Business

“$20 billion is too big to ignore. This is Nigerian money and it must be investigated.”

Three players moved from Heartland to Rangers.

The fire started five days ago.

Oil marketers say they fear that the subsidy payment was not included in the 2015 budget.

Pioneer status grants a beneficiary company an initial five years tax holiday, subject to additional three years on approval.

Government must overhaul the current arrangement where the Nigerian National Petroleum Corporation regulates both gas supply and transport to power...

Teragro Commodities Limited is the agribusiness subsidiary of Transnational Corporation of Nigeria Plc.

A total of 2,791, or 65 per cent, received N16.4 billion.

The CBN governor says the country needs drastic measures to raise money and address urgent developmental needs.

The court had granted an interim injunction restraining Agip from awarding contract for the maintenance of OB/OB, Ebocha and Kwale...

Shell attributes the leak, which occurred on April 15, to sabotage of its facility.

The workers says the Executive Secretary of the commission is high-handed.

Buhari: "“Dr. Adesina has a proven track record in a career that predates his position as Nigeria’s Minister for Agriculture..."

The intending travellers resorted to violent protests, invading the tarmac of the airport and disrupting a scheduled Lagos-Accra flight on...

About 140 billion cubic meters of natural gas produced in association with oil is “flared” at thousands of oil fields...

The electricity distribution company increased, by about 1,100 per cent, tariffs through estimated bills sent to its customers.

With the review, ATM card users cannot spend more than $50,000 in a year during their stay abroad or when...

The power plants would be the biggest in Africa

World Bank plans $15.7 billion fresh lending for Africa in 2015.  

A glut of unsold Nigerian crude is building up too.

The planned acquisition would provide Shell with enhanced capacity to be competitive in new oil and gas projects.

Whatever tariffs would be proposed by the distribution companies would be subject to the final approval of the Commission.

BG Group, which is active in more than 20 countries, including Nigeria, has a strong record in exploration.

The elections and the long Easter break made the currency to fall as low as N185.

The report showed that $26.9 billion was earned from taxes, royalties and rents.