International Oil Companies operating in Nigeria have ignored probe summon over an alleged theft of crude oil and Liquefied Natural (LNG) worth $17 billion exported to...
Nigeria’s external reserves have risen by 15 per cent in the past three months, the latest data from the Central Bank of Nigeria have shown. Specifically,...
There are high expectations of retaining rates by analysts as the Monetary Policy Meeting (MPC) comes out with the policy direction in the sector for the...
Oil marketers in the country have warned the federal government that if it fails to address the rising cost of petrol sourcing, marketers will stop buying...
The once vibrant Tomato paste industry may collapse by 2018 if the Central Bank of Nigeria (CBN) did not rescind its forex policy excluding triple concentrate...
Nigerian Communications Commission (NCC), has said that it has commenced the enforcement of the Do Not Disturb (DND), code which compels mobile network operators to stop...
Lack of credible master plan and inefficient regulatory agencies have been said to be the bane of inadequate power supply in Africa. Foremost industrialist and President...
Nigeria’s local currency on Tuesday, January 17, remained static at the parallel segment of the Nigerian Currency Market, closing flat at N497/$1. The Naira, however crashed against...
Following the rise in unrecognized virtual currencies, such as bitcoin, ripples, magneto, litecoin, dogecoin, peercoin and others as legal tender in Nigeria, the Central Bank of...
Power generation drops to 3,000megawatts Consumers thrown into hours of unending blackout The energy sector in the country has lost 1,062 Megawatts (Mw) of electricity generation...