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The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday, accused Federal Government’s agencies in the mining and oil and gas industries of frustrating national planning, natural resource governance and public finance management.
Ongoing efforts by the Nigerian National Petroleum Corporation (NNPC) to provide qualitative healthcare services to Nigerians in all walks of life received a major boost over the weekend with the formal accreditation of the NNPC Health Maintenance Organization (HMO) by the National Health Insurance Scheme (NHIS).
The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested over $16 billion in Nigeria’s oil industry and described the country’s one of its largest investment destinations.
The Edo State Commissioner for Minerals, Oil and Gas, Hon. Joseph Ikpea, has assured of reforms that will reposition the ministry for optimal service delivery, suing for support from ministry officials for a successful tenure as commissioner.
Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and as rising U.S. output helped keep the market well supplied.
Senator Ifeanyi Ubah, Young Progressives Party, YPP, yesterday said that the task ahead of the newly announced standing Committees by Senate President, Senator Ahmad Lawan, is enormous.
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.
Oil prices rose more than one dollar a barrel on Monday after Saudi Arabia, Russia and Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting in Vienna.
Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East.
Presidential Amnesty Programme (PAP) has empowered 2,187 already trained beneficiaries in small and medium scale business enterprises.The beneficiaries are spread across Rivers, Bayelsa, Delta, Akwa Ibom, Ondo, Edo, Cross River, Abia and Imo states.
Iran's atomic energy agency has said the country plans to quadruple production of low-level enriched uranium and will reach the limit of the stockpile allowed under the nuclear deal within days.
Ahead of Eid-el-Fitr celebration, prices of rice and vegetable oil have remained stable in major markets in Enugu metropolis.
In unprecedented scenes in Khartoum, hundreds of workers in suits and ties alongside their neatly dressed women colleagues have gone on strike to protest what they call Sudan’s “total economic collapse”.
The Nigerian Stock Exchange (NSE) market indices shed 0.21 per cent due to loses in some blue chips.
The Men’s senior National Basketball Team will tonight leave for China for the final phase of their 2019 FIBA World Cup preparations.
President Muhammadu Buhari on Tuesday told incoming ministers that all requests for meetings with him should pass through his chief of staff, Abba Kyari.
The Chief of Army Staff, Lt.-Gen. Tukur Buratai, has expressed the readiness of Nigerian Army to enhance local capacity in providing logistics for its operations.
A Federal High Court in Lagos has declined to order the release of SaharaReporters publisher, Omoyele Sowore, and other persons in connection with the August 5, #RevolutionNow protest.
The Speaker of the House of Representatives, Femi Gbajabiamila, Thursday described the two Lagos Port Complexes of Apapa and TinCan Island as “overwhelmed and attained breaking points.”
A double-digit investment in the agricultural sector backed by a vibrant rural infrastructural network will help states in Nigeria to accelerate the transformation of agriculture, says Nteranya Sanginga, Director General of the International Institute of Tropical Agriculture (IITA).
A Senator representing Delta North senatorial district, Peter Nwaoboshi, as prayed a Federal High Court in Abuja to set aside its orders freezing his accounts in four banks.
The naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos.
Victims of the 2001 military invasion in Benue State are to pocket N8billion as compensation for the various degrees of losses during the deadly attacks that took place about 18 years ago.