NNPC
NNPC: China, Sinosure to finance $2.6 billion AKK gas pipeline
The Nigerian National Petroleum Corporation (NNPC), Monday, disclosed that financing for the Ajaokuta-Kaduna-Kano (AKK) gas pipeline would be provided by China and Sinosure.
Senator Alex Kadiri: Asiwaju Tinubu, Comrade Oshiomhole pose threat to APC
Former Senator who represented Kogi East Senatorial District and a chieftain of the ruling All Progressives Congress, Dr. Alex Usman Kadiri has said the duo of Ahmed Bola Tinubu and Comrade Adams Oshiomole are major threats to the party in Nigeria.
DPR seals petrol station over pump price violation in Yola
The Department of Petroleum Resources (DPR) has sealed a filling station in Yola for allegedly violating the Federal Government new petroleum pump price directive.
Nigeria loses $48 million to oil theft between January to June
This was revealed by the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, who spoke in Abuja, saying the Federal Government requires $2billion to replace obsolete pipelines from Excravos to Kaduna.
Mele Kyari: NNPC mulls growing nation’s reserve to 40 billion barrels by 2023
The Nigerian National Petroleum Corporation (NNPC) says its target to grow the nation’s reserve to 40 billion barrels by the year 2023.
Daily fuel consumption unknown – NNPC chief
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says the organisation does not know the exact litres of oil being consumed in the country per day.
Nigeria improves in US fiscal transparency assessment
The United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements in 2019.
Senator: NNPC’s audit report underscores readiness for transparency
Sen. Bassey Akpan, Chairman, Senate Committee on Petroleum Upstream, says the published Audited Financial Statement of the Nigerian National Petroleum Corporation (NNPC) is an indication of its readiness to ensure transparency in its operations.
ACUF: Nigeria’s economic sustainability plan bold step but not feasible
The ACUF Board Chairman, Dr Chiwuike Uba, who stated this in a statement on Tuesday, commended the Federal Government for conceptualising a policy response needed to jumpstart Nigeria’s economy after COVID-19 pandemic.
Court martial finds General Hakeem Otiki guilty, orders his dismissal from service
The General Court Martial set up by the Nigerian Army to try the General Officer Commanding 8 division, Sokoto Major Gen Hakeem Oladapo Otiki has found the senior officer guilty on all five counts and ordered his dismissal from service with disgrace and dishonour.
Mele Kyari: Nigeria’s daily oil output overfull OPEC+ deal
Nigeria’s current daily oil production overcomplies with its promised cuts under an agreement among major oil producers, the head of the state oil company said on Friday.
IGP ignores Aisha Buhari’s outcry, refuses to release detained aides
Two days after the aides of the Wife of the President, Aisha Buhari, were arrested for allegedly using firearms in the Presidential Villa, the First Lady’s security aides have not been released despite her outcry.
Senate, NNPC clash over crude oil production cost
The Senate Committee on Finance on Monday rejected the revenue targets projected for the various revenue-generating agencies in the country to fund the Revised 2020 Budget, describing their proposed sums as grossly inadequate.
Akwa Ibom elders accuse President Buhari of corruption, nepotist
Akwa Ibom leaders, under the umbrella body of Akwa Ibom Leaders Vanguard, on Monday blasted President Muhammadu Buhari over alleged perceived corruption, nepotism and frequent abuse of constitution in his government.
Senate calls for quick diversification of economy, frowns against high cost of oil production
The upper chamber of the National Assembly has called on the federal government to quickly diversify the economy, following the high cost of oil production without commensurate result.
IPMAN mourns Maikanti Baru, condoles family, NNPC management
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano chapter, has commiserated with the Management of Nigeria National Petroleum Corporation (NNPC) over the death of its immediate past Group Managing Director, Dr Maikanti Baru.
Northern governors devastated with former NNPC chief’s demise
The Northern Governors’ Forum said it is shocked and devastated over the death of former Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Kachalla Baru.
Former NNPC chief Maikanti Baru passes on
The immediate past Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, is dead.
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Ray Hushpuppi faces 20 years in US prison
The United States Department of Justice, Central District of California, Friday said Ramon Olorunwa Abbas, 37, popularly known as Hushpuppi on Social Media, made a court appearance in Chicago Friday, and will be transferred to Los Angeles, where his trial for conspiring to launder hundreds of millions of dollars in cybercrime proceeds would begin in the coming weeks.
IGP orders redeployment of 10 AIGs, CPs
The Inspector-General of Police, Mohammed Adamu, has ordered the posting and redeployment of some senior officers in the Force.
FBI: Hushpuppi attempted to dupe Premier League club of £100 million
Alleged international fraudster, Ramon Abbas aka Ray Hushpuppi, on Friday made his first court appearance in an American court where the Federal Bureau of Investigation alleged that he attempted to dupe an English Premier League football club of £100m (N48.4bn).
BBNaija new housemates in isolation ahead of show’s premier
Organisers of the reality show, Big Brother Naija, say all new members of the show are currently in isolation ahead of the July 19, 2020 premier of Season 5.
FCE Osiele shuts down after a health worker dies of coronavirus
The management of the Federal College of Education , Osiele, Abeokuta has shut down the institution for two weeks after a medical personnel at the school’s health centre died as a result of complications arising from coronavirus.
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Kanye West partners Nigerian designer
American rapper, Kanye West, announces partnership with Nigerian designer Mowalola Ogunlesi as the director of ‘Yeezy Gap’.
Cuba partially reopens borders to international tourists
Cuba on Wednesday partially reopened its borders to international tourists in keeping with measures adopted by the government as part of the country’s post–pandemic recovery plan.
Private labs take over coronavirus testing in Lagos
Lagos State Government has announced the take over of COVID-19 testing by a consortium of health professionals and private laboratories.
Lyft resumes autonomous vehicle testing on public roads
Roughly three months after the pandemic halted its autonomous vehicle tests, Lyft today announced its safety operators will resume driving a portion of its cars on public roads. An employee-only autonomous ride-hailing pilot in Palo Alto remains on pause. But in a blog post, Lyft director of product Sameer Qureshi and director of engineering Robert Morgan characterized road testing as a “critical” part of Lyft’s driverless systems development.
Money laundering I never met with Mompha – witness
An Economic and Financial Crimes Commission (EFCC) prosecution witness, Abiodun Audu, in the ongoing trial of internet celebrity, Ismaila Mustapha, also known as Mompha, yesterday denied ever meeting him in the course of filing his company’s tax return.