Kerosene scarcity persists despite deregulation
Despite the stoppage of kerosene subsidy by the Federal Government, the product is still not…
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NNPC recorded N267bn loss in 2015 – Report
The Nigerian National Petroleum Corporation recorded a loss of N267.14bn in 2015, latest data from…
TCN records 5, 074.7Mw peak generation
The System Operator, Transmission Company of Nigeria (TCN) yesterday said it achieved a new record peak…
7 Foreign Firms Jostle For Ajaokuta Steel Complex
The minister of state for solid minerals, Abubakar Bawa Bwari, has said that more than…
Nigerian govt. recovers over $14million in unpaid oil royalty from Jide Omokore’s firm
The Nigerian government has succeeded in compelling the Chairman of Atlantic Energy Drilling Concepts Nigeria…
IMF: African oil producers have not requested for loans
The International Monetary Fund (IMF) has said that although it is ready to help sub-Saharan…
N’Assembly to pass 2016 budget Feb. 25
The National Assembly is expected to pass the 2016 Appropriation Bill on February 25. The…
Court orders arrest of ex-Ekiti PDP secretary for perjury
A Chief Magistrate’s Court in Ado Ekiti has ordered the state Commissioner of Police, Etop…
Supreme Court upholds Okezie Ikpeazu’s election as Abia governor
The Supreme Court has upheld the election of Okezie Ikpeazu of the Peoples Democratic Party…
Tony Elumelu Applauds US Congress for the passage of the ‘Electrify Africa Act’
The Chairman, Heirs Holdings, UBA Plc and founder of the Tony Elumelu Foundation, Tony O. Elumelu…