Furore over FG’s selection of Cabotage Fund beneficiaries

Stakeholders in the maritime sector of the economy have continued to kick against the criteria used to select beneficiaries for the Cabotage Vessel Financing...

Congestion: Breakdown of port operations imminent

Container terminals in Lagos ports- Apapa and Tin Can Island have been enmeshed in a congestion debacle in their terminals, with the Seaport Terminals...

13% oil derivation: FG, States may clash over fund

A battle for the management of the 13 per cent derivation fund may ensue between the federal government and the states anytime soon. There has...

Transcorp shares gain 223% on power plant acquisition

Transnational Corporation Plc (Transcorp) shares have returned 223 per cent on acquisition of Ughelli Power Plc. Daily Trust investigation shows that the Transcorp shares surged...

Power sector ’ll provide best market for investors –Nebo

The minister of Power, Professor Chinedu Nebo has said that Nigeria will provide the best market for investors in the power sector. “Nigeria as an...

‘Sacked PHCN workers’ll get jobs’

For the almost 47, 000 workers of the Power Holding Company of Nigeria (PHCN) who lost their jobs recently, there is hope. The workers that...

Uduaghan tasks international community on crude oil theft

Delta State Governor, Dr. Emmanuel Uduaghan, has urged the international community to give maximum support to Nigeria in the fight against crude oil thieves. Uduaghan...

Military shuts 59 illegal refineries, seizes 4 vessels in Niger Delta

The Joint Task Force (JTF) in the Niger Delta, operation Pulo Shield, on Sunday announced it has dismantled a militant camp in Bakassi Local...

The ding-dong over 2014 Budget benchmark

While expectations are high that the two chambers of the National Assembly may soon harmonise their differences over the 2014 budget benchmark, and pave...

Missing Excess Crude Money: Amaechi raises more questions for Okonjo-Iweala

The last appears not to have been heard on the claim that part of the money in the Excess Crude Account (ECA) is missing...

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