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*Ajaokuta Steel Complex. Oscarline Onwuemenyi 24 February 2017, Sweetcrude, Abuja – A senator representing Kogi Central in the National Assembly, Sen. Ahmed Ogembe, has expressed optimism that the moribund Ajaokuta Steel Complex would soon be revived. Ajaokuta Steel Company, established about 40 years...

*US dollar on a scale. *From N525, now sells at N501/$  * Buy rate falls below N490 * With $30bn, we have firepower to meet demand, says central bank *Fitch:...

*Vice President Yemi Osinbajo speaking with the Senate President, Senator Bukola Saraki of Nigeria. Oscarline Onwuemenyi 23 February 2017, Sweetcrude,...

*An electricity worker trying to sort out a web of power distribution lines. Oscarline Onwuemenyi 23 February 2017, Sweetcrude, Abuja – Nigeria is ranked second to India on the list of countries with the highest electricity access deficit with 75 million people compared to India’s 263 million persons. According to a new World Bank report, other countries on the...

*Central Bank of Nigeria. Oscarline Onwuemenyi 23 February 2017, Sweetcrude, Abuja – The Federal Government has disclosed that it expended a whopping sum of N1.094.22 trillion was expended on debt servicing between January and September 2016. It explained that while N1.044 trillion was used to service local debt, against the N980.55 billion budgeted in the 2016 spending...

*The Organization of the Petroleum Exporting Countries, OPEC, headquarters in Vienna, Austria. REUTERS/Heinz-Peter Bader. 23 February 2017, Sweetcrude,...

*Senate chamber. Oscarline Onwuemenyi 23 February 2017, Sweetcrude, Abuja – The Senate has fixed a time-frame for the passage of the 2017 Budget. This...

*Power distribution transformer. Oscarline Onwuemenyi 23 February 2017, Sweetcrude, Abuja – The Bureau of Public Enterprises (BPE) has frowned at...

*Power transmission towers. Oscarline Onwuemenyi 23 February 2017, Sweetcrude, Abuja – The new Managing Director/CEO, Transmission Company of Nigeria...

*Eland Oil & Gas – OML 40. 22 February 2017, Lagos — Eland Oil & Gas plc announced Tuesday that the Opuama-3 well in Nigeria’s OML...