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DPR outlines four cardinal focus for downstream operations

The Department of Petroleum Resources (DPR) says it has outlined four cardinal focus for downstream operations in its bid to continue to enable business and create opportunities in the oil and gas sector.
Mele Kyari,

Foreign investors losing confidence in Nigeria’s oil industry – NNPC chief

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil and gas industry.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

DPR generates N742.4 billion revenue in 8 months

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from January to August 2020.
The Nigeria Institute of Surveyor (NIS), Enugu State Chapter has resolved to reduce its fee for a plot of land in the state by N20, 000.

Nigerian surveyors call for improved funding for government agencies

The Surveyor General of the Federation, Mr Samuel Taiwo, said the surveyors made the call in a Communique issued at the end of the 54th Surveyor Coordination and Advisory Board on Survey Training and Conference on Friday in Abuja.

NCDMB: Nigeria saves $2 billion on LNG Train 7 through local content development

Nigeria has saved $2 billion on Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train 7 Project through the Nigerian Oil and Gas Industry Content Development (NOGICD) Act implementation.

Waltersmith to open 5,000-barrel a day capacity refinery in September

Waltersmith Petroman Oil Ltd., a Nigerian independent producer, will open a 5,000-barrel a day capacity modular refinery next month in Africa’s top crude producer that imports all of its refined-product needs.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE strengthens investor protection, upgrades X-Whistle

The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle.
Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave of investments by oil and gas companies in the Nigeria petroleum industry.

Total: PIB to drive new wave of investments in Nigeria’s oil industry

Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave of investments by oil and gas companies in the Nigeria petroleum industry.
Akwa Ibom State Governor Udom Emmanuel says it is unsafe to reopen schools in the state in view of the COVID-19 pandemic.

Governor Emmanuel demands petroleum depot in Akwa Ibom

Governor Udom Emmanuel of Akwa Ibom State has insisted that Akwa Ibom State sitting on 25% of Nigeria’s oil and gas reserve, deserves at least a petroleum depot to regig the state economy and open up job opportunities for the youths.
Economic and Financial Crimes Commission - EFCC.

Nigerian Army partners EFCC to end attacks on oil, gas pipelines in Rivers

The Nigerian Army says it is collaborating with the Economic Financial and Crimes Commission (EFCC) in Port Harcourt to end attacks on oil and gas pipelines in Rivers.
Melee Kyari

Mele Kyari: NNPC now EITI supporting company

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, says the corporation has become an Extractive Industries Transparency Initiative (EITI) supporting company.
Following last minute intervention by the Anambra government, members of Independent Petroleum Marketers of Nigeria (IPMAN) in the state, will now shutdown operations on Aug. 25, across the state.

IPMAN to shutdown operations in Anambra in solidarity with member

Following last minute intervention by the Anambra government, members of Independent Petroleum Marketers of Nigeria (IPMAN) in the state, will now shutdown operations on Aug. 25, across the state.
The Department of Petroleum Resources (DPR), Osogbo field Office, has sealed 15 Liquefied Petroleum Gas (LPG) skid stations for operating without valid licences.

Official: DPR to create opportunities to enable business in oil, gas industry

The Department of Petroleum Resources (DPR) has promised to use its regulatory framework to continue to create opportunities and enable businesses in the oil and gas industry.
The North-East Governors’ Forum (NEGF) has called on the Federal Government to deploy more state of the art military hard ware to the armed forces fighting the Boko Haram in the region.

Insecurity: Northeast governors advocate use of heavy artillery by police

Governors of North East are advocating the use of heavy artillery for the Nigeria Police to bridge the manpower deficit in the armed forces. This was contained in an 11-point communique issued by the North-East Governors’ Forum at the end of its second meeting held in Maiduguri, Borno State.
Hon. Abike Dabiri-Erewa, Chairman-CEO, Nigerians in Diaspora Commission (NiDCOM), has described the death of Dr Dapo Williams, a UK-based Nigerian, as an irreparable loss to his family, Nigeria and the UK communities.

Dapo William’s death great loss to Nigeria – NIDCOM chief

Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM), has described the death of Dr Dapo Williams, a UK-based Nigerian, as an irreparable loss to his family, Nigeria and the UK communities.
Pan-African investment company, Heirs Holdings has announced the appointment of Dan Okeke as Group Executive Director.

Heirs Holdings names new group executive director

Pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as Group Executive Director.
Petroleum dealers in Anambra have threatened to shut down operations in 21 days over alleged government multiple levies and indebtedness.

Petroleum dealers in Anambra threaten shutdown over multiple taxes, gives ultimatum

Petroleum dealers in Anambra have threatened to shut down operations in 21 days over alleged government multiple levies and indebtedness.
Member Representing Ajaokuta Federal Constituency, Idirissu Lawal, has called on the Federal Government to take urgent step towards the conduct of a reliable population census in the country for effective planning.

Firm petitions House of Reps over unpaid N70 million, $30 million debts

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.

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Kwara State Governor, Abdulrahman Abdulrazaq has imposed a 24-hour curfew on the State.

Kwara governor relaxes curfew from 8am to 6pm

Kwara State Governor, AbdulRahman AbdulRazaq, has reviewed the curfew on the people of Ilorin, the state capital from 24 hours to 12 hours.
As total coronavirus infections in Nigeria hit 24,077, the Nigeria Centre for Disease Control, NCDC has warned against abandoning face masks in favour of face shields.

Nigeria records 62 new virus infections, one death

The 62 new cases were reported from 11 states – Taraba (18), Ogun (15), FCT (6), Kaduna (6), Katsina (4), Ondo (4), Ekiti (3), Rivers (3), Kano (1), Osun (1), and Sokoto (1).
Local war epic Sacrifice topped the box office on its opening weekend (October 23-25) in China, according to figures from theatrical consultancy Artisan Gateway, grossing $53m in three days.

China box office: War epic ‘Sacrifice’ grosses $53m on opening weekend

Local war epic Sacrifice topped the box office on its opening weekend (October 23-25) in China, according to figures from theatrical consultancy Artisan Gateway, grossing $53m in three days.
#EndSARS protests

#EndSARS: Economy loses N54 billion daily under curfew – bank

At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown up against Nigeria’s struggling economy.
Ahmed Musa

Ahmed Musa leaves Saudi Arabia club Al Nassr

Super Eagles forward Ahmed Musa has left Saudi Arabia club Al Nassr after two years.