DPR To Check Unauthorised Hike In Petrol Price

The Department of Petroleum Resources (DPR) in Bayelsa says it has stepped up its regulatory activities to check unauthorised hike in the price of...

ANTI-LABOUR PRACTICE: FIDELITY BANK DENIES INVOLVEMENT

Fidelity Bank Plc has distanced itself from the news making the rounds that it was promoting anti-labour practices in the bank. The bank in a...

Court Nullifies 9mobile Board

United Capital Trustees Limited, the receiver-manager appointed by the consortium of 13 banks which lent 9mobile (formerly Etisalat Nigeria) $1.2 billion, has said it...

CRUDE OIL FALLS TO $38.40, THE LOWEST SINCE 2009

The lull in the crude oil market has continued unabated as crude oil price of 12 OPEC Basket closed $39.50 per barrel, Brent crude...

AMCON takes over OAS Helicopters

The Asset Management Corporation of Nigeria (AMCON) has taken over Odengene Air-Shuttle Services (OAS) Helicopters in Lagos following a court order. The News Agency of...

FG LIFTS BAN ON 113 CRUDE OIL VESSELS

The Nigerian National Petroleum Corporation (NNPC) has lifted a ban placed on 113 vessels from engaging in crude oil/gas loading activities within Nigerian territorial...

KACHIKWU SACKS PPMC BOSS HARUNA MOMOH , REDEPLOYS GGM CRUDE OIL MARKETING

The restructuring of the oil and gas sector took another twist on Thursday as Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), Dr...

NIGERIA’S OIL WORKERS RISK JOB LOSS OVER IRAN’S RETURN TO CRUDE MARKET

Anxiety and fear have en­veloped stakeholders in the­nation’s oil and gas industry over the recent re-entry of Iran into the global crude market. Already, there is...

NNPC DENIES REDUCING FUEL PRICE TO N57 PER LITRE

The Nigerian National Petroleum Corporation (NNPC) has debunked reports in social media of a purported reduction in current pump price of petrol from N87...

SHELL COMMENCES PRODUCTION FROM BONGA PHASE 3 PROJECT

Nigeria’s hope of increasing the volume of crude  from  offshore fields received a boost yesterday as Shell Nigeria Exploration and Production Company Ltd (SNEPCo)  announced the start-up...
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Court Orders Police To Pay Charly Boy N50m Damages

The Federal High Court in Abuja on Monday ordered the Nigeria Police Force to pay to the popular entertainer, Mr Charles Oputa, also known...

Fayose Pleads Not Guilty, Remanded In EFCC Custody

The immediate past governor of Ekiti State, Ayo Fayose, yesterday appeared before a Federal High Court in Lagos and pleaded not guilty to the...

Nigerian Elites Frustrating Fight Against Corrupt Individuals, Says Osinbajo

Vice-President, Prof Yemi Osinbajo, has said that whenever he wants to sack a public official who has been found to be corrupt, he gets...
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