Why Addax exited Nigerian operations
Chinese oil giant, Addax Petroleum Development Nigeria has exited it’s Nigeria operations with the completion of the transfer of Oil Mining Lease (OML) 123, 124,
Author : Our Reporter
CBN’s loans to FG hit N23trn
Nigeria’s continuous borrowing could keep its economy in jeopardy as latest investigations revealed that total Central Bank of Nigeria’s Ways and Means loans to the
LASG begins impounding of unpainted commercial vehicles
The Lagos State Government has directed the Lagos State Traffic Management Authority (LASTMA) to begin to arrest and impound unpainted commercial vehicles from Monday across
Expensive Darkness: Nigerians paid N258.9bn for electricity in seven months
Despite epileptic power supply and frequent blackouts, electricity consumers in the country paid N258.91 billion for electricity in the first seven months of 2022, latest
Day electricity consumers squared up with Ikeja DisCo
It was fireworks last week, as the electricity consumers who converged at the Excellence hotel Ogba for an interactive session with Ikeja DisCo, and the
Electricity generation sheds 410.80MW in 24 hours
The Nigerian Electricity Supply Industry (NESI) shed 410.80MW in 24 hours – between November 5 and November 6, 2022. The drop in generation emanated from
Illegal budget: N’Assembly committees on NPA, NIMASA indicted
More facts have emerged on the committees of the National Assembly accused of illegally passing budgets for ministries, departments and agencies of the Federal Government
Moribund Ajaokuta Steel spends N29bn on personnel
The moribund Ajaokuta Steel Complex has spent N29bn on personnel cost despite not producing a sheet of steel, writes Sami Olatunji The Federal Government allocated
Economy, security dominate as Atiku, Tinubu skip debate
Security and the economy took centre stage on Sunday as the presidential candidates of the Labour Party, Peter Obi; the New Nigerian Peoples Party, Musa
COP27: UN seeks collective effort against climate change
The 2022 Conference of Parties on Climate Change, popularly known as COP 27, has begun on Sunday in Sharm El Sheikh, Egypt, with a call
