Shell, supported by the Nigerian National Petroleum Corporation, has signed Memoranda of Understanding with eight local banks under the refreshed Shell Contractors’ Support Fund. The oil major, in a statement  described the development as the latest milestone in efforts to...

The Nigerian National Petroleum Corporation (NNPC) is set to grow the nation’s oil and gas reserves, the Group Managing Director, Dr. Maikanti Baru, has disclosed.   Dr. Maikanti Baru made this assertion in Lagos  while delivering a keynote address at the...

The Federal Ministry of Finance has announced the constitution of a committee to recover unremitted operating surpluses of agencies of government, running into N450 billion. The committee led by the Accountant General of the Federation, Alhaji Ahmed Idris, is to...

The Senate Committee Chairman on Privatisation, Senator Ben Murray Bruce has cautioned against calls for the reversal of the power privatization in the country but that instead, concerted efforts should be made by all stakeholders to address the crisis...

The Head of Shipping Development Department in the Nigerian Maritime Administration and Safety Agency (NIMASA) Mr. Akin Akinyosoye has been awarded the Maritime and Port Authority of Singapore (MPA) Academy Fellowship Award. The award is in consideration of Mr. Akinyosoye’s...

Highly acclaimed for his forward looking and prompt release of Consumer Price Index (CPI), which measures the monthly inflation rate in the country, Dr. Yemi Kale is credited with the rebasing of the outdated base year of Gross Domestic...