LAGOS – The Power Holding Company of Nigeria, PHCN, says the May 14 fire incident at its Ikeja West Transmission station was caused by defective transmission...
ABUJA: Nine out of 21 bank chief executives, on Monday, failed to honour the invitation of House Committee on Finance investigating remittance of tax to the...
CAIRO – Discussions aimed at selling Chevron’s assets in Egypt have progressed full steam ahead, well-placed sources told Reuters on Tuesday. It is believed that US’s...
LAGOS : Staffers of the Nigerian Airspace Management Agency (NAMA) have suspended the strike they embarked upon on Monday to press for higher wages, the Ministry of...
LAGOS – A handsome $16.609 billion (N2.641 trillion)went into Federal Government coffers in the first three months of this year as revenue from crude oil export....
LAGOS: Skye Bank plans to inject about $150 million (N24 billion) in the Nigerian power sector in this year, its group managing director said on Monday....
By Joseph BAMIDELE LONDON: Nigeria’s Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has appealed to the Global Community and the developed World to invest in the development of...
YENAGOA – The Ikarama Community in the Yenagoa Local Government Area of Bayelsa has disagreed with the Shell Petroleum Development Company, SPDC, over the cause of...
CAIRO – Egypt’s Oil Ministry Monday named Tarek El-Barkatawy chief executive officer of state-owned Egyptian General Petroleum Corporation, EGPC. This is coming at a time the...
LAGOS:The Murtala Muhammad Airport Command of the Nigeria Customs Service (NCS) has intercepted 2.7 million dollars (or N432 million) from five suspected money launderers while attempting...
