The Department of Petroleum Resources (DPR) on Thursday revoked five oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies. According to the regulatory body, the…
Read More FG revokes six oil licences to ‘recover legacy debts’The share price of Oando Plc dropped by 9.52 per cent on Monday, the first day of trading after the Securities and Exchange Commission ordered the resignation of the company’s…
Read More Oando suffers share price drop after SEC actionThe Vice President for Sustainable Development, World Bank, Laura Tuck, has warned Nigeria and other countries paying subsidies on fossil fuels to desist from it as such practice was not…
Read More Nigeria’s fuel subsidy not helping the poor — World Bank
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation of his re-appointment by the Senate on May 16. According…
Read More Emefiele begins second tenure as CBN GovernorSome farmers in the country have faulted the Federal Government’s policy on assistance to enhance rice production, saying it is not getting to the grass roots. The farmers in Kebbi,…
Read More Govt assistance not getting to us, rice farmers lament