Buhari writes Senate, seeks approval to spend N895bn as supplementary budget

* As Lawan hurriedly adjourns plenary over leaking roof President Muhammadu Buhari has requested the Senate…

NASS to revisit power sector privatization

The National Assembly has disclosed plans to revisit the Electric Power Sector Reform Act 2005 (EPSRA),…

Naira slides to N500/$1, as forex drops to $33.79

The naira, on Monday, depreciated to N500/$1 after recording marginal gain against the greenback at the…

Court orders Mobil, NNPC to pay Akwa Ibom communities N82bn for oil spills

A Federal High Court in Abuja has ordered Mobil Producing Nigeria Unlimited and its joint venture…

FG firms up strategy to roll out 5G mobile network

The Federal government has begun the process of licensing 3.5GHz spectrum preparatory to migrating to 5G…

Revenue to FG from solid minerals up 15% to N79.96bn, says NEITI

Revenue accruing to the Federal government from the solid minerals sector grew by 15 percent to…

AuGF raises the alarm, says consolidated revenue account overdrawn by N2.48tr

* Alleges ‘possible misappropriation’ of N162.924bn by MDAs The Auditor General of the Federation has queried…

Nigeria’s Bonny Light crude exceeds $74 mark

For the first time this year, the price of Nigeria’s Bonny Light crude has risen to…

Rising oil prices not blessing to Nigeria, says NNPC boss Kyari

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has…

Nigeria earned $34.22bn from oil & gas sector in 2019, says NEITI

Nigeria earned a total sum of $34.22billion from the oil and gas sector in 2019. The…