Court Freezes Accounts Linked To Ex-Gov Yari
The Federal High Court on Friday ordered the interim forfeiture of a bank account of the immediate-past governor of Zamfara State, Abdulaziz Yari, and those of two other firms linked to him.
The two companies are!-->!-->!-->…
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FIFA ban former Nigerian coach Siasia over match fixing
Former Nigeria national team coach Samson Siasia has been banned from the game for life following a match-fixing probe by world governing body FIFA.
FIFA said in a statement on Friday that the adjudicatory chamber of their!-->!-->!-->…
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58 Nigerians Get Scholarships From China
The Chinese Government has awarded scholarships to 58 Nigerians among whom were 16 doctorate degree students, 39 masters’ degree and three undergraduates, according to a report by PUNCH.
The beneficiaries received their university!-->!-->!-->…
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China pumps $16bn in Nigeria’s oil industry
The Executive Vice President of China National Offshore Oil Corporation (CNOOC), Mr. Lu Yan Ji, said the company has invested over $16 billion in Nigeria’s oil industry and described Nigeria one of its largest investment destinations.
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Reps C’ttee summons CBN, NNPC, Customs
An ad hoc committee of the House of Representatives has summoned heads of four government agencies to appear before in on Monday, Aug. 19.
This followed the ruling of the Chairman of the Committee, Rep. Yusuf Buba (APC-Adamawa) at a!-->!-->!-->…
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NNPC Targets China To Boost Crude Reserves
….Tasks PLAN on pipeline safety
The Nigerian National Petroleum Corporation (NNPC) is banking on its blooming strategic partnership with China and new investments in the upstream petroleum sector to actualize the nation’s crude Oil!-->!-->!-->…
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Nigeria spends $54.6bn on importation of PMS, others
…Earns $54.5bn from export of crude oil
Nigeria’s value of petroleum products imported in 2018 was more than its exports of the same year, according to data released by the Organisation of Petroleum Exporting Countries (OPEC).
The!-->!-->!-->!-->!-->…
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Why Dangote Refinery isn’t threat to smaller Refineries
Stakeholders in Nigeria’s oil and gas sector have said the much-awaited Dangote Refinery will not be a challenge to other smaller modular refineries coming on board this year.
The $12 billion Dangote Refinery, an hour east of Lagos,!-->!-->!-->…
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Buhari issues stern warning to incoming ministers
President Muhammadu Buhari has issued warning to his new ministers, as contained in a tweet posted on his Twitter handle, @MBuhari Wednesday night.
It read: “The incoming Ministers, who will be sworn in next week, will receive clear!-->!-->!-->!-->!-->…
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FG will pay ‘failed investors’ N736bn to repossess DisCos
The Federal Government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry.
This is coming ahead of the scheduled final performance review of the!-->!-->!-->…
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