NewsColony

Tag : Development

Business

Nigeria could lose $600 million to imported meters

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File Photo Nigeria may lose over $600 million to capital flight in favour of China in addition to hurting the local content pursuit with the...
Business

Motorists, commuters groan as petrol sells for N164 per litre

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Pool Photo Vehicle owners and commuters in Lagos on Thursday decried the increment in pump price of Premium Motor Spirit, also known as petrol, following...
Business

PENGASSAN, NUPENG suspend strike

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Pool Photo Members of Nigeria’s major labour unions in the oil and gas sector have suspended the strike they embarked upon in protest against the...
Business

Falling oil revenue: We must end gas flaring – RMAFC boss

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Faced with dwindling oil revenue, which has threatened 2020 federal and state governments’ budgets, Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Engr...
Business

Execution of court judgment threatens to stall reopening of Enugu airport

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The proposed reopening of the Akanu Ibiam International Airport, Enugu, on August 30 is being threatened by the execution of a court judgment which ceded...
Business

Official: National gas transportation network code to go-live Monday

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Mr Justice Derefaka, Technical Adviser, Gas Business and Policy Implementation to Minister of State for Petroleum Resources, says the National Gas Transportation Network Code (NGTNC)...
Business

ICAN chief urged Nigerians to embrace Made-in-Nigeria products post-coronavirus

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The President of the Institute of Chartered Accountants of Nigeria (ICAN), Mrs. Onome Joy Adewuyi, has called on Nigerians to embrace and patronize “Made-in-Nigeria” products...
Business

DMO: Chinese loans constitute only 3.9 percent of Nigeria’s total public debt stock

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Total loans by the Chinese government and affiliate agencies to Nigeria is about $3.121 billion and constitutes only about 3.94 per cent of Nigeria’s total...