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Pledges support for frontier exploration Mele Kyari, GMD, NNPC The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee, Senator Bassey Albert Akpan, gave the …

Wema-bank-liquidity-crisis-worsens Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. Exclusively reports that the third-quarter …

  The Federal Executive Council (FEC) has approved N115.4 billion for the dualisation of the proposed Kano-Kazaure-Kongolam highway in Katsina state. This was disclosed to newsmen after the FEC meeting presided over by President Muhammadu Buhari on Wednesday Minister of Works and Housing Babatunde Fashola, who briefed State House correspondents alongside …

Governor Dapo Abiodun of Ogun State. Ogun State governor, Dapo Abiodun, has said that kidnappers, armed robbers, Yahoo Boys and other criminals are after his life. The governor said the criminals resorted to the ploy following the unrelenting war being waged against them in the state by his government. Abiodun …

Senator Rochas Okorocha/Internet The Indigenous People of Biafra (IPOB), Thursday, said accused the former governor of Imo State, Rochas Okorocha, of sponsoring the so-called unknown gunmen in Imo State and trying to use IPOB for political gains. The media and publicity secretary of the group, Comrade Emma Powerful, stated this …

Two aggrieved governorship aspirants of the All Progressives Congress in Ekiti State have said that despite their displeasure about the recently conducted governorship primary election of the party, they will not defect to any political party. The two aggrieved aspirants who are also members of the National Assembly Opeyemi Bamidele …

… Firm Begins Probe Of Explosion A Trinity Spirit Floating Production, Storage and Offloading Vessel on Wednesday exploded causing raging fire within Nigeria’s coast. The Trinity Spirit Vessel is an Offshore Support Vessel built 46 years ago. The FPSO serves as the primary production facility for OML 108 and it …

  President/CE, Dangote Industries Limited and Africa’s wealthiest man, Aliko Dangote yesterday received the prestigious award of the ‘Champion of CILT’ in recognition of his personal and the group’s contributions and support in areas of transport, logistics and supply chain management in Nigeria and Africa. The award was bestowed on …

At its inception in Nigeria, e-commerce became a market for best deals and bargains on electronics and gadgets. Aside from the convenience and comfort of e-commerce, another factor that swayed the tech-savvy community to online shopping was price differentiation that helped save more on purchasing products. Of course, the likes …

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including two state governors to commission a 400 metric tons per day mega rice mill in Kano state constructed by Gerawa …