archiveJuly 2, 2021

The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed Thursday at the NNPC Towers. The...

  Area Comptroller in charge of Kano/Jigawa Command of the Nigeria Customs, Suleiman Pai Umar on Thursday July 1, 2021 handed over one Sabo Suleiman to the Kano Zonal Office of the Economic and Financial Crimes Commission. The suspect was arrested in a joint operation on June 17, 2021 by...

  The three contestants who made it to the next week’s episode of the Nigerian Idol, Kingdom Kroseide, Francis tela, and Akunna Okey, performed wonderfully on Sunday with commendations from the guest judge, Cobhams Asuquo, the Nigerian artiste, songwriter, and producer. The contestants thrilled Cobhams, and other judges, Seyi Shay,...

The Nigerian Exchange (NGX) key market indices  rebounded by 0.83 per cent on Friday on renewed investors confidence. Specifically, the All-Share Index inched higher by 313.45 points or 0.83 per cent to close at 38,212.01 against 37,898.56 recorded on Thursday. Also, the market capitalisation rose by N164 billion or 0.83...

  The Methodist Church Nigeria (MCN) on Friday passed a vote of no confidence on its British counterpart, over the latter’s approval of same-sex marriage. The Nigeria variant of the church said this in a statement by its Director, Media and Public Relations, Rev. Oladapo Daramola, in Lagos. Daramola said...

  Ondo State House of Assembly has passed the anti-Open Grazing bill into law. The bill, when signed into law, would help to regulate security, rearing and grazing of livestock as well as establishment of ranches. Other bills passed into law by the lawmakers were for the judicial autonomy and...

*VP urges States to send EndSARS judicial panels' progress reports *Reconciliation reached regarding States' repayment of Budget Support Facility As plans for next year's budget begins to gather pace, the National Economic Council (NEC) has endorsed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) which was presented...

Indigenous People of Biafra (IPOB) has described as barbaric recent attack of the house of Sunday Ighoho in his country home in Ibadan Oyo state. The group in a statement issued by the Media and Publicity, Emma Powerful, warned that such actions were capable of plunging Nigeria into serious crisis...

 Mr. Kingsley Ujuma (APC-Imo),  a member of the Petroleum Industry Bill (PIB) says the Nigeria National Petroleum Corporation (NNPC) will now be accountable with the passage of the bill. Ujuma said this while briefing newsmen on Friday in Abuja, following the passage of the PIB on July 1, by the...

   The African Development Bank (AfDB) has launched a five-year Strategy for Economic Governance in Africa (SEGA) to promote sustainable economic performance in African countries. The launch, held virtually on Friday, noted SEGA was aimed at fostering transparent and accountable governments and institutions to secure inclusive, sustainable development. SEGA also...