more
NIGERIA inched closer to its target of bridging projected shortfall in domestic gas supply with the inauguration of the Asa North/Ohaji South (ANOH) Gas Processing Company, a partnership bet... Read more
The world’s demand for gold rose in the first three months of 2019 as central banks diversified away from the dollar amid concern over geopolitical instability, the World Gold Council indust... Read more
The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential... Read more