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The long closure of the Enugu depot of Nigerian National Petroleum Corporation, NNPC, is no doubt hitting hard on oil marketers in the South East who now source their products from far distances with the attendant risks involved.
Amazon CEO Jeff Bezos has pledged $10 billion to a new fund to tackle climate change but activists have urged the world’s richest man to first clean up the e-commerce giant’s own lacklustre environmental record.
There are indications that Nigeria may lose $2.7 billion revenue from three deep offshore fields due to changes in tax and royalty laws as well as other uncertainties in the petroleum industry.
The two awards to CNL are – the “Award for Excellence in Environmental Sustainability and Stewardship” and “Award for the Best Exhibition Booth at NIPS 2019”. CNL’s Chairman and Managing Director, Jeff Ewing, received the two awards on behalf of the company.
Minister of State for Petroleum, Chief Timipre Sylva, has lauded oil and gas giant, Chevron Nigeria Ltd, for its immense contributions to the growth and development of the oil and gas sector in Nigeria.
Former Group Executive Director of the Nigeria National Petroleum Corporation (NNPC), Mr Chris Ogiemwonyi, has rolled out his nine-point agenda that would serve as major pillars of development blue print if elected as next Governor of Edo.
Director-General of the Bureau for Public Enterprise, BPE, Mr Alex Okoh, has said that efforts were on to resolve the lingering legal tussle over the Aluminium Smelting Company of Nigeria, ALSCON, Ikot-Abasi, Akwa Ibom State in order to revamp the firm.
The Nigerian Immigration Service (NIS), says a new Nigerian Visa Policy (NVP) aimed at expanding Visa classes from six to 79 is in prospect and awaiting approval by President Muhammadu Buhari.
Imo State governor, Hope Uzodinma, yesterday announced that he has forfeited his security vote to enable him meet up with the economic challenges in Imo, especially the payment of salaries and pension in the state.
The Delta State government has placed an embargo on any form of protest by youths and folks from communities to any oil firm operating in the oil and gas-rich state.
A team of Nigerian media professionals have launched (DEMS Volunteers’), with a view of leading nationwide awareness and campaigns on Digital Economy.
Africa’s wealthiest man, Alhaji Aliko Dangote ended 2019 with a total worth of $14.8 billion, representing an increase of $4.3 billion from the $10.3 billion recorded in 2018, according to Bloomberg’s Billionaires Index released recently.
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019.
Lekoil, the oil and gas exploration and production company with a focus on Nigeria and other West African nations has secured $184 million to finance the appraisal drilling and initial development programme activities on the Ogo field within Oil Prospecting Lease, OPL 310.
The All Progressives Congress (APC) has said that the President Muhammadu Buhari led APC government in the country was working hard to send more looters of the nation’s commonwealth to jail and recover the wealth illegally acquired from them.
Neymar has criticised Paris Saint-Germain’s handling of his recent injury after scoring in the 2-1 defeat at Borussia Dortmund, which leaves the French club facing the prospect of another early Champions League exit.
The study suggested other countries – among them Nigeria, Ethiopia, Sudan, Angola, Tanzania, Ghana and Kenya – would all need support with detecting and handling imported cases of the coronavirus.
That lawsuit went to trial in a San Francisco court on Tuesday, and the crux of the case is a 2010 deal between Facebook and an Irish subsidiary it uses to shuffle money around internationally. The IRS alleges Facebook undervalued the intellectual property it sold to the subsidiary, thereby dodging billions in taxes.
Lionel Messi, in an interview with Mundo Deportivo, has spoken publicly for the first time since reports emerged that Barcelona hired PR firm I3 Ventures for their social media channels which were aimed at tarnishing the images of Gerard Piqué, Messi himself and others associated with the club.
The Buhari Media Organisation (BMO), says President Muhammadu Buhari is “fully in charge of critical affairs of government” in the country
The Nigeria Centre for Disease Control said on Saturday that five travellers from China tested negative to Coronavirus also known as COVID19.
The Buhari Media Organisation says the administration of President Muhammadu Buhari will not implement policies that will affect the existence of the poor while raising revenue to fund the nation’s infrastructure projects.
Former Nigeria Professional Football League top scorer Mfon Udoh has revealed that he is adapting to my new American club FC Tulsa in the United Soccer League.
The insurgents raided Kwarangulum and Ntsiha, two remote but volatile communities about five or six kilometres to Chibok on Tuesday night.
Senate President Ahmad Lawan has called on the nation’s heads of security agencies to tighten security at the National Assembly to avert any security breach.