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DPR: We’ve accurate record of crude production

The Department of Petroleum Resources (DPR) on Friday debunked claims that the exact volume of crude oil produced in the country was not known.
World Trade Organization - WTO

WTO: Nigeria is number one importer in Africa

The World Trade Organisation (WTO) says Nigeria is the number one importer of commercial services in Africa.
Lesotho start-up MG Health has become the first African cannabis-grower to win European Union permission to export cannabis flower for medicinal use - which can range from relieving chronic pain to treating spasms caused by multiple sclerosis.

EU allows Lesotho’s MG Health to export cannabis flower for medicinal use

Lesotho start-up MG Health has become the first African cannabis-grower to win European Union permission to export cannabis flower for medicinal use - which can range from relieving chronic pain to treating spasms caused by multiple sclerosis.
BUA Group

BUA refinery set for ground-breaking this year

The ground-breaking of the proposed 200,000 barrels per day BUA Refinery will hold later this year, even as the BUA Group and Axens of France signed a progress acknowledgement statement on the project in Lagos yesterday.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police nab five for stealing N55 million cocoa export consignment

The Nigeria Police Force, NPF, has arrested five persons, Lawal Abiola; Afeez Rasaq; Akeem Gbolahan; Idowu Jelili and Safiriyu Oyebanji over alleged involvement in the stealing of a 40-foot container of Cocoa worth N55 million meant for export to the United States of America, USA.

Minister: Rail transportation awakening giant to help run government

Mr Rotimi Amaechi, Minister of Transportation, on Tuesday described the rail mode of transportation as the awakening giant that would run government.
Nigeria Naira

Analysts: Printing currency could hurt economy

Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly allocation to the three tiers of government, warning that it could heighten inflationary pressure with dire consequences for the country’s exchange rate and economy.
2. The execution of the nation’s $2.8 billion Ajaokuta-Kaduna-Kano, AKK gas pipeline project was boosted, weekend, through the delivery of 96 pipes from Warri to Itakpe in Kogi state.

NNPC delivers 96 AKK project pipes by rail to Itakpe

The execution of the nation’s $2.8 billion Ajaokuta-Kaduna-Kano, AKK gas pipeline project was boosted, weekend, through the delivery of 96 pipes from Warri to Itakpe in Kogi state.

Ex-CBN director: Nigeria’s economy can grow up by to 10% annually

Dr Titus Okunrounmu, former Director, Budgeting Department, Central Bank of Nigeria (CBN), says Nigeria’s economy can grow by between seven per cent and 10 per cent annually if the necessary measures are put in place.
The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.

Minister: Nigeria generated $150 million from coconut oil in 2020

Minister of Agriculture and Rural Development, Sabo Nanono, says Nigeria generated 150 million dollars from the export of coconut oil and its derivatives in 2020.
A drug trafficker, Goodluck Igbineweka Odeh, has been intercepted at the Nnamdi Azikiwe International Airport, Abuja, NAIA, with 2 kilogramme of heroin, which has a street value of N564 million, concealed in the lining of false bottom of his suitcase.

Italy-bound Nigerian busted with N564 million heroin at Abuja airport

A drug trafficker, Goodluck Igbineweka Odeh, has been intercepted at the Nnamdi Azikiwe International Airport, Abuja, NAIA, with 2 kilogramme of heroin, which has a street value of N564 million, concealed in the lining of false bottom of his suitcase.
Music artiste Oladapo Oyebanjo aka D’Banj has demanded N100m from Miss Seyitan Babatayo who accused him of raping her in a hotel room on December 30, 2018.

D’banj advocates use of intellectual property as collateral for bank loans

One of Nigeria’s popular musicians, Oladapo Oyebanjo, popularly known as D’banj has advocated the use of intellectual property as collateral for obtaining bank loans.
Johnson & Johnson's single dose COVID-19 shot is the fourth to be endorsed for use in the EU after vaccines from Pfizer-BioNTech, AstraZeneca-Oxford University and Moderna.

Nigeria aims to get 70 million J&J coronavirus vaccines through African Union

Nigeria hopes to receive up to 70 million doses of the Johnson & Johnson COVID-19 vaccine this year through the African Union (AU), its primary healthcare chief told Reuters, amid concerns about delayed deliveries of AstraZeneca shots.

Niger says it foils coup attempt days before presidential transition

A military unit tried to seize the presidential palace in Niger’s capital Niamey overnight in an attempted coup but it was pushed back and order has been restored, the government said on Wednesday, days before a handover of power.
The Nigerian Export Promotion Council (NEPC) says it is working with relevant ministries departments and agencies for payment of N124 billion backlog of claims under the Export Expansion Grant (EEG) scheme.

NEPC urges entrepreneurs to participate in EDF scheme

The Nigerian Export Promotion Council (NEPC) has urged entrepreneurs in the country’s South-east to participate in the federal government’s Export Development Fund (EDF) scheme.
Despite Australian Prime Minister, Scott Morrison, slamming the Chinese government for the “outrageous and disgusting slur” and seeking an apology, China refused to apologise and said Canberra should be ashamed rather than demanding an apology.

