Motorists may ave endure four long months of traffic jam on the Lagos-Ibadan Expressway according to tje time line released by Federal Government. The road has posed a nightmarish experience... Read more
Eni S.p.A. E recently announced a huge discovery of gas and condensate onshore Nigeria. The reserves are estimated to have around 1 trillion cubic feet (Tcf) of gas and 60 million barrels of... Read more
(ETI) announces that International Finance Corporation and the funds managed by the IFC Asset Management Company (AMC) have completed the sale of their c.14.1 percent stake in Ecobank Transn... Read more
A consortium led by China Petroleum Pipeline Engineering Corporation (CPPEC) has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus. Th... Read more
THE Bureau of Public Enterprises (BPE), has restated Federal Government’s determination to ensure that Ajaokuta Steel Company Ltd. (ASCL) becomes fully operational. Mr Alex Okoh, the Directo... Read more
THE police on Wednesday arraigned a 35-year- old oil marketer, Adekoya Opeyemi, who allegedly defrauded his South African employer of 240,000 U.S. dollars ( about N84 million) in a Magistrat... Read more
representing Abia North Senatorial District and former governor of the state, Chief Orji Uzor Kalu, yesterday told a Federal High Court, Lagos, how he gave former President Olusegun Obasanjo... Read more
Electricity tariffs have increased by more than 300 per cent in the last four years, investigation has shown. Although the government has always predicated increases in tariffs on the need f... Read more
The trial of the former Governor of Abia State, and the lawmaker representing Abia North Senatorial District, Orji Uzor Kalu, has been stalled at the Federal High Court sitting in Lagos. Sen... Read more
9mobile Nigeria has secured $230 million from the Africa Finance Corporation (AFC) to expand its network and compete effectively in the Nigerian market and others. Confirming the transaction... Read more