Mobil takes ownership of 540MW Qua Iboe power plant

Mobil Producing Nigeria (MPN), operator of NNPC, MPN Joint Venture, says it had reached commercial terms…

Pastor ‘voluntarily confessed N918 million fraud’ in Atiku’s wife’s suit

A retired detective with the Economic and Financial Crimes Commission (EFCC), Dickson Graymond, has told a…

Nigerian Navy reiterates commitment to maritime security 

The Chief of Naval Staff, Vice Adm. Ibok-Ete Ibas has said that the Nigerian Navy would continue to…

Nigeria eyes 1.8mbpd in 2018 

Minister of State for Petroleum, Ibe Kachikwu has said Nigeria is targeting oil production of 1.8…

Niger Delta pirates attack containership, kidnap six 

Six crew members, including the captain, were kidnapped from the Liberian-flagged containership Demeter while the ship was…

Lagos recovers body of man who jumped into lagoon

The body of Oluseye Adekunle, the man who jumped into the Lagoon around Lekki Toll gate on…

Shell contributes $29bn to Nigeria in four years

Shell Petroleum Development Company (SPDC) has said its economic contribution to the Nigerian government in four years was $29bn.…

Fashola: Apapa roads give me sleepless nights

The Minister of Power, Works and Housing, Babatunde Fashola Thursday expressed displeasure over unresolved gridlock caused…

NEMA officials embark on nationwide strike

Some officials of the National Emergency Management Agency (NEMA) on Thursday embarked on a three-day warning strike.…

SEC uncovers mismanagement, abuse, insider trading; suspends Oando shares

The Securities and Exchange Commission (SEC) on Wednesday ordered full suspension of the trading of shares of…

NPA-INTELS pilotage service contract does not violate constitution, says NIIA 

The Nigerian Importers Integrity Association (NIIA) has weighed in on the controversy trailing the termination of…

We are working towards stimulating economic growth, says NNPC 

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says he…