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2020-02-13 08:27
Bureau of Public Enterprises (BPE) Director-General Mr. Alex Okoh on Wednesday called on stakeholders in the Nigerian Electricity Supply Industry (NESI) to address the non-cost reflective ta… Read More
2020-02-12 08:32
PENSION fund assets at December last year have hit N10.22 trillion. It was N9.99 trillion in November of the same year. The investment of the fund followed the same pattern as the previous m… Read More
2020-02-11 05:50
The equities market closed on Monday on a negative note, declining by 1.05 per cent as investors sold off shares from across the board. The Nigerian equities market have been hit by weak sen… Read More
2020-02-11 05:41
The Nigerian National Petroleum Corporation has assets worth over $20bn, its Group Managing Director, Mr Mele Kyari, said on Monday, even as he decried the continued importation of petroleum… Read More
2020-02-07 09:15
The Nigeria Customs Service has said it will hand over the $8,065,612m intercepted at the Murtala Muhammed International Airport, Lagos to the Economic and Financial Crimes Commission and th… Read More
2020-02-06 05:38
The Department of Petroleum Resources (DPR) has inaugurated its digitilisation initiative for downstream operations under its Automated Downstream System (ADS) programme. According to the DP… Read More
2020-02-06 05:30
There are indications that Organisation of Petroleum Exporting Countries (OPEC), and  `its allies, especially Russia, will further cut oil supply by 500,000 barrels per day (bpd), a sit… Read More
2020-02-05 08:42
The House of Representatives has decried the visa restrictions imposed on Nigerians by the United States. While the House said the sanction was preventable, parliament blamed the Federal Gov… Read More
2020-02-05 07:30
The Federal Government, on Tuesday, offered a two-year and three-year savings bonds for subscription. The Debt Management Office said in a circular that the bonds were backed by the full fai… Read More
2020-02-05 07:14
The House of Representatives has asked the Federal Airports Authority of Nigeria to explain why it remitted only N9bn out of about N75bn it generated between 2014 and 2019. The House asked t… Read More
2020-02-05 06:50
The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other lending institutions like the World Bank and the African De… Read More
2020-02-04 05:13
The Federal Government has said it would review the concession of silos that were leased to private firms in the country. The Minister of Agriculture and Rural Development, Alhaji Muhammad N… Read More
2020-02-04 05:02
Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said. The bank said this in its African Economic… Read More
2020-02-04 04:53
The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending contract obligations in the 2020 budget, the Minister of Finance, Budget and Natio… Read More
2020-01-31 11:18
The 36 states of the federation and the Federal Capital Territory recorded a total of N986.29bn as internally generated revenue between January and September 2019, the National Bureau of Sta… Read More
2020-01-31 10:28
The Federal Government expects additional $150bn to the foreign reserves in the next 10 years through the implementation of the zero-oil plan The Executive Director/Chief Executive, Nigeria… Read More
2020-01-30 07:58
The Nigerian Electricity Management Services Agency has commenced a two-week training programme for 40 engineers in its employ to improve their capacity to work on meters. The Managing Direc… Read More
2020-01-30 05:32
The Federal Government on Wednesday announced that it would commence its agricultural mechanisation initiative in the next three months. It was also gathered in Abuja that the government of… Read More
2020-01-30 04:57
The total debt owed to the World Bank Group by Nigeria rose by $1.3bn in one year to $9.81bn as of September 2019, latest data from the Debt Management Office showed on Wednesday. The Intern… Read More

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