Oil exploration in Gombe successful, says minister

Minister of State for Petroleum Resources, Timipre Sylva, has said the ongoing oil search activities in the North-East region of the country by the Nigerian National Petroleum Corporation has been…

Ighodalo:WHY Nigeria is totally MISSING out on $19tn global capital

The Chairman of the Board of the Nigerian Economic Summit Group, Mr Asue Ighodalo, has said Nigeria is missing out on the $19tn invested in negative-yielding assets globally because the…

We begged people to buy oil at $9 – NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, said buyers were begged to purchase the Nigerian crude oil at $9 per barrel in April. The…

Water transportation will reduce port congestion —NIWA

The Managing Director of the Nigerian Inland Waterways, George Moghalu, has outlined the benefits of water transportation, noting that it will reduce port congestion if properly developed. He made this…

Expert seeks increased sickle cell awareness

A health researcher and director of Crimsonbow Sickle Cell Initiative, Miss Timi Edwin, has said the control of sickle cell disorder is being negatively affected by low awareness about the…

ABCON kicks against speculators depreciating naira forcefully

The Association of Bureaux De Change Operators of Nigeria has warned foreign exchange speculators pushing the naira to forceful depreciation through their illegal activities. ABCON gave the warning in a…

Securities dealers oppose FG’s proposed unclaimed dividend fund

The proposed plan by the Federal Government to manage unclaimed dividends, projected to hit N200bn by the end of this year, has drawn the ire of capital market operators on…

Refineries gulped N81.41bn, refined zero crude – NNPC

A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no drop of crude oil all through this period, latest data…

AGAIN, ENUGU REP SPONSORS AGRO AND BIO- RESOURCE TRAINING

THE Deputy Minority leader, House of Representatives, Rt. Hon. Toby Okechukwu has yet again sponsored a Bio-resource training, which he described as creating a world of possiblity for his constituents…

Nigeria moves into second recession in five years

Nigeria, Africa’s biggest economy, has entered its second recession in five years as official figures published on Saturday show that the economy shrank again in the third quarter of this…