Tuesday, 21st March 2023
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Breaking News:


15 Jun 2022
The National Industrial Court, on Wednesday, dismissed a defamation suit filed by Mr Godwin Akpan against Mobil Producing Nigeria for lacking in merit.
12 Nov 2021
Automobiles plying Nigerian roads are at risk of not getting routine maintenance because of costly lubricants and parts.
22 Jun 2021
The Federal High Court in Abuja has awarded N81.9 billion cumulative damages against Mobil Producing Nigeria Unlimited and its joint venture (JC) partner, the Nigerian National Petroleum Corporation (NNPC).
7 Jan 2020
However, from late 1950 up till 1970, the world cocoa price witnessed a continuous decline, falling by over 75% as of 1969. This engendered an increase in the cost of living and import shortages.
4 Jul 2019
Nigerian National Petroleum Corporation (NNPC) yesterday said it has paid Mobil Producing Nigeria (MPN) $833.57 million cash-call arrears. The corporation had, two years ago, signed cash-call repayment agreement with its joint venture partners to defray arrears within five years. Group Managing Director (GMD) of NNPC, Dr. Maikanti Baru, stated last night that the feat was…
17 Apr 2019
Indigenes of Kampa communities in Eastern Obolo local council of Akwa Ibom State have lost a N24.3 billion suit filed against Mobil Producing Nigeria after the Court of Appeal, Calabar Division struck it out.    In the suit filed on their behalf by one Chief Benjamin Pepple at the Federal High Court, Uyo Division, they had alleged…
13 Aug 2018
Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector of the Nigerian Stock Exchange as stock market investors lost N257 billion...
25 Jul 2018
Deregulation of Nigeria’s downstream oil industry has been identified as the panacea for the myriad of issues facing the sector, as non-government interference being...
4 Jul 2018
Trading on the floor of the Nigerian Stock Exchange (NSE), continued on a decline yesterday, occasioned by price losses impacted on major highly capitalised stocks, especially Nestle, and Mobil, resulting to a further slide in market capitalisation by N124billion.
28 Mar 2018
Price losses yesterday continued to outweigh gains on the trading floor of the Nigerian Stock Exchange (NSE), as most blue-chip companies, especially Seplat and Mobil...
16 Nov 2016
In the light of this, the then Mobil Producing Nigeria Unlimited, and now, ExxonMobil, transformed the fishing town of Ibeno and the entire Eket in Akwa-Ibom State to what it is today because their tank farm...
20 Aug 2016
Three suspected militants have been arrested by the Akwa Ibom State Police command in their hotel rooms in Eket.


1 day ago
WASHINGTON DC, United States of America, 20 March 2022, /African Media Agency/- Africa Fintech Summit is pleased to announce Prosper Africa as a Gold Sponsor for Africa Fintech Summit in 2023 to be held in Washington DC on the 12th April 2023 at the Walter E. Washington Convention Center in Washington, D.C. Prosper Africa is the U.S. Government initiative to…
1 day ago
Kwara State Governor AbdulRahman AbdulRazaq has said the overwhelming victory that the All Progressives Congress (APC) recorded in the Saturday polls underscored the desire of the citizens to continue along the path of positive progress Kwara has recorded over the past three years. “This victory is truly humbling, and we give all glory to God…
1 day ago
The Apex Igbo Socio-cultural organisation, Ohanaeze Ndigbo Worldwide has urged Federal Government to intervene into what it described as “ethnic profiling of the Igbo in Lagos State” since 2023 election began.
1 day ago
Lagos State Governor, Babajide Olusola Sanwo-Olu, has announced that the 20 per cent salary increment for civil servants in the state should take effect immediately.
1 day ago
Tells PDP Candidates to submit required documents for legal battle within 72 hours The National Secretary of the Peoples Democratic Party, Senator Samuel Anyanwu, has kicked against the results of the just-concluded Imo state House of Assembly elections which took place on Saturday. Speaking to Journalists in Abuja on Monday, Anyanwu rejected the results in…