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An engineering company operating in the Oil and Gas sector under the aegis of DE COON Services Limited has petitioned the House of Representatives over several contracts scams and non-payment of the sums of over $30m and N70M owed it by Nigeria Agip Oil Company, NAOC.
The Department of Petroleum Resources (DPR) in Bauchi, has cautioned retailers against the circulation of substandard Base Oil (Lubricant) products.
Mr Emeka Okwuosa, Chairman Oilserv Ltd., says the Ajaokuta-Kaduna-Kano (AKK), gas pipeline project is commercially viable and can service its loan before the stipulated time frame.
Transactions rebounded on the Nigerian Stock Exchange (NSE) on Friday with the market capitalisation increasing by N107 billion, after days of bearish trend.
The Chairman, Kebbi State Emergency Management Agency (SEMA), Alhaji Sani Dododo, has advised residents to plant trees in their houses to avert the menace of windstorm.
The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday inched lower by N152 billion, amid sell pressure in 27 stocks.
Panic sell off continued on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation.
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a huge loss of N329 billion due to persistent fall in global oil price and rising cases of COVID-19.
The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
The market capitalisation of the Nigerian Stock Exchange on Friday sustained a positive trend, crossing to N13 trillion mark on the second trading day of 2020.
In addition to recording a profit in its Q3 financials in Ocotober, Oando’s management has received recognition from various reputable institutions in the country.
Oando Plc, an indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange has announced unaudited results for the nine months period ended September 30, 2019,(Q3’19) recoding Profit After Tax , PAT of N13.1 billion, an increase of 26 percent compared to N10.4 billion in the same period in 2018 (Q3’18).
The Nigerian National Petroleum Corporation, NNPC, yesterday, signed an agreement with Nigeria Agip Oil Company, NAOC, and Oando, for the transfer of NNPC’s stake in three oil wells, Oil Mining Lease, OML, 61, 62 and 63 to its upstream subsidiary, Nigerian Petroleum Development Company, NPDC.
President Donald Trump said Thursday he had heard Democratic vice-presidential running mate Kamala Harris was not eligible to serve, stoking a false claim echoing the baseless "birther" theory he promoted about Barack Obama.
President Muhammadu Buhari has approved that re-sit examination be conducted for 23 directors in the federal civil service with a view to appointing four among them as permanent secretaries.
The Nigeria Police, Bauchi State Command has confirmed the killing of a member representing Dass constituency, Musa Mante Baraza in the Bauchi State House of Assembly, by unknown gunmen.
A former Chairman of the Plateau chapter of the People’s Democratic Party (PDP), Mr Yakubu Chocho, and three others were on Thursday docked before Kasuwa Nama Upper Area Court I, Jos, over alleged criminal conspiracy, mischief and theft.
Spanish football expert Guillem Balague has suggested that the Catalan giants have been contacted about an unlikely approach for the legendary attacker.
The Department of Petroleum Resources (DPR) has reiterated its commitment to fast tracking full integration of the domestic gas market hubs into the Nigeria Gas Transportation Network Code (NGTNC) to ensure optimal impact in the country’s domestic gas market.
Former Nigeria President, Olusegun Obasanjo, says he doesn’t care what is said about him or how he is remembered, when he passes on.
Gov. Abdullahi Sule of Nasarawa says the Mobile Police Training School being built in the state would enhance security when completed.
Zamfara State Governor, Mr. Bello Matawalle, has accused politicians of being responsible for the insecurity challenges bedeviling the country.
The Commandant General, Nigeria Security and Civil Defence Corps (NSCDC), Mr Abdullahi Gana, said that 13 state commands of the corps have moved out of rented apartments into new permanent office structures built by the Corps.