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Group Managing Director
Total petroleum industry donations for the fight against the COVID-19 yesterday hit N11billion as the Nigerian National Petroleum Corporation (NNPC) announced additional contributions of N11billion.
“We must communicate to our people where we are now, and that we can no longer assume we are still where we used to be. We are faced with a challenge that no government in the history of Nigeria has ever faced. So, we have to redesign our economic planning and change our thinking.”
The International Oil Companies, IOCs, indigenous oil companies and servicing firms have further scaled down their operations as the price of Bonny Light, Nigeria’s premium oil grade has fallen from $23.42 to $22.20 per barrel in the global market.
He also directed the ministry to ensure that critical infrastructure like roads, rails are protected and as much as possible, use local inputs so that the country retains value within her economy.
Speaker of the House of Representatives, Femi Gbajabiamila, last night regretted the current poor power supply in the country, declaring that making life more miserable for Nigerians who were on lockdown over the coronavirus pandemic was unacceptable.
The Speaker of Nigeria’s House of Representatives, Rep. Femi Gbajabiamila, on Wednesday met with the Minister of Power, Mr. Sale Mamman and the management of the National Electricity Regulatory Commission over a viral video by Nollywood actress, Ada Ameh.
The Transmission Company of Nigeria (TCN) says it has received unprecedented support from the Nigerian National Petroleum Corporation (NNPC) for the availability of gas
The Chief of Army Staff, Lt.-Gen. Tukur Yusuf Buratai, has approved the appointment of a new Theatre Commander for Operation Lafiya Dole, as well as a new General Officer Commanding 1 Infantry Division, Nigerian Army, Kaduna
The Theatre commander of Operation Lafiya Dole, General Olusegun Adeniyi, has been sent back to school to be a research fellow at Nigerian Army Resource Centre (NARC) in Abuja. His posting was among the dozens...
African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
President Muhammadu Buhari on Monday appointed Vice President Yemi Osinbajo to head the Economic Sustainability Committee.
The Nigerian National Petroleum Corporation (NNPC), yesterday, said it has activated measures to guarantee seamless distribution of petrol across the country throughout the lockdown and beyond.
Despite the lockdown and stay-at-home orders by most state governments in the country, the Nigerian National Petroleum Corporation (NNPC) has given an assurance of an uninterrupted supply of petroleum products across the country.
The Nigerian National Petroleum Corporation (NNPC) has donated 17 items to support the isolation centre at the University of Abuja Teaching Hospital Gwagwalada to combat Coronavirus in the country.
The Nigerian National Petroleum Corporation (NNPC) and 31 upstream oil and gas industry companies on Friday announced a $30 million (N11.4 billion) intervention fund to combat coronavirus in Nigeria.
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
The Nigerian Medical Association (NMA) has rejected the planned arrival of a Chinese medical team to assist the country in its coronavirus (COVID-19) response.
Nigeria has confirmed eight new cases of Coronavirus, bringing the total national figures to 232 cases.
Shenzhen, a city in southeastern China, has become the first city in the country to ban the consumption of pets, such as cats and dogs, CNN has reported.
As at 09:30 pm 5th April there are 232 confirmed cases of #COVID19 reported in Nigeria. Thirty-three have been discharged with five deaths.
UK Prime Minister Boris Johnson has been admitted to hospital over his coronavirus infection.
The first victim of coronavirus in Ondo has been identified as military personnel returning from India.
The federal government has started discussions with the Manufacturers Association of Nigeria (MAN) to explore the potential for local production of medical consumables such as face masks, gloves, sanitizers, and even equipment like ventilators used in the prevention and treatment of Covid-19 pandemic.
Sri Lanka’s Twenty20 squad needs some adjustments, said coach Mickey Arthur, who will be overseeing the team’s bid for a second 20-overs World Cup title later this year.
The emergence of the coronavirus pandemic has exposed the weakness of health systems in most countries, the World Health Organisation (WHO) has said.
Kogi State Government has advised workers to brace up for tough times ahead as it commenced the payment of salaries for the month of March.