The National Bureau of Statistics has released the Consumer Price Index, which measures inflation, with the index rising by 18.55 per cent in the month of December. The NBS, in a report in Abuja, said the 18.55 per cent was...

Following the suspension of Strike by NUPENG, the Nigerian National Petroleum Corporation (NNPC) has resumed loading of petroleum products in its depots nationwide. Mr Ndu Ughamadu,the Group General Manager, Group Public Affairs Division of the NNPC disclosed this in a...

The Nigerian National Petroleum Corporation, NNPC, has stepped up collaboration with the reputable multinational oil service company, Schlumberger, in the deployment of state-of-the-art technology in the ongoing search for commercial hydrocarbon deposits in the Chad basin and other parts...

The Securities and Exchange Commission said its attention had been drawn to radio advertisements and other modes of solicitations of the public to invest in crypto currencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies. SEC,...

The current scarcity of polyester is threatening the survival of textile industry in Nigeria, investigation has revealed. Polyester fibre is used as cushioning and insulating material in pillows, comforters and upholstery padding. It has high tenacity and durability and can...

The national electricity grid has lost 728 megawatts in first 12 days of 2017, after peak power generation dropped to 3,432mw on Thursday. Daily Trust report that the grid started with a peak generation of 4,160mw attained on January 1,...