Iyanya, Chidinma other past winners unite as Project Fame 8 takes off

Iyanya, Chidinma other past winners unite as Project Fame 8 takes off

The winner of the competition will walk away with a grand prize of N5m, a brand new SUV and a recording deal worth millions of Naira. The 1st runner up will get a saloon car and N3m. The 2nd runner up will be awarded a brand new saloon car along with N1m while the 3rd runner up will receive a cash prize of N1m.
Visible Articles 5 10 15
Nigeria refineries low  on Petrol production

Nigeria refineries low on Petrol production

Current data on refineries production in Nigeria indicate that more heavy or fuel oils (low and high fuel oil/black oil) are being produced from the four refineries than other high demand products like premium motor spirit, PMS, otherwise known as petrol. The revelation comes despite assurances by the Nigerian National Petroleum Corporation, NNPC, which said last week that two of its refineries were working between 60 and 80 percent of their installed capacities.

Unemployment cases worsen as 1.3m lost jobs in Q2

Unemployment cases worsen as 1.3m lost jobs in Q2

LAGOS — There are indications that the country’s labour market has taken a major hit with worsening unemployment recorded in the second quarter (Q2) of 2015. About 1, 317,700 Nigerians lost their jobs within the period.

Oil crash, dwindling revenue  threaten Nigeria’s 2015 budget

Oil crash, dwindling revenue threaten Nigeria’s 2015 budget

The low crude oil price has started to take its toll on Nigeria’s economy, triggering a huge decline in the country’s foreign reserves and engendering a free fall of the naira, and a host of others. Already, in the April Federation Account Allocation Committee, FAAC, meeting, it was stated that the country recorded a revenue shortfall of N 86.42 billion, due to a N78.36 billion decline from oil revenue.

We’ve found banks with stolen oil money – Buhari

We’ve found banks with stolen oil money – Buhari

President Muhammadu Buhari, yesterday, in Abuja said that his administration has identified banks, financial institutions and countries in which payments for stolen Nigerian crude oil have been deposited.

Jonathan raised fuel subsidy to N1.9trn from N300bn – Amaechi MA

Jonathan raised fuel subsidy to N1.9trn from N300bn – Amaechi MA

ABUJA—Former Governor Rotimi Amaechi of Rivers State, has accused former President Goodluck Jonathan of unilaterally increasing the country’s subsidy claim to N1.9trillion during his administration, from the N300 billion it was during the late President Umaru Yar’Adua government.