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An oil and gas E&P company with a focus on Nigeria and West Africa, Lekoil, yesterday maintained that a letter written by Optimum Petroleum Development Company, operator of the Oil Prospecting Licence (OPL) 310, proposing to terminate the Cost and Revenue Sharing Agreement (CRSA) executed for the facility, remains invalid.
Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters.
The code also contains the Antitrust provision aimed at boosting local content and local industry due to laws prohibiting exclusive use of rights by broadcasters who, according to the minister, intend to create monopolies and hold the entire market to themselves.
The Kebbi State Government says it has set in motion machinery to provide material support and training to fish farmers to improve production of fish for domestic and export purposes.
A capital market operator, Mr Godwin Anono, says the World Bank loan of $750million to fix energy challenges in the country will unlock the country’s economic growth.
Lekoil said it has reached an agreement with Optimum Petroleum Development Company, the Operator of the OPL 310 License, on deferring the final tranche of payment of US$7.6 million due on or before 2 May 2020.
Liverpool striker Sadio Mane has praised manager Juergen Klopp for his positivity as the club’s players sit idle with the Premier League on hold and the team facing the prospect of missing out on a first championship triumph in 30 years.
The National Youth Council of Nigeria (NYCN) has commended President Muhammadu Buhari for bestowing an additional honour on late Chief M.K.O Abiola by renaming the National Stadium Abuja after him.
The task force said the Ministry of Aviation and its relevant agencies have been mandated to take the necessary reciprocal measures as may be permissible under the laws and other international obligations expected to be discharged against Emirates airlines operating from the UAE and other airlines from The Netherlands.
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win.
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent.
Liverpool manager Jurgen Klopp hopes a change of competition will give his side a break from their wretched Premier League form that has put their chances of a top-four finish in jeopardy.
Femi Gbajabiamila, Speaker, House of Representatives, has commended Nigerian health workers for being the major contributors to the success in the COVID-19 fight.
The Economic and Financial Crimes Commission, EFCC, has observed the increasing number of messages published in the print media by groups and individuals, congratulating Mr. Abdulrasheed Bawa on his well-deserved appointment as the Executive Chairman of the Commission.
The Kaduna State Government said troops of Operation Thunder Strike (OPTS) have killed four bandits and recovered three rifles in Chikun Local Government Area of the state.
“Alhamdulillah! It gladdens my heart to announce the release of the abducted students of GGSS Jangebe from captivity. This follows the scaling of several hurdles laid against our efforts. I enjoin all well-meaning Nigerians to rejoice with us as our daughters are now safe,”, Mutawalle tweeted to announce the release of the schoolgirls Tuesday morning.
Following the incessant border clashes between Ariam communities in Ikwuano council area of Abia State and their counterparts in Ini and Obot Akara councils of Akwa Ibom State, the Abia state government has tasked the National Boundary Commission, NBC, to urgently delineate the boundary between the two states.