Ndu Ughamadu, Spokesperson for the Nigeria National Petroleum Corporation (NNPC), says its pipelines were breached 106 times in June, an increase from 60 vandalised points in May. He said this in a statement Sunday, as the corporation released its 47th monthly…
Following the recent swearing-in of new ministers by President Muhammadu Buhari, capital market operators have asked the new ministers to save the country’s economy from collapse. Sola Oni, chief executive officer, Sofunix Investments and communications tasked the ministers to immediately…
...According to the report, an estimated seven million litres is being smuggled to neighbouring African countries, Guardian Nigeria reports while 45 million litres are eventually circulated within the country.
15 oil companies have been selected by the Nigerian National Petroleum Corporation (NNPC) to do the lifting of oil for Nigeria for 2019 NNPC released the list of 15 companies on Sunday after screening 132 local and international firms that submitted…
After several hours of uncertainties by some passengers of British Airways from London and Lagos, it has been confirmed that the airline has eventually cancelled its Lagos bound flight. The cancelation also affected its Lagos-Heathrow flight with some of the…
The Union Bank has begun the process of receiving entries into its 2019 edTech Challenge which aims at boosting the education sector through innovative, technology-driven ideas. The programme is open to students, teachers, developers, designers and fintech or a player…
“We are consuming about 6 to 7 million metric tonnes of head rice meaning we need 12 to 14 million metric tonnes paddy. With our growing population, we must be aiming at producing 15 to 20 million metric tonnes of…
Ernest Ndukwe, pioneer head of the Nigeria Communications Commission, (NCC), will from September 2 2019, replace Pascal Dozie as the chairman of MTN Nigeria Communications LTD. Dozie leaves the corporation which he began heading from its inception in 2001, alongside…
Mele Kyari, group managing director of the Nigeria National Petroleum Corporation (NNPC), urged Eni’s Nigerian subsidiary Agip, to finish phase 1 of the refurbishment of the Port Harcourt refinery at the scheduled month of October. He impressed this on the…
The Monetary Policy Committee of the Central Bank of Nigeria has left its Monetary Policy Rate unchanged at 13.5 per cent as at Tuesday, July 23, 2019. The committee made this known at the end of a two-day meeting held…
