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FG to withhold small scale mining licences from foreigners

Indications emerged on Thursday that the Federal Government would no longer issue licences for small scale mining to foreign businessmen and companies. Minister of Mines...

NDLEA seizes 929.318kgs of hard drugs in Kaduna

The Kaduna State Command of National Drug Law Enforcement Agency said on Thursday that it had made a total seizure of 929. 318 kilogrammes...

British travel firm Thomas Cook collapses, hundreds of thousands stranded

The world’s oldest travel firm Thomas Cook collapsed on Monday, stranding hundreds of thousands of holidaymakers around the globe and sparking the largest peacetime...

CBN targets 70,000 farmers under anchor borrowers programme in Borno

The Central Bank of Nigeria says it has targeted about 70,000 farmers and business under its Anchor Borrower Programme in Borno State for 2019. Mahmood...

NNPC to begin full rehabilitation of refineries in 2020 – GMD

The Nigerian National Petroleum Corporation (NNPC) says it will begin full rehabilitation of the nations three refineries by January 2020. The nation’s refineries are located...

TCN set to supply Eko Atlantic City 1,000mw from national grid

The management of Transmission Company of Nigeria (TCN) says it has set machinery in motion to supply Eko Atlantic City, Lagos, 1,000 megawatts of...

Minister – No plan to divest federal government’s stakes in joint-venture oil assets

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in...

Nigeria to earn fresh $6.35 billion in taxes, royalties

The push by the Management of the Nigerian National Petroleum Corporation (NNPC) to increase crude oil production and grow the nation’s revenue profile gained...