OPEC Re-Elects Barkindo As Sec-Gen For Another Three Years

Mohammad Sanusi Barkindo, OPEC Sec-General The Organization of Petroleum Exporting Countries (OPEC) has announced the re-election of Nigeria’s Mohammed Barkindo as Secretary General for...

FG Directs CBN, Others To Synergise With JTB

The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate...

Zimbabwe Outlaws Use Of US Dollar And Other Foreign Currencies

In a bid to defend its fledgling new currency against black market speculation, Zimbabwe's Finance Minister Mthuli Ncube on Monday outlawed the use of...

Buhari Appoints Mele Kyari As New NNPC GMD

President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation, bringing to an...

NNPC To Resume Oil Search In Chad Basin –GMD

The Nigerian National Petroleum Corporation (NNPC) says it will resume crude oil search in the Chad basin immediately it gets clearance from security agencies...

Femi Otedola Sells Forte Oil

Nigerian billionaire, Femi Otedola, on Wednesday, revealed that he has sold his interests in Forte Oil. On his verified Instagram handle, Otedola said, he has...

US Ups Investment In Africa To Counter China’s Influence

Eleven heads of state and government and more than 1,000 business leaders are meeting in Mozambique this week for the US-Africa Business Summit ahead...

Oando Share Price Drops As SEC Suspends AGM

The share price of Oando Plc declined at the close of trading on the Nigerian Stock Exchange on Monday after the Securities and Exchange...

FG Revokes Six Oil Licences

The Department of Petroleum Resources (DPR) has revoked five oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies.   In a...

NNPC Rakes In $490.03m From Crude Sales In 28 Days

The Nigerian National Petroleum Corporation (NNPC) raked in $490.03 million revenues from oil exports in February 2019. The figures, contained in the February 2019 edition...
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Presidency Faults Isha Sesay’s Book On Chibok

  Says it's a good book full of misrepresentations The Presidency on Monday faulted the new book, “Beneath The Tamarind Tree”, written by the ex-CNN...

Obasanjo’s Letter Selfish, Unpatriotic- Yakasai

Elder statesman Tanko Yakasai on Monday took a swipe at former President Olusegun Obasanjo, describing his open letter to President Muhammadu Buhari as selfish...

Miyetti Allah Calls For Obasanjo’s Arrest

The Miyetti Allah Kautal Hore, a Fulani socio-cultural organisation in Nigeria, has demanded for the arrest of former President Olusegun Obasanjo over the latter’s...