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Nigeria Agip Oil Company

Federal government wants Agip to partake in Niger Delta remediation

The federal government has solicited the support of Nigeria Agip Oil Company (NAOC) in its current remediation (NAOC) efforts in the Niger Delta region, noting that such activities were hamstrung by paucity of funds.

Court fixes date to deliver judgment in Jones Abiri’s N200 million suit against DSS

Justice Nnamdi Dimgba of the Abuja division of the Federal High Court will, on September 13, 2018, deliver judgment in the N200 million fundamental enforcement rights suit instituted by the recently released journalist, Jones Abiri, against the Department of State Services (DSS).

Oando records N8.5 billion PAT in H1 2018

Oando continues to defy skeptics as the company recorded N8.5 billion profit-after-tax (PAT) in its half-year ended June 30, 2018 (H1 2018) results. The impressive result comes in the wake of increase in the price of oil and gas commodities.

Oando: We are not a party to London arbitration

Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million

Niger Delta group announces planned attacks on Agip oil facilities

The Niger Delta Activists Forum (NDAF) has warned of planned attacks on oil facilities in the Niger Delta belonging to Nigeria Agip Oil Company (NAOC).

Senate to investigate NNPC, IOCs’ alleged boycott of Nigeria pipe manufacturer

The Senate Committee on Local Content says the Senate will investigate the alleged non-patronage of a multi-million dollar internationally certified Nigerian pipe manufacturing and coating company, SCC Nigeria Limited, by NIgerian National Petroleum Corporation (NNPC) and International Oil Companies (IOCs).

NNPC, Agip moves to add 500MW of power to national grid

The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture (JV) Partner, Nigeria Agip Oil Company (NAOC) ltd., have pledged commitment to implement Okpai Phase 2 project to increase electricity generation with 500 MegaWatts (MW) .

Federal government initiates contingency plan to check oil spill

The Federal Government has initiated a National Oil Spill Contingency Plan (NOSCP) for cleanup and remediation of impacted oil spill sites in the country, an official said.

Bayelsa govt begs Agip to help resuscitate rice farms

The Bayelsa State Government has appealed to the Nigeria Agip Oil Company (NAOC) to help resuscitate the moribund rice farms in the state.

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National Assembly

National Assembly comes alive as lawmakers resume plenary

The National Assembly came alive again on Tuesday following resumption of plenary by the lawmakers.

David Moyes: Jose Mourinho has backing of Manchester United fans and club

Former Manchester United manager David Moyes believes Jose Mourinho retains the full backing of the club and their supporters despite a poor start to the Premier League season.
(FILES) In this file photo taken on April 19, 2015 Guatemala's Vice-President Roxana Baldetti offers a press conference at the presidential residence in Guatemala City. On October 9, 2018 a Guatemalan court condemned former Guatemalan vice president (2012-2015) Roxana Baldetti, who was in preventive detention since 2015, to a 15 years and six months prison term, for illicit association, influence peddling and fraud. / AFP PHOTO / Johan ORDONEZ

Former Guatemalan vice president sentenced to prison for fraud

A Guatemalan court sentenced former vice president Roxana Baldetti to 15 years and six months in prison Tuesday after finding her guilty of fraud in the awarding of a multi-million dollar government contract to decontaminate a lake near the capital.

Afenifere faults Bola Tinubu’s proposal on herdsmen

Pan-Yoruba socio-political organisation, Afenifere, has disagreed with former Lagos State governor and national leader of the ruling All Progressives Congress (APC), Senator Bola Tinubu, over his call for the conversion of unused land to grazing reserves as a way of resolving herdsmen violence.

Oil trader remanded over alleged $149,950 fraud

An Ikeja Special Offences Court on Tuesday remanded an oil trader, Barnabas Akojie, at the Ikoyi Prisons in Lagos, following his arraignment for allegedly defrauding a business partner of $149,950.