President Muhammadu Buhari has named Minister of State for Petroleum Resources, Chief Timipre Sylva, to head a steering committee that will within 12 months drive the...
President Muhammadu Buhari says the provisions of the Petroleum Industry Act (PIA) will bring lasting benefits to the oil producing communities and asks them to accept...
The Central Bank of Nigeria says it is working with the police, the Economic and Financial Crimes Commission, the Federal Inland Revenue Service and the Nigerian...
Nigeria’s inflation rate declined 0.37 per cent to 17.38 per cent in July 2021, the National Bureau of Statistics said on Tuesday. In its “Consumer Price...
The first automobile assembly plant in Akwa Ibom State is 70 per cent ready, the state government has said. The factory, MIMSHAC-MERKAVIM Automobile Plant, ibeing developed...
Controller General of Nigeria Customs Service, Hameed Ali, says the Nigerian National Petroleum Corporation should be blamed for the high rate of smuggling of fuel across...
N3tn released for capital projects The Federal Government spent N2.02 trillion on debt servicing in the first six months of 2021 (January-June), Minister of Finance, Budget...
Sylva to speak on subsidy, NNPC unbundling today Minister of State for Petroleum Resources Timipre Sylva has said fuel subsidy will not be removed for now...
President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law. A statement by the President’s Special Adviser on Media and Publicity, Femi Adesina,...
The Federal Government is set to hand over management of four international airport terminals to concessionaires as the Federal Ministry of Aviation has asked interested and...