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The All Progressives Congress, APC, in Anambra State, has hailed Governor Willie Obiano, for ordering the production of three million local masks, and approving 10 percent tax refund to businesses in the state to cushion the effect of COVID-19 on businesses in the state.
Crude oil prices went up at trade opening on Wednesday with optimism that the $2 trillion aid package to stimulate the American economy would increase crude demand.
The Nigeria Centre for Disease Control (NCDC) has clarified why China, South Korea, Iran, Japan and Italy were included on the country’s watch list, though noted that Nigerians travel more to Europe than Iran, South Korea, Japan and other countries where the Coronavirus (COVID-19) pandemic spread earlier.
Royal Dutch Shell’s onshore Nigeria subsidiary saw a 41% rise in the number of crude oil spills due to theft or pipeline sabotage in 2019, the group said in its annual report.
Senate President Ahmad Lawan on Wednesday said the global falling price of crude oil should be a challenge for Nigeria to devise other means of growing the nation’s economy.
Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), says Nigeria would be out of business if the price of crude oil drops as low as $22.
Saudi Arabia’s launch of an aggressive oil price war targeting its biggest rival producers after Russia refused to join production cuts with OPEC, will hit the economy of weaker oil-dependent producer like Nigeria particularly hard, as it has little scope to increase output and less ability to borrow to plug budget shortfalls.
The Federal Government has announced plans to review the 2020 budget as crude oil revenue comes under pressure from the effects of the raging coronavirus infection globally.
The Buhari Media Organisation (BMO) has described Peoples Democratic Party’s (PDP) comment that Nigeria is sliding into bankruptcy under President Muhammadu Buhari as baseless, ill-founded sheer noise-making and irresponsible as it lacks substance.
Amid fears of declining global demand of petroleum, the Petroleum Products Pricing Regulatory Agency has assured Nigerians of sufficient time products.
Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called on Nigerian Agip Oil Company (NAOC) to halt oil spills caused by leaks on its pipeline at Taylor Creek oilfields in Bayelsa.
Amid declining global demand of petroleum products worsened by the Novel Coronavirus outbreak, the Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, on Sunday assured Nigerians of sufficient supply of needed energy to operate optimally.
Coronavirus disease is taking a toll on the sales of crude as it has dropped drastically due to companies shutdown.
The Nigerian National Petroleum Corporation (NNPC) is to expand its domestic gas footprint with the delivery of the Escravos-Lagos Pipeline System (ELPS) II to double capacity from 1.1 billion standard cubic feet of gas to 2.2 BSCF.
The Federal Government has slashed the price of crude oil export for the month of March as no Nigerian cargo is sailing to China in February.
The founder of the Afe Babalola University, Ado Ekiti, Aare Afe Babalola (SAN), has said the news of crude oil discovery in the North gladdens his heart, because such a discovery will hasten the restructuring of the country.
Speaker Femi Gbajabiamila on Monday insisted the Chinese doctors coming to help in the fight against COVID-19 must first be quarantined for 14 days and comply with all relevant laws in the country.
New York Governor, Andrew Cuomo, on Monday said that fines for violating social distancing guidelines would be increased from $500 to $1,000.
The Federal Government has declared Friday, April 10 and Monday, April 13 as public holidays to mark the 2020 Easter Celebration.
The COVID-19 Fund Raising Committee constituted by governor Abdullahi Umar Ganduje of Kano state submitted its interim report on Monday, saying it had raised almost N400m.
The United Nations Mine Action Service (UNMAS) has received a donation of $236, 363 from the Government of Japan to support the UNMAS Nigeria in providing critical life-saving humanitarian assistance to civilians and humanitarian actors in the Northeast.
Polytechnic students under the aegis of the National Association of Polytechnic Students (NAPS) have rejected plan by the Federal Government to invite Chinese doctors to help contain the coronavirus pandemic in the country.
World Health Organisation, WHO
Italian Football Federation (FIGC) president, Gabriele Gravina, has suggested that funds be created from a share of betting revenue for soccer clubs and organisations in need.
It brings the total number of cases in Russia to 5,389 with 45 deaths.
As the incidences of Corona Virus Disease 2019 better known as ‘COVID-19’ increases, the Advertising Practitioners Council of Nigeria has temporarily suspended its operations.