27 results
- 31 Mar 2016
Nigeria Seeks Assistance from Chevron, Others to Revamp Refineries
Nigeria is in talks with oil majors Chevron, France's Total and Italy's ENI to get help revamping the ailing refineries in Africa's top crude producer, Kachikwu said. The country has been trying to…
- 18 Oct 2016
Nigeria Demands $15Bn Upfront Oil Payment from India
Nigeria is seeking a $15billion cash raising oil deal with India in a bid to shore up its foreign reserves. Ibe Kachikwu, minister of State for Petroleum who is in India, has negotiated the $15…
- 12 Feb 2016
Nigeria to Fix Refineries through Private Sector Funding
Mr. Ibe Kachikwu, minister of State for Petroleum Resources, disclosed this when Mr. Uwe Beckmeyer, German vice minister for Economic Affairs and Energy paid him a courtesy visit in Abuja, also noted…
- 9 Jan 2018
FG Proposes Two Fuel Pump Prices
Federal Government is mulling a plural fuel pricing regime, under the arrangement of the Nigeria National Petroleum Corporation (NNPC), that they would sell at N145 while independent marketers would…
- 6 Sept 2014
NigComSat Hands Over DTH Platform to PPTV
After a series of update meetings between the Nigerian Communications Satellite (NigComSat Ltd) Board and Platinum Plus Television Ltd (PPTV) management on June 5 and August 8, the Management of…
- 12 Aug 2015
Buhari Sacks MDs of NNPC Subsidiaries
President Muhammadu Buhari has fired the managing directors of the subsidiaries of the Nigerian National Petroleum Corporation (NNPC) and retired 38 top management staff of the firm, trimming down…
- 25 Apr 2016
Unguided, Non Investigative and Unprofessional Journalism
Nigeria as a country is presently undergoing series of challenges from past poor governance occasioned by negligence of oath of office and lack of vision. Due to this lack of effective and efficient…
- 30 Dec 2015
FG Approves New Petrol Prices: NNPC to Sell at Marketers N86.50k
Federal government, through the Petroleum Products Pricing Regulatory Agency (PPPRA), on Tuesday approved new pump prices of petrol starting from January 1 to March 31, 2016 under a revised pricing…
- 10 Aug 2015
Buhari Hunts for Stolen Billions @ NNPC after Futile Attempt as Military Ruler
As oil minister during military rule in the 1970s, Muhammadu Buhari oversaw the birth of the Nigerian National Petroleum Corporation (NNPC). Bloomberg reported that, now, as democratically elected…
- 25 Apr 2016
FG to Plant Tracking Devices on Fuel Trucks
The federal government is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages across the country. About 30…
- 3 Jul 2017
FG Invites IAEA to Assess Nigeria’s Nuclear, Radiation Safety Framework
Federal government, said it has invited the International Atomic Energy Agency (IAEA), to conduct an assessment of Nigeria’s nuclear and radiation regulatory framework and also undertake a review of…
- 13 Sept 2017
Group Asks Buhari to Sack Fashola, Others for Non-Performance
Centre for Anti-Corruption and Open Leadership (CACOL), a community-based and civil society organisation has called on President Muhammadu Buhari to urgently rejig his cabinet and as a matter of…
- 31 Jan 2017
UBA Strengthens Brand Affiliation on Nigerian Campuses, Unveils 15 Ambassadors
The United Bank for Africa (UBA) Plc has launched the maiden edition of its Campus Ambassador Programme with the induction of the first 15 brand ambassadors. The UBA Campus Ambassador Programme is an…
- 7 Feb 2017
Reps Uncover $1Bn Forex Racketeering Between CBN, IOCs
House of Representatives Ad hoc Committee on the Reduction of Petrol Prices has summoned Godwin Emefiele, Central Bank of Nigeria (CBN) governor, over alleged irregularities in the sale of $1billion…
- 28 Aug 2017
Sector Reforms Earns NITDA ‘Outstanding Public Institution of the Year 2017’ Award
The ICT sector reform initiatives of the National Information Technology Development Agency (NITDA) under the leadership of Dr Isa Ali Ibrahim Pantami, has gained international recognition. The…
- 10 Nov 2023
CBN Orders Staff to Declare Links with Politically Exposed Persons
Central Bank of Nigeria (CBN) has directed its staff members to declare their ‘close relatives’ in the employment of the bank. Premium Times reported that it sighted a memo by signed by Christian…
- 9 Sept 2015
Top Stories Nigerians “Googled" Most in August, 2015
Enter the ‘Embers, Nigeria! September signals the start of the ‘Year’s ending’ for many but the Month that preceded Month No. 9 was certainly not lacking in incident. The following are the stories…
- 1 Oct 2015
Fashola, Amaechi, Ngige, Make Buharis’s Ministerial List
Bukola Saraki, senate president, on Wednesday received the ministerial nominees list at about 4:56pm from the Presidency but said the content of the presidential communication would be read on…
- 7 Oct 2015
Nigerians Poke Buhari, Say He Tabled “Ministerial Compensation” List
Mixed reactions, yesterday, trailed the formal unveiling of the ministerial list sent to the Senate last week by President Muhammadu Buhari. On the list of 21 nominees whose names were read out at…
- 11 Nov 2015
Buhari Swears-in Ministers, Gives Them Portfolios
President Muhammadu Buhari at the swearing of 36 new ministers in Abuja today also assigned them portfolios. The President, who assigned to himself the Minister of Petroleum Resources, also pruned…
- 26 Nov 2015
Oil Thieves Steal $250m from Single Pipeline- NNPC
Thieves have stolen nearly $250million of petrol from a single pipeline this year, according to the Nigerian National Petroleum Corporation (NNPC). The NNPC said half a billion litres were taken from…
- 13 Mar 2016
FG Vows to Deal with Vandals of Critical Infrastructure
Federal government has warned that it will deal ruthlessly with those engaged in pipeline vandalism and the sabotage of power infrastructure that have combined to drastically reduce power…
- 26 Mar 2016
CBN in Trouble for Recruiting PMB Relatives, Others
Central Bank of Nigeria (CBN) has come under attack by some civil society leaders and lawyers who accused managment of the apex bank of secretly recruiting dozens of family members of top government…
- 11 May 2016
FG Blames Forex Problems for N145 Petrol Price
Federal government, yesterday, hiked the price of Premium Motor Spirit (PMS), also known as petrol, directing marketers to sell at between N135 and N145 per litre. The government claimed the move…
- 8 Jul 2016
Oil Workers Begin Strike, Deny Meeting with FG
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) yesterday said it did not hold any meeting with representatives of the federal government over its planned national strike,…
- 21 Nov 2016
Optimum Petroleum Announces Mayfair Assets as Minority Partner on OPL 310
Optimum Petroleum Development Limited, operator of Oil Prospecting License (OPL) 310 in the Federal Republic of Nigeria announces an operations update for activities related to the development of the…
- 24 Jan 2017
Labour Furious Over Plans to Hike Fuel Price
Organised labour in the petroleum sector has kicked against any further increase in the pump price of Premium Motor Spirit (PMS). The joint body of the Nigeria Union of Petroleum and Natural Gas…