Business and Economy
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NNPC restates commitment to growing nation’s hydrocarbon reserves
The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through…
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AMCON takes over Jimoh Ibrahim’s prime assets over N69.4billion debt
Following the order of Honourable Justice R.M. Aikawa of the Federal High Court, Lagos Division, the Asset Management Corporation of…
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Rock-bottom prices on offer as TD Africa hosts Garage sale on Friday
TD Africa, Sub-Saharan Africa’s foremost tech, lifestyle and solutions distributor, says it has put together unmatched deals and rock-bottom prices…
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National Assembly: Despite COVID-19, NIMASA’s budget performance laudable
The House of Representatives Committee on Maritime Safety, Education and Administration has given a thumps up to the budget implementation…
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Prof. Maurice Iwu, others speak at African Industrialization Week session
Former National Chairman of Nigeria’s Independent National Electoral Commission, INEC, and presently, President of Bioresources Development Group, BDG, Professor Maurice…
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Dangote wins again, emerges Most Valuable brand for 2020
For the third consecutive year, the pan-African and fully integrated Conglomerate, Dangote Group has again emerged as the Most Valuable…
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Nembe community gives Aiteo quit notice from OML 29; Says company is dead, buried, persona non grata
The Opu-Nembe community in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa and host to Aiteo Eastern Exploration and Production limited,…
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NNPC clarifies increase in PPMC Ex-Coastal, Ex-Depot price of PMS
The Nigerian National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting…
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Nigeria on the path of growth despite challenges – Senate President tells IMF
President of the Senate, Ahmad Lawan has expressed optimism that Nigerian economy is being steered on the path of growth…
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CITN underlines NIMASA’s critical role in economic development
The Chartered Institute of Taxation of Nigeria (CITN) has emphasised the pivotal role of the Nigerian Maritime Administration and Safety…
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FG to unveil Techno Oil Lagos LPG terminal, Nov. 18
By Solomon Asowata Lagos, Nov. 12, 2020 The Federal Government’s drive to stimulate job creation has started yielding dividends with…
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Border Closure: Bloomberg report on sole export exemption misleading
Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information…
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Konga Yakata 2020 guarantees best prices in Nigeria; Starts Wednesday 11/11
Konga Yakata, the Black Friday sales of Nigeria’s leading composite e-Commerce giant, Konga, is set to go live on Wednesday,…
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Attack on NPA Headquarters: Heads of Maritime Agencies in deep shock · Port facilities key to national economy – Jamoh · It’s assault on Maritime Industry – Hadiza
Heads of maritime agencies have expressed shock at the attack and level of destruction that took place at the corporate…
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NNPC boosts power generation by 2,538MW in August • Posts $139.50 million crude oil & gas export sales
The Nigerian National Petroleum Corporation (NNPC) has said that it supplied 727 Million Standard Cubic Feet per day (mmscfd) of…
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Mele Kyari, Bode, Roberts, Ihemaguba for Realnews 8th Anniversary Lecture
Lagos, Nigeria, November 5, 2020 Mele Kyari, group managing director of the Nigerian National Petroleum Corporation, NNPC, and Chris Bode,…
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Re-establishment of National Fleet imminent – Jamoh · Calls for sustainable National Shipping Line
Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has reaffirmed the Agency’s commitment to the…
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NNPC reports explosion in OML 40 facility managed by partners …Says no fatalities or injury
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at…
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EITI commends NNPC for transparency
By Edith Ike-Eboh Abuja, Nov. 2, 2020 The Extractive Industries Transparency Initiatives (EITI), has commended the Group Managing Director of…
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Air Peace receives another ERJ-145 from C-check
By Yunus Yusuf Ikeja, Nov. 3, 2020 The Management of Air Peace has announced the arrival of another aircraft ERJ-145…
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Economic diversification: Maritime to lead Nigeria out of oil dependency, says Jamoh
With many countries proposing ban on use of fossil fuels, and the world transitioning from oil, Dr. Bashir Jamoh says…
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House of Reps commends NNPC for strides in gas development
The House of Representatives Committee on Gas Resources has applauded the Mallam Mele Kyari-led Management team of the Nigerian National…
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DPR says 2020 marginal oilfield bid still on
By Solomon Asowata Lagos, Oct. 30, 2020 The Department of Petroleum Resources (DPR) says the bid round process for its…
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Ogah endorses Okonjo-Iweala for WTO D-G; America delays announcement of appointment
By Francisca Oluyole Abuja, Oct. 28 Dr Uchechukwu Ogah, the Minister of State, Mines and Steel Development, has endorsed Dr…
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CACOVID commenced distribution of palliatives to state Govts in June …10 million poor families in 774 LG targeted
Members of the private sector-led coalition against COVID-19 (CACOVID) have enjoined Nigerians who are involved in the wanton destruction of…
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