Sunday, 28th November 2021
Breaking News:


4 Aug
Professor Emeritus in Petroleum Economics and Policy Research, Wumi Iledare and the President, Association for Energy Economics (NAEE), Prof. Yinka Omorogbe, have highlighted the fiscal...
11 Apr
Indications, yesterday, emerged that the Federal Government will retain subsidy on Premium Motor Spirit (PMS) for the next six months, and the deferred removal may cost the country a whopping N720b.
22 Dec 2020
The wobbly fiscal position of the country is set to remain uncertain as two chambers of the National Assembly, yesterday raised the proposed 2021 budget by as much as N508 billion and retained the revenue benchmarks...
18 Dec 2020
Energy experts, yesterday, raised concerns about Nigeria’s energy sector, insisting that the country’s economy faces serious uncertainty going by the poor outlook of the sector.
17 Dec 2020
The Minister of State for petroleum Resources, Chief Timipre Sylva says the federal government is strategising to ensure efficient oil and gas sector in the post COVID-19 era.
8 Oct 2020
Nigeria’s National Assembly is still temporizing with passage of the Petroleum Industry Bill (PIB) and this is a source of worry to oil and gas stakeholders.
30 Aug 2020
Nigeria has, over the last three years, generated more than N5.4 trillion into the federation account from oil and gas royalties, signature bonuses...
2 Aug 2020
When Nigeria became independent in 1960 and inherited the well-run Electricity Corporation of Nigeria (ECN), which was established in 1951 by the then colonial administrators, many probably, did envisaged that the country’s power sector would end up as an albatross.
24 Mar 2020
For pegging the pump price of petrol at N125 per litre, the Federal Government would be shortchanging Nigerians to the tune of N3.3 billion daily on the 55 million litres of the product consumed...
22 Aug 2019
President Muhammadu Buhari yesterday disclosed he would retain his position as Minister of Petroleum Resources, working alongside former Bayelsa State Governor Timipre Sylva...
12 May 2019
After about 40 years, Nigeria has returned the search for oil in the North. The debate on the viability of the search, primarily championed by President Muhammadu Buhari has divided stakeholders. Apart from seeing the project as a northern agenda, and a waste of taxpayers resources, some stakeholders have repeatedly condemned the project, while others…
18 Dec 2018
Members of the National Association of Enterprise Employers (NAEE) have threatened to embark on a two-week warning strike following Central Bank of Nigeria...


27 mins ago
Normalcy has been restored to the”bandit-infected” Abuja-Kaduna highway following President Muhammadu Buhari’s order to deal mercilessly with highway criminals across the country.
48 mins ago
The Police Command in Kaduna has confirmed the release of 10 out of the 13 abducted staff of the Zaria Local Government, Kaduna State...
57 mins ago
Paris Saint-Germain overturned an early deficit to beat 10-man Saint-Etienne 3-1 away in Ligue 1 on Sunday, with Lionel Messi setting up all three goals...
1 hour ago
Manchester City beat West Ham 2-1 in swirling snow on Sunday to return to second in the Premier League as Watford manager Claudio Ranieri endured a miserable return to Leicester.
2 hours ago
Gov. Babagana Zulum of Borno said his administration was planning to support 10,000 irrigation farmers in 2022.