The Department of Petroleum Resources yesterday explained that the eight oil blocks allegedly not accounted for were among the 44 oil blocks put on offer during the 2005 bid round.
Chairman of the Senate Committee on Communications, Senator Sylvester Anyanwu, said yesterday that the Senate would, on resumption from its two-month recess on September 9, embark on a probe into the alleged mismanagement of over N112 billion in the PENTASCOPE/Nigeria
The recent Federal Government's recent directive to all aviation regulatory agencies to relocate their headquarters to Abuja is as surprising as the reason given appears hollow.
Nigerian teachers are very hopeful of getting Federal Government's approval for the implementation of the new Teachers Salary Structure (TSS) within two weeks of suspension of strike.
Nigeria Union of Teachers (NUT) has reiterated its commitment to suspend the on-going strike after expressing optimism that they will get the Teachers Salary Structure (TSS) approved and implemented through the intervention of the Governors' Forum.
Controversy now trails the formation of Microfinance Banks' (MFBs) association, as operators are divided on the issue of having a market association for MFBs.
Customers maintaining their accounts with United Bank for Africa (UBA), have expressed dissatisfaction over their inability to either deposit or withdraw their cash at the bank.
A move by community leaders in Gabu in northern Cross River State to grant mining rights of barite to a company, Emo Ashapura, has led to communal clashes in the area, leading to the burning down of houses and leaving
House of Representatives Committee on Privatisation and Commercialisation, yesterday accused management of Nigerdock Nigeria Plc, of deviating from its mandate of ship building and repairs, and turning the yard into a gun-running business.
Worried by the erractic power supply in the country, the Executive Director of Fraser Diving International Ltd, Dr. Okey C. Obi-Okoye, yesterday stated that there was need for Nigeria to explore alternative energy sources like Solar instead of over relying
THE House of Representatives Committee on Privatisation and Commercialisation has accused Niger Dock Nigeria Plc of gun running instead of its mandate of ship building and repairs.
Item 34 - Labour, including trade unions, industrial relations, conditions, safety and welfare of labour, industrial disputes, PRESCRIBING A NATIONAL MINIMUM WAGE FOR THE FEDERATION, OR ANY PART THEREOF, industrial arbitrations. - Exclusive Legislative List, 1999 Constitution
The Federal Government says it won't breach the constitution over TSS which has put teachers in trenches for over one month now, with public primary and secondary schools shut.
Nigeria has insisted that development must remain at the centre of the World Trade Organisation (WTO) talks, in order to achieve harmony in the quest for a global trade deal.
Indications are now emerging of a high-powered political plot directed at killing the report of the House of Representatives Committee on power and steel, which investigated the princely sum of $16 billion alleged to have been spent in the power
In the twilight of Governor Tinubu's administration in Lagos, he offered to take over the responsibility of rehabilitating the Third Mainland Bridge from the Federal authorities, whom he accused of insensitivity. Fourteen months after, it is sad that nothing has
The Senate Committee on Communications yesterday declared as "fraud" the deal that led to the sale of Nigeria Telecommunication Limited (NITEL) to Pentascope, just as it vowed to take drastic measures against anybody who was involved in the sale.
Nigeria has no ministerial-level engagement in the on-going World Trade Organisation (WTO) mini-ministerial meeting, in spite of the country's status as one of the emerging economies in Africa, THISDAY has learnt.