Otedola in talks to acquire Forte Oil upstream, power firm
The majority shareholder of Forte Oil Plc, Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on February 7.
Akinleye Olagbende, the firm’s Company!-->!-->!-->…
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Customs generated N3.1trn in three years — Official
•Seme Command raked in N1.055bn in Dec
The Nigeria Customs Service has generated about N3.1tn revenue in the last three years, Public Relations Officer of the Service, Deputy Comptroller, Joseph Attach said in Abuja on Tuesday, adding!-->!-->!-->…
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Electricity consumers lodged 390,889 complaints in 9 months –NERC
Electricity distribution companies in the country received a total of 391,066 complaints from consumers in the first nine months of last year, the Nigerian Electricity Regulatory Commission has said.
Customer complaints, which stood at!-->!-->!-->…
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Task Force arrests travellers with ammunition in Ondo
The Joint Task Force of the security agencies in Ondo State on Tuesday arrested six persons with ammunition at Emure Ile in Owo Local Government Area of Ondo State.
The task force, which includes the police, the army, and the Nigeria!-->!-->!-->…
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Only 5 Countries Ahead Of Nigeria In Terms Of Fuel Price
A policy group has revealed in its latest report, In its report released on 15 January, the Global Economic Policy Initiative, GEPin, said Nigeria presently ranks number six in the world only behind Venezuela, Sudan, Iran, Kuwait and!-->…
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Whistleblower tips off EFCC over N10bn petrol subsidy scam
The whistle blowing policy of the Nigerian government has continued to yield further result as the Economic and Financial Crimes Commission (EFCC) is presently on the trail of a Nigerian lady, Mrs Ngozi Ekeoma, and her companies, Nepal Oil!-->…
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Police shortlist over 300,000 for recruitment as constables
The Police Service Commission has released the list of shortlisted candidates for recruitment as police constables. In a statement Wednesday, the police commission said it received 315,032 as of last Friday.
The list consists!-->!-->!-->!-->!-->…
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Facebook announces measures to check fake news in Nigeria’s elections
In order to curb the spread of fake news during the forthcoming general elections in Nigeria, Facebook has said only advertisers located in Nigeria would be allowed to run political advertisements on the social media site, says a news!-->…
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Total Starts Up Production of the Giant Egina Field
At plateau, the Egina field will produce 200,000 barrels of oil per day, which represents about 10% of Nigeria’s production. The Floating Production Storage and Offloading (FPSO) unit used to develop the giant Egina field is the largest!-->…
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Nigeria’s ambassador to Cote d’Ivoire dies @60
Nigeria’s Ambassador to Cote d’Ivoire, Amb. Ibrahim Isah, has died, Foreign Affairs Ministry officials, have confirmed. Sources from the Nigerian Embassy at Deux Plateau, Abidjan, said that Isah, aged 60, died at 7p.m. on Tuesday.
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