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The Ministry of Petroleum Resources has earmarked N610 million for the implementation of the ‘Seven Big Wins’, a programme designed by the Ministry to reform the petroleum industry
The federal government plans to finance the N3.52 trillion deficit in the 2018 budget with revenue from crude oil sales and non-oil sources.
Shell Petroleum Development Company of Nigeria Limited, a subsidiary of Royal Dutch Shell, has lifted force majeure on the exports of Bonny Light crude oil, one month after it was declared.
Nigerian National Petroleum Corporation, NNPC, plans to lift the force majeure on Nigeria’s Bonny Light crude next month.
Crude oil production freeze is now imminent for Nigeria, as the country’s oil production increased by 138,300 barrels per day (bpd) from the 1.723 million (bpd in July to 1.861million bpd, according to the latest report from the Organisation of the Petroleum Exporting Countries (OPEC).
Nigeria’s military was on Tuesday accused of ignoring repeated warnings about the movements of Boko Haram fighters before they kidnapped 110 schoolgirls in the country’s restive northeast.
Nigerian lawyers freshly engaged by the Federal Government to assist with the repatriation of $321 million stolen by Sani Abacha, former military ruler, will be paid $17 million (over N6 billion) for their services.
President Muhammadu Buhari’s Special Assistant on Prosecution, Okoi Obono-Obla, has denied allegations of theft and defamation raised against him by Deputy Senate President, Ike Ekweremadu.
Scorer of the only goal for El Kanemi Warriors Sunday against FC Ifeanyiubah, Ocheme Edoh, has said his team have clicked into top gear following a less than impressive start to the season.
Former French president Nicolas Sarkozy is being held in police custody over campaign financing, according to reports.
Newcastle boss Rafael Benitez believes 40 points will be enough to secure their Premier League status with his side eight points off that target.
Registrar, Joint Admissions and Matriculation Board (JAMB), Prof. Ishaq Oloyede, has called on the Federal Government to establish more centers of learning for deaf people in the country.
Romelu Lukaku has said some of his Manchester United teammate "were hiding" after the Champions League round-of-16 second leg defeat to Sevilla because of the disappointment.
Kemi Adeosun, minister of finance, says the power purchase agreements reached with project developers in the power sector is still valid and not cancelled, as rumoured.
President Muhammadu Buhari on Wednesday arrived in Maiduguri as part of the nationwide visit to trouble areas in the country.