Crude oil price rose towards $59 per barrel wednesday to sustain Tuesday’s rallies where it gained one per cent after the Saudi Energy Minister, Khalid al-Falih, said the focus remained on reducing oil stocks in industrialised countries to their...

The Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Muhtar Usman has said that Nigeria is preparing the aviation sector to develop the capacity and infrastructure that will enable it accommodate the expected passenger surge in the next...

The Nigerian National Petroleum Corporation has announced an increase of 1.97 per cent in the country’s gas flare rate. According to the national oil firm, in its latest monthly financial and operations report for August 2017, the country’s gas flare...

The Minister of Finance, Mrs. Kemi Adeosun stated that the Federal Government would apply the sum of $3bn in refinancing the legacy debts of the immediate past administration. The outlay is part of the $5.5bn foreign loan being sourced from...

Microsoft has informed its employees in Nigeria that it was improving its family leave benefits to ensure that they had adequate time to care for the people who matter most in their lives. The company stated that it had increased...

The Standards Organisation of Nigeria (SON) has closed down four steel companies across Nigeria for non-compliance to requirements of the Nigeria Industrial standards (NIS 117) and global best practices. The agency also warned that any steel manufacturer caught circumventing quality...