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Economy

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Business

Is Nigeria About To Dive Back Into Fuel Scarcity [CLICK]

Sheryl Sanni | Staff Reporter -
In the month of May 2015, Nigeria was plunged into very excruciating era of fuel scarcity as petroleum marketers embarked on a strike over...
Economy

EU To Loan Nigeria N33 Billion For Power Sector

Okechukwu Obioha | Staff Reporter -
Nigeria is to receive a loan of N33 billion from the European Union to develop the power sector. This development was confirmed on Thursday, June...
Economy

House Of Reps To Investigate Alleged $8 Billion Shortfall In NNPC Oil Deal

Imo MacDonald | Contributor -
The House of Representativesis to set up an ad hoc committee to investigate a purported $8 billion shortfall in an oil deal brokered by...
Economy

NNPC Yet To Refund $1.48 Billion Into Federation Account – FG

Okechukwu Obioha | Staff Reporter -
The Federal Government of Nigeria on Tuesday, June 23, 2015 announced that the sum of $1.48bn (N291.56 billion) was yet to be remitted to...
Economy

US Will Help Recover Stolen Funds – Buhari

Okechukwu Obioha | Staff Reporter -
President Muhammadu Buhari assured that the United States of America and other world powers has sent words on its willingness to help in his...
Economy

Governors To Buhari: Share NLNG Tax And Ease Financial Crunch

Imo MacDonald | Contributor -
The Nigerian Governors' Forum (NGF) on Tuesday, June 23, 2015 demanded that President Muhammadu Buhari share the Nigeria Liquefied Natural Gas (NLNG) tax among...
Economy

Buhari To Meet Governors Today As 11 States Seek N300 Billion Refund From FG

Okechukwu Obioha | Staff Reporter -
Various Governors of states in Nigeria at a meeting scheduled to hold on Tuesday, June 23, 2015 with President Muhammadu Buhari will be present...
Economy

NNPC Cuts Down Price Of Crude Oil Over Fall In Demand

Chukwudi Anyimigbo | Staff Reporter -
The Nigerian National Petroleum Corporation has cut down the price of crude oil as a result of a decline in the demand of the...
Economy

Gov. Ikpeazu Slashes Salary, Travelling Allowance By 50%

Okechukwu Obioha | Staff Reporter -
Governor Okezie Ikpeazu of Abia State has confirmed through an announcement that his salary and travelling allowance is to be cut down by 50%. He...
Economy

Buhari Needs To Address Irregular Allocation Oil Blocks – PENGASSON

Chukwudi Anyimigbo | Staff Reporter -
The Petroleum and Natural Gas Senior Staff Association of Nigeria Saturday June 20th June called President Muhammadu Buhari to address irregular allocation and transfer...
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