The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has said that the only way to check the encroachment of the over 380,000 hectres of arable land belonging to the 12 River Basin...

Over 96 percent of loans issued by the Bank of Industry have been performing, the Acting Managing Director of the bank, Waheed Olagunju, has said. Speaking at the House of Representatives panel on the operations of the Development Finance Institutions...

A Memorandum of Understanding between Italian oil giant ENI and Nigerian National Petroleum Corporation was signed in Rome with ENI committing to the refurbishment of the Port Harcourt Refinery. The company also agreed to build Phase 2 of Okpai Power...

Worried by the impact of the current economic crisis on the balance sheet of insurance companies, the National Insurance Commission has unveiled plans to carry out a verification exercise of the capital requirements of all such firms operating in...

The Petroleum and Natural Gas Senior Staff Association of Nigeria has said that the time is not right for an upward review of pump price of petrol in view of the current economic situation in the country. The association, in...

President Muhammadu Buhari led Federal Government has released N72 billion counterpart funding for the construction of Lagos-Ibadan modernisation railway project. The Minister of Transportation, Mr Rotimi Amaechi made this known at the quarterly Presidential Business Forum which was presided over...