Dangote tasks federal government to take draconian action against smuggling
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Chairman of Dangote Group, Alhaji Aliko Dangote, has tasked the Federal Government to take drastic action against Republic of Benin, whose porous border encourages...
Despite Improved Rainfalls, Power Supply Remains Below 4,000MW
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* ....Disco to install 222,728 pre-paid meters
Power generation in the country has remained below 4,000 megawatts (MW) despite the increase in rainfalls, which...
NNPC releases 2019 audited financials, declares N1.7bn loss …N803bn loss recorded in 2018
The Nigerian National Petroleum Corporation, NNPC, Thursday, announced the release of its 2019 Audited Financial Statement, declaring a loss of N1.7 billion, representing a...
Zeetin Boss, Azibaola Robert, Makes Headlines With Electric Car Design
The importance of made in Nigeria products, goods and services cannot be undermined. Currently, most of the foods consumed in the country are produced...
CBN withdraws operating licenses of 42 microfinance banks (Full List)
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down following...
Oil price slump: FG further slashes fuel price to N123.50 per litre
The Federal Government, yesterday, further slashed the price of Premium Motor Spirit, PMS, also known as petrol, to N123.50 per litre, with effect from...
President Buhari signs Petroleum Industry Bill into law
President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law.
According to a statement issued by Femi Adesina, presidential spokesman, working from...
Sanusi: Nigeria Projected To Remain Poverty Capital Of The World Till 2050
Muhammad Sanusi II, the emir of Kano, says Nigeria may remain the poverty capital of the world till 2050 and beyond.
Speaking at his honorary...
Bayelsa Govt Clears Air On State Of Its Airport …Says, Airport Is Not Downgraded
The Bayelsa State Government has made a clarification that the state-owned international airport had not been downgraded, as being insinuated in some quarters.
It said...
Agip fixes vandalised gas line ‘Force Majeure’ at Okaka in Yenagoa, resumes gas export
Eni, the Italian parent company to Nigerian Agip Oil Company (NAOC) says has fixed the breached of its 24 inch gas line at Okaka...