News

JPMorgan Chase & Co. asked a London court to dismiss a lawsuit brought by the Nigerian government that accuses the bank of failing to prevent $875 million in corrupt payments. The lender said it got the correct approvals from…
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*Demands immediate reversal of power sector privatization, others Ahead of next week Presidential and National Assembly elections, Nigeria Labour Congress, NLC, Tuesday in Abuja, warned the political class planning to sell the…
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The Nigerian Police Force says it will strengthen its collaboration with the Nigerian National Petroleum Corporation to ensure a more effective security surveillance and protection over the nation’s oil pipelines. The Inspector-General…
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The federal government has assured it has no plan or agenda to sell any of the refineries or the Nigerian National Petroleum Corporation (NNPC). It said anybody who has such plan does not have the interest of the workers at heart. …
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...Executive Order 007 gathers momentum Dangote Group, the Nigeria Liquefied Natural Gas Limited (NLNG), and four other companies have joined in on the federal government drive to build infrastructure across Nigeria. The companies,…
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The Chief Executive Officer, OVH Energy, a licensee of the Oando retail brand, Huub Stokman has advocated for development of Nigeria’s capacity to refine crude locally to engender growth in the nation’s economy. Speaking at the just…
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Federal Government has been accused of failing to show the necessary commitment needed to end gas flaring in the Nigerian petroleum industry. This was the view of former Chairman of the Nigerian Electricity Regulatory Commission,…
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The Nigerian National Petroleum Corporation (NNPC) is finding it difficult to access funds from private investors to undertake most of its oil and gas operations because it is unable to show that it is transparent, efficient in…
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Minister of State for Petroleum Resources, Dr. lbe Kachikwu, has been conferred with the Petroleum Training lnstitute, PTI, Life Recognition Award for his exemplary leadership, uncommon feat in nation-building. The award is also for his…
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...Baru said that the discovery of hydrocarbons takes many years, adding that oil was discovered in Niger Delta after 50 years of exploration Nigeria National Petroleum Corporation, NNPC has declared that it will take a several…
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