Electricity: No tariff increase for now, says Power Minister
Tegbe, who took over leadership of the power sector as the minister 50 days ago, also gave insight on the grid audit
Naira depreciates to N1,535/$ in parallel market
The Naira yesterday depreciated in the parallel market to N1,535 per dollar from N1,520 per dollar on Wednesday.
Samoa agreement in interest of Nigeria —FG
The Federal Government yesterday defended the SAMOA Agreement, saying it was signed in the interest of Nigeria.
21 LGAs in 10 states, Federal Capital Territory submerged in flood — FG
THE Federal Government said yesterday no fewer than 21 local government areas in 10 states and the Federal Capital Territory, FCT, have been submerged by flood as a result of torrential rainfall in the past few days.
High cost of drugs to persist as local production flops
The high cost of drugs in the country would persist, as local production of the products is near total collapse due to inconsistencies in government policies.
Divestment: Oando completes assets acquisition deal with Agip
“And for us in Nigeria, our deep offshore accounts for 43% of our total oil reserve. Also, our total international oil production, our deep offshore accounts for 30% of our daily production”
