Nigeria defers 700,000bpd of crude oil due to pipeline vandalism

Nigeria defers 700,000bpd of crude oil due to pipeline vandalism

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that an average of 700,000bpd of crude oil was deferred in 2016 due to pipeline sabotage, saying this brought Nigeria’s production down to as...
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Nigeria reaffirms commitment to host African tourism Ministers

Nigeria reaffirms commitment to host African tourism Ministers

The Minister of Information and Culture, Alhaji Lai Mohammed, has reaffirmed Nigeria’s commitment to host African Tourism Ministers under the aegis of the UN World Tourism Organization (UNWTO) Commission on Africa (CAF) next year.   Addressing the 60th ...
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FG concessions Abuja, Lagos Airports

FG concessions Abuja, Lagos Airports

Describing partnership with the private sector as the “only sensible thing to do”, the Federal Government has approved the concessioning of the Murtala Muhammed Airport, Lagos and the Nnamdi Azikiwe Airport, Abuja.   Presiding over the 5th Presidential...
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Labour vows to embark on nationwide strike over promotion arrears

Labour vows to embark on nationwide strike over promotion arrears

Frustrated by false promises of Federal Government to pay promotion arrears, outstanding salaries, and other allowances owed Federal officers, organized Labour under the auspices of Association of Senior Civil Servants of Nigeria (ASCSN) has resolved to shut d...
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Minister seeks more support for creative industry

Minister seeks more support for creative industry

The Minister of Information and Culture, Alhaji Lai Mohammed, at the weekend visited the African Arts and Craft Expo in Abuja, during which he inspected all the pavilions of the Exhibitors from across the country and many African nations. The Minister, who.....
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WFE elects eight Directors

WFE elects eight Directors

At the 57th General Assembly in Bangkok on Thursday, the World Federation of Exchanges (WFE) elected eight Directors of the Board.​ ​The Directors of the Board are: 1.  Chairman Wu Qing, Shanghai Stock Exchange – Chairman, WFE (1-year term) 2....
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Buhari: Nigerians can live anywhere in the country without restrictions

Buhari: Nigerians can live anywhere in the country without restrictions

Every Nigerian has a right to live, work in any part of the country, irrespective of backgrounds, President Muhammadu Buhari has said.   Receiving the Governor of Katsina State, Alhaji Bello Aminu Masari on Saturday, at his country home as part of...
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Buhari congratulates Super Eagles

Buhari congratulates Super Eagles

President Muhammadu Buhari has congratulated Nigeria’s Super Eagles on Friday’s impressive win over the Indomitable Lions of Cameroon at the Godswill Akpabio International Stadium, Uyo, Akwa Ibom State.  A statement issued by Special Adviser to the Presid...
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FG unveils N5b funding support for artisanal, small scale miners

FG unveils N5b funding support for artisanal, small scale miners

The Ministry of Mines and steel Development has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BOI) for the management of a N5 billion fund in support of Artisanal and Small Scale Miners in the country. Under the...
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NNPC implores indigenous firms to bid for 30 marginal fields

NNPC implores indigenous firms to bid for 30 marginal fields

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NNPC unveils agenda to revitalize 52 clinics

NNPC unveils agenda to revitalize 52 clinics

As part of efforts to jump-start its diversification into the health care business, the Nigerian National Petroleum Corporation (NNPC) has requested a deeper collaboration with India in the area of expertise and state-of-the-art medical equipment to revitalize...
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Ayo Teriba seeks support for privatization scheme

Ayo Teriba seeks support for privatization scheme

A leading economist and the Chief Executive Officer of Economic Associates, Dr. Ayo Teriba, has called for the opening of the Nigerian  economy through privatisation which stimulates foreign direct investment(FDI.)  “Privatisation is the tool which most co...
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FG to NBC: Sanction erring stations

FG to NBC: Sanction erring stations

The Federal Government has directed the National Broadcasting Commission (NBC) to sanction any radio or television station that broadcasts hate speech, as part of efforts to stem the growing tide of hate speech in the country. The Minister of Information an...
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Court orders arrest of Oando’s oil rigs over N4.7 billion debt

Court orders arrest of Oando’s oil rigs over N4.7 billion debt

A Federal High Court sitting in Port Harcourt, Rivers State has ordered the arrest and detention of three crude oil drilling rigs belonging to Oando Energy Services Limited (also known as OES Energy Services Limited) over debts of US$15,399,524.84 (equivalent....
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