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PHCN Workers Receives N373.2bn Entitlement

The National Council on Privatisation (NCP) has so far paid entitlement of N373.2 billion to 98 per cent of  the workforce of the defunct...
Energy

Electricity: Lagos Generates 47.5mw Through IPPs

Lagos State generated a total of 47.5 megawatts of electricity  all its five independent power plants (IPP) in  the last six years. Commissioner for Energy...
Energy

FAAC Raises Panel over NNPC’s Unremitted $1.48bn

…Revenue Into Federation Account Drops By N86.42bn The Federation Account Allocation Committee (FAAC) on Monday night constituted a committee to find out the  reasons for...
Energy

Buhari To Resume Search For Oil Along Chad

The President-elect Muhammadu Buhari, on Sunday, said his incoming administration will accord  priority to ending the Boko Haram insurgency and bring stability in the...
Energy

Nigeria, Russian Firm Stake N16trn To Build Four Nuclear Plants

Nigeria has signed an agreement with a Russian firm, Rosatom, to build four nuclear power plants in the country  valued at $80 billion, about...
Energy

$16b Gas City Project: Uduaghan Condemns Attack on Jonathan, journalists

The Delta State Governor, Dr. Emmanuel Uduaghan, has decried accusations levelled on President Goodluck Jonathan of being partisan in the issue of the Delta...
Business

Nigeria Finance Minister Says Oil Bill Unlikely To Pass Before 2015 Poll

Nigeria's long-awaited Petroleum Industry Bill (PIB) is not expected to be voted on by parliament before a planned general election in February 2015, the...
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