Business

FERMA budgets N55.5bn for road maintenance

By Dada Jackson The Managing Director of the Federal Roads Maintenance Agency (FERMA), Abdulrahman Nurudeen Rafindadi, says the agency has…

5 years ago

Tanker crashes: Govt to enforce ban on rundown trucks

The Federal Government is set to strictly enforce its ban on importation of trucks older than 10 years to curb…

5 years ago

Reps pass PIB for second reading

The House of Representatives on Tuesday passed for second reading the new Petroleum Industrial Bill (PIB), transmitted to it by…

5 years ago

Explosion rocks Shell, Agip oil facilities in Bayelsa

Oil facilities of Shell Petroleum Development Company (SPDC) and Nigerian Agip Oil Company (NAOC) in Bayelsa were attacked on Monday,…

5 years ago

Emefiele: CBN retains lending rate at 11.5% to speedily exit recession

The Central Bank of Nigeria through its Monetary Policy Committee on Tuesday retained all monetary policy rates in a move…

5 years ago

Minister laments inadequate manpower slowing down Lagos-Ibadan rail project

Minister of Transportation, Rotimi Amaechi, has said the sharp drop in manpower of the China Civil Engineering Construction Corporation attached to…

5 years ago

Fuel price: Labour leaders storm out of meeting with FG

Labour union leaders on Sunday night staged a walk out of a meeting with representatives of the Federal Government meant…

5 years ago

Intercity bus fares highest in Abuja, Lagos, Sokoto ― NBS report

Intercity bus fares have been found to be highest in Abuja, Lagos and Sokoto states, according to the latest statistics…

5 years ago

NRC explains Kaduna-Abuja train breakdown, apologises to passengers

The Nigerian Railway Corporation has said a failed locomotive turbocharger was responsible for the breakdown of its Kaduna-Abuja train last…

5 years ago

Recession: Nigeria remains Africa’s fastest growing economy, says UK envoy

Nigeria is still the fastest growing economy in Africa despite entering into a second recession in five years, United Kingdom…

5 years ago