Nigeria is about losing one of its major oil customers, India, as the world’s third-largest oil importer has found a new market in cheap crude oil supplies from Iraq, according to a report yesterday by Reuters. Also after nine years of using the persuasive approach and warnings to compel oil and gas industry stakeholders to […]
The Nigerian Communications Commission has read the riot act to telecom service providers, asking them to improve their quality of service or face regulatory sanctions. The Executive Vice-Chairman of the commission, Prof. Umar Danbatta, gave the warning on Friday at the NCC Day of the Abuja International Trade Fair. A statement on Sunday by the […]
Nigeria’s Rivers state has purchased Royal Dutch Shell’s stake in an oil mining licence in the restive Ogoniland region, the state’s governor, Nyesom Wke said on Monday. The license, OML 11, has been undeveloped for nearly 25 years, since the execution of regional activist Ken Saro-Wiwa under the military government of Sani Abacha. Reuters Pix: […]
The Nigerian government says it is determined to continue to extract over 35,000 barrels per day of crude oil output lost to a community dispute in the Niger Delta region. A dispute between Nigerian National Petroleum Corporation(NNPC) Joint Venture partner, Shell Petroleum Development Company (SPDC), Belema Oil and communities around oil mining lease (OML) 25 […]
Following the power tussle between the Nigeria Police Force and the Police Service Commission (PSC) over the recruitment of 10,000 constables approved by President Mohammadu Buhari, the commission has dragged the Inspector-General of Police (IGP), Adamu Mohammed, to court. The PSC has also suspended all promotion exercises in the Police. The promotion of the Lagos […]
There are strong indications that a huge chunk of the $7bn reserves which the Central Bank of Nigeria under a former Governor Charles Soludo gave to 14 banks had yet to be repaid 13 years after it was collected. The CBN had in 2006 apportioned $7bn out of the nation’s external reserves, which stood at […]
The Federal Government has said it has blocked a total of 2,277,311 improperly registered telephone lines.The development followed a directive issued to the Nigeria Communications Commission by the Minister of Communications, Dr Isa Pantami. Pantami had ordered the NCC to compel service providers to block all unregistered and improperly registered SIM cards, pending when their […]
Abuja Fish farmers under the auspices of Fisheries Cooperative Federation of Nigeria, FCFN, at the weekend says Nigeria needs no fish importation because they have all it takes to meet fish demand in the country. This was stated by the National President, FCFN, Anthony Asgagye, in an interview with Vanguard in Abuja, while reacting to […]
Nigerian pair Divine Oduduru and Blessing Okagbare have been reprieved after an apparent bureaucratic mixup and will race in the men’s and women’s 200 metres races respectively at the world athletics championships. The pair were both entered in the 100 metres even though they had said they did not intend to take part. Under IAAF […]
Nigerians in the diaspora on the platform of the Global Coalition for Security and Democracy in Nigeria have petitioned the President of the World Bank, David Malpass, to put an end to further negotiations with the President Muhammadu Buhari regime to borrow another $2.5 billion. Another online petition is ongoing as the group plans to […]