Business

NNPC, partners disburse $360 million for Ogoni clean-up

The Nigerian National Petroleum Corporation, NNPC, and its joint venture partners have disbursed $360 million for the Ogoni land clean-up as recommended by the United Nations Environment Programme, UNEP.

The corporation said in a statement that funding was no longer the challenge of the Ogoni l [...]

Sun, 23 February 2020


FG, states, LGs share N647.35 billion for January 2020

The Federation Account Allocation Committee, FAAC, has disbursed a total of N647.35 billion to the Federal, State and Local Governments for the month of January 2020 at meeting held in Lagos.

In a statement, the Deputy Director of Press and Public Relations at the Office of Accountant General o [...]

Sun, 23 February 2020


Nigeria loses $750m to oil theft in 2019 – NNPC

The Nigerian National Petroleum Corporation, NNPC, has disclosed that the nation lost about $750 million to oil theft in 2019.

Group Managing Director of NNPC Mallam Mele Kyari, stated this during a presentation to members of the Executive Intelligence Management Course 13 of the National Insti [...]

Sun, 23 February 2020


AfDB identifies 6,500 technology start-ups in 2019

A continent-wide report funded by the African Development Bank, AfDB, has identified approximately 6,500 technology start-ups in 2019 among which about 10 per cent develop applications that characterise the fourth industrial revolution.

The ground-breaking report titled “The potential of [...]

Sun, 23 February 2020


Unpacked: Samsung unveils Galaxy S20

 

 

Samsung  Electronics has unveiled its Galaxy S20 Smartphones as its latest mobile innovations to open the new era.

The Galaxy S20 and Galaxy Z Flip which are the new series of its flagship devices with improved features an [...]

Tue, 18 February 2020


FG launches NGTN code at NIPS 2020

The Federal Government has launched the National Gas Transportation Network, NGTNC, with on call on stakeholders to use the enormous gas deposits in Nigeria to grow the nation’s economy.

Minister of State for Petroleum Resources, Chief Timipre Sylva, who launched the network code at the 3 [...]

Sun, 16 February 2020


NNPC mulls W/Africa, global reach

As part of efforts to boost its international profile, the Nigerian National Petroleum Corporation, NNPC, says it plans to expand its operational footprints to the West African Sub-region and other parts of the world.

Group Managing Director of the NNPC, Mallam Mele Kyari, who disclosed this at [...]

Sun, 16 February 2020


NLNG signs sales, purchase agreement with Galp SA

Nigeria Liquefied Natural Gas, NLNG, limited and Galp Trading S.A have signed a 10-year gas sale and purchase agreement, SPA, for the supply of one million metric tons of liquefied natural gas per annum.

NLNG, in a statement by its General Manager, External Relations, Eyono Fatayi-Williams, sai [...]

Sun, 16 February 2020


Search

Latest posts

PhotoNDDC: Akpabio under fire over corruption allegations

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has come under fire over his reaction to allegations of corruption made against him [...]

13 July 2020

PhotoMagu unable to account for 332 recovered properties

The suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has again been accused of allegedly failing to [...]

13 July 2020