Category: News
$115m ‘Diezani bribe’: Court frees lawmaker as ex-minister wife surrenders to EFCC
An Igbosere Chief Magistrates’ Court in Lagos on Tuesday struck out a charge against a federal…
Customs destroy trailer load of imported poultry worth of N35m
The Federal Operations Unit (FOU) Zone ‘C’ of the Nigeria Customs Service (NCS) in Owerri…
Despite oil cuts, IEA predicts output will outpace demand
Despite the oil production cuts agreed on by members and non-members of the Organisation of…
Abuja-Kaduna rail: FG to purchase 4 new locomotives in August
The Minister of Transportation, Rotimi Amaechi, said on Tuesday that the ministry would purchase four new…
De-categorization of port terminals will lead to huge loss of government revenue, says INTELS
INTELS Nigeria Limited has said that it opposes the de-categorization of port terminals by Nigerian Ports…
Capital Oil boss Ifeanyi Ubah released
The managing director of Capital Oil and Gas Limited, Dr. Ifeanyi Ubah, has been released from DSS’s…
Akwa Ibom to sue Total over N25bn tax liability
The Akwa Ibom State government is determined to drag Total E&P Nigeria Limited to court over…
Port Harcourt refinery: Activist groups demand documents on concession
At least 20 groups have demanded all the documents regarding the concession of the Port Harcourt…
FX reserves fall for nine days in a row as CBN pump fresh $195m
Nigeria’s foreign exchange reserves fell for nine days in a row as the the Central Bank…
Shell Nigeria considers investment in gas project in Niger Delta
Shell is considering whether to invest in a gas project in Nigeria’s southern Niger Delta energy…
We’ll be losing N50m revenue over collapsed bridge – NRC
The Nigerian Railway Corporation (NRC) on Saturday said it will be losing about N50 million revenue…