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,...
The Senate Public Accounts Committee has summoned the management of the NICON Insurance Plc, AIICO Insurance and other insurance companies over their alleged failure to remit...
Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources....
Chief Executive Officer, Financial Derivatives Company (FDC), Mr Bismarck Rewane, says Nigeria is likely to implement structural reforms this year as it gears up to raise...
The Minister of Transportation, Mr Rotimi Amaechi, has summoned the management of China Civil Engineering and Construction Corporation, the contractor handling the $1.6 billion Lagos-Ibadan standard...