npdc

Militancy, reason of dip in power supply – NPDC

The Nigerian Petroleum Development Company (NPDC) has said that the shortfall in gas supply for power generation is caused by militancy. In a presentation to...

Katsina establishes tomato paste factory

Katsina State government has awarded a N500 million contract for a Tomato Paste Processing Plant at Kokami Village, Danja Local Government Area. The contract was...
oil

Nigeria takes over Malabu Oil Block

Justice John Tsoho of the Federal High Court sitting in Maitama, Abuja has given an order ceding control of the lucrative oil block, Oil...
naira

Nigeria, India trade falls to $12bn in 2016

Indian Acting High Commissioner, Mr Kaiser Alam, has said that the trade volume between Nigeria and India dropped to $12 billion in 2016. Alam said...
Donald Trump

Trump cancels Pacific trade deal, predicts “wave” of US manufacturing

President of the United States, Donald Trump on Monday, issued an executive order to withdraw the United States from   the Trans-Pacific Partnership (TPP)...
euro

Eurozone inflation hits three-year high in December

Consumer prices in the eurozone surged to a three- year annual high thanks to a jump in energy costs. Year-on-year inflation in the 19-member currency...
Matthew Ashimolowo

Nigerian pastor, loses $5 million to ponzi scheme

Kingsway International Christian Centre, a 12,000-member megachurch in Britain headed by Nigeria’s Pastor Mathew Ashimolowo, lost $4.8 million to a Ponzi scheme after trustees...
Rex Tillerson

ExxonMobil headquarters in Nigeria shut

The Lagos headquarters of U.S. oil major, ExxonMobil has been shut, following a standoff with blue-collar oil unions over the sacking of 150 workers. Members...
President Buhari

Nigeria budgets N110b for amnesty, insurgency

Nigeria has budgeted N110 billion for the  implementation of Presidential Amnesty Programme and the rehabilitation of the Northeast region devastated by the activities of...
mmm nigeria

MMM founders writes the Federal Government

MMM Founder, Sergey Mavrodi has allegedly written an open letter to the Federal Government of Nigeria explaining the benefits of the scheme. The letter was...