Economy

The Federal government has caved in to the demand by the organised labour by slashing the pump price of petrol by N5. The new petrol price pegged at N162.44 would take effect from December 14, 2020....

The China Railway Construction Corporation Limited (CRCC) has blamed ill luck for the frequent malfunctioning of trains it built and supplied for use in Nigeria. CRCC after-sales manager Su Zhiguang, who heads the maintenance team on...

No fewer than 300 staff of Arik Air have lost their jobs after the popular Nigeria airline sack many under its payroll. A statement issued by the airline's spokesman Adebanji Ola explained that the pandemic has...

Contrary to information earlier given by the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, car owners will pay about N250,000 to have their vehicles converted to run on gas. This was made...

The Group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has disclosed plans of the corporation to provide free conversion services that will enable automobiles switch from premium motor spirit (PMS) to...

A strong call has been made for the termination of all existing oil pipeline surveillance contracts across the country, stressing that the current contracts fuels crisis in the Niger Delta. The call was made by Oil-bearing...