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I Am Ready To Buy Arsenal FC At ‘Whatever Price’, Says Africa’s Richest Man

Nigerian billionaire Aliko Dangote insists that soon he will have ‘enough time and enough resources’ to buy Arsenal football club, whatever the price. Dangote, 58,...

Traders Lament Soaring Food Prices, Blame Insurgency

The general prices of food items in Lagos are soaring by the minute. The most expensive food items at the moment are yam and...

Non Passage Of Petroleum Industry Bill May Threaten $80 Billion Investment – PENGASSAN

The proposed fiscal terms under the Petroleum Industry Bill (PIB) might threaten 80 billion dollars worth of investment if not passed into law by...

DPR Shuts 30 Petrol Stations, Suspends 7 Others In Akwa Ibom

NAN - The Department of Petroleum Resources (DPR) in Eket, Akwa Ibom, said it had sealed off 30 and suspended seven filling stations from...

Dangote Commissions Cement Plant In Ethiopia

Africa's richest Aligo Dangote has commissioned a $500 million cement plant in Addis Abbaba, Ethiopia. The event was attended by several Nigerian business leaders...

Fuel Scarcity Boosted E-Commerce Sales In Nigeria – Survey

The lingering fuel scarcity in Nigeria has affected all areas of life and the economy. Even the telecoms giants  MTN, Airtel and Etisalat, issued official...

Fuel Scarcity: IPMAN Seeks Police Protection, Begins 24-Hour Sale Of Fuel

NAN - The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Inspector-General of Police to provide adequate protection for its members,...

Why Petroleum Industry Bill Should Be Passed Immediately – Ex-Presidential Aide, Egbogah

The former presidential adviser on Energy, Dr Emmanuel Egbogah, has emphasized the urgent need for the Petroleum Industry Bill, PIB, to be passed in...

Fuel Scarcity: Senate Orders DPR To Seal Stations Hoarding Fuel

Following an investigation into the recent scarcity of petroleum products in the country, the chairman of the Senate Joint Committee on Petroleum Resources, Senator...

AfDB Expresses Concern Over Africa’s Energy Shortage Despite Outstanding Achievements

African Development Bank, AfDB, has expressed concern over the large energy deficit of the continent despite outstanding achievements made in a bid to develop...

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