Minister of Transport, Idris Umar, has constituted a committee to review the concession agreement between the Federal Government and private operators of the nation’s port terminals....
Insurance operators and traders are divided over the lack of insurance cover to mitigate losses suffered by traders during fire incidents. Market fire disasters have become...
When late President Umaru Musa Yar’Adua decided that diesel price be deregulated, it was in line with his administration’s pledge to dismantle the alleged fuel mafia....
Last week Tuesday, the CBN Governor met with the organised private sector to discuss developments in the foreign exchange market. He gave insights into the continued...
By Chukwuma Charles Soludo, CFR I read some of the responses to my article, “Buhari vs Jonathan: Beyond the Election”, and I want to thank everyone...
The Federal Government said on Friday that it would soon establish a raw material-based cluster project in each of the 774 local government areas to accelerate...
The Major Oil Marketers Association of Nigeria (MOMAN) on Friday said that the pump price of diesel can not be reduced, until there is stability in...
…project executed with 100% raw materials from Nigeria The Federal Government yesterday commissioned a N60billion integrated steel mill in Shagamu, Ogun State as part of productive...
The Managing Director International Monetary Fund IMF, Christine Lagarde has advised managers of Nigeria economy to re-examine the nation’s fiscal and monetary policies soon after the...
Nigeria’s electricity generation capacity yesterday hit 4,132.7 megawatts (MW) from about 3,300mw recorded last week. The increase can be attributed to the reopening of the about...
*Urges Nigerians not to panic The Central Bank of Nigeria, CBN, yesterday threatened to suspend banks that help in fueling speculative demand of foreign exchange, forex...
Nigeria has announced plans to build modular refineries with capacity of between 20,000 to 25,000 barrels per day to boost domestic fuel supply. Mr. Tim Okon,...
Power supply in Nigeria is set to increase significantly, as the Nigerian National Petroleum Corporation said that the Trans Forcados oil pipeline has been reopened. Mr....
The Naira on Monday rebounded to gain N6 against the dollar following the Central Bank of Nigeria’s (CBN) plan to upwardly review the weekly Forex cash...
Director, Advisory, Oil and Gas, Price Water House Ltd. Mr Ritch Wingo said oil companies may lay off workers due to the drop in oil price...