The Nigerian National Petroleum Corporation (NNPC) said Indonesia has indicated its interest in increasing its purchase of crude oil from Nigeria. The NNPC in a statement signed by Mr Ndu Ughamadu NNPC Group General Manager, Group Public Affairs division in Abuja on Tuesday disclosed that Indonesia currently purchases about 90,000 barrels of crude oil per […]
The Board of Heirs Holdings on Wednesday announced the appointment of Emmanuel Nnorom as Group Chief Executive Officer. Mr Nnorom previously served as Chief Executive of Heirs Holdings’ affiliate Transnational Corporation of Nigeria Plc and will join the Heirs Holdings’ Board, reporting directly to the Group Chairman, Tony Elumelu. The appointment takes effect from today, […]
Oil workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has stated that Nigeria has lost over $235 billion as a result of its inability to pass the Petroleum Industry Bill (PIB) into law since the reform in the Nigeria’s oil and gas industry was kick-started 17 years ago. […]
The intervention of the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has secured a permit fee waiver of N221 million for MTN Nigeria in Kano State. A similar intervention by the NCC boss in Ogun State last year, resulted in unsealing of 47 base stations under lock and key, while […]
Telecoms operators have urged the Nigerian Communications Commission (NCC) to save the industry from imminent collapse. They warned that the factors crippling their operations could also derail the National Broadband PLan (NBP) of the Federal Government, if not checked. The telcos, which described themselves as ‘Tier II’ operators, have notable broadband companies, such as Smile […]
The Federal Airports Authority of Nigeria (FAAN) says it has commenced the process of ending touting and other vices at airports across the country. The Acting General Manager, Corporate Affairs, at FAAN, Mrs Henrietta Yakubu, explained that it is part of efforts to implement the executive order signed by Acting President, Yemi Osinbajo. Prof. Osinbajo […]
The Bonny Graduates Forum has expressed concern over the uncertainty that now surrounds about 18,000 jobs in the Niger Delta region. The group, in a statement issued in Bonny, signed by its Spokesperson, Cyril Hart, said it had closely examined the issues surrounding the amendment of the NLNG Act and has come to the understanding […]
The Standards Organisation of Nigeria has arrested a suspected dealer of expired household items stocked in two buildings in Kirikiri, Lagos. The arrest was carried out on Saturday through the collaborative effort of operatives of the agency and the Nigeria Police Force. The arrest followed the discovery of a twin three-storey building by SON, belonging […]
About 200 insurance Chief Executive Officers from Nigeria and 650 other participants from around the world converged in Kampala, Uganda, at the 44th session African Insurance Organization (AIO). The session was opened by the Vice-President of Uganda, Mr. Edward Ssekandi, who represented the President, Yoweri Kaguta Museveni. The 200 Nigerian insurance industry delegates were drawn […]
Senate President, Dr. Abubakar Bukola Saraki, has called for concerted and united effort by all Nigerians to build a strong economy as a means of sustaining the nation’s democracy. Saraki in a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, in Abuja, to commemorate the 2017 Democracy Day celebration, said the real […]