The Ministry of Power has inaugurated the Central Data Management System (CDMS), a digital platform of…
Category: Economy
Nigeria’s Mafia Bankers: How they control top banks through the back door
By Ade Jacobs One of the unforgettable quotes in Mario Puzo’s iconic mafia novel, The Godfather,…
FAAN denies imposition of arbitrary charges
By Ade Jacobs The Federal Airports Authority of Nigeria, FAAN, has debunked claims by airlines operators…
PenCom to launch RSA transfer system Nov. 16
The National Pension Commission (PenCom) has announced the launching of Retirement Savings Account (RSA) transfer system…
FG inaugurates committee on sale of forfeited assets
President Muhammadu Buhari has ordered the disposal of all Federal Government Forfeited Assets, within the next…
Ganduje gives reason for the destruction of beer in Kano
Governor Abdullahi Ganduje has given reason for the destruction of 1,975,000 bottles of beer worth over…
Prices of cooking oil skyrocket in Enugu – Survey
Prices of palm oil and vegetable oil have skyrocketed in major markets across Enugu metropolis, placing…
DPR says OVH Energy tank fire has been contained
The Department of Petroleum Resources (DPR) says Thursday’s fire incident at OVH Energy tank farm at…
How CBN authorized banks to block #EndSARS promoters’ accounts
By Ife Osemedua In spite of the disturbing silence and outright denials by the Central Bank…
NNPC boosts power generation by 2,538mw in August
• Posts $139.50Million Crude Oil & Gas Export Sales The Nigerian National Petroleum Corporation (NNPC) has…
Lawmaker urges FG to develop tourism for GDP improvement
A federal lawmaker, Hon. Omoregie Ogbeide-Ihama, on Thursday night called on the Federal Government to pay…
Only Technology Can Sustain Nigeria’s economy – NCC Boss
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Professor Umar Danbatta has revealed that…
Omo-Agege laments diversion of 13% derivation by oil producing states
The Deputy President of the Senate, Senator Ovie Omo-Agege has decried the diversion of the 13…
2021: Ayade presents N277B budget of Blush and Bliss
Cross River State governor, Professor Ben Ayade, on Thursday presented a N277 billion 2021 Appropriation Bill…
Those kicking against Zamfara gold ignorant of the law – Ex Akwa Ibom deputy gov.
By Edward T. Dibiana The former Deputy Governor of Akwa Ibom state, Patrick Ekpotu, has said…
Capital Market: Senate tasks stakeholders on economic recovery
To strengthen the confidence of investors in the capital market, the Senate on Wednesday tasked stakeholders…
EFCC presents N30bn 2021 budget estimates to National Assembly
by Deborah Hassan The Economic and Financial Crimes Commission, EFCC, has presented a budget proposal of…
Port Harcourt Electricity Company commences implementation of new tariff
The Port Harcourt Electricity Distribution Company (PHED) on Tuesday commenced the implementation of the new electricity…
Gov Obiano presents N143.7bn budget proposal for 2021
Governor Willie Obiano of Anambra on Tuesday presented a budget proposal of N143.7 billion to the…
House C’tte on power rejects TCN 2021 budget proposal
The House Committee on Power has rejected the 2021 budget proposal for the Transmission Company of…
IBEDC begins implementation of revised service tariff
Ibadan Electricity Distribution Company (IBEDC) on Tuesday announced that it has began implementation of the revised…
NCC okays e-SIM trial for MTN, 9Mobile
The Nigerian Communications Commission (NCC) has granted approval for two mobile network operators (MNOs), MTN Nigeria…
Oil companies to develop host community plan – PIB
The new Petroleum Industry Bill (PIB) currently before the National Assembly has proposed that oil companies…
Onu charges science and technology ministry on job creation
The Ministry of Science and Technology, has directed parastatal agencies under its supervision to initiate technological…
2020 marginal oilfield bid still ongoing – DPR
The Department of Petroleum Resources (DPR) has announced that the bid round process for its 57…
Artificial Intelligence Enhances Access to Information- NITDA
As Artificial Intelligence transforms lives at breakneck speed, it also presents countless avenues for access to…
Data Emerges as Crucial Component of Post-COVID-19 Oil Industry Recovery
The COVID-19 pandemic has accelerated technology adoption as an integral component of oil and gas projects…
20 ships discharging petrol, other items in Lagos port – NPA
The Nigerian Ports Authority (NPA) says 20 ships are discharging petroleum products and food stuff in…
Capital market, organised private sector players reflect on Nigeria@60
Ahead of Nigeria’s diamond jubilee independence anniversary on Oct. 1, capital market experts and organised private…