Business

NNPC spends $1.8b to import petrol every 3 months

The Nigeria National Petroleum Corporation (NNPC) said on Wednesday that it spends $1.8 billion in…

Fuel scarcity and power crisis

By Femi Pedro After inheriting a colossal mess from all the previous administrations combined, it…

US plotting to scuttle OPEC-non OPEC deal, says Venezuela

The United States is seeking to block a deal between OPEC and non-OPEC nations to…

NLNG pays $32billion dividends to shareholders

The Managing Director, Nigeria Liquefied Natural Gas (NLNG), Mr Babs Omotowa, said that the company…

China offers $15m to Nigeria for agric demo farms

Chinese President Xi Jinping on Tuesday in Beijing offered 15 million dollars agricultural assistance to…

NNPC: Fuel queues ease in Abuja, environs

Fuel supply to Abuja retail stations has improved  and the long fuel queues of vehicles have virtually…

Otedola diverted $232.9million to AP: Witness

Boniface Emenalo, the Secretary of the then House of Representatives Ad hoc Committee on Fuel…

China offers Nigeria $6billion loan: Geoffrey Onyeama

It was a loan more than expected. Nigeria was shopping for $5billion help. But it got more than…

South Africa’s Comair gets 2-day strike notice

South Africa's airline operator Comair said on Tuesday it had received a 48-hour strike notice…

Dangote signs $2b Chinese loan for 2 cement plants

Dangote Group, the company owned by Africa's richest man Aliko Dangote, signed a deal on…