ABUJA: Electricity generation in Nigeria has dropped by about 1,112mw in two days and is expected to drop more in coming days due to ongoing maintenance...
LAGOS – The Royal Dutch Shell said, Wednesday, it had begun decommissioning of its facilities in Ogoni land in Rivers State and had no intention to...
LONDON: The top five Nigerian banks owned 60 percent of the banking sector assets in the country. This was contained in a report released, Tuesday, by...
PORT HARCOURT — MOVEMENT for the Survival of Ogoni People, MOSOP, has called for the creation of an Ogoni state as a condition for oil exploration...
LAGOS – Diamond Bank says it plans to raise $550 million in debt or equity to expand its lending operations this year. The bank’s chief financial...
ABUJA – The Federal Government on Thursday declared that Manitoba Hydro International of Canada was never appointed as concessioneer over the Transmission Company of Nigeria, TCN....
LAGOS: A statement signed by the spokeman of the Nigeria Drug Law Enforcement Agency (NDLEA), Thursday, said that the agency had arrested a man for allegedly...
LAGOS – No fewer than 13 ships are waiting to discharge petroleum products at the various oil terminals within the Lagos ports, the Nigerian Ports Authority,...
LAGOS – Shell plans to temporarily shut a key oil pipeline in southern Nigeria later this month to repair damage caused by oil thieves, leading to...
LAGOS – Nigeria is estimated to have lost more than $40 billion or N6.3 trillion investments in the last two years as a result of uncertainties...
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