Nigeria needs stable and uninterrupted power supply to get out of its current economic challenges, an Ilorin-based legal practitioner, Mr. Kehinde Adekunle has said.
Nigeria has lost a whooping N11 trillion to corruption in the power sector since 1999, a university lecturer, Dr Yemi Oke, said on Wednesday in Lagos.
Key Nigerian agencies have agreed to partner in oil revenue savings and promotion of better attitude to public office.
Chevron Nigeria Limited on Wednesday lauded its team for winning multiple awards at this year’s Nigeria Annual International Conference and Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) in Lagos.
Chevron Nigeria Limited (CNL) said it spent $2.5 billion on local content development in Nigeria’s oil and gas sector, representing 65 per cent of the total Nigerian goods and services expenditures for the year.
The Addax Petroleum Company on Tuesday confirmed the proposed closure of its corporate offices in Geneva, Aberdeen and Houston in the United States of America.
Some Yenagoa residents and business outfits have lauded the Port-Harcourt Electricity Distribution Company (PHEDC), for improved power supply in the area.
The Nigeria’s oil and gas industry would require $10 billion (N3.05 trillion) over the next three years to increase crude oil production from 2.2 million barrels per day (bpd) to 3 million bpd.
The Nigerian National Petroleum Corporation has put the cash call arrears owed oil companies for the development of joint venture assets at $6.6bn (N2.01tn).
Dr. Baru commended the NNPC finance and technical teams for being able to attract the much needed foreign investment at a period when it has become increasingly difficult to attract foreign credit facilities.
The Nigerian National Petroleum Corporation, NNPC, said on Monday the nation’s current crude oil production had risen to 2.35 million barrels per day.
The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, says Nigeria has lost about $60 billion to the non-enforcement of the terms of the Production Sharing Contracts signed between the federal government and the international oil companies.
Eleven persons have died in an early morning suicide attack on Muslim worshippers in Maiduguri, Borno State.
Mahmood Yakubu, chairman of the Independent National Electoral Commission (INEC), says there were attempts to sabotage the commission during preparations for the elections.
The Nigeria Referees Association, NRA, has suspended 18 referees from officiating matches in the ongoing 2019 Nigeria Professional Football League, NPFL.
North Korean leader Kim Jong Un will arrive in Vietnam on February 25 ahead of a planned second summit with President Donald Trump, three sources with direct knowledge of Kim's schedule told the Reuters news agency on Saturday.
The chairman of People Democratic Change, PDC, Anambra state, Prince Isaac Onuka, has expressed shock at the postponement of the general elections, stating that it’s party suspected sabotage from either inside or outside the agency.
Torino defender Ola Aina is thrilled to have scored his first goal for the club in Sunday’s 1-0 win over Udinese in the Italian Serie A.
The leadership of Ohanaeze Ndigbo Youth Wing has pleaded with the Indigenous People of Biafra, IPOB, to forget its call for referendum on February 16 and participate in Nigeria’s presidential election scheduled for the same day.
Principal players in the nation’s entertainment space, Nollywood, have intensified calls for the government to make bundled broadband internet service widely available in its quest to diversify the economy and boost the emergence of local digital content.
Ahead of Feb, 14, celebrated world over as St. Valentine Day, an NGO, Women Friendly Initiative, has called on youths to show genuine love and avoid immoral act during the period.
President Muhammadu Buhari, who was on campaign trail to Lagos on Saturday, said his administration’s economic policies have been making the desired impact as evidenced by steady growth in the economy in the last three years.