The Kano State Government has set up a task force to monitor the distribution and sale of petrol in the state.
The Minister for Petroleum Resources has relocated to Lagos in the bid to find a lasting solution to the lingering fuel crisis.
The House of Representatives Committee on Pensions has summoned three principal officials of the federal government to explain their roles in the disbursement of the N29 billion Police Pension Fund.
The Nigeria Labour Congress has warned that the organised labour would resist any attempt by the government to further impoverish Nigerians with increase in fuel prices.
A total blackout seems imminent in some parts of the South- West following an early Friday morning fire at the National Control Centre of the Power Holding Company of Nigeria in Osogbo
07 March 2014, 16:15
Activities on the Nigerian Stock Exchange (NSE) closed lower as transactions dropped both in value and volume terms.
07 March 2014, 15:27
The Auditor-General of the Federation has said that the constitution did not empower his office to conduct forensic audit on the accounts of the Nigerian National Petroleum Corporation.
07 March 2014, 15:14
The National Pension Commission has recovered a total of N13.33 billion from employers who fail to remit workers’ pension contributions to their workers’ individual Retirement Savings Accounts.
07 March 2014, 14:28
Business activities at the Tin-Can Island Port in Lagos were paralysed as clearing agents staged a protest over the implementation of a new tariff on imported used vehicles.
07 March 2014, 12:27
The Bureau of Public Entreprise (BPE) has formally handed over Olorunsogo Power Plc to SEPCO-Pacific Partners.
07 March 2014, 11:56
The Directorate of Petroleum Resources said that it was making efforts to safeguard motorists in Benue State from the unwholesome activities of petroleum products marketers.
07 March 2014, 11:28
Concerns over the legality of President Goodluck Jonathan’s move to suspend CBN Governor, Lamido Sanusi, has been cited as one of factors that are causing uncertainty in the local stock markets.
07 March 2014, 10:47
Commercial transporters in Enugu have increased their fares by between 40 per cent and 60 per cent following persistent fuel scarcity.
07 March 2014, 09:27
The NCC said all importers and local manufacturers of electronic products capable of being used in piracy would beginning later this year pay an additional two percent tax levy on such products.
07 March 2014, 08:01
Oil prices have risen in Asian trade ahead of the release of a key monthly US jobs report, while traders keep an eye on the crisis in Ukraine's Crimea.
06 March 2014, 18:30
Non-oil income from tax is on the decline as the Federal Inland Revenue Service tax collection reduced by N25 billion in January.
06 March 2014, 17:16
MTN's net revenue rose 5.31 percent to N793.614 billion for the 2013 business year.
06 March 2014, 16:12
Sierra Leone has urged Nigerians to take advantage of the investment opportunities in the country.
06 March 2014, 15:10
58 oil marketers in Abuja have been sanctioned this year for various offences.
06 March 2014, 14:22
ECOBANK will next week meet to discuss future plans following resolutions reached at a just-ended Extraordinary General Meeting (EGM).
06 March 2014, 13:55
The Boko Haram insurgency in the North East Zone was responsible for the slow performance in oil exploration in Chad Basin in 2013.
06 March 2014, 12:31
The Federal Executive Council has approved the borrowing of $170 million from the French Development Agency to boost electricity supply in the Federal Capital Territory.
06 March 2014, 12:17
Some major blue chips on the Nigerian Stock Exchange recorded price depreciation as a result of profit taking by investors.
06 March 2014, 11:32
The newly appointed Minister of State for Power, Mohammed Wakil, has assumed duty with a pledge to accelerate the transformation of the power sector.
06 March 2014, 10:26
The Nigerian National Petroleum Corporation said about 209 million litres of petrol had been discharged in Lagos Ports in the last 24 hours.