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The Nigerian National Petroleum Corporation (NNPC) yesterday projected global losses from exploration and production activities due to slowing demand for crude oil amid the COVID-19 pandemic will hit about $1 trillion by the end of 2020.
The Central Bank of Nigeria (CBN) has revealed main business activities and sectors in the Nigerian economy that are eligible to access its N75 billion Youth Investment Fund.
A don, Dr Ovat Oyama, says increased investment in renewable energy will be the panacea to curbing the epileptic power supply caused by incessant collapse of the national grid.
The upper chamber of the National Assembly on Tuesday approved President Muhammadu Buhari’s request to borrow the sum of N850 billion from the domestic capital market to finance projects in the 2020 budget.
As many people are now aware, the outbreak of the Novel Coronavirus Disease (COVID–19) in China has rapidly permeated and profoundly changed the world.
The Chairman, House of Representatives, Committee on Power, Hon Magaji Da’u Aliyu, has said the over 40 years old Mambilla Hydro-Power project only existed on papers because there was nothing on ground to show that the project has commenced before the coming of this administration.
The Lagos State Employment Trust Fund (LSETF), in partnership with the United States African Development Foundation (USADF), has awarded grants to 11 Vocational Training Centres (VTCs) following the successful completion of the due diligence and project development phases of the LSETF-USADF Employability Programme.
President Muhammadu Buhari has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in Taraba State.
Gov. Simon Lalong of Plateau State has congratulated Nwangele Godwin, a 25-year-old Nigerian winner of the 2020 Rhodes Scholarship for West Africa who was born and brought up in Jos.
The Nigerian advisor for Central Eastern European & West African Business Association (CEEWABA), Ambassador Adedotun Adepoju, has reiterated the Association’s readiness to attract Foreign Direct Investment (FDI) into Nigeria from the far Central Eastern European investors.
Lagos State Governor Babajide Sanwo-Olu has consented to the request by the authorities of the University of Lagos (UNILAG) to float a jetty at the school’s waterfront to complement transportation on the campus.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.
Dr Akinwumi Adesina, President, African Development Bank (AfDB), has revealed plans by the bank to phase out coal power stations across Africa and switch to renewable energy.
Stakeholders in the environment sector have commended Nigeria’s implementation of its Nationally Determined Contributions (NDCs) in terms of mitigation and adaptation of climate change.
President Muhammadu Buhari has described Japan as Nigeria’s strategic partner for socio-economic development.
President Muhammadu Buhari says Nigeria has very attractive investment opportunities with some of the highest “Returns-on-Investment’’.
The joint EU-UN Spotlight Initiative, on Monday called on the media to intensify advocacy through reportage of violence against women and girls to end the menace in the country.
Mr Tokunbo Abiru, APC’s candidate for the Lagos East bye-election, has said that quality representation at the National Assembly is an antidote to diverse national development and security challenges.
General Motors announced today that it is abandoning Donald Trump’s effort to take away California’s ability to set fuel efficiency standards. The company, along with Fiat Chrysler and Toyota, previously backed Trump’s efforts to roll back fuel efficiency standards.
The Speaker, Lagos State House of Assembly, Mudashiru Obasa, says the 2021 Appropriation Bill currently before the house will be passed before Dec. 31.
The Elder and major Stakeholders of the Peoples Democratic Party (PDP) on Monday affirmed the belief that it is the turn of the South East to produce President of Nigeria in 2023.
A middle-aged businesswoman, Nkechi Opara, on Thursday appeared before the Chief Magistrates’ Court in Ikeja for allegedly defrauding a microfinance bank of N860,000.
As fighting continues in Ethiopia’s Tigray region, the United Nations is calling for the opening of routes to four refugee camps sheltering Eritreans, who are almost fully reliant on humanitarian aid.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari said that President Buhari never interferes in the operations of the Corporation.
Augustin Sidy Diallo, the president of the Ivorian Football Federation, has died on Saturday at the age of 61 after contracting COVID-19.
The National Working Committee (NWC) of the Peoples Democratic Party (PDP) on Monday appointed Chief Ali Odefa as Chairman of its reconstituted South East Zonal Caretaker Committee.