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China conducts first sea-based space rocket launch

China launched a space rocket from sea for the first time on Wednesday, its space agency announced, the latest step in Beijing’s push to become a major space power.

NNPC subsidiary, 22 others owing $49 million in gas flare fines, under-payments

The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), and 22 other oil companies are yet to pay to the federation $3,632,075 as fines for flaring gas beyond their allowed thresholds.

NEITI: Oil revenue plunged by $51.39 billion

The total financial flows from Nigeria’s oil and gas sector slumped to $17.05bn in 2016, a 31 per cent decline on the $24.79bn generated in 2015, and a 75 per cent plunge on the sector’s peak earnings of $68.44bn in 2011.

NEITI: Nigeria’s oil sector realised $17.05 billion in 2016

The total financial flows from Nigeria’s oil and gas sector in 2016 was the lowest in a decade and the fifth lowest since the return of democracy in 1999, the latest Nigeria Extractive Industries Transparency Initiative (NEITI) Oil & Gas Industry Audit report has revealed.

Russian space experts regain control of AngoSat-1 satellite

Russia's space experts say they have managed to regain control of Angola's first satellite launched earlier this week.

Russia loses contact with Angolan satellite

Russia has lost contact with Angola’s first national telecoms satellite launched from the Baikonur space pad, its maker said Wednesday — a fresh embarrassment for Moscow’s once proud space industry.

Recent Stories

Reigning NCAA Division I 200m champion, Divine Oduduru started his quest to become the second Nigerian man to successfully complete a sprint double at the Championships on an explosive note.

Divine Oduduru leads Texas Tech to first national title

Nigeria sprint sensation Divine Oduduru’s stand-out performances at the National Collegiate Athletic Association (NCAA) Outdoor Championship last weekend led his school to win their first national title.

Afe Babalola: Make June 12 inauguration for presidents, governors

Aare Afe Babalola (SAN) has declared that the declaration of June 12 by President Muhammadu Buhari’s does not mark the end of the journey of the country’s advocacy and demand for true democracy in the country.
Romelu Lukaku

Romelu Lukaku casts doubt over Manchester United future

Romelu Lukaku said he expects a "busy summer" as he cast doubts over his Manchester United future amid growing links to Inter.
Roberto Mancini Italy

Roberto Mancini: Marco Verratti is great even though he looks tiny

Marco Verratti is a great player for Italy even though he looks "small and tiny", says coach Roberto Mancini.

UK’s CISI, CIS, NCMI sign MoU on capital market training

The Chartered Institute for Securities and Investment (CISI) of the United Kingdom has entered into agreements with Chartered Institute of Stockbrokers (CIS) and the Nigerian Capital Market Institute (NCMI) to strengthen professional training and qualification of Nigerian capital market operators.