Australia to produce own guided missiles in billion-dollar plan

Australia unveiled a plan on Wednesday to partner up with a global arms manufacturer and build its own guided missiles to boost the country’s defence capabilities.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

President Buhari, Timi Sylva, Sanusi Barkindo tip gas as economic growth driver

President Muhammadu Buhari; Minister of State, Petroleum Resources, Chief Timipre Sylva; and the Secretary-General, Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, yesterday underscored the need to drive the country’s economic development by tapping Nigeria’s enormous gas resources.

JTF: 1,291 attempts to sabotage oil export pipelines foiled

The immediate-past Commander of the Joint Task Force (JTF) in the Niger Delta, Rear Admiral Akinjide Akinrinade (rtd.), yesterday said the security outfit foiled 1,291 attacks on three crude export pipelines in the past two years.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Minister: President Buhari possesses will to transform Nigeria to gas nation

Chief Timipre Sylva, Minister of State for Petroleum Resources, says that President Muhammadu Buhari has the political will to ensure that Nigeria becomes a gas nation with its huge deposit of gas.

NDLEA intercepts over n2bn illicit drugs at Lagos airport

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted illicit drugs worth over N2 billion at the Murtala Mohammed International Airport, (MMIA,) Ikeja, Lagos.

NEXIM boss: Nigeria needs more functional ports to ease Apapa gridlock

Managing Director of Nigeria Export-Import Bank, NEXIM, Alhaji Abba Bello, says Nigeria needs more functional port terminals to facilitate the export and import of goods, ease the Apapa gridlock, and also expand economic growth and development in other parts of the country.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

India turns to Nigeria, others to meet energy needs

Nigeria and other African nations could play a central role in efforts by India to diversify its sources of oil and gas, India’s Oil Minister, Mr. Dharmendra Pradhan, said yesterday, as the nation strives to reduce its energy reliance on the Middle East.

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Paul Pogba has described himself as a bad loser who misses winning trophies at Manchester United, but says that the club's silverware drought only makes them more determined to break it.

Manchester United star Paul Pogba admits he misses winning trophies

Paul Pogba has described himself as a "bad loser" who misses winning trophies at Manchester United, but says that the club's silverware drought only makes them more determined to break it.
Zimbabwe President Emmerson Mnangagwa is at odds with a business tycoon who could help Zimbabwe. Jekesai Njikizana -AFP

Zimbabwe’s president says ‘fight still on’ to fix broken economy

Zimbabwean President Emmerson Mnangagwa says the "fight is still on" to fix the broken economy, signaling out the financial industry for resisting the economic turnaround efforts.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Minister: Why I supported al Qaeda, Taliban

The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has offered explanations for his support for the Boko Haram group.
The General Overseer of the Redeemed Christain Church of God, RCCG, Pastor Enoch Adeboye has expressed concerns over the attack on monarchs in Ekiti State.

Pastor Adeboye condemns attack on traditional institutions

The General Overseer of the Redeemed Christain Church of God, RCCG, Pastor Enoch Adeboye has expressed concerns over the attack on monarchs in Ekiti State.
Ole Gunnar Solskjaer has downplayed suggestions his side have reignited the Premier League title race after ending Manchester City’s 21-match winning run with a stunning 2-0 derby victory.

Manchester United boss: We can still catch Manchester City in title race

Ole Gunnar Solskjaer has said Manchester United can still catch rivals Manchester City in this season’s Premier League title race as ‘stranger things have happened’ in football.

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The UN National Programme Manager, Patience Ekeoba, lamented that the country’s security is weak in handling gender-based matter.

UN expresses worry over violence against women in Nigeria

The UN National Programme Manager, Patience Ekeoba, lamented that the country’s security is weak in handling gender-based matter.
Liverpool boss Jurgen Klopp has said he substituted Mohamed Salah in the loss to Chelsea as he felt the Egyptian “suffered a bit” with fatigue.

Mo Salah unhappy with Liverpool contract situation

Mohamed Salah is reportedly becoming increasingly concerned by Liverpool’s attitude towards a potential new contract at the club.
Sporadic shootings have been reported in Ward 8, Bomu Town in Gokana Local Government, Ogoniland, in the ongoing local government election in Rivers State.

Security agencies prevent plans to disrupt Rivers council poll

Andoni local government area of Rivers recorded peaceful poll in the Saturday council poll as security agencies stop plans by unknown persons to disrupt the process.

Attacks: Plateau university, STF beef up security

The Plateau State University (PLASU), Bokkos, and STF have adopted new modalities to beef up security in and around the Ndar Students’ Village.
Paris St Germain’s Kylian Mbappe said he felt no pressure in facing one of the world’s best keepers in Bayern Munich’s Manuel Neuer on Wednesday and hoped to add to his tally after beating the German twice in their 3-2 Champions League win.

Neymar: Kylian Mbappe is PSG’s new pride

Neymar made this known on Tuesday ahead of the PSG’s second leg clash against reigning Champions League holder, Bayern Munich in Paris today.