Following the sack of the last board members of the Niger Delta Development Commission, NDDC, the Federal Government is planning to restructure the commission into a holistic development agency to…
1.BP says to axe 4,000 jobs globally on oil price slide:British energy major BP said Tuesday that it will axe more than 4,000 jobs worldwide over the next two years…
Nigerian Stock Exchange All Share Index (ASI) dipped by 3.6% on today’s trading to close at 25,103.05, which translates to a loss of about N300 billion. Here is a snapshot…
Minister of State for Petroleum Resources, Dr. Emmanuel Kachikwu, said on Wednesday that Nigeria will not cut oil production even as nosediving crude prices caused by a global supply glut…
A Federal High Court in Lagos presided by Justice Ibrahim Buba has granted an order sought by the Economic and Financial Crimes Commission, EFCC, to summon ex-Niger Delta militant, Government…
The Federal Government, has announced that gas projects saddled with the responsibility of improving power supply in the country are scheduled for completion in the second quarter of this year,…
Minister of Science and Technology, Dr. Ogbonnaya Onu will be leading senior Nigerian officials to China, where they are expected to hold talks with his Chinese counterpart and the organized…
The Federal Executive Council, today approved an additional $200m loan from the International Development Association, an arm of the World Bank, in support of Lagos State Development Policy Operation. This…
Nigeria’s currency woes took a turn for the worse after the exchange rate between the dollar and the naira crossed the N300 mark to close at N301 in a cross…
How does the saying go? “It takes a wolf to catch a wolf.” And it appears that the wolf who ran Silk Road was caught by a couple law enforcement…