Naira falls to N1,300/$ on P2P market

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The naira is currently trading above N1,300/$ on the Peer-to-Peer cryptocurrency window on Tuesday. This is as many traders on the parallel market confirmed that...

Delta Govt Moves To Resolve Host Communities, Heritage’s OML 30 Standoff

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The Delta State Government has waded into the faceoff between Heritage Oil Company and over 112 oil bearing communities in Oil Mining Lease (OML)...

Nigeria can’t subsidize fuel any longer ― Senator Yusuf

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…Says Nigeria Can’t sustain 5billion on IDPs monthly CHAIRMAN, Senate Committee on Special Duties, Senator Yusuf Abubakar Yusuf, APC, Taraba Central has lamented that based...

Nigeria cuts oil production to 1.4 mb/d ― OPEC

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For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s ability to cut its output from 1.7...

Airlines To Pay Passengers For Delayed Flights From January – Keyamo

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Minister of aviation, Festus Keyamo has said regulators of the aviation sector will begin to compel airlines to compensate passengers for delayed or cancelled...

Oil Theft: Tinubu commends Tantita security services others on recorded successes.

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President Bola Tinubu on Monday commended Tantita Security Services Limited and other security agencies for combating oil theft and hailed their collaborative efforts that...

Our refinery will supply first product to market by July, says Dangote

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Aliko Dangote, the Nigerian billionaire businessman, says the Dangote Refinery will supply its first tranche of petroleum products to the market before the end...

Oil theft: Navy relocates training command headquarters to Rivers

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Gov. Siminalayi Fubara of Rivers on Friday inaugurated Naval Training Command Headquarters as part of efforts to address insecurity in Rivers and the Niger...

President Tinubu To Present N27trillion Nigerian Budget To National Assembly For 2024

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President Bola Tinubu’s government has approved N27trillion as the 2024 appropriation for the country. The Federal Executive Council (FEC) gave the approval on Monday at...

Oil Spill: Agip shuts down Idu Well 11 in Bayelsa as Environmentalists lament impact

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The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within Biseni in Yenagoa Local...
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