Buhari approves governing council, board for Ogoniland cleanup
Following the historic presidential launch of the implementation of the United Nations Environment Programme’s (UNEP) report earlier in June in…
Pivot Engineering, technical partners upgrade deliver substations
Pivot Engineering Company Limited (PECL), a member of Honeywell Group, and its partners, including Siemens Transmission & Distribution SAS France…
Petroleum, Power Ministers, stakeholders set for NAEC Conference
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu and his counterpart in the Ministry of Power, Works…
Chevron posts $1.47bn loss
Chevron recorded a net loss of $1.47 billion for the second quarter of 2016, on the back of the continued…
Weather disasters can fuel war in volatile countries
Following the warmest two years on record and spikes in violence that fuelled a global refugee crisis, climate scientists recently…
Why oil price may remain down despite efforts to resuscitate it
Crude oil prices have continued to rally around $40 per barrel despite efforts by oil producers, including Nigeria and other…
IPMAN denies N10.9bn subsidy fraud allegations
The investment arm of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied allegation of N10.9bn subsidy fraud. Speaking…
Pay your electricity bill, Ekiti tells residents • Partners BEDC
The Ekiti State Commissioner for Public Utilities and Infrastructure, Mr Deji Adesina has assured Benin Electricity Distribution Plc (BEDC) of…
Dangote is transforming African economy —Togolese President
President of Togo Republic, Faure Gnassingbe, on Tuesday lauded the investment drive of the richest man in Africa, Aliko Dangote…
Enugu gets $200m renewable energy projects
A United State-based renewable energy power firm, Motir DuSable Power Investment Limited, has sited its 200 million dollar solar project…
Kwara registers 20,000 businesses for directory
Kwara State government in partnership with a business-directory platform in the state, has enlisted over 20,000 businesses on platform of…
Nigerian banks ’ll remain profitable despite rising interest rate challenges —Fitch
Nigeria’s banks are expected to remain profitable in 2016, even though they are likely to face more challenges as interest…
We’ll meet N11bn PBT target in 2016 —Forte Oil
Despite the challenging operating business environment, especially in the oil and gas industry, Forte Oil has expressed confidence to meet…
NPA budgets N18.1bn for furniture, transport, wardrobe allowances in 2016
The Nigerian Ports Authority (NPA) is set to disburse N18.1 Billion as operating expenditure for furniture, rent, transport, children education…
NERC fines 4 DisCos over customer complaint reports
THE Nigerian Electricity Regulatory Commission (NERC) has fined four electricity distribution companies over failure to treat customers’ complaints and submit…
LafargeHolcim flags off $2m construction competition for students, built sector professionals
Lafarge Africa Plc, a subsidiary of LafargeHolcim, has commenced mobilisation of professionals in Nigeria’s built sector and students for participation…
Equities market compresses further as investors lose N57bn
Equities transactions on the Nigerian Stock Exchange (NSE) resumed the week and the month of August on a negative note…
Diamond Bank records stable growth in half-year results
Diamond Bank Plc, despite the challenging economy, has recorded growth in its 2016 first half result. In the 2016 H1…
Lagos Mega-City project viable, but… —Osikoya
LANRE ADEWOLE engaged industry-veteran, Mr Laide Osikoya, Managing Partner of Laide Osikoya and Associates, for his views on peculiar and…
Our budgeting system induces poverty — Utomi
Prof. Pat Utomi is a thoroughbred academic and a distinguished private sector player in Nigeria. He once served as an…
