Category: Business
NUPENG promises hitch-free end of year fuel distribution
The National Union of Petroleum and Natural Gas Workers (NUPENG) has assured of its willingness to work closely with the Nigerian National Petroleum Corporation (NNPC)...
Nigeria converts 5,600 vehicle-engines from petrol to gas
A total of 5,600 vehicles-engines hitherto running on Premium Motor Spirit (PMS) also known as petrol in Nigeria have now been converted to use Compressed Natural Gas...
FG supports increased indigenous participation in maritime business
The Federal Government is determined to promote and increase indigenous participation in the shipping business in Nigeria, the Minister of Budget and National Planning,...
US invests $24m to boost local enterprises, farming in Nigeria
Small business owners and farmers in Nigeria would soon benefit from a grant to be disbursed by the United States. The pool of fund from the United States African...
Fortifying affordable housing’s role in expanding Nigeria’s economic growth
As the continent’s largest economy, international development experts, innovators and funders increasingly believe that Nigeria is positioned to provide a...
Nigerian States and their debt burden
With domestic debt profile totaling N3.4trillion, Nigerian states and the Federal Capital Territory are all struggling under heavy debt burden in the midst of...
Exclusive: Fresh $3.5bn fuel subsidy racket rocks NNPC
The Nigerian National Petroleum Corporation (NNPC) has been rocked by a fresh $3.5 billion fuel subsidy racket. The corporation on Wednesday, however, disclaimed reports...
FG shifts DISCOs 5-year tenure review
The 5-year tenure review for associated Performance Agreements (PAs) signed in August 2013 between the Federal Government and core investors in power distribution...
NNPC distances self from Abia Pipeline explosion
The Nigerian National Petroleum Corporation (NNPC) has refuted the allegation that negligence on its part caused the oil pipeline fire incident Friday last week in...
How FG’s fuel subsidy debt profile hit N130.7bn – Marketers
The Federal Government’s debts profile on fuel subsidy and taxes to major marketers of petroleum products in Nigeria have hit N130.7 billion mark. Major Oil Marketers...
