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•Court orders forfeiture of assets to Nigeria for tax evasion, laundering Two directors of the Process and Industrial Development Limited (P&ID), an Irish engineering company, have been convicted of charges bordering on…
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The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has signed a $876 million oil and gas deal with Cold Water Petroleum Development Company (CPDC) for the development of…
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Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has reiterated the corporation’s commitment to position Nigeria as a global player in the international gas market, stressing that the…
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The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment towards harnessing Nigeria’s abundant resources for the benefit of Nigerians. The Group Managing Director of the NNPC, Mallam Mele Kyari, disclosed this…
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Federal Government, states and local governments shared a total of N720.880 billion for the month of August 2019. This was disclosed at the monthly meeting of Federation Accounts Allocation Committee (FAAC) on Thursday, The N720.880…
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Alternate Chairman of the Board of the Nigerian National Petroleum Corporation (NNPC), Dr Thomas John, has called on shareholders of the Nigerian Liquefied Natural Gas (NLNG) to maximize Nigeria’s abundant gas resources and generate more…
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The Commandant of the Armed Forces Command and Staff College Secondary School, Jaji in Kaduna State, O.O, Ogundana, has gone missing. The naval officer has not been seen for days. Reliable military sources informed PREMIUM TIMES…
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The Minister of State for Petroleum Resources Timipre Sylva yesterday declared that there are prospects for exponential growth of the nation’s oil and gas sector in future. He said the development was buttressed by the new investment…
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Most of the major players in the downstream sector of the nation’s oil and gas sector saw their profits tumble in the first six months of this year, as they lamented that their margins “are eroding”. An analysis of the financial…
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The Economic Financial Crimes Commission (EFCC) Thursday arraigned four persons for their alleged involvement in the Process and Industrial Development Nigeria Limited (P&ID) deal with the Nigerian government. The suspects, whom the…
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