BUA Group has sealed a pact with a French company, Axens, on the proposed 200,000 barrels per day refinery to be constructed by BUA in Akwa...
The Senate Committee on Public Accounts has summoned Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, over an alleged secret withdrawal of N7.5 billion...
Inflation rate in Nigeria has continued its upward swing with the latest figure put at 18.17 per cent. The National Bureau of Statistics, which released the...
The Federal Government has denied printing N60bn to augment March allocation to states as claimed by the Edo State Governor, Godwin Obaseki. It described the claim...
The Federal Capital Territory Administration, Abuja says its controversial on-street park-and-pay policy wil be reintroduced next month (May). This is coming almost seven years after it...
The Nigerian National Petroleum Corporation supplied 1.44 billion litres of petrol in January 2021, translating to an average of 46.30 million daily. The corporation’s data released...
The Department of Petroleum Resources (DPR) has said all 32 refineries found not to be active can be resuscitated through renewal of their licences. It denied...
Oil prices jumped on Tuesday after increasing energy demand from China, world’s second-largest oil consumer. As at 11:06 am, the price of Brent crude, the grade...
It has also denied reports that the company sells cement in Nigeria at higher prices than other countries, particularly Ghana and Zambia. Devakumar Edwin, the company’s...
Nigeria will benefit from a €3.5 billion initiative of the France President, Emmanuel Macron, dedicated to supporting the development of start-ups and SMEs in Africa. Already,...