Business

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…

6 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,…

6 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…

6 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…

6 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…

6 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…

6 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…

6 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…

6 years ago

Buhari doesn’t interfere in NNPC’s operations, says Kyari

President Muhammadu Buhari does not interfere in the operations of the Nigerian National Petroleum Corporation, Group Managing Director of the…

6 years ago

FG bars parking of trucks along Lagos-Ibadan road

Trucks parked along Lagos-Ibadan expressway henceforth may be impounded and drivers/owners sanctioned. This indication emerged on Saturday as the Federal…

6 years ago