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Power generation drops as FG shuts down gas plants

    Power generation drops as FG shuts down gas plants

Power generation in some parts of the country will experience a drastic drop for the next three weeks, following the federal government’s announcement of the shutdown of Utorogu and Ughelli East

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Fuel subsidy debate heats up national confab

    Fuel subsidy debate heats up national confab

Plenary resumed at the ongoing National Conference on Monday, with delegates engaging in heated deliberations over the recommendation of the committee on public finance and revenue generation that fuel subsidy

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Hope rising for environmental restoration in the delta

    Hope rising for environmental restoration in the delta

Ben Van Beurden, the chief executive of Shell, will be in Nigeria this week to attempt restoring the company’s battered reputation by winning local support for a clean-up strategy to tackle oil

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Sanusi out, Emefiele in

    Sanusi out, Emefiele in

The curtain will be brought down today on the tenure of Mallam Sanusi Lamido Sanusi as governor of the Central

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Spanish investors frustrated by clearing at Nigerian ports

    Spanish investors frustrated by clearing at Nigerian ports

The Spanish Government has urged the Nigerian Customs Service to address long-winded process of clearing goods from Nigerian ports, as it

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Forex reserves fall, interbank lending rate rises

    Forex reserves fall, interbank lending rate rises

Nigeria’s foreign exchange reserves declined by 2.62% month-on-month to $37.14bn by May 27, from $38.14bn recorded in April. This was

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Rice imports gulp $4bn annually from Nigeria’s economy

    Rice imports gulp $4bn annually from Nigeria’s economy

Dr Sarah Alade, acting governor of the Central Bank of Nigeria (CBN), has revealed that Nigeria spends an average of $4bn

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Made-in-Nigeria car for export ‘soon’

    Made-in-Nigeria car for export ‘soon’

President Goodluck Jonathan says the vision of his administration to revamp the capability of Nigeria’s automobile sector to export locally

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