Group Wants Kachikwu Made Petroleum Minister

The Niger Delta Non-Violence Youth Leaders Assembly, a peace advocacy group, has applauded last Friday’s visit of Acting President Yemi Osinbajo to Bayelsa, describing...

NAICOM Frowns at Late Rendition of Statutory Returns

…set to issue roadmap on Risk-based Supervision The National Insurance Commission (NAICOM) has frowned at the rate at which Insurance companies in the country submit...

Power: Allow NERC To Fix Tariffs- BPE Boss

The Acting Director-General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has suggested that for the power privatization in Nigeria to...

NERC: Why We Review Tariff Bi-annually

The Nigerian Electricity Regulatory Commission (NERC) has said many factors are responsible for tariff review in the country bi-annually. A statement by Dr Usman Arab, NERC’s...
SEC

Budget Deficit Undermines Investors’ Confidence – SEC

The Director General of the Securities and Exchange Commission, Mounir Gwarzo, has said large budget deficits can affect stock prices and undermine investor confidence. Speaking...

N300bn Debt: AMCON Takes Over Arik Air as EFCC Grills Arumemi-Ikhide

The Federal Government, through the Asset Management Corporation of Nigeria, took over the operations of the nation’s biggest carrier, Arik Air, and appointed Capt....
Agriculture

FG Adopts Measures to Reduce Food Prices

The Federal Government has adopted some measures to reduce the price of food items in the country. Minister of Agriculture, Chief Audu Ogbeh, disclosed...

Petrol sells for N155 per litre in Auchi

The price of petrol has gone up from the official pump price of N145 per litre to between N150 and N155 in Auchi, Etsako...

WTO Tackles Nigeria Over Market Restrictions

The World Trade Organisation (WTO) has asked Nigeria to remove trade prohibitions and market restrictions in line with global free market policy that facilitates...

FG Committed To Implementing Economic Council Retreat Resolutions

The Federal government has pledged its commitment towards implementing the 71 point National Economic Council (NEC) Retreat Resolutions aimed at improving socio-economic and political...

RMAFC Endorses New National Tax Policy

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has endorsed the new National Tax Policy recently announced by the Federal Government to shore up...
NBS National Bureau of Statistics

Nigerian Ports Berth 19,833 Vessels in 3 Years – NBS

The National Bureau of Statistics (NBS) says the traffic statistics at Nigerian ports recorded 19,833 vessels berthed at the various ports between 2013 and...

Senate Approves $1 billion Eurobond Sale as Investors Fret Over Oil, Forex Risk

Nigeria's Senate has approved the government's request to sell a $1 billion Eurobond to help the country finance its budget deficit, senate spokesman said. Nigeria...

Senate to Amaechi: You Lied to Nigerians

The Senate has called on the Minister of Transport, Rotimi Amaechi to immediately withdraw his comment that the senate was delaying infrastructure development. In a...

Osinbajo: We’re in Serious Economic Situation

Acting President Yemi Osinbajo has declared that the country is in a serious economic situation. He was speaking at the Old Banquet Hall of the...

NNPC Has 36-Day Petrol Sufficiency -Baru

The Nigerian National Petroleum Corporation (NNPC) has a 36-day sufficiency of petrol, enough to wet the country, its Group General Manager, Dr Maikanti Baru,...

Aviation Sector Lost $2 Billion Investment in Two Years

THISDAY investigations have revealed that the aviation industry in 2015 and 2016 lost over $2 billion investment from international financiers who wanted a stake...

FG Earmarks Over N30bn for Housing Programme for Civil Servants

The Federal Government, said it has already committed over N30 billion for the execution of affordable houses for civil servants under the Federal Integrated...
nupeng

Fuel Queues Return to Lagos, NNPC Allays Scarcity Fear

There was fear of a fresh round of fuel scarcity as many filling stations in parts of Lagos and Ogun states did not sell...
Dogara

Dogara: Why Illegal Refineries Thrive in Nigeria

Speaker of the House of Representatives Yakubu Dogara has said that illegal refineries in Nigeria thrive because of certain malfeasances in the society. Speaking while...
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