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NETCO posts N3.37bn Profit, Declares N400m Dividend For 2020

the National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has reported a profit before tax of N3.37...

Prepaid Meter: Agency Tasks Nigerians to Monitor Installation

The Nigerian Electricity Management Services Agency (NEMSA), has charged Nigerians to ensure that all the meters being installed in their home or public places...

OPEC Sets Date for Crude Oil Production Increase

The Organization of Petroleum Exporting Countries and its allies known as OPEC+ have decided to adjust upwards their overall production by 0.4 million barrels...

Coscharis Motors Slashes Price of Ford Escape

Amidst skyrocketing commodity prices across Nigeria, Coscharis Motors Plc, Nigeria’s exclusive franchisee of the Ford brand has slashed the price of Ford Escape down...

Nigeria Solidarity Support Fund Appoints Dr Fejiro Chinye-Nwoko As GM

The Nigeria Solidarity Support Fund (NSSF) has announced the appointment of Dr. Fejiro Chinye-Nwoko as General Manager.  With the adverse impact of the Covid-19 pandemic...

Oil Marketers Task FG to Provide Environment for Investments

Major Oil Marketers Association of Nigeria has challenged the Federal Government to create an environment that would make investors in the oil and gas...

Nigeria Can Be World’s No. 1 Oil, Gas Country — NLNG

With its current gas reserves of 206 trillion cubic feet (tcf) and possible 600 tcf, Nigeria is capable of being the world’s major oil...

Cleaner Energy: Nigeria on Path to Meeting Global Demands – Osibanjo

The Federal Government says it is working conscientiously to ensure that the country meets the global demands on cleaner energy. Vice-President, Yemi Osinbajo, said this...

SON Inaugurates Ekiti Office, Laboratory Complex

… As Fayemi Calls On Industrialists to Invest In the State The Standards Organization of Nigeria (SON) on Friday inaugurated its Ekiti State office and...

Why Nigerian Government will Acquire 20% Equity in Dangote Refinery, Others – Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government's decision to acquire a 20 percent equity stake in all...

Fayemi Lauds Growth in the Mining Sector

…Urges Greater Participation by Grassroots Stakeholders Ekiti State Governor, Dr. Kayode Fayemi has reiterated the vision of the Federal Government to reposition the mineral and...

FG Reiterates Support for Local Entrepreneurs

The Federal Government says it will continue to promote the ingenuity and industry of indigenous entrepreneurs for economic growth. Otunba Adeniyi Adebayo, Minister of Industry,...

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Carmakers Shift Up a Gear in Race to Go Electric

With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements today (Monday) showed how the global auto industry has...

Weekly Review: NNPC Mulls Rebuilding Roads under Tax Credit Scheme

The Nigerian National Petroleum Corporation (NNPC) started its week with an engagement with critical stakeholders in a bid to find lasting solutions to the...

Ember months: FRSC Takes Campaign to Motor Park

The Federal Road Safety Corps (FRSC) RS7.22 Suleja Unit Command in Niger has begun ember months campaign to curb fatality during the period. A statement...

Hyundai Clinches Victory at FIA World Rally Championship

Hyundai Motorsport has taken its third victory of the 2021 FIA World Rally Championship (WRC) with a superb double podium finish in Rally de...
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