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The Senate on Thursday insisted on a 3% allocation to host communities in the Petroleum Industry Bill (PIB), despite protests by southern lawmakers at the National...
Over the years, commercial hubs within Lagos including Ikoyi, Victoria Island, and Lagos Island have been the choice for Nigerian companies to site their offices, especially...
The Federal Executive Council (FEC), on Wednesday, approved the award of road contracts to Dangote Industries at the cost of N309.9 billion. The 5 road projects...
The cost of transporting a container from Apapa port to Ikeja, Lagos, has increased from N300,000 as of 2018 to N1.6 million or more in 2021....
The Federal Government (FG) has selected 4 asset managers to run the N15 trillion ($37 billion) fund for the Infrastructure Corporation of Nigeria Limited (Infra-Co) which...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed that the N15 trillion Infrastructure Corporation of Nigeria (Infraco) Plc would commence full...
It is no longer news that the Nigerian National Petroleum Company (NNPC) intends to take up 20% equity in the 650,000 barrel-per-day Dangote Refinery under construction...
Shell Petroleum Development Company of Nigeria (SPDC) has said that there was an oil spillage at its facility in Ekeremor Local Government Area of Bayelsa State....
The Senate on Monday turned down a fresh request from the Federal Ministry of Works and Housing seeking approval for projects already captured in the $434.7m...
Nigeria’s current account continued in its negative trajectory in the first quarter of the year to stand at a deficit of $1.75 billion, characterized by a...