
Nigerian National Petroleum Company secures court order to stop ExxonMobil from leaving Nigeria
The Nigerian National Petroleum Company (NNPC) Limited has secured an injunction from the Federal High Court in Abuja restraining the...

Inflation overtakes COVID-19 as the world’s biggest worry
According to a new survey, inflation is the biggest concern facing people globally countries. Worry about inflation has been on...

Power Generation struggles to stay at 4,000mw as darkness covers Nigeria
Nigeria’s power sector peak electricity generation continued to struggle to stay above 4000 megawatts, despite huge energy demand from Nigerians...

Modular refinery to commence operation in Edo, Nigeria
BENIN CITY – THE Nigerian Content Development and Monitoring Board (NCDMB) has said that the Duport Midstream Company Limited (DMCL)...

CBN issues cybersecurity guidelines for financial Institutions amid MTN N22.3bn court case with banks
The Central Bank of Nigeria (CBN) has issued guidelines for improved cyber security in Nigerian financial sector, especially among the...

House of Reps accuses NNPC of padding fuel subsidy cost, diverting $7bn
The House of Representatives has revealed its plan to investigate subsidy payments, accusing the Nigerian National Petroleum Corporation (NNPC) of...

Nigerian government gives breakdown of N74bn subsidy payment to petroleum marketers in seven months
Amid scarcity, the Federal government has revealed that petrol marketers in the country in seven months received N74 billion subsidy...

Nigeria flares N4trn worth of gas in 10 years
Nigeria flared natural gas worth over $13.3bn (N4 trillion) within the last 10 years,Ikeanumba analysis show, volumes that could have...

NNPC transforms to new company from Friday
The Nigerian National Petroleum Corporation (NNPC) will from Friday, July 1 become a different entity in its operation. The state-owned...

Costly jet fuel threatens Nigerian airlines, forces Kenyan airlines to hike airfares
Across Africa, the cost of jet fuel is on the rise and both airlines and air travelers are bearing the...