The Senate on Thursday passed the much anticipated Petroleum Industry Bill (PIB) after 17 year of consideration: The bill has been passed as the Petroleum Industry...
By ANDREW OJIEZEL Despite the recession, Dangote Flour Mills has been able to declare turnover of N105.7 billion during the financial year, representing 120 per cent...
By ANDREW OJIEZEL The shareholders of Dangote Cement Plc on Wednesday insisted on being paid bonus in spite of their acceptance of N144.8billion for 2016 dividend,...
By Chioma Obinagwam An amendment of the Nigeria LNG Limited (NLNG) (Fiscal Incentives, Guarantees and Assurances) Act without following the laid down process stipulated in the...
By Chioma Obinagwam With growing concern on the present realities in the gas-to-power industry in the nation, the Nigerian Gas Association (NGA) is set to organise...
accuses DISCOs of excessive billing The Senate during plenary on Tuesday agreed to review the excessive the billing system of all distribution companies in the country....
Nigeria’s debt to Gross Domestic Product (GDP) ratio which stood at 18.6 per cent at the end of 2016, is expected to rise to 23.3...
The Bonga oil field has produced about 702 million barrels of oil since inauguration in 2005, and operated at more than 92 percent availability in 2016,...
By Odunewu Segun Despite repeated calls by the Manufacturer Association of Nigeria, MAN, and other stakeholders in key sector of the economy to the Central Bank...
Threatens legal action Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to the Minister of Power, Works and Housing, Babatunde Fashola, SAN requesting...