Singapore buyer sets China’s ship auction record online at $14 million

A Singapore buyer has won an auction for a ship belonging to bankrupt Nantong Mingde Heavy…

Power sector was sold to clueless investors, says Saraki

Senate President Bukola Saraki on Tuesday criticised how the power sector was privatised, saying it was…

Pirates abduct, rape women in Akwa Ibom community

The village head of Idua Sang, Oron Local Government Area, Akwa Ibom State, Iniko Asukwo Offiong,…

Nigeria begins trade negotiations with African countries

The Federal Government will this week begin another round of negotiations with all the countries in…

NCDMB plans forensic audit of oil industry

The Nigerian Content Development and Monitoring Board (NCDMB) says it will embark on a forensic audit…

Lagos -Ibadan, Ilorin-Kano rail lines to cost govt $7.6b

The Federal Government plans to spend $6.1 billion on the construction of Ibadan-Ilorin-Minna-Kano standard gauge lines…

Reps summon Emefiele over $1bn forex sales by IOCs

An ad hoc committee of the House of Representatives on Monday summoned the Governor of the…

Tompolo’s contract with NIMASA is stalled – Dakuku 

The Nigerian Maritime Administration and Safety Agency (NIMASA) says the investigation of Global West Nigeria Limited…

Nigeria facing serious economic challenges – Osinbajo

Acting President Yemi Osinbajo on Monday insisted that Nigeria is facing serious economic challenges. Recalling the…

Amaechi says Buhari didn’t promise to fix Nigeria in one year 

Minister of Transport, Rotimi Amaechi on Monday said APC government did not promise to fix Nigeria’s…

NIMASA Fraud: My statement to EFCC not voluntary – Jauro 

A former Acting Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Haruna Jauro, on…

FG outlines economic recovery plan, targets 7% GDP growth rate

The federal government has outlined plans to get Nigeria out of recession and on a path…