Popular US-Based Nigerian Oil & Gas Tycoon Dies Mysteriously In Hotel Room
A Nigerian businessman has kicked the bucket after flying into Nigeria for a bussines meeting. Identified as Robert Onyejekwe, the man who was said said to be an oil and gas magnet lived in Sugar Land, Houston, Texas, and was in town!-->!-->!-->…
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Inflation: CBN, World Bank on collision course
Arguments against continuous monetary policy tightening by the Central Bank of Nigeria (CBN), as a sure way of reining in inflation has received international boost, with the World Bank toeing the same line in its latest report.The!-->!-->!-->!-->!-->…
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Nigeria’s Oil Theft Worsens, Now .4m barrels per day …Smack Of Systemic Corruption
A recent report has revealed that Nigeria’s daily oil losses surged to 400,000 barrels as efforts to curb crude oil theft remain ineffective.This escalation from 100,000 barrels per day in 2013 underscores the severe and worsening!-->!-->!-->!-->!-->…
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Nigeria Will Become Self-sufficient In Fuel Production This July – Akpabio
The Senate President, Godswill Akpabio, has assured Nigerians that the country will become self-sufficient in Premium Motor Spirit (Petroleum) production in the next four weeks.He commended President Bola Tinubu for having the!-->!-->!-->!-->!-->…
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Blackout Imminent In Kano, Jigawa, Katsina As Union Pickets KEDCO Office
Kano, Jigawa and Katsina states may be thrown into darkness as members of the Senior Staff Association of Electricity and Allied Companies (SSAEAC), on Thursday morning picketed the Kano Electricity and Distribution Company (KEDCO)!-->!-->!-->…
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More Hardship For Nigerians As Food Inflation Rises To 40.66%
The widespread economic hardship being witnessed in Nigeria has worsened as the nation’s food inflation climbed up to 40.66 per cent in May 2024 from 24.82 per cent as recorded in the same period last year.The National Bureau!-->!-->!-->!-->!-->!-->!-->…
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Expert urges comprehensive review of power sector privatisation
An expert in power, Mr Uket Obonga has called for a comprehensive review of the privatisation of the power sector.Obonga, who is the National Secretary, Nigeria Electricity Consumers Advocacy Network (NECAN), said this in an!-->!-->!-->!-->!-->…
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BRICS Efforts to Reduce Dollar Dependency Gain Momentum Ahead of Summit
An op-ed featured on Business Insider by Huileng Tan highlights the BRICS group’s ongoing initiatives aimed at diminishing reliance on the US dollar.Last year, Brazilian President Luiz Inácio Lula da Silva proposed the idea of a!-->!-->!-->!-->!-->…
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Minister hails NCDMB, Nedogas partnership on Kwale Gas Gathering facility
– Lists benefits of new gas gathering facility
*Kwale Gas Gathering facilityThe Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended the Nigerian Content Development and Monitoring Board!-->!-->!-->!-->!-->…
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Economic hardship: “There is no hope under Tinubu’s govt” – Anglican Archbishop
Archbishop of the Aba Ecclesiastical Province and leader, Southern Nigeria Bishops Conference, Church of Nigeria (Anglican Communion), Dr Isaac Nwaobia, has declared that there is no hope for the country under the Bola Tinubu!-->!-->!-->…
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