Reconstruction: Apapa-Wharf road gridlock can result to fuel scarcity -NUPENG

Reconstruction: Apapa-Wharf road gridlock can result to fuel scarcity -NUPENG

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed worry that the gridlock being experienced by petroleum tankers and articulated vehicles on Apapa-Wharf Road may result to fuel scarcity. Alhaji Tokunbo Korodo, the South-West Chairman of the...<!-- AddThis Advanced Settings above via filter on wp_trim_excerpt --> <!-- Add...
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Lagos to become largest mega city in Africa by 2035— researchers

Lagos to become largest mega city in Africa by 2035— researchers

Researchers have predicted that no fewer than 30 million people can live in Lagos by 2035 turning it into the largest mega city on the African continent. According to a statement by the African Property Investment (API) in Abuja on...<!-- AddThis Advanced Sett...
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Nigeria’s Telcos struggle for survival

Nigeria’s Telcos struggle for survival

Telecommunications operators in the country once seen as flourishing are today battling to survive due to unfavourable economic policies being  implemented by the government. The situation has forced some of them to rationalize staff; some have moved their Ne...
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Cryptocurrency blockchain technology on the rise

Cryptocurrency blockchain technology on the rise

There is no better time than now to invest, especially in crypto at ICO like e-dinar which I wrote on, at 1 E-Dinar Coin to $1. Bitcoin presently is over $2000 at market price. The news below can also give a...<!-- AddThis Advanced Settings above via filter o...
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Naira records further gain, closes at 365/dollar

Naira records further gain, closes at 365/dollar

The naira has recorded further gain, closing at 365 per United States dollar. The local currency closed at 367/dollar on Friday, after closing between 367/dollar and 368/dollar for most days of last week. The local unit had closed at 371/dollar...<!-- AddThis ...
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Kaduna Refinery pledges to patronize Nigerian engineers

Kaduna Refinery pledges to patronize Nigerian engineers

    The Kaduna Refining and Petrochemicals Company (KRPC), said on Friday it would patronise Nigerian engineers to drive the local content policy of the Federal Government. Malam Idi Mukhtar , Managing Director of KRPC, gave the indication, while receiving...
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Forte Oil to raise N20bn fresh capital

Forte Oil to raise N20bn fresh capital

The management of Forte Oil Plc on Friday said it was perfecting arrangements to raise the sum of N20 billion from the equity market to support operation and drive diversification strategy. Mr Julius Omodayo-Owotuga, Forte Oil Group Executive Director, Finance...
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National Roads Fund Bill : NUPENG commends Senate

National Roads Fund Bill : NUPENG commends Senate

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Thursday commended the Senate for stepping down deliberation on the National Roads Fund Establishment Bill. Alhaji Tokunbo Korodo, the South-West Chairman of NUPENG, gave the commendation in an...
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Expert wants CBN to sustain Forex intervention

Expert wants CBN to sustain Forex intervention

A financial expert, Prof. Uche Uwaleke, says the Central Bank of Nigeria’s (CBN) sustained intervention of pumping dollars in the FOREX market is already manifesting positively in many sectors of the economy. Uwaleke, the Head of Department, Banking and Fina...
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Oil crawls off one-month lows, supply gloom caps gains

Oil crawls off one-month lows, supply gloom caps gains

Oil edged up on Thursday, having hit one-month lows the previous day after an unexpected surge in U.S. inventories and the return of more Nigerian crude to an already oversupplied market. The oil price has slipped below $50 a barrel...<!-- AddThis Advanced Set...
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