Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Engr Austen Oniwon,  has applauded the Nigerian content policy, noting that all investments made to develop local capacity in the nation’s oil and gas industry will yield huge dividends...

Calcutta Electric Supply Corporation (CESC) Limited, an Indian energy company,  has said it was in talks with several companies to jointly pick stakes inthe electricity distribution companies created out of the Power Holding Company of Nigeria (PHCN),...

Informal workers in the nation’s economy are demanding the expansion of the scope of the Pension Act 2004 to include workers in the sector.   The group made the demand in Lagos at the Trade Union Leadership...

Trade Union Congressof Nigeria (TUC), has demanded the inclusion of the Congress into the boards of various governmental agencies and parastatals in accordance with the relevant agreements and statutes.   President General of the Congress, Comrade Peter...

The management of First City Monument Bank Plc (FCMB) Monday disclosed plans to form a holding company and apply for an international banking licence in line with the new regulation issued by the Central Bank of Nigeria...

The demand for foreign exchange observed at the Central Bank of Nigeria’s (CBN) Wholesale Dutch Auction (WDAS) diminished further Monday after the strong demand that was put up by dealers last month.   Dealers attributed the development...

Despite massive investment on banks shares on the trading floor of the Nigerian Stock Exchange (NSE) Monday major market indicators remained weak as investors apathy grew following ongoing general elections.   The market had at the close...

The Food and Agriculture Organisation (FAO) Food Price Index has dropped for the first time after eight months of continuous price spikes, FAO has announced.   The Index averaged 230 points in March 2011, down 2.9 per...

Growing global energy demand and increased concerns over environmental issues have prompted governments across the globe to commence initiatives and financial schemes to encourage production of energy from industrial and agricultural wastes. A recent study by SBI...

THE United Nations climate change conference that ended in Bangkok on Friday ended with grey areas that were not agreed upon by governments that attended the conference, thus leaving a yearning gap and questions on the possibility...