Saturday, 28th May 2022
Breaking News:


11 Jun 2020
Agriculture, health, education and security sectors, among others, have suffered degrees of neglect while the country concentrates on the economy of crude petroleum
24 May 2020
It is indeed inscrutable that government’s projection to end gas flaring over the years has failed due to several factors. But huge revenue expected from penalty payments by the oil
21 May 2020
The Federal Government, through the Department of the Petroleum Resources (DPR), yesterday, said it is yet to issue guidelines on the proposed bid rounds in Nigeria’s marginal oil fields
21 May 2020
Oil and Gas Free Zones Authority (OGFZA), has restated its commitment to continue to abide by directives from the Nigerian Export Processing Zone Authority
15 May 2020
With the disruptions in the global oil industry, causing energy imbalance and low demand for oil, one of the operators in the power value-chain, has urged the government to implement regulations
6 May 2020
With many oil majors suffering huge losses in the first quarter as a result of the effect of the coronavirus pandemic, operators are beginning to look in the direction of lower operating expenses
24 Apr 2020
The Federal Government and operators in the oil and gas sector have announced plans to deepen cost-cutting measures in order to sustain oil production, earn some revenues
12 Apr 2020
To support efforts aimed at curbing the spread of the pandemic disease, Second Coming Nigeria Limited, a liquified petroleum gas company in Umuahia, has donated 35, 000 litres
31 Mar 2020
Nigeria earned $32.63 billion (about N12 trillion) from the oil and gas sector in 2018, the Nigeria Extractive Industries Transparency Initiative (NEITI) said yesterday.
25 Mar 2020
Though the long-term impact of Coronavirus on the oil and gas sector is still unclear, there are indications that the industry could run into bankruptcy as well as headcount cut.
25 Mar 2020
Though the implementation of the Nigerian Oil and Gas Industry Content (NOGIC) Act 2010 has aided investments and development in the oil and gas industry
25 Mar 2020
With global oil prices plunging, local manufacturers have asked the Federal Government to revisit the price of gas to reflect the current market realities.


4 mins ago
There is tight security within and outside the Moshood Abiola National Stadium, Abuja,  Venue of the Peoples Democratic Party (PDP) National Convention. The News Agency of Nigeria (NAN reports presence of security officers including police, Nigeria Security and Civil Defense Corps, Department of State Security, at different locations around the stadium. Accredited delegates, media, party…
34 mins ago
President Muhammadu Buhari says African political leaders must respect the right of citizens to make their choices at elections. He warned that peoples’ right to vote and determine who leads them should not be treated lightly. Malam Garba Shehu, the president’s spokesman stated in Abuja on Saturday that Buhari gave the warning at a bilateral…
51 mins ago
Roman Abramovich said Saturday owning Chelsea had been the "honour of a lifetime" after the Premier League club said the sale to a consortium led by Todd Boehly, the co-owner of baseball's Los Angeles Dodgers, was expected to be completed by Monday. Chelsea were put on the market in early March, days before Abramovich was…
1 hour ago
Real Housewives of Lagos Stars (RHOL) Carolyna Hutchings and Toyin Lawani (Tiannah) took to Twitter to exchange words. The reality TV stars and former friends took to Twitter to accuse each other over their wrongdoings. Carolyna had called Toyin out for allegedly spreading rumours about her marriage to Musa Danjuma, which ended in 2019. She…
2 hours ago
Police Command in Bauchi on Saturday appealed to the general public to remain calm as normalcy is restored following the civil disturbance in Yelwan kagadama area of Bauchi metropolis. This is contained in a statement issued by the spokesperson of the command SP Ahmed Wakil  made available to newsmen in Bauchi. He revealed that there was…