Business

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  Flooding cuts Oil production by 500,000 barrels per day

    Nigeria has lost at least a fifth of its oil output in recent...

  • Posted October 25, 2012
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  Benin Disco: Southern Consortium Accuses BPE of Rigging, Denies Breaching Privatization Rules

  One of the competitors for the Benin Electricity Distribution Company (BEDC) , the Southern...

  • Posted October 25, 2012
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  Women Empowerment: CBN to Launch N220bn MSME Fund

  The Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, revealed that everything...

  • Posted October 25, 2012
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  Oando Announces Additional Production at Ebendo

  Oando Energy has announced that the Ebendo – 4 well, in which OER has...

  • Posted October 24, 2012
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  SSS blame Arik Aircraft’s Incident on Mentally Unstable Man

  The Department of State Security Services (DSS) said yesterday’s incident on an Arik Air...

  • Posted October 24, 2012
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  Nigeria to hold Oil licensing round by year-end – Minister

  Nigeria will hold an oil exploration bidding round before the end of the year,...

  • Posted October 23, 2012
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  NESG urges Governors not to politicise privatisation of power

  The Governors that lost out in the bid for the Benin Electricity Distribution Company...

  • Posted October 23, 2012
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  Labour Tags Power Assets Sale as ‘Rape on Nigeria’ as FG Projects N400 billion Sale Proceeds

  Industrial workers have tagged the sale of PHCN assets for about N200billion as a...

  • Posted October 23, 2012
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  Consortium Backed by Governors Broke Power Privatization Rules

  The consortium called Southern Electricity Distribution Company which was backed by the governors of...

  • Posted October 23, 2012
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  IMF Cautions Nigeria on White Elephant Projects

  The International Monetary Fund has cautioned Nigeria on the formulation of white elephant projects,...

  • Posted October 23, 2012
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