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Economy

MISSING MONEY: ‘NNPC Fails To Remit $4.2 Billion Oil Revenue Under Buhari’s Gov’t’

A new report on Thursday said despite President Muhammadu Buhari’s attempt at ensuring transparency in the oil sector, the Nigerian National Petroleum Corporation, NNPC,...

EPIC FALL: Total Blackout As Nigeria’s Power Generation Drops To ZERO Megawatts In One Day

Nigeria’s power generation collapsed completely on Thursday, March 31, 2016 at exactly 12.58pm to zero megawatt and this persisted for about three hours, Punch...

Dangote Has A Solution To The Unending Fuel Scarcity In The Country (CLICK THIS)

The Dangote Group, which is currently building what it calls the world’s largest refinery, has given an assurance that when the plant comes on...

After Saying He’s Not A Magician, Kachikwu Sets April 7 As ‘Disappearance Day’ For Fuel Queues

Following backlashes which trailed his comments that the biting fuel scarcity across parts of the country would linger till May, Nigeria’s minister of state for...

Senate Ignores Minister Of Petroleum, Summons Kachikwu Over Unending Fuel Scarcity

The Upper Chamber of the National Assembly has summoned the minister of state for Petroleum, Mr Ibe Kachikwu, to appear before its Committee on...

Angry Youth Barricade ExxonMobil Gate Over Oil Spills In Akwa Ibom

Angered by the delay in payment of compensation to Eket, which was affected by an oil spill in 2011, the youths from Eket Local...

‘America Made Me’: US To Pressure Buhari On Devaluation Of Nigeria

The United States said on Monday it would press Nigeria in talks this week to adopt a more flexible foreign exchange rate to boost...

9 Things We’ve Done To Show Determination To End Fuel Scarcity – NNPC

In continuing with our desire to keep Nigerians abreast of the key actions taken in the downstream petroleum sector, we wish to re-assure Nigerians...

NNPC Not Overwhelmed By Month-Long Fuel Scarcity – Kachikwu

The Nigerian National Petroleum Corporation, NNPC has assured that no effort would be spared to restore normalcy to the fuel supply situation in the...

Buhari’s Economic Retreat Mere Jamboree, Waste Of N250 Million Public Fund – Fayose

Governor Ayodele Fayose, of Ekiti State on Friday, March 25, 2016 slammed President Muhammadu Buhari's just concluded National Economic Council (NEC) retreat which he...

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