Army Needs N1bn to boost its vehicle manufacturing firm The Chief of Army Staff (COAS) Lt.-Gen. Tukur Buratai, has said the Nigerian Army would source N1 billion to support its Vehicle Manufacturing Company (NAVMC). Buratai said this at the Army’s Fire...

SEC to Align Master Plan with current Economic Realities The Securities and Exchange Commission, SEC, has disclosed plans to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned review is concluded...

Oil Prices fall after Trump Pressured OPEC to make up for Iranian Sanctions Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying after President Donald Trump demanded that producer club, OPEC raise output to...

Power Generation Drops Over Gas Shortage …four Gencos lose 1,988mw Four power generation companies (Gencos) have been unable to generate electricity to the national grid for several days, due to gas supply challenges, the Transmission Company of Nigeria (TCN) has disclosed. The...

Nigeria, Saudi Arabia To Sign Oil and Gas Infrastructure MOU Nigeria and Saudi Arabia are set to sign Oil and Gas infrastructure Memorandum of Understanding (MOU) next month The Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi...

Nigeria loses $3bn Annually to Piracy – NCC The Nigerian Copyrights Commission (NCC) has disclosed that Nigeria was losing $3bn (three billion dollars) annually to activities of pirates. Director-General (DG) of the commission, Mr John Asein, made the disclosure at the...