Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement to increase crude production by about 39,... Read more
The Federal Government is proposing to spend a total of N158m for the maintenance and fuelling of generators at the Federal Ministry of Power, Works and Housing. According to the budget prop... Read more
As it appears there is no immediate hope for electricity consumers to provided with meters, the Federal Government has reinstated the regulation that allows power consumers to purchase meter... Read more
The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of former Secretary to the Government of the Federation (SGF), Sen. Anyim Pius Anyim. Spokesman of the commission... Read more
The House of Representatives on Thursday explained its decision to approve the $5.5bn loan request by President Muhammadu Buhari. It said lawmakers had confidence in Buhari to spend the mone... Read more
Former Niger governor Babangida Aliyu was on Thursday arraigned before a Federal High Court in Minna on charge of money laundering. The ex governor was arraigned alongside a former Commissio... Read more
Human rights lawyer Femi Falana SAN has accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit over $20.2 billion from the return of democracy in 1999 to date, saying... Read more
Nigeria’s inflation rate has dropped to 15.91 per cent in the month of October, indicating a marginal drop from 15.98 recorded in September. Figures released by the National Bureau of... Read more
The Federal Government on Wednesday announced the revocation of the residence permits of expatriates of Intel and five other Nigerian companies. Intels is said to be promoted by Alhaji Abub... Read more
The Minister of State for Petroleum, Dr Ibe Kachikwu, says oil exploration in the North East is for the good of the nation. He said this during “Overview of 2018 Budget Proposal” on Tuesday... Read more