The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), popularly known as petrol, directly to oil marketers, bypassing the Nigerian National Petroleum Company […]
Category: Economy
Economy
Nigeria’s Power Woes: National Grid Collapses Despite Billions in Loans
Nigeria’s national grid has collapsed 105 times in recent years, despite significant investments and multiple loans aimed at revamping the power sector. Under both President […]
Four Vessels Deliver 123.4 Million Litres of Petrol to Boost Nigeria’s Fuel Supply
No fewer than four vessels carrying a combined 123.4 million litres of Premium Motor Spirit (PMS), commonly known as petrol, arrived at Nigeria’s seaports between […]
Nigerian Air Force Airlifts Relief Materials to Flood Victims in Borno State
The Nigerian Air Force (NAF) has reaffirmed its commitment to supporting civil authorities by completing a crucial airlift mission on 16 October 2024. This mission […]
Henry Akinduro Sues EFCC for N5 Billion Over Unlawful Declaration as Wanted
Dr. Henry Akinduro, CEO of Global Signature Hotel and Total Grace Group Limited, has filed a N5 billion lawsuit against the Economic and Financial Crimes […]
World Bank Urges Nigerians to Back Economic Reforms, Warns Against Reversal
The World Bank has called on Nigerians to support the country’s ongoing economic reforms, warning that reversing them could have dire consequences. Speaking at the […]
Chief Dr. Tony Amechi Showcases Delta State’s Investment Opportunities at Ireland-Nigeria Investment Partnership Conference 2024
The Ireland-Nigeria Investment Partnership Conference 2024, held on October 15 at the Hilton Dublin Airport Hotel, Dublin, marked a pivotal moment in fostering deeper bilateral […]
Okonjo-Iweala Warns “733 Million” Facing Hunger, Calls for Urgent Reforms
Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has raised concerns about the alarming rise in global hunger, with 733 million people now […]
Adedeji Adeleke to Build Nigeria’s Largest Power Plant, Boosting National Electricity Supply
Adedeji Adeleke, the father of music star Davido and a prominent business mogul, has announced plans to construct Nigeria’s largest thermal power plant. Speaking at […]
Federal Government Allows Petroleum Marketers to Buy Petrol Directly from Refineries, Bypassing NNPC
The Federal Government has granted petroleum marketers permission to purchase petrol directly from local refineries, removing the Nigerian National Petroleum Company Limited (NNPCL) as a […]