The Nigerian Communications Commission (NCC) has said the telecommunications sector, contributed N1.398 trillion, or 1.11 per cent in the real terms to the Gross Domestic Product (GDP) in the third quarter of 2016. In a statement signed by NCC’s Director...

The Chairman, Nigerian Insurers Association, Eddie Efekoha, has said that risk-based supervision being introduced by the insurance sector’s regulator will enable operators to be monitored in their compliance with the rules and how they approach risk management. He said this...

The House of Representatives Committee on Works has said that the Lagos-Ibadan Expressway should be given routine maintenance after its rehabilitation in order to avoid it reconstruction in a few years to come. The Chairman of the committee, Mr. Toby...

After several months of staying idle, the country’s biggest pipe factory owned by SCC Nigeria Limited may be shut down soon as it grapples with lack of patronage amid the recession rocking the country. The company had in October last...

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to the upgrade and expansion of the Kaduna Refining and Petrochemical Company Limited (KRPC) in line with the 12 key business focus areas of the Corporation present management in...

Not less than 224 companies have submitted bids to the Nigerian National Petroleum Corporation seeking to purchase and lift Nigerian crude oil grades for the period 2016/2017. Successful companies would participate in the lifting of about 700, 000 barrels per...