Malabu Scam: FG Demands $3.5bn From Shell, Eni
The Federal Government is seeking compensatory damages in the sum of $1, 092, 040, 000 from oil giants, Shell and Eni, over the controversial Malabu oil deal.
It is also seeking compensatory damages in the sum of $3.5 billion for the!-->!-->!-->…
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Buhari orders import waivers for 3 Modular Refineries
FG frets as licenses threaten fuel exports projection
The projection by the Federal Government that Nigeria would begin fuel export by the end of 2019 is being threatened by imminent failure of 33 modular refinery licensees across the!-->!-->!-->…
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Dangote fertilizer plant to intensify FG’s agric development agenda
The federal government’s drive to diversify the economy by developing the agricultural sector will be boosted when the Dangote Fertilizer Plant becomes operational.
It has been said that the country will be saving a whopping $500!-->!-->!-->…
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Protesters block Aiteo’s Nembe oil facility
Protesters in Nigeria’s Nembe region barricaded the logistics base of oil company Aiteo on Sunday and briefly disrupted its operations, the company said.
Aiteo had just reopened its Nembe Creek Trunkline, which exports Bonny Light crude!-->!-->!-->…
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OPEC’s Existential Crisis May Unsettle Oil Market
Uncertainties are about unsettling global oil market fundamentals which though currently looking particularly bullish. Events that are threatening the market included the Organization of Petroleum Exporting Countries (OPEC) production!-->…
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Onovo faults IMF’s recommendation on fuel subsidy
Chief Martin Onovo, a petroleum sector technocrat and versatile politician, has taken a look at the recommendation of the International Monetary Fund (IMF) for Nigeria to remove of fuel subsidy, and stated that the organisation’s counsel!-->…
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Forte Oil offers power, upstream businesses for sale to unknown firms
Forte Oil Plc has entered into share sale and purchase agreements to sell its power and upstream businesses in continuation of complicated divestment programme involving its major shareholder and Chairman, Mr. Femi Otedola.
In a!-->!-->!-->…
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THE 4th REPUBLIC Movie Premiere and Review
-With Aisha Sambo
The movie premiere for Lola Akindoju’s Political drama, the 4th Republic was all planned and well thought of, a fantastic evening for movie and politics lovers. The movie premiere took place at the Royal Hall on the!-->!-->!-->…
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All Hail The Woods’ Remarkable Come Back
-Compiled by Saidu Abubakar-
During his decade in the wilderness, Tiger Woods appeared to give up on golf several times.“There’s nothing I can look forward to, nothing I can build towards,” Mr. Woods said as his back problems worsened!-->!-->!-->…
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Our Vehicles are Reliable, Easy to Maintain and Provide Value for Money — MD PAN
Popularly known as PAN around the country, PAN Nigeria Limited has remained an iconic name in Nigeria’s automobile industry. The company was conceived in 1969 by the then Federal Military Government under the leadership of General Yakubu!-->…
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