Business and Economy
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UTM Offshore, Afreximbank sign $2bn MoU for Nigeria’s first floating LNG project
By Solomon Asowata Lagos, Dec. 8, 2021 UTM Offshore and the African Export-Import Bank (Afreximbank) have signed a MoU to…
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Chevron Nigeria Limited – 60 Years of partnering with Nigeria for socio-economic development
On December 1, 2021, Chevron Nigeria Limited (“CNL”), operator of the joint venture with the Nigerian National Petroleum Company Limited,…
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Traders send SOS to CBN over multiple charges/deductions by commercial banks; Commend Emefiele
By Stanley Nwanosike Enugu, Dec. 6, 2021 The South East Amalgamated Markets Traders Association (SEAMATA), has sent a “Save Our…
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FROM TAKING IT WITH CONSENT TO HACKING IT WITH CONTEMPT OUTSIDE THE BOX BY ALEX OTTI
Email:alexottiofr@gmail.com “If you lay with a scorpion, don’t be surprised when it finally stings you.” ―DaShanne Stokes One fateful day,…
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Air Peace begins scheduled flights into Anambra
By Yunus Yusuf Ikeja, Dec. 5, 2021 Nigeria’s leading airline, Air Peace, begins scheduled flights into Anambra on Tuesday. Its…
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Badagry expressway gets N15bn NNPC tax credit boost
By Grace Alegba Lagos, Dec. 5, 2021 The Agbara-Seme border section of Lagos-Badagry expressway project will receive N15 billion of…
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Joint Investigative Visit will unravel cause, volume of Aiteo’s spilled crude – NOSDRA
By Nathan Nwakamma Yenagoa, Dec. 4, 2021 The National Oil Spills Detection and Response Agency (NOSDRA) has dismissed as “guess…
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The Ikoyi Building Collapse, Insurance and Matters Arising By Paschal Emeka Egerue
The world today is in turmoil through a combination of climatic and social tensions. Life and property are consequentially exposed…
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e-Naira: CBN assures effective technology to check hackers, fraudsters
By Zubairu Idris Kano, Dec. 1, 2021 The Central Bank of Nigeria (CBN), has assured that it has put in…
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Local content in oil and gas industry has grown tremendously – Shell MD
By Nathan Nwakamma Yenagoa, Dec. 1, 2021 The Managing Director, Shell Petroleum Development Company (SPDC), Mr Osagie Okunbor, on Tuesday…
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FirstBank, others partner to reposition non-oil export for economic growth
By Itohan Abara-Laserian Lagos, Nov. 30, 2021 First Bank Nigeria Ltd. says it will leverage its vast experience in supporting…
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FirstBank moves to explore opportunities in non-oil export
By Itohan Abara-Laserian Lagos, Nov. 29, 2021 First Bank of Nigeria Ltd has announced plans to explore opportunities in the…
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Nigerian Content Development: Chevron’s Success Story
The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. Nigerian Content (“NC”) development…
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Amnesty Programme, NNPC unite tackle vandalism to sustain peace in Niger Delta
The Presidential Amnesty Programme (PAP) and the Nigerian National Petroleum Corporation (NNPC) have agreed to tackle pipeline vandalism, unemployment and…
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FAAN suspends Airport officials for allegedly extorting passenger
By Yunus Yusuf Lagos, Nov. 27, 2021 The Federal Airports Authority of Nigeria (FAAN) says it has suspended some officials…
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NiDCOM, NIDO Russia call for diaspora Investment
Abuja, Nov. 25, 2021: Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NiDCOM) has applauded NIDO Russia for facilitating investment…
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FG pledges to tackle oil spillage in Bayelsa
By Emmanuella Anokam Abuja, Nov. 24, 2021 Chief Timipre Sylva, Minister of State for Petroleum Resources on Wednesday said the oil…
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Oil spill: Aiteo team visits Opu-Nembe community; Delivers palliatives
Following the oil spill from one of its facilities in Bayelsa State, Aiteo, an indigenous oil company has rushed over…
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Emefiele urges FG to prioritise investment in infrastructure to boost economy
By Kadiri Abdulrahman Abuja, Nov. 24, 2021 The Central Bank of Nigeria (CBN) has urged the Federal Government to prioritise…
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TD Plus offers free after-sales support to customers
Nigeria’s leading after-sales service provider, TD Plus has flagged off a campaign, offering free device support to all customers. This…
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Lawan gives Appropriations C’ttee Wednesday deadline to conclude budget defense
President of the Senate, Ahmad Lawan, has given the Committee on Appropriations till Wednesday this week to conclude budget defense…
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LPG expansion: FG to inject 10 million gas cylinders in 12 pilot states – Osinbajo
By Ifeanyi Olannye Asaba, Nov 22, 2021 The Vice President, Prof. Yemi Osinbajo, has said that the Federal Government plans…
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Zenith Bank heralds Yuletide Season with Ajose Adeogun Street light-up
The yuletide season has come to life in Lagos with the 2021 Zenith Bank Christmas Light-Up Ceremony, which held at…
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We are seeking international expertise to halt Nembe Spill, we suspect Sabotage says Aiteo
Aiteo Eastern Exploration and Production says it is seeking foreign technical expertise to halt the ongoing Nov 5 oil leak…
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