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The House Committee on Land Transport has applauded the Minister of Transportation, Rotimi Amaechi for the impressive extent of work achieved on the current Lagos-Ibadan rail project.

Rail track vandals arrested in Kaduna

The Nigeria Railway Corporation (NRC), has announced the arrest of two persons suspected of vandalising rail tracks along Kaduna-Zaria rail line.
Nigerian National Petroleum Corporation (NNPC)

NNPC begins work on Port Harcourt refinery

The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians.
Permanent Secretary, Ministry of Communications and Digital economy, Musa Istifanus, has maintained that digital technology will help enhance the socio-economic development of the country by increasing the contribution of ICT to the GDP.

Defence ministry: How we spent $1 billion to acquire weapons

The Defence Ministry on Friday further gave an insight into how the controversial $1 billion released by the President Muhammadu Buhari’s led Federal Government to procure arms was expended on the purpose it was released while waiting for the products’ arrival about three years after.

NDIC, CIBN partner to improve banking professionalism

The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has stressed the need for effective collaboration between regulators and operators in the banking system for the establishment of sound ethics and professionalism in the banking industry.
The bill for the Chartered Institute of Forensic and Certified Fraud Examiners of Nigeria has scaled the First Reading in the House of Representatives .

House summons NNPC, Addax, others over ‘irregularities’ in oil sector

The House of Representatives Committees on Petroleum Resources (Upstream), which is investigating the circumstances surrounding the revocation and award of oil mining leases (OML), has given the Nigerian National Petroleum Corporation (NNPC), Addax Petroleum Company Limited and Santex Nigeria Limited two-week ultimatum to appear before it and explain alleged irregularities in the corporations.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senate pledges support for service chiefs to tackle insecurity

The Senate yesterday assured the Chief of Defence Staff (CDS), General Lucky Irabor, the service chiefs, Acting Inspector-General of Police (IG), Mr. Alkali Usman, and heads of intelligence agencies, of its readiness to ensure that they have all they need to tackle the worsening insecurity in the country.
Nigerian National Petroleum Corporation (NNPC)

Refinery rehabilitation: NNPC tasks contractor on project completion

The Nigerian National Petroleum corporation (NNPC) has tasked the Contractor rehabilitating the Port Harcourt Refineries Companies (PHRC) to ensure completion of the project at the estimated time frame.
A fire incident occurred at the headquarters of the Federal Inland Revenue Service (FIRS) in Abuja on Monday, officials said.

FIRS to deduct tax from defaulters’ bank accounts, other assets

The Federal Inland Revenue Service (FIRS) says it will begin to deduct tax liabilities from defaulters’ bank accounts.
Nigerian National Petroleum Corporation (NNPC)

Subsidy: NNPC faces more pressure as Bonny Light rises by 150 percent

There are indications that the Federal Government through the Nigerian National Petroleum Corporation, NNPC would be under more pressure to fund Nigeria’s petrol under-recovery or subsidy as the price of Bonny Light rises to $65 per barrel in May 2021.
Mr. Folorunsho Coker, the Director-General of NTDC who spoke with newsmen in Abuja on Sunday listed the PPP to include Google, Wikipedia, Jumia, Nollywood, Wakanow, Jabi Lake Mall, among others.

NTDC, Google partner on ‘Eko for Show’ project

The Nigerian Tourism Development Corporation (NTDC) plans to partner with Google Arts and Culture on a project tagged `Eko for Show’, to showcase what makes Lagos a centre for creativity.
Nigerian National Petroleum Corporation (NNPC)

Rising oil price puts more pressure on NNPC’s finances

Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more pressure on the ability of the Nigerian National Petroleum Corporation (NNPC) to contribute to the Federation Account.
Nigerian National Petroleum Corporation (NNPC)

NNPC assures will continue to meet financial obligations to FAAC

The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall financial performance of the Corporation.
Nigerian National Petroleum Corporation (NNPC)

Official: NNPC not broke

The Nigerian National Petroleum Corporation (NNPC) says the zero revenue projection for May pertains only to the federation revenue stream it manages and not a reflection of its overall financial performance.
President of the Senate, Ahmad Lawan, disclosed on Tuesday that the Senate may next week consider the report of an Ad-Hoc Committee on security challenges with a view to finding solutions to Nigeria’s security problems.

Senate passes amended AMCON bill, empowers agency to seize debtors’ assets

The Senate Wednesday passed the Asset Management Corporation of Nigeria Amendment bill after considering the report of its Committee on Banking, Insurance, and Other Financial Institutions.

‘Illegal detention’: Court dismisses journalist’s N110 million suit against minister

A journalist and publisher of Power Steering magazine, Oga Uhia, has lost his N110 million fundamental rights enforcement suit he instituted against the Minister of State for Power, Goddy Jedy-Agba, and police authorities, following his last year’s detention at the instance of the minister.
Nigerian National Petroleum Corporation (NNPC)

President Buhari returns ownership of four oil blocks to NNPC

President Muhammadu Buhari has approved the restoration of the leases on OMLs 123, 124, 126 and 137 to the Nigeria National Petroleum Corporation (NNPC) which is in production sharing contract with Addax Petroleum, a company wholly owned by Government of the People’s Republic of China on the blocks.

