The House of Representatives has identified absence of defined penalties for default payment for products procured…
Category: News
China loads up on West African oil in March, hitting fresh record
China’s loadings of West African crude oil are set to rise to a new record in…
DPR warns Akwa Ibom IPMAN against petrol price increase
The Department of Petroleum Resources (DPR) in Eket has warned the Independent Marketers Association of Nigeria…
Aviation: FG removes two AIB directors
Two directors in the Accident Investigation Bureau (AIB) of the Ministry of Aviation were removed today…
Customs not responsible for clearance of sub-standard tyres – PRO
The Nigeria Customs Service (NCS) on Wednesday said products standards control is the responsibility of Standards…
Xenophobia: Niger Delta militants threaten to bomb South African investments
A coalition of Niger Delta militants on Wednesday threatened to blow up Multichoice (DSTV), MTN, Shoprite…
Reps to investigate CBN, Finance Ministry over unpaid BoA shares
The House of Representatives says it will investigate the Central Bank Of Nigeria (CBN) and the…
Dubai airport records 8m passengers in one month
Dubai International Airport (DXB) on Wednesday said passengers in January record reached 8 million, 9.7 per…
N1.1 billion subsidy fraud: Court adjourns trial of Arisekola’s son, others
An Ikeja High Court on Wednesday adjourned the trial of Opeyemi Ajuyah, a fuel subsidy fraud…
‘$10b yearly investment in oil, gas coming’
The Federal Government plans to attract $10 billion investment into the oil and gas industry yearly…
EU president Malta calls on bloc to pay more to move African migrants from Libya back home
The European Union (EU) is being urged by one of its front line states to significantly…
OPEC members must lower costs to compete with shale -Kachikwu
Members of the Organization of the Petroleum Exporting Countries (OPEC) must lower production costs to compete…