The ongoing strike action by VTP5/OTP2 Operator/Maintenance Trainees in Chevron appears to be getting messier as the National Association of Itsekiri Graduates (NAIG) has directed Itsekiris working with Chevron Nigeria […]
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Ex-NNPC workers protest at rights commission over N4bn pay
About 29 disengaged casual workers of the of the Nigerian National Petroleum Corporation (NNPC) on Thursday besieged the National Human Rights Commission (NHRC) Abuja office to protest the non-payment of […]
Court convicts two Brazilians for importing cocaine
A Federal High Court, Lagos, yesterday convicted two Brazilians, Lima Pereira Diego and Santos Marcia Cristina, for bringing into Nigeria 23.895 kilogrammes of cocaine. Justice Mojisola Olatoregun convicted the two […]
PHOTOS: Another truck pours its load due to bad road at Apapa
OPEC breaks own record as compliance to oil deal hits 106%
The Organisation of Petroleum Exporting Countries (OPEC) has beat its own oil cut compliance record, which stood at 104 percent as at April 2017. According to the joint OPEC-Non-OPEC Ministerial […]
Nigeria still importing tobacco leaves from about 12 countries – Group
A group, the Nigerian Tobacco Control Alliance (NTCA) yesterday faulted claims that the tobacco industry in Nigeria has created job opportunities for many farmers. The NTCA said the illusion created […]
CBN spent N192bn in 5 years on currency maintenance
Assistant Director Currency Operations of the Central Bank of Nigeria (CBN) Benedict Maduagwu, has said “between 2005 and 2010, the CBN spent about N192 billion on the maintenance of currency.” […]
‘Niger Delta peace critical to delivering budget 2017’
The sustenance of the relative peace in the oil-rich Niger Delta is critical to the achievement and delivery of the 2017 budget. The Federal Government must therefore, take the current […]
NSCDC destroys 3 illegal refineries in Edo
The Nigeria Security and Civil Defence Corps (NSCDC), Edo Command on Friday destroyed three illegal refineries as part of efforts to check pipeline vandals. The refineries were located at Obaszagbon […]
Ex-militants assure oil firms of peace, security, in N-Delta
Multi-national oil companies operating in the Niger Delta, have been assured of an enabling environment to carry on their business activities when they comply with the Federal Government’s directive to […]
Import substitution: Cassava starch firm saves economy N1.22bn annually
PSALTRY International Company Limited, one of the investors in the Nigerian cassava industry, has said that the country has started benefiting from its investment as the import substitution policy of […]
Finally, NNPC pays N450bn Federation Account debt
The Nigerian National Petroleum Corporation (NNPC) has finally offset its indebtedness of N450bn to the Federation Account. The Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, confirmed the development at […]