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The United Nations Conference on Trade and Development (UNCTAD) has dismissed widespread claims, stating that Nigeria’s oil sector downstream sector had receded in the last 20 years, especially in refining utilisation. In a report entitled “Commodity Dependence: A Twenty-Year Perspective” ...

The All Progressives Congress (APC) in Bayelsa State has condemned the recent campaign by Governor Seriake Dickson against international oil companies (IOCs) in the state. Addressing the press in Yenagoa, the publicity secretary, Mr. Doifie Buokoribo, said the governor was ...

A former Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, has said Nigeria’s infrastructure deficit could be addressed through debt financing. He, however, noted that the widespread notion that public debt should be used to finance the ...

Justice Ahmed Mohammed of the Federal High Court, Abuja has ordered former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, to open his defence on July 3, 2019 in the $9.8 million alleged fraud suit brought ...

The Independent National Electoral Commission (INEC) has shifted the November 2, 2019 governorship elections in Kogi and Bayelsa states by two weeks. In a statement yesterday in Abuja, the National Commissioner and Chairman, Voter Education and Information, Festus Okoye, said ...

President Muhammadu Buhari has pledged to revolutionise railway services for the turnaround of Nigeria’s economic fortunes. Addressing the 59th yearly general meeting  (AGM) of the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in Kaduna, the president ...

Penultimate week, men of the Isheri-Oshun Police Division in Lagos through a rapid response approach rescued one Oguntuyi Oluwatosin of No. 3 Alonge Street off Lafunke, Ijegun from hoodlums attacking people at Ijegun road in Alimosho Local Government Area Lagos ...

  Penultimate week, men of the Isheri-Oshun Police Division in Lagos through a rapid response approach rescued one Oguntuyi Oluwatosin of No. 3 Alonge Street off Lafunke, Ijegun from hoodlums attacking people at Ijegun road in Alimosho Local Government Area ...

A former Special Adviser to erstwhile President Olusegun Obasanjo on Bureau for Public Enterprises (BPE), Venatius Ikem, has charged Nigerians to put the right people in government for the prudent management of the nation’s treasury. Delivering the second Distinguished Public ...

Jay FM Jos that was shut by the National Broadcasting Commission (NBC) has been re-opened. After two appearances in court, both the NBC and management of the radio agreed to settle the alleged unlawful closure out of court. The management ...