Shell snubs NOSDRA’s forum on mitigating pipeline vandalism
The Bonga Spill discharged some 45,000 barrels of crude into the Atlantic in 2011 and polluted the coastline and coastal communities in Delta, Bayelsa, Edo, River and Akwa Ibom.
Nigeria losing huge revenue to corruption, privatisation — Osinbajo
“Indeed the truth is stranger than fiction in this matter of corruption in the public service”.
Regulator threatens electricity firms for exploiting unmetered customers
The commission says DISCOs charge customers for meters they did not request for.
Concessionaire of Falomo Shopping Complex refutes claim by Lagos govt that it paid N50 million for 50-year lease
The company says the N50 million it paid was not for the concession of the property but “for an expression of interest in the redevelopment project”.
Customs boss directs area commands to increase weekly revenue from N13bn to N35bn
The acting Comptroller-General wants to block leakages.
NNPC’s new boss seeks removal of fuel subsidy, deregulation of oil sector
Mr. Kachikwu says removal of price control mechanisms is imperative to ensure full growth of the sub-sector.
China Tops U.S. As Nigeria’s Biggest Trade Partner
Nigeria’s exports of mineral products accounted for ₦2.51 trillion.
BVN: CBN issues modalities for enrollment of banks’ customers in diaspora
First phase of enrollment centres have been established in 12 locations.
Buhari orders review of economic policies before 2016 budget
Buhari: “We will gladly have policy somersaults, if it will mean more jobs, particularly for youths.”
Electricity commission defies Senate, says N750 charge won’t be abolished
The electricity regulator agrees that there should no bulk metering of customers.
Oliseh rings closing bell at Nigeria Stock Exchange
The NFF wants improved partnership between football and corporate Nigeria.
Criticism trails CBN policy on ATM withdrawal limit
Business owners says the policy will cripple transactions during the weekend.
NEITI embraces NNPC restructuring, offers to help recover $11.6bn NLNG dividend
The group pledges to work with Itsay Sagay Committee to recover over $7 billion debt by oil companies
Why oil theft persists in Nigeria – Navy Commander
The commander also warned the perpetrators of the consequences of their action warning that whoever is caught would face the full weight of the law.
NNPC denies ethnic agenda in recent retirements, appointments
Kachikwu wants NNPC staff to be change agents.
SEC retires 43 senior staff, closes down 4 zonal offices
“The commission has been operating at an unsustainably top-heavy structure”.
Bayelsa, oil producing state, pays the most for fuel — NBS report
Petrol sold above N87 per litre nationwide.
ALSCON sale: Reps orders probe of BPE, NCP’s refusal to enforce Supreme Court ruling
After almost ten years of legal battle, the Supreme Court had ruled on July 6, 2012, to restore BFIGroup as the rightful owners of the plant.