About 20 Nigerian soldiers are missing after a clash with Boko Haram militants in the northeast of the country, security sources said on Monday, though the military denied reports that some troops could not be found. The confrontation between militants and troops took place on Saturday in the Bama area of Borno, the state worst […]
The Minister of Youth and Sports, Solomon Dalung has said that Chris Giwa remains the Nigeria Football Federation (NFF) president as declared by the Supreme Court judgment on April 27. Mr Dalung told the News Agency of Nigeria (NAN) on Monday in Abuja that the ministry was operating under the rule of law and obeying […]
The 5th edition of the Sub-Sahara Africa Upstream Oil & Gas Summit will take place next year from 9th – 11th April, 2019 which will reunite industry players from across the African region. In April 2018, industry players across the oil and gas industry in Africa attended the event to strengthen the region’s oil and […]
Oil prices slumped 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers. Brent crude futures (LCOc1) fell $3.09 to $72.24 a barrel, a 4.1 percent loss, by 11:34 a.m. EDT (1534 GMT), while U.S. West Texas Intermediate (WTI) crude […]
France’s Antoine Griezmann celebrates after scoring on a penalty his side’ second goal during the final match between France and Croatia at the 2018 soccer World Cup in the Luzhniki Stadium in Moscow, Russia, Sunday, July 15, 2018. (AP Photo/Matthias Schrader) France’s Antoine Griezmann celebrates after scoring on a penalty his side’ second goal during […]
Nigeria Ambassador to the Netherlands, Oji Ngofa has expressed satisfaction with the current volume of trade between the two countries, which stood at three billion Euro (N1.2trillion) in the first quarter of 2018. Ngofa made this known to Journalists in The Hague on Sunday during his background briefing to journalists ahead of President Buhari’s arrival […]
The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion dollars in its existing stakes in offshore oil and gas operations in Nigeria. Mr Ndu Ughamadu, the Nigeria National Petroleum Corporation (NNPC) spokesman said this in a statement on Sunday in Abuja. Ughamadu said Mr Yuan Guangyu, the Chief Executive Officer […]
In a bid to boost the economic development of Nigeria through Micro, Small and Medium Enterprises (MSMEs), the National Institute for Legislative and Democratic Studies (NILDS) on Thursday, held a lecture for policy makers. The lecture is aimed at creating an environment that will help tackle the many challenges faced by MSMEs, including challenges relating […]
The oil market is “stretched to the limit” despite the fact that OPEC+ agreed to ramp up production following their meeting last month, according to the International Energy Agency. The IEA said that the increased supply from Saudi Arabia, its Gulf allies and Russia is “very welcome,” given the series of outages reported around the […]
The National Broadcasting Commission has shut down the Broadcasting Service of Ekiti State (BSES) for allegedly breaching provisions of the Broadcasting Code. The commission’s Southwest monitoring chief Professor Armstrong Idachaba cited breach of the electoral act and broadcasting code by the media outfit, after Governor Ayodele Fayose went on air to announce alleged fake results […]