Electricity workers fault N3tn bailout to power companies
The Organised Labour has faulted the over N3tn bailout granted to generation and distribution companies in the power sector by Federal Government after they have
Author : Our Reporter
FG gives operators ultimatum to name oil well owners
The Nigerian Upstream Petroleum Regulatory Commission on Thursday, issued a seven-day ultimatum for all lease and licence holders operating in Nigeria’s oil and gas sector,
28 govs pile up N5.8tn debts for incoming govts
The governors of 28 states who are leaving office on May 29 or running for re-election and the Minister of the Federal Capital Territory have
FG orders security forces to end oil theft before May 29
Minister of State for Petroleum Resources, Timipre Silva, has charged security agencies to end crude oil theft before the President Muhammadu Buhari-led administration ends on
Alarm over national debt unnecessary – DMO
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General,
NAHCO equipment rams into Air Peace aircraft at Lagos Airport
An equipment of the Nigerian Aviation Handling Company (NAHCO) Plc yesterday rammed into an aircraft belonging to Air Peace at the Murtala Muhammed Airport, Lagos,
CPPE seeks total review of Finance Bill
The Centre for the Promotion of Private Enterprise (CPPE) has called for a total review of the Finance Bill 2022, which President Muhammadu Buhari denied
SEC seals over 40 illegal scheme operators
The Securities and Exchange Commission (SEC) said it sealed a total of 40 illegal investment schemes last year even as it expressed concern over the
Currency depreciation worsening debt service costs, says World Bank
Currency depreciation has worsened the debt servicing situation of emerging economies whose debts are denominated in United States’ dollars, the World Bank has said. The
NUPENG threatens strike over alleged security harassment
Petroleum Tanker Drivers Branch of National Union of Petroleum and Natural Gas Workers, (PTD– NUPENG) has threatened strike over the illegal activities and high-handedness of
