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Barely 48hours of announcing the removal of nine banks from the FOREX Market, the central bank of Nigeria has said that it has readmitted the United Bank for (more…)

The activities of pipeline vandals and oil thieves are taking a toll on the operations of the Nigerian National Petroleum Corporation (NNPC) as the corporation (more…)

The Executive Director in charge of Public Sector at First Bank, Mallam Dauda Lawal, has revealed what he told the Economic and Financial Crime Commission (more…)

The Nigerian National Petroleum Corporation (NNPC) has solicited the support of the Independent Petroleum Marketers Association of Nigeria (IPMAN) towards (more…)

...says it will ensure sustainable development in Nigeria's Economy In a bid to ensure sustainable development of the production of biofuels and biogas from non-edible fruits, in line with the global drive for environment-friendly source of energy, the Petroleum Technology Development Fund has said it is ready to sponsor more research of relevance in the oil and gas industry. The acting Executive Secretary, Petroleum Technology Development fund (PTDF), made this know during the annual oil and gas research grant peer review on 2014/2015 research cycle in Abuja. He noted that, “Resources have been committed in this area as this has proved to be the appropriate solution to the challenges of the industry, and am glad to inform you that the result has been positive and encouraging, although mor...

...Says no sovereign guarantee in the sector Until the Muhammadu Buhari’s administration came on-board, the nation’s power sector has been driven by business men who were mostly motivated (more…)

The Nigerian Electricity Regulatory Commission (NERC) has advised the Gombe State Government to take advantage of electricity generation potentials in the (more…)

The Nigerian National Petroleum Corporation (NNPC) and the Benue State Government (BNSG) have reinvigorated their collaboration on the Ethanol project (more…)