Estate owners ask Nigerian government to review AMCON’s conduct

Following the reported seizure of some plots of land at Victory Park Estate in Lekki, Lagos State, by the Assets Management Corporation of Nigeria (AMCON), the estate owners’ association yesterday called on the federal government to review the corporation’s conduct.
Mele Kyari, group managing director, Nigerian National Petroleum Corporation (NNPC), says buyers were begged to purchase Nigeria’s crude oil at $9 per barrel in April.

NNPC boss: Fuel queues will disappear soon

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has frowned at the re-emergence of petrol queues across the country, assuring that the situation will normalize in hours.

Petrol queues: NNPC increases daily PMS truck-out to 1, 661

The Nigerian National Petroleum Corporation (NNPC) says it has increased daily supply of Premium Motor Spirit (PMS) also known as petrol across the country from 550 trucks to 1,661 trucks.
Nigerian National Petroleum Corporation (NNPC)

NNPC: Export revenue declined by 45.87% to $2.62 billion in 2020

The total revenue generated by the Nigerian National Petroleum Corporation (NNPC) from crude oil and gas exports fell from $4.84 billion in 2019 to $2.62 billion in 2020.

AMCON seeks special tribunal to recover N5.4 trillion debt

The Asset Management Corporation of Nigeria (AMCON) has approached the National Assembly to be accommodated in the provisions of the newly amended Banks and Other Financial Institutions Act, 2020 (BOFIA, 2020), which sets up Special Tribunals for hearing financial matters emanating from the financial institutions.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC raises oil demand growth on stronger economic recovery

The Organisation of Petroleum Exporting Countries (OPEC) has raised its forecast for crude oil demand growth this year on the back of an expected stronger economic recovery.

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Ebonyi housing commissioner passes on

Governor David Umahi on Saturday commiserated with the husband of the deceased, Celestine Okah, in a statement signed by his Special Assistant on Media and Publicity, Francis Nwaze.
Gov. David Umahi of Ebonyi has pledged to abide by the peace pact he made with political opponents in the Peoples Democratic Party (PDP).

Ebonyi: APC, PDP bicker over abduction of opposition chieftain

The kidnap of Amos Ogbonnaya, of a former Coordinator of Anuagata Development Centre, in the Ohaozara Local Government Area of Ebonyi State by hoodlums, on Thursday evening, has continued to generate mixed reactions from various segments of the state.
Obi of Onitsha, Igwe Alfred Nnaemeka Achebe

President Buhari greets Obi of Onitsha at 80

President Muhammadu Buhari felicitates with the Obi of Onitsha, Igwe Nnaemeka Alfred Achebe on the occasion of his 80th birthday, commending the royal father’s unwavering dedication to Nigeria’s unity and development.
Most of the Palestinian deaths occurred in Gaza but on Friday clashes spread to the West Bank, where 11 Palestinians died and hundreds were injured. Israeli forces used teargas, rubber bullets and live fire, as Palestinians threw petrol bombs.

US envoy arrives in Israel for de-escalation talks

Most of the Palestinian deaths occurred in Gaza but on Friday clashes spread to the West Bank, where 11 Palestinians died and hundreds were injured. Israeli forces used teargas, rubber bullets and live fire, as Palestinians threw petrol bombs.
Amaju Melvin Pinnick, the President of the Nigeria Football Federation, has restated his backing for embattled head coach of the Super Eagles Gernot Rohr despite increasing calls for the immediate dismissal of the German.

NFF owes Super Eagles boss Gernot Rohr six months salary

Super Eagles head coach Gernot Rohr has not been paid his wages by the Nigeria Football Federation for six months.

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Barcelona are ready to sell Antoine Griezmann, less than one year after signing him from Atletico Madrid, according to Sport.

Report: Barcelona open to selling Antoine Griezmann for the right price

Italian Sky Sports journalist Matteo Moretto has proclaimed that Barcelona are willing to sell French superstar Antoine Griezmann in the summer if they were to receive an adequate offer, in order to try and ease the pressure on their accounts.
Fred suffered racist abuse online following Manchester United’s FA Cup exit to Leicester City on Sunday.

Manchester United star Fred racially abused after defeat to Liverpool

Manchester United Brazilian midfielder Fred received racist abuse on Instagram following the 4-2 loss to Liverpool at Old Trafford on Thursday night.

WHO cautions on excessive speed to reduce road accidents

World Health Organisation (WHO) on Friday cautioned drivers on excessive speed to reduce road accidents globally.
Nigeria’s renowned musicians, Innocent ‘2Baba’ Idibia and Chike, ‘boo of the booless’ crooner, are to perform at the launch of the Nigerian Exchange Group (NGX Group) Plc’s campaign.

2Baba, Chike to perform at NGX Group’s launch

Nigeria’s renowned musicians, Innocent ‘2Baba’ Idibia and Chike, ‘boo of the booless’ crooner, are to perform at the launch of the Nigerian Exchange Group (NGX Group) Plc’s campaign.
When Thibaut Courtois was sold by Chelsea to Real Madrid in 2018, there was little affection for one of the world’s best goalkeepers from either the club he was joining or the one he had just left. Courtois‘ relationship with the Chelsea fans had soured after he pushed the move through by refusing to report for pre-season training and rejecting an offer of talks with then-coach Maurizio Sarri.

Thibaut Courtois calls for Real Madrid focus in La Liga title race

Real Madrid goalkeeper Thibaut Courtois called on his team mates to keep their focus as the La Liga title race heads for a dramatic finish.