Consultation ongoing on $30bn loan – Presidency

The Presidency on Wednesday said top level consultation had been initiated between the Executive and Legislative…

Recession: Investment inflow shrinks by $4.5bn in nine months

The level of investments inflow into the country recorded a huge decline of $4.51bn from the…

Finally: Ambode releases Lake rice

Lagos State Governor, Akinwunmi Ambode and his Kebbi State counterpart, Alhaji Atiku Bagudu on Wednesday released…

Fresh oil spill hits Ibeno communities in Akwa Ibom

Fresh oil spills suspected to emanate from American giant oil facility- ExxonMobil have hit more than…

27 ships laden with petroleum products, food items, to arrive Lagos

Twenty seven ships laden with petroleum products, food items and other goods are expected to arrive…

NNPC: Refineries to work full blast in 2017

The Nigerian National Petroleum Corporation, NNPC, said it would embark on a comprehensive rehabilitation of the…

We won’t privatise refineries, says Kachikwu

The country’s three refineries in Warri, Port Harcourt and Kaduna are not up for concession or…

FG approves 13% derivation for solid-mineral producing states

The Federal Government has given approval for the implementation of the constitutionally guaranteed 13 per cent…

IPMAN threatens strike over nonpayment of 18 months claims

The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has threatened to embark on…

3 tanker drivers in court for stealing 33,000L of petrol

Three tanker drivers, who allegedly stole 33,000 litres of petrol, was on Tuesday, arraigned in an…

EFCC drags Etete, Adoke to court over Malabu $1.1b oil deal

The anti-graft EFCC has filed fraud charges against Nigeria’s former Attorney-General, Mohammed Adoke; a former petroleum…

Workers’ protest a total disregard of Nigeria’s laws – Arik Air

Arik Air has expressed dismay over the disruption of its operations by unions in the aviation…