The European Union (EU) and the ECOWAS Commission have called on the Federal Government to sign and ratify the Economic Partnership Agreement (EPA) between them to enhance economic development.The appeals were made by Mr. Filippo Amato, Counselor, Head of...

The latest figures from the Nigerian Bureau of Statistics, NBS for the second quarter has affirmed that Nigeria’s economy is indeed in a recession having recorded negative growth in two consecutive quarters. The grim statistics indicated a decline in...

Chemex Modular, LLC said it had reached terms in principle with the Niger Delta Petroleum Resources Limited to expand NDPR’s existing refining capacity from 1,000 barrels of crude per day to 11,000 barrels per day. The company said in addition...

The presidential approval and directive for the October 1, 2016 implementation date and commencement of speed limiting device across the country would not be shifted, the Federal Road Safety Corps (FRSC) warned. The Corps Marshall of the commission, Dr. Boboye...

Airline operators in Nigeria have told the Senate Committee on Aviation that unless the federal government promptly pumped intervention funds into the aviation sector, all domestic airlines operating in the country will die. The operators stated this wednesday during an...

The Petroleum Products Pricing Regulatory Agency (PPPRA) and key oil marketers in Nigeria’s downstream petroleum sector have said that the current fundamentals guiding the importation and sale of petrol in the country were still favourable for petrol to be...