Headline News

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  Nigerian Stock Exchange Watch: ASI (-0.04%) Declines Marginally, Dangote Flour (+5%) Gains Maximum Points

  The All Share Index declined marginally, shedding 0.04% to close at 22,170.96. Market activity...

  • Posted May 30, 2012
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  Petroleum Industry Bill grants Oil Minister Increased Powers and Right to Receive “Gifts”

  The Petroleum Industry Bill (PIB) gives the oil minister new supervisory powers over all...

  • Posted May 30, 2012
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  Present Version of Petroleum Industry Bill (PIB) will “Upset” Nigerians – Experts

  Analysts that have consulted the Federal Government on the Petroleum Industry Bill (PIB) disclosed...

  • Posted May 30, 2012
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  Finance Ministry Says Subsidy Payments Getting Out of Control

  The Federal Ministry of Finance has stopped paying subsidy claims from oil marketers who...

  • Posted May 30, 2012
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  Aggressively Prosecute Oil Thieves – Ex-ANAN Chief Tells FG

  Former President of the Association of National Accountants of Nigeria (ANAN), Dr. Samuel Nzekwe...

  • Posted May 30, 2012
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  Manufacturers spend N72.6 billion yearly on diesel to power ‘gensets’

  MEMBERS of the Manufacturers Association of Nigeria (MAN) have been spending over N72. 6...

  • Posted May 29, 2012
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  Remove Subsidy Now – NNPC tells Jonathan

  The Nigerian National Petroleum Corporation (NNPC) has called on the President to remove the...

  • Posted May 29, 2012
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  Sanusi, Ciroma, Others Voice Opposition to CBN Act Ammendment

  Several former officials of the Central Bank of Nigeria (CBN) have expressed their opposition...

  • Posted May 29, 2012
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  Petroleum Industry Bill to outlaw gas flaring by end of 2012

  Nigeria’s newly drafted oil bill, which is now close to being finalised, mandates that...

  • Posted May 28, 2012
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  “Break NNPC…We will Support You” – Rotimi Amaechi

  The Chairman of the Nigerian Governors Forum, Rotimi Amaechi has called for the dismantling...

  • Posted May 28, 2012
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