VP Osinbajo Says $1bn Not For Boko Haram War Alone Vice President Yemi Osinbajo has clarified that the $1billion approved by the Nigerian Governors Forum was not for the fight against the Boko Haram insurgency alone. The vice president stated that the fund was approved for...

Nigeria Introduces Biometric Visa Nigeria has started issuing biometric visa, the first in Africa, designed to effectively block people that should not enter the country. The introduction of biometric visa was announced by the Permanent Secretary in the Ministry of Interior, Mr. Abubakar Magaji, at the...

PENGASSAN Strike: Oil Prices Rises, North Sea Pipeline Threaten Supply Oil prices edged higher again Monday as a planned workers’ strike in Nigeria’s oil and gas industry and the North Sea pipeline outage threatened crude supply to the international market. However, the planned strike by oil...

NNPC Assures Of Petroleum Products Supply Nationwide The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other petroleum products consumers not to engage in panic buying. In a statement by the corporation and made available to Economic Confidential in Abuja, it said that the relevant...

$2.8bn Pipeline Contract’ll Change Nigeria’s Energy Landscape – Presidency The Presidency on Sunday said the nation’s energy landscape was set for a major change with the award of a $2,809,522,548.36 gas pipeline contract approved by the Federal Executive Council as proposed by the Ministry of...

Reps Probes Telecoms Over Non-payment Of Taxes An ad hoc committee of the House of Representatives summoned chief executive officers of some telecommunications firms operating in the country over alleged default in the payment of taxes. The committee, which is chaired by Mr. Ahmed Abu, is...