FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN
By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil prices arising from a global supply glut in the review period. The Central Bank of Nigeria, CBN, made […]
Kaduna byepass: FG threatens to revoke contract over delay
The Federal Government has threatened to revoke the contracts for the construction of Kaduna Eastern Byepass awarded to Messrs Eksiogullari, over the firm’s inability to complete the job at the stipulated time after collecting N4 billion in the last one year.
N2.3bn road contract: Gov Shema hails Yar’Adua
Governor Ibrahim Shema of Katsina State has commended President Umaru Yar’Adua over the award of contracts for various Federal roads across the country, particularly, the N2.3 billion contract for the construction of Daura Bridge and rehabilitation of Kano-Kazaure-Daura-Katsina road.
Reps faults fertiliser plant’s privatisation
The House of Representatives Committee on Privatisation and Commercialisation, yesterday declared the 90 per cent privatisation of the Federal Superphosphate Fertiliser Company Limited, Kaduna, by the Bureau for Public Enterprises (BPE) illegal.
3 PDP commissioners, victims of cross fire – Oshiomhole
GOVERNOR Adams Oshiomhole of Edo state has said that the three Peoples Democratic Party (PDP) Commissioners, who resigned from his cabinet were victims of what he described as a “cross fire†between him and the former Chairman of the PDP Board of Trustees, Chief Tony Anenih.
Enugu, Chinese firm sign MoU on cement
The Enugu State Government, yesterday, disclosed that it has signed a Memorandum of Understanding (MoU) with a Chinese firm on cement production.
