Business

Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu The Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia, H.E. Khalid bin Abdulaziz Al-Falih, has …

Microsoft hit the trillion-dollar value mark on Thursday for the first time, becoming the third technology giant to reach the symbolic milestone. Shares in Microsoft rallied some five per cent …

The African Development Bank says its level of investment in Nigeria stands at $4.5 billion as at March 2019. Mr Emeka Anuforo, Media Relations Officer of the bank made this …

The Nigerian Communications Commission says the 95.7 million subscribers’ SIM registration that was declared invalid on Tuesday are undergoing scrubbing and verification. While giving clarification on a media report which …

The Rivers State Internal Revenue Service has sealed off the corporate headquarters of the Niger Delta Development Commission in Port Harcourt over unpaid withholding tax allegedly running into N50bn. This …

File photo Nigeria’s power generation dropped to 3,231 megawatts on Wednesday, more than a week after the latest system collapse. Data from the Nigeria Electricity System Operator, an arm of …

Miners. File photo More than 40 million people around the world work in artisanal and small-scale mining where minerals including gold, diamonds and cobalt are dug up often by hand, …

The Pension Transitional Arrangement Directorate (PTAD) yesterday in Lagos started a nationwide verification exercise for all pensioners of treasury funded parastatals, agencies and institutions under the Defined Benefit Scheme (DBS). …

Nigeria’s decision to sell crude oil at discounted rates is not uncommon in the global oil market, an Energy Economics professor, Wunmi Iledare, has said. The measure which is intended …

The Integrated Data Services Limited (IDSL), the premier geological and geophysical subsidiary of the Nigerian National Petroleum Corporation (NNPC), said it is aggressively boosting its seismic data acquisition technologies and …