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On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in a growing number of energy firms to declare a massive quarterly loss. Their loss was in the region of $4.4 billion dollars. Bear in mind that this was a conglomerate that posted a $2.6 billion profit in the corresponding quarter of 2019.
The chairman of the forum and governor of the Plateau, Simon Lalong made the call in a statement by his Director of Press and Public Affairs, Dr Makut Macham on Monday in Jos, after members’ meeting via teleconferencing.
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Monday that Nigeria’s economic outlook remained positives despite the current global uncertainties.
The process to bridge the huge metering gap in the Nigerian electricity sector industry may have begun with the scheduled distribution of about 900,000 prepaid meters by the Abuja Electric Distribution Company (AEDC) to customers in its franchise area.
Vice President Yemi Osinbajo has advised state governors to look inwards for ways to generate internal revenue to enable them pay the new minimum wage.
Prof. Babatunde Rabiu, Director, Centre for Atmospheric Research, National Space Research and Development Agency (CARNASRDA) said diversifying energy could boost development and enable Nigeria attain the Sustainable Development Goals (SDGs) by 2030.
The Nigerian National Petroleum Corporation (NNPC), has said that it would support ongoing initiative by the Federal Government to diversify the nation’s economy through agriculture by providing the much needed fulcrum for the attainment of a mutually beneficial relationship between agriculture and industries.
United States talent agency Endeavor has returned a $400m investment fund to Saudi Arabia and cancelled its contract with the kingdom over the murder of Saudi journalist Jamal Khashoggi, the New York Times reported.
President Muhammadu Buhari has pleaded with Ekiti obas to support his re-election bid and government for sustainable peace in Ekiti State and beyond.
Minister for Science and Technology, Dr. Ogbonnaya Onu, has urged industrialists across Nigeria to improve on their technological innovations for better products to help Nigeria diversify and be less dependent on crude oil as the mainstay of the economy.
The downward slide of crude price may hamper current economic prospects in the country, particularly if the development refuses to abate, oil and gas analysts have said.
An Adamawa APC gubernatorial hopeful and younger brother to the first lady, Mahmoud Halilu Ahmed, is formally mounting a challenge for state governor.
The Secretary to the Government of the Federation (SGF), Boss Mustapha, has said the federal government is committed to ensuring that the new National Minimum Wage meets the present economic realities.
FIFA, the World Health Organization (WHO) and the European Commission have announced the #SafeHome campaign designed to support women and children at risk of domestic violence during the coronavirus pandemic.
A Canadian court ruled against Huawei’s chief financial officer, Meng Wanzhou, on Wednesday in her extradition case to the US on fraud charges.
The Defence Headquarters says the Air Component of Operation Hadarin Daji has killed no fewer than 30 bandits and destroyed their logistics store in air strikes conducted on Tuesday in Doumborou Forest area of Zamfara.
As part of efforts geared towards the revitalisation of Primary Healthcare, the Lagos State Government has carried out a comprehensive assessment of no fewer than 329 Primary healthcare centres in the State.
The Nigerian Stock Exchange (NSE) reopened trading on Wednesday after the public holidays to mark the Eid-el-Fitr celebration with a marginal growth of 0.07 per cent.
The UN-backed Libyan government's forces on Saturday said it took over three military camps from the rival eastern-based army in the south of the capital Tripoli, as the armed conflict between the two rivals continued.
Some officers of the Nigerian Air Force have allegedly assaulted a medical doctor on her way to resume duty at a hospital in Rivers State.
The Confederation of African Football (Caf), the Nigeria Football Federation (NFF), La Liga and Villarreal have celebrated with Samuel Chukwueze on his birthday.
Jigawa State has recorded another four new deaths of COVID-19 patients, bringing the total number of patients who lost their lives to the pandemic to seven.
Nigeria striker Victor Osimhen has been named among the player who could wear Tottenham Hotspurs’s vacant number 9 shirt.