News

The Nigerian Electricity Regulatory Commission (NERC) has issued a directive that power distribution companies (DisCos) can collect about 85.84% of the newly increased electricity tariffs from affected customers between September and…
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The $1 billion Ogoni cleanup in Nigeria’s Niger Delta has been brought back to the front burner as Civil Society Legislative Advocacy Centre (CISLAC) has demanded the probe and sack of incompetent contractors. United Nations…
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The Governor of Bayelsa, Sen. Duoye Diri, said that the Nigerian Maritime Administration and Safety Agency (NIMASA) was key in weaning Nigeria from its dependence on crude oil. Diri disclosed this in a statement signed by Mr Philip…
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The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the terms of trade for the affreightment of Nigerian crude oil from Free on Board (FOB) to Cost, Insurance and Freight (CIF). The…
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A Canadian judge on Thursday dismissed an application seeking leave to appeal the judgement that confirmed the grounding of a luxury private jet purchased by a former Nigerian oil minister, Dan Etete, with some of the alleged proceeds of…
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Nigerian National Petroleum Corporation (NNPC) has launched a tender for the purchase of Nigerian crudes. The tender requires bidders to register by September 16 at noon. This first stage requires companies to declare an interest in the…
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The Department of Petroleum Resources (DPR) has shut down Offshore Safety Training Centres in Warri and Port Harcourt operated by Opeans Nigeria Limited. Opeans Nigeria Limited operates two Offshore Safety and Emergency Training Centers in…
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On Saturday, August 29, 2020, Dr. Omar Farouk Ibrahim's daughter, Amina (Ammi) got married to Fuad Yusuf Ahmed. The low-key wedding which took place at Annur Juma'at Mosque, Abuja attracted close Associates, and families of the groom and…
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Nigerian authorities are “not unmindful that the industry players are of the view that the current level of taxation on onshore and shallow water operation is excessive”, Timipre Sylva, the Minister of State for Petroleum Resources, has…
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Nigerian lawmakers have instructed the country’s most senior accountant to investigate payments totalling $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied Natural Gas (NLNG) between 2004 and 2019, a Senate statement…
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