Senate debates law to criminalize generator business in Nigeria

The senator representing Niger South, Bima Enagi, has introduced a bill that seeks to ban the…

Uzodinma names 22 commissioners, sends list to Imo assembly for screening

Imo State governor, Senator Hope Uzodinma, has sent the names of 22 commissioner nominees to the…

UNILAG ASUU wants Babalakin out as pro- chancellor

The Academic Staff Union of Universities (ASUU) has passed a vote of no confidence on the…

Oil price crash: NNPC serves notice of harder times ahead

The Nigerian National Petroleum Corporation (NNPC) has served notice of more economic hardship following the crash…

Dangote’s oil assets to produce 20,000bpd by July

Africa’s richest man, Alhaji Aliko Dangote, will begin production of oil from two assets he snapped…

Buhari writes Senate, seeks change in implementation date for 7.5% VAT

President Muhammadu Buhari has written to the Senate seeking amendments to the Finance Act recently passed…

Senate raises committee to revisit $57 oil benchmark

The Senate has set up a joint Committee to assess the impact of the ravaging coronavirus…

Excess Crude Account now $71.81m

The Accountant-General of the Federation, Ahmed Idris, has given an insight into Nigeria’s Excess Crude Account…

Coronavirus: Nigeria’s Bonny Light crude drops to $37.22 per barrel

The price of Bonny Light, Nigeria’s premium oil grade has dropped further from $46.33 to $37.22…

Telecoms quarterly contribution to GDP exceeds N6trn, says NCC

The contribution of the telecommunications industry to the Nigerian economy is above N6 trillion on a quarterly…