By Omoh Gabriel The desire of Nigeria to diversify its economy has been in the works for several decades. From Shehu Shagari’s green revolution to Obasanjo’s...
OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of...
The domestic bourse opened the week positive as buying interest in DANGCEM (+2.8%), GUARANTY (+3.0%) and ZENITH (+3.9%) pulled the All-Share Index (ASI) up 138bps to 27,339.68 points. Consequently,...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Chevron branch has called for the removal of the Chairman and Managing Director (CMD) of...
Nigerians living in areas covered by 11 Electricity Distribution companies are now to pay more for light. The 11 DISCO which tariffs have been approved for...
More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) which opens in Kigali on 16 January in what the organisers...
A home-grown electric ship conducted a trial operation in central China on the Yangtze River, China’s longest waterway. Junlyu is the first electric ship weighing above...
A group known as Partner For Petroleum & Energy Sector Prosperity Initiative (P-PESPI) has called on President Buhari to urgently escalate his intervention to stop criminals...
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion...
Some bank customers have frowned at their banks for not complying with the new CBN guidelines for charges on Automated Teller Machine (ATM), released by the...
The equities market started the year positive as buying interest in MTNN (+3.8%), FBNH (+5.7%) and DANGSUGAR (+2.9%) pulled the All-Share Index (ASI) up 10bps to...
Nigeria and Ghana have reacted differently to the recently announced ECO as ECOWAS single currency by the President of the West African Economic and Monetary Union....
The Central Bank has said that as part of its commitment to facilitate the development of the Nigerian payments system and deepen the adoption of various...
Plans are underway for the Akwa Ibom State owned and operated Airline, IbomAir to begin international flights, the Secretary to the State Government, Dr. Emmanuel Ekuwem...
President Muhammadu Buhari has approved the appointment of Mr Ahmad Salihijo Ahmad as the Managing Director and Chief Executive Officer of the Rural Electrification Agency. Mr...