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...NEC meets Thursday in Abuja Govervors are set to push for a major overhaul of the nation’s security architecture, it was learnt yesterday. A National Economic Council (NEC) meeting is to hold tomorrow. It will discuss the mounting…
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A consortium of seven local and international lenders has signed an agreement to refinance Neconde Energy Limited’s existing Senior Secured Medium-Term Loan Facility Agreement worth $640 million, following a 20-year renewal of its Oil…
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Immediate past chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has denied a recent comment attributed to him on the controversial topic of the commission's server. INEC's incumbent…
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In continuation of its war against crude oil theft and pipeline vandalism in the Niger Delta, the Nigerian Navy (NN) on Tuesday said over 50 illegal refineries have been destroyed in the past 32 days around Yeye, Burutu and Ibafa creeks in…
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The National Engineering and Technical Company Limited (NETCO), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has declared a profit of N6.75 billion after tax for the year ended 31st December, 2018. Malam Bello…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Tuesday said the management targets to reduce crude oil production cost from the current $27 per barrel to $20 in its strategic effort…
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The Chairman of the Progressives Governors Forum, Atiku Bagudu, has said governors are grateful to President Muhammadu Buhari for the release of about two trillion naira to the 36 states of the federation. Bagudu stated this when he…
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The Independent National Electoral Commission (INEC) received N1.47 billion to replace and maintain computer servers for use during the 2019 general elections, PREMIUM TIMES has confirmed. It is not clear though how the servers, which…
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Chevron Nigeria Limited, CNL, says it spent a total of N350 million on 167 developmental projects in 2018, for its KEFFES host communities in Bayelsa State. KEFFES is an acronym for eight oil and gas host communities along the coastline…
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The Federal Government, through the steering committee of Nigerian Gas Flare Commercialisation Programme (NGFCP), Monday, commenced pre-qualification of over 250 companies that have submitted their expression of interest to bid for 178…
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