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Maikanti Baru: Nigeria to earn $5.60 billion in taxes, from Schlumberger oil finance deal

The Nigerian National Petroleum Corporation (NNPC), says the NNPC, First E&P and Schlumberger $724 million oil financing deal will enable Nigeria earn $5.60 billion in taxes and royalty.

Maikanti Baru: NPDC will soon compete with Shell, others as Nigeria’s top oil producer

Kachikwu was represented by his Senior Technical Adviser on Refineries and Downstream Infrastructure, Rabiu Suleiman, at the visitation which the statement said was in furtherance of the government’s commitment to improve domestic refining capacity.

Iyanya confirms exit from Mavin Records

Iyanya Mbuk says he is signed solely to Temple Music, confirming his speculated exit from the Don Jazzy-led Mavin Records.

NNPC gets $3.7 billion alternative funding

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, yesterday said the corporation has secured $3.7 billion in alternative financing agreement in the last three years.

EU cuts Turkey funding after ‘democratic deterioration’

The European Union will cut funds allocated to Turkey due to the "deteriorating situation in relation to democracy, rule of law and human rights" there, according to a European Parliament statement.

Recent Stories

Owo calm as traditional burial rites commence for late monarch

Owo, an ancient city in Ondo State, wore a mournful look on Thursday following the demise of its traditional ruler, Oba Folagbade Olateru-Olagbegi, at 77.

Police arrest top ‘spiritual father,’ another over Channels TV staff kidnap

The police have nabbed a top kidnap kingpin and one other in connection with the alleged kidnap of Channel Television staff on Abuja-Kaduna Expressway.
Bank of Agriculture - BoA

Federal government to divest 60% stake in Bank of Agriculture

In the bid to restructure the Bank of Agriculture (BOA) for efficiency, the Federal Government has moved to divest 60 per cent of its stakes in the bank.
U.S. White House senior adviser Ivanka Trump, back left, joins in with traditional dancers as she is welcomed by local people on arrival to Adzope, Ivory Coast, Wednesday April 17, 2019, where she will visit Cayat, a cocoa and coffee collective. At right of Trump is Minister Patrick Achi. Trump is visiting Ethiopia and Ivory Coast to promote a White House global economic program for women. (AP Photo/Jacquelyn Martin)

Ivanka Trump says Africa would inspire her dad

On a trip to Africa to promote women's economic empowerment, Ivanka Trump said on Wednesday the White House should be judged by its actions toward a continent that her father has privately disparaged.
The Chief Justice of Nigeria, Walter Onnoghen, has indicated his resolve to challenge a ruling by the Code of Conduct Tribunal, against his no-case-submission.

Code of Conduct tribunal dismisses Justice Onnoghen’s applications on jurisdiction

The Code of Conduct Tribunal (CCT) has dismissed two applications filed by Justice Walter Onnoghen for lacking in merit.