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Chevron discovers new 17,000bpd oil field – Report
Chevron Nigeria Limited, a subsidiary of Chevron Corporation, has announced the discovery of a new oil field estimated to hold ...IMF to raise $8bn to reduce poverty in low-income countries
The International Monetary Fund (IMF) has announced a plan to raise $8 billion to reduce poverty in low-income countries. In ...AfDB approves $100m for establishment of Youth Entrepreneurship Investment Bank in Nigeria
The African Development Bank (AfDB) has approved $100 million for the establishment of the Youth Entrepreneurship Investment Bank in Nigeria. ...Nigerians lament hunger, World Bank says 129m trapped in poverty
The World Bank has released the Nigeria Development Update report, offering a bleak outlook on poverty in Nigeria, as it ...Naira weakens to 1,705/$ at parallel market
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau ...NNPC still sole Dangote petrol buyer – Marketers
The Nigerian National Petroleum Company Limited is still the sole off-taker of Premium Motor Spirit, popularly called petrol, from the ...My plants generate 15% of Nigeria’s electricity, says Davido’s father
Adedeji Adeleke, father of Nigeria Music Star David,has claimed that he generates 15 per cent of the country’s electricity ...Crude oil price falls to $73 per barrel as Middle East tensions ease
Crude oil prices fell more than 4 percent on Tuesday after a report that Israel was willing to spare Iranian ...Patronise local caterers for on-board meals Keyamo tells foreign airlines
Festus Keyamo, the minister of aviation and aerospace development, has directed foreign airlines to patronise local caterers for on-board meals. ...FG will financially support 20m Nigerians from increased revenue – Wale Edun
Wale Edun, minister of finance and coordinating minister of the economy, says revenue generated by the government will be used ...