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The Shell Petroleum Development Company has opened bids for the construction of its $12 billion (N1.9 trillion) Floating Production Storage and Offloading...

Investors networth on the Nigerian Stock Exchange (NSE) depreciated by 0.66 per cent for the month of April from the 2.05 per cent drop achieved in March,...

SAN JOSE (AFP) – Jurors late Friday ordered Samsung to pay just a fraction of the big-money damages sought by Apple in a high-stakes Silicon Valley...

United States diplomats in Nigeria on Friday claimed that “groups associated with terrorism” could be planning to attack a hotel in the financial...

All government offices and schools in Abuja would be closed down between Wednesday 7 May and Friday 9 May, as part of security measures for the World...

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday in Abuja made partial concession to demands by electricity consumers for the abolition of a fixed charge in their power consumption bill. Today, NERC directed electricity Distribution Companies (DISCOS) to stop collecting N750 monthly fixed charge in any area without power supply for 15 days in the month. The...

Abiodun Onafuye/ Abeokuta Governor Ibikunle Amosun of Ogun State, southwest Nigeria has charged the residents of the State not to relent in paying their...

Petrol importers are being owed N53.6 billion by Nigeria’s central government, being the outstanding subsidy claims made by them. Mr Obafemi Olawore,...

The Senate Committee on Commercialisation and Privatisation said concessioned ports have started yielding higher revenue for the country, its Chairman...

The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has approved 1.85 million tonnes of petrol import allocation for two quarters, covering...