Ekiti seeks $100m World Bank, AfDB loan to build airport, others

The Ekiti State government has expressed readiness to build an airport facility as part of efforts to attract investors to the state and make it the economic hub in all facets. To... Read more »

Pentagon sending more troops, materials to Saudi Arabia over Iran tension

The U.S Defense Department announced Friday it will send thousands of additional troops and more equipment to Saudi Arabia, in response to months of heightened tensions in the region involving Riyadh and... Read more »

China to fund, build $3.9bn railway from Abuja to the sea

The government of Nigeria yesterday signed a contract with state-owned China Railway Construction Corporation Limited (CRCC) to build a major new railway linking the capital Abuja to the port city of Warri,... Read more »

Ghost workers: EFCC helps FG to save N4.5bn monthly, says Magu

The Economic and Financial Crimes Commission (EFCC) has said its intervention has assisted to save N4.5 billion monthly, lost to ‘ghost workers’ on the Federal government’s payroll. A statement on by EFCC... Read more »

NNPC finally strikes crude oil, gas in North east

The Nigerian National Petroleum Corporation (NNPC) has disclosed the discovery of hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough/Gongola Basin. The corporation also signed a $2.5 billion... Read more »

Oil thieves cause fire on Nigerian oil block

A fire has broken out on an oil lease in the southeastern state of Imo in Nigeria, during what preliminary investigation believes to be illegal bunkering activity by thieves, Nigerian media reported on Friday.... Read more »

2020 Budget: We’ll not be frustrated to miss Dec target – Lawan

President of the Senate, Ahmad Lawan, said on Friday that the National Assembly will not allow Ministers or Heads of Ministries, Departments and Agencies (MDAs) of government to frustrate it from passing... Read more »
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