News

-By Yange Ikyaa Vice President Yemi Osinbajo has called on real estate industry leaders to harness the potentials of the sector to stimulate economic growth while creating more smart cities solutions in the country. He assured that…
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-By Yange Ikyaa Cosgrove Investment Limited, a leading real estate development firm in Nigeria, has been named as the “Best Residential Innovation and Real Estate Developer of the year 2019.” The award was presented to the company…
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The Nigerian Navy said on Wednesday that it arrested no fewer than 197 suspected smugglers between 2015 and 2018. It said that the suspects were nabbed in Akwa Ibom and Cross River, and that in 2018, it destroyed 637 illegal refineries…
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The Management of Nigeria’s oil and gas logistics giant, Intels Nigeria Limited, has said it is not indebted to the Nigerian Ports Authority (NPA), but rather NPA owes it more than US$750 million. The company, which issued a statement…
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The International Monetary Fund (IMF), the Organisation of Petroleum Exporting Countries (OPEC), and world data and analytics group, GlobalData, are hopeful that the new refinery being built by Dangote Oil Refining Company (DORC) Limited…
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A total of N616.19 billion was on Tuesday distributed as Federal Allocation for the month of April, 2019 among the three-tiers of government, consisting the federal, state and local governments. According to a communique issued by…
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The General Manager Lubes, 11Plc, Umesh Malik, Monday maintained that counterfeit lubricant remains the greatest challenge plaguing the industry. This is coming even as the company officially unveiled it Mobil Super 1000 and 2000 peel…
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The Nigerian National Petroleum Corporation (NNPC) said it met its financial obligations to the Federation Account in 2018 by remitting N1.26 trillion as against the N1.22 trillion projected in the 2018 budget, recording a surplus of…
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The Federal Government has declared May 29 and June 12 as national holidays. Minister for Information and Culture, Alhaji Lai Mohammed who made the declaration, also said the May 29 Inauguration Day would be a…
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Nigeria lost $64.05 million, an equivalent of N19.6 billion, to gas flaring in one month, as oil and gas firms operating in the country flared 18.30 billion Standard Cubic Feet (SCF) of gas in January 2019, according to data obtained from…
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