News

About 22 sectors capable of generating foreign exchange for the federal government in place of crude oil have been identified, the Executive Director, Nigerian Export Promotion Council(NEPC), Segun Awolowo, has said. Mr Awolowo…
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New NNPC boss assumes office todaySurpass my achievements, Baru tells successor As the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, officially assumes office today, stakeholders…
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-By David Chukwu The rise in property developments in Nigeria’s capital city, Abuja, is equally fuelling concerns the real estate sector is becoming an avenue for individuals to conceal their illegally acquired wealth. According to…
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-By Yange Ikyaa The Nigerian oil and gas industry has experienced phenomenal growth in deep water operations in the past two decades, as the Nigerian National Petroleum Corporation (NNPC) has continued to support planned deepwater…
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-By Fred Ojiegbe The growing underdevelopment in Nigeria’s Niger Delta region, regarded as the goose that lays the golden eggs has continued to pitch the region against the international oil companies, IOCs, that have been producing oil…
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President Muhammadu Buhari on Thursday, 20th June 2019 confirmed the appointment of Mr. Mele Kolo Kyari, as the new Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC). Mr. Kyari until his appointment was…
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-By Fred Ojiegbe There appears to be hope that Nigeria’s refining capacity may be on the increase in no distant time with the construction of Waltersmith Refining and Petrochemical Company Limited’s 5,000 barrels per day, bpd refinery…
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-By Gideon Osaka Diverse reactions have continued to trail the recent revocation of six oil blocks belonging to five companies, announced by the Department of Petroleum Resources, DPR, on behalf of the Federal Government. Valuechain…
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-By Gideon Osaka After another record year, global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the…
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-By Fred Ojiegbe Comrade Francis Olabode Johnson, President Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) died in the early hours of Friday 31st May 2019 at National Hospital Abuja. Mr Johnson, who hailed…
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