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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, yesterday said the Escravos Gas-to-Liquid (EGTL) project is capable of fetching the Federal Government $2billion yearly.
The Minister of Information and Culture, Alhaji Lai Mohammed, has said revival of the nation’s cultural values is a panacea to some of the problems confronting the country due to moral decadence.
Alhaji Lai Mohammed, the Minister of Information and Culture, has said the revival of the nation’s cultural values is a panacea to some of the problems confronting the country due to moral decadence.
The Nigerian National Petroleum Corporation (NNPC) said it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV) respectively between July 2018 and July 2019.
The Nigerian National Petroleum Corporation, NNPC, Tuesday, disclosed that buyers of the divested assets of its Joint Venture, JV, partners have all failed to make meaningful impacts and contributions to the development of the assets, almost gently years after their sale.
The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV) has appealed to its host communities to continue to create the enabling environment for sustainable business growth.
The implementation of the proposed reduction of the federal government’s equity holding in the joint ventures in the oil industry is one of the priorities of the Minister of State for Petroleum Resources, Timipre Sylva.
Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202 million daily in revenue to activities of criminals in the Niger Delta.
The oil giant, whose operation was grounded by the Securities and Exchange Commission (SEC) when it laid siege to its head office with the police, weathered the storm and recorded a six per cent increase in revenue of N315.4 billion, from N297.3 billion, in comparative period of 2018.
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licenses (OML) and one Oil Prospecting Licence (OPL) belonging to five companies.
The Nigerian National Petroleum Corporation (NNPC), says it transferred N153.01 billion into the federation account in January.
The year 2019 continues to favor Oando PLC, Nigeria’s leading indigenous energy solutions provider. At the end of March the company published its FYE 2018 results with the announcement of a third consecutive year of profits. The company continues to wax strong posting results for the first quarter of 2019 (Q1
As the outbreak of Lassa Fever begins to raise concerns in various states in Nigeria, a lawmaker in Ekiti state house of assembly, Princess Teju Okuyiga has tasked Ekiti people on cleanliness, in a proactive move to prevent an attack.
Bayern Munich CEO Karl-Heinz Rummenigge has described Manuel Neuer as the "best goalkeeper the world has ever had", and hopes he will extend his stay at the club beyond 2021.
Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.
Roger Federer lives to win titles, but five-set thrillers like his epic against John Millman at the Australian Open are also a key reason why he is still playing aged 38.
The Akwa Ibom State Commissioner for Trade and Investment, Prince Ukpong Akpabio, has lamented that the opposition All Progressives Congress (APC) has hijacked election materials from most of the polling units in Essien Udim Local Government Area (LGA).
“Europe has been very, very tough to deal with,’’ Trump told U.S. broadcaster, CNBC at the World Economic Forum summit in the Swiss town of Davos, one day after meeting European Commission President Ursula von der Leyen there.
The National Drug Law Enforcement Agency (NDLEA), Murtala Muhammed International Airport (MMIA) Command, Lagos has said the frequently flown airlines by Nigerian drug traffickers in 2019 were Ethiopian and South African airways, both coming in and going out.
Real Madrid manager has welcomed back Eden Hazard to Los Blancos' training ground following his return from an injury.
Manchester United are lining up a £43m bid for Lyon forward Moussa Dembele, according to reports.
Jurgen Klopp is eager to add Real Madrid ace Isco to his Liverpool squad.