By Emmanuella Anokam An Oil and Gas operator, Mr Emeka Ene says connecting technically with professional bodies such as the International Gas Union (IGU) will drive gas innovation in Africa. According to Ene, the Chairman, OIDA Group/NEDOGAS, the IGU represents the global gas value chain. Ene and other operators spoke on Thursday in Abuja, at […]
Month: February 2025
Insurgency: FG expands rehabilitation initiative to Northwest states
By Habibu Harisu The National Counter Terrorism Centre (NCTC), under the Office of the National Security Adviser (ONSA), will commence the implementation of a radicalisation and rehabilitation initiative in the Northwestern states. Amb. Mairo Abbas-Musa, the Director of the Directorate of Preventing and Countering Violent Extremism in NCTC, disclosed this at the Executive Policy […]
NAFDAC discontinues registration of Artemether/Lumefantrine oral suspension
By Aderogba George The National Agency for Food and Drug Administration and Control (NAFDAC) has discontinued the registration of Multi-Dose Anti-Malarial (Artemether/Lumefantrine) dry powder for oral suspension. The announcement was made in a public alert No. 01/2025, released on the agency’s website Thursday. According to the alert, the decision was made due to the […]
NIES 2025: We have linked global investors with Africa’s energy potential – FG
By Emmanuella Anokam The Federal Government says the bridge connecting continents, linking global investors with Africa’s boundless energy potential has been strengthened by the 2025 Nigeria International Energy Summit (NIES). Amb. Nicholas Ella, the Permanent Secretary, Ministry of Petroleum Resources, said this on Thursday in Abuja at the closing of the 8th edition of NIES, […]
N/Korea behind $1.5bn cryptocurrency heist, says FBI
The U.S. Federal Bureau of Investigation (FBI) on Thursday said that North Korea is behind the theft of about 1.5 billion dollars in digital assets from a cryptocurrency exchange, . The company said hackers stole about 1.5 billion dollars in digital assets from Dubai-based crypto exchange Bybit on Feb.19, marking the biggest cryptocurrency heist ever […]
Nigeria’s rig count to reach 50 year end – NUPRC
By Emmanuella Anokam Abuja, Feb. 27, 2025 (NAN) The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the country’s rig count will hit 50 by the end of 2025. It said the country’s rig count had increased from eight in 2021 to 40 in 2025. The Chief Executive, NUPRC, Gbenga Komolafe said this on Wednesday in […]
International fraud syndicates establishing cells in Nigeria – EFCC
By Isaac Aregbesola Abuja, Feb. 27, 2025 (NAN) Mr Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), says organised foreign fraud syndicates are establishing cells in Nigerian cities and recruiting youths into serious organised cybercrimes, including cryptocurrency fraud. EFCC Spokesperson, Dele Oyewale, said this in a statement on Thursday in Abuja. He explained that […]
Tax Reform Bills: Customs duties beyond revenue collection– expert
By Martha Agas A customs and tax expert, Mr Okey Ibeke, says the duties of the Nigeria Customs Service (NCS) is not only limited to revenue collection but involves highly technical operations. Ibeke stated this on Thursday in Abuja, following a public hearing on tax reform bills organised by the Special Committee on Tax Reform […]
We won’t down tools to demand for N100bn bridging claims – PETROAN
By Emmanuella Anokam The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has urged members not to shut down operations. This is following the association’s conflict with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over bridging claim issues. Dr Joseph Obele, National Public Relations Officer (PRO), PETROAN made the call after an […]
Edo: Police arrest 5 suspects for alleged murder of 7-year-old boy, vigilante commander
By Usman Aliyu The Police Command in Edo says it has arrested five suspects in connection with two different killings in the state. This is contained in a statement on Wednesday in Benin, by the Police Public Relations Officer (PPRO) in charge of the command, CSP Moses Yamu. Yamu said that the killings include […]