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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
The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the planned oil palm-based bio-diesel project.
The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion dollars in its existing stakes in offshore oil and gas operations in Nigeria.
The inability to pay June salaries of government workers is generating tension and agitation across the various states of the federation, the Nigeria Labour Congress has stated.
The Nigerian National Petroleum Corporation and the Department of Petroleum Resources might be heading for a showdown over the actual litres of refined petrol the nation consumes daily.
The Governor of Bayelsa State, Henry Seriake Dickson, on Thursday picked holes on the position of President Muhammadu Buhari on the agitation for the restructuring of Nigeria, describing it as threat to national security.
A Senior Advocate of Nigeria (SAN) and human rights activist, Mr. Femi Falana, has accused the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, of insubordination, following his refusal to comply with the directive of the Minister of State for Petroleum Resources, Dr. Ibe Kachukwu, to supply the information requested by Falana pertaining to the importation of fuel into the country.
The Nigerian National Petroleum Corporation (NNPC), has commended the Nigeria LNG Limited (NLNG) on its successful repayment of 5.45 billion dollars (N1.98 trillion) loan on Train 1 to 6 investments.
Kaduna State on Wednesday emerged winner of the Nigerian National Petroleum Corporation (NNPC) North West Zonal National Science Quiz Competition.
The monthly Federation Account Allocation Committee (FAAC) meeting has again ended in a stalemate as Federal and state governments reject the revenue figures submitted by NNPC for May.
The Nigerian National Petroleum Corporation (NNPC), says it will collaborate with its joint venture partners to increase domestic gas availability from 1.5 bscf/d to about five billion standard cubic feet per day by 2020.
The Nigerian National Petroleum Corporation (NNPC) says it will deliver about 3.4 billion standard cubic feet per day (bscfd) of domestic gas daily by 2020 to bridged the current shortfall.
Winners have emerged in the 2018 National Science Quiz organised by the Nigerian National Petroleum Corporation (NNPC) for the South West Geo-political zone.
The minister stated this when he received a delegation from the Africa-Asia Rural Development Organisation (AARDO) led by Secretary General of the Organisation, Eng. Wassfi Hassan El Sreihin in his office in Abuja.
The Federal Government said that electricity generation from hydro sources could reach 19,000 megawatts if fully harnessed.
President Donald Trump found himself isolated and under pressure to reverse course Tuesday after publicly challenging the US intelligence conclusion that Russia meddled in the 2016 election during his face-to-face with Vladimir Putin.
The Chairman of the Bayelsa State Board of Internal Revenue (BIR), Ayawei Nimbofa, has attributed the rise in Bayelsa’s monthly internally generated revenue above N1billion mark to deployment of electronic collection system.
Former US president Barack Obama on Tuesday singled out the African heritage of many players in France’s World Cup-winning football team in a speech paying tribute to Nelson Mandela.
A mother and her son, who allegedly used knife to inflict injures on co-tenant during a fight, were on Tuesday brought before an Ikeja Magistrates’ Court, Lagos State.
The Muslim Rights Concern (MURIC) has advised Nigerians to stop blaming President Muhammadu Buhari for killings around the country.
Nigeria Ambassador to the Netherlands, Oji Ngofa, on Sunday, urged the Dutch Embassy to resume issuance of Schengen Visas in Abuja to consolidate the increasing trade relations between Nigeria and Netherlands.
President of the Senate, Dr. Abubakar Bukola Saraki, has congratulated the Governor-elect of Ekiti State, Dr. Kayode Fayemi, on his victory in the just-concluded Ekiti gubernatorial election.
The Federal Inland Revenue Service has announced that it realised a total of N2.5 trillion (N2,529,615,174,601.25) from various taxes from January to June 2018.