Missing N11bn petrol, Reps panel summons Capital Oil
The House of Representatives’ Committee on Petroleum Resources (Downstream) has summoned the management of Capital Oil to explain the disappearance of N11bn worth of...
Ministry of finance gets approval to offset FG N2.7tn debt
A proposal presented by the Ministry of Finance to offset accumulated Federal Government’s debts totalling N2.7tn got the approval of the Federal Executive Council...
2017 budget will be affected by falling oil price, production cut – Kachikwu
The Minister of Petroleum Resources, Ibe Kachikwu has revealed that the crash in crude oil price to about $42.5 per barrel and the likely...
Wabba justifies N50, 400 minimum wage for labour
The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has explained how the new minimum wage would be negotiated. He disclosed that $140,...
New Mitsubishi Pajero Sport introduced to Nigerian market
Confident that Nigeria will get out of economic recession soon, Massilia Motors Limited, representing Mitsubishi brand in Nigeria, has introduced an all-new Pajero Sport...
