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Saturday, December 21, 2024

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NNPC Secures $3.15bn Financing Fund for NPDC

The Nigerian National Petroleum Corporation ( NNPC) has secured about S3.15 billion as alternative funding facility for its subsidiary, the National Petroleum Development Company...

We Are Ready To Do A Lot More To Grow Nigeria’s Economy – Osinbajo

A major feature of Nigeria’s economic response to the COVID-19 pandemic as indicated in the Economic Sustainability Plan currently being implemented, has been the...

Eni Ranked Tops on Corporate Human Rights Benchmark

Eni, the parent company of Nigerian Agip Oil Company (NAOC), has been ranked first, ex aequo with another company, among the 199 companies assessed...

Lagos Tankfarm Owners Kick Against Shut Down Threat

By John Meze The association of Ijegun-Egba Tankfarm and operators have kicked against the recent threat of shut down of their facility by the Lagos...

Ozigbo, Wike Bag People Of The Year Awards At Prestigious Business Hallmark Annual Honours

Valentine Ozigbo, the immediate past President and Group CEO of Transcorp Plc was on Sunday, November 22, 2020 named as a recipient of the...

Nigeria Records Lowest Oil Production in 4 Years

-      As Telecoms, Agric maintain lead in GDP Nigeria’s average daily oil production for the third quarter of 2020 (Q3 ’20) was 1.6 million barrels per...

Anambra Denies Receiving N25bn from FG

The Anambra state government has denied having received the sum of N25 billion from the Debt Management Office, Federal Ministry of Finance as well...

In Lagos, Roadside Block-Moulding Thrives Amid Cement Policy Violation

Despite guidelines against sub-standard materials in block making, Lagos roadside operators violate Nigeria’s Cement Grade Policy meant to curb incessant building collapse, writes SAMUEL...

Have budget for poor vulnerable people, cut recurrent expenditure, Agbakoba charges FG

In view of the economic challenges being experienced in the country, cerebral Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba has decried continuous neglect...

Senate Lauds NNPC on Gas Projects, Financial Audit Report

The Senate Committee on Gas has commended the Nigerian National Petroleum Corporation (NNPC) on the various gas development projects it has undertaken, especially the...

NNPC Restates Commitment to Growing Nation’s Hydrocarbon Reserves

By John Meze The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory...

Naira crashes to record low at black market as demand pressure intensifies

At the black market, the Naira depreciated against the dollar to close at N478/$ Forex turnover dropped by 44.13%, as Nigeria’s exchange rate at the NAFEX window...

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