August 21, 2023
Nigeria: Fresh Oil Spill Occurs in Rivers Community
Fresh crude oil spill has occurred in Bodo City, a community in Gokana local government area of Rivers State, following a leakage from the Trans Niger Pipeline (TNP) operated by a… Read more »
Nigeria: Ex-Militant Leaders Fight Over N48bn Pipeline Contract Renewal
Another round of tension has gripped the oil industry in the Niger Delta over the renewal of the N48billion oil pipeline surveillance contract awarded to the former leader of the… Read more »
Nigeria: Analysts React As NNPCL Gets Presidential Approval for $3bn Loan
The $3 billion emergency crude repayment loan taken by the Nigerian National Petroleum Company Limited (NNPCL) from the African Export-Import (Afrexim) bank would create only a… Read more »
August 20, 2023
Nigeria: Kaduna, Google Partner to Train 5,000 Women
In a significant move towards promoting tech inclusivity, the Kaduna state government, in collaboration with Google, has announced a pioneering initiative to train 5,000 women and… Read more »
Nigeria: FCTA to Complete Abuja Rail Mass Transit in 12 Months
The multi-billion-naira Abuja Rail Mass Transit project which was abandoned for more than four years after being commissioned by President Muhammadu Buhari in 2018 may be completed… Read more »
August 19, 2023
Nigeria: Central Bank Issues New Guidelines for Bureau de Change Operators
The Central Bank of Nigeria has released fresh operational guidelines for Bureau de Change (BDC) operators in the country, fixing their allowable limits at the Nigeria Foreign… Read more »
Nigeria: Subsidy Removal - Makinde Approves Additional 16 Buses to Oyo, Saki, Ogbomoso, Others
Oyo State governor, Seyi Makinde has approved additional 16 new luxury buses to Saki, Iseyin, Ogbomoso, Oyo and Ibarapa areas of the state to cushion the effects of fuel subsidy… Read more »
Nigeria: Banks' Losses to Fraud Rise to N9.5 Billion
With over N9 billion lost to fraud in the banking system this year, the figure is projected to reach N20 billion by the end of this year even as operators in the financial system… Read more »
August 18, 2023
Nigeria: Seplat Intensifies Search for 3 Missing Crew in Capsized Rig
Seplat Energy said, there are still ongoing efforts to possibly rescue missing persons involved in a rig accident. Read more »
Nigeria: Oil Theft Triggered $10.7m Daily Loss From 2009 to 2020 - NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday said, Nigeria lost over 619.7 million barrels of crude oil valued at $46.16 billion or N16.25… Read more »
August 16, 2023
Nigeria: Federal Govt Battles Market Forces to Stabilise Petrol Pump Price
The federal government is battling to contain and stabilise the pump price of premium motor spirit (PMS) after the Read more »
August 15, 2023
Nigeria: Pfizer Rallies Stakeholders for Fight Against Illicit Drug Trade in Nigeria
The world's premier innovative biopharmaceutical company, Pfizer, has reiterated the need for industry players to join forces in creating awareness around the dangers of… Read more »
Nigeria: Shell Confirms Crude Export Resumption At Forcados
Exports of Nigeria's Forcados grade of crude oil resumed on Sunday, said Shell on Monday. Read more »
Nigeria: Niger Coup - NLC Advises Against Military Force
in the wake of the recent coup d'état in Niger Republic, the Nigeria Labour Congress (NLC) has strongly cautioned against the use of military force to restore democracy in… Read more »
Nigeria: Decade of Gas - 'Speedy Implementation Required Amid $20bn Annual Investments Needs'
With the dwindling international funding support and the expulsion of foreign interests from some parts of the continent stakeholders have made renewed calls for implementation of… Read more »
Nigeria: Central Bank Moves to Clamp Down On Forex Speculators
The Central Bank of Nigeria (CBN) has taken proactive measures to counteract the depreciation of the naira, with imminent interventions set to be unveiled within the coming days. Read more »
August 14, 2023
Nigeria: Job Racketeering - Reps, JAMB Clash Over 300 'Lopsided' Employment Slots
The House of Representatives Committee on Job Racketeering and Joint Admissions and Matriculations Board (JAMB) on Monday vehemently disagreed on the lopsided employment of 300… Read more »
Nigeria: Construction Firm to Fix Damaged Bauchi-Gombe Highway in 3 Days
The construction firm engaged by the Federal Government to fix the damaged Kaljanga Bridge on the ever-busy Bauchi-Gombe highway, Anaco Nigeria Limited, has pledged to reactivate… Read more »
August 10, 2023
Nigeria: NSCDC Destroys 100 Illegal Refineries, Steps Up Vigilance
As part of its mandate to protect critical national infrastructure, the Nigeria Security and Civil Defence Corps (NSCDC) said it has uncovered and destroyed over 100 illegal… Read more »
Nigeria: Nigeria, Others' Output Disruptions Drag OPEC+ Crude Production to 2-Year Low
Crude oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies have hit a two-year low on the back of the latest cut by the Kingdom of Saudi… Read more »
August 08, 2023
Nigeria: Time to Switch Nigerian Telecoms Sector to Clean, Sustainable Energy
In the face of global energy challenges and the critical need for sustainable practices, it is important that Nigeria explores innovative solutions to enhance energy efficiency and… Read more »
Nigeria: NAF Destroys 3 Boats With Stolen Crude in Rivers
The Air Component of Operation Delta Safe (OPDS) weekend destroyed three boats loaded with stolen crude and another illegal refinery with reservoir and tanks in Rivers State. Read more »
August 07, 2023
Nigeria: 4 Killed As Mining Site Collapses in Bauchi
At least four persons have died after a mining site collapsed on them in Yadagungume, a community in Ningi local government area of Bauchi State. Read more »
August 04, 2023
Nigeria: Withdraw Court Summons or Face Strike, NLC Tells Federal Govt
The Nigeria Labour Congress (NLC) has asked the federal government to withdraw the court summons served against it or risk nationwide strike beginning from August 14. Read more »
August 03, 2023
Nigeria: Strike - Tinubu Support Group Begs Nigerians to Be Patient With President
BAT Vanguard, one of the major campaign support groups of President Bola Ahmed Tinubu, has appealed to Nigerians to exercise patience with the president in his bid to wriggle the… Read more »