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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.
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.
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.
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.
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.
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.
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 Code of Conduct Tribunal (CCT) has dismissed two applications filed by Justice Walter Onnoghen for lacking in merit.
Victims Support Fund (VSF) has reconstructed a number of public infrastructure in the insurgency ravaged North East states of Borno, Adamawa and Yobe and parts of Benue and Taraba states.
Former IBF champion Nigerian-born female boxer, Helen Joseph, popularly known as “The Iron Lady” has challenged her counterparts in the United States to a fight, saying she is ready to knock out her competitors.
A former Commissioner of Police, Chief Ikechukwu Aduba, has called for a more sophisticated way of policing to curb the rising wave of crime and violence in the country.
Atletico Madrid striker Diego Costa is the latest star to fall foul of the Spanish authorities for possible non-payment of taxes on image rights, a Spanish newspaper reported on Wednesday.
Radja Nainggolan has criticised Mauro Icardi for his recent absence from the Inter side, claiming his team-mates paid the price for an off-field dispute.