Monday, 18th October 2021
Breaking News:


13 Oct
The Federal Government has said it is targeting to add $150 billion to Nigeria’s foreign reserves from non-oil exports in the next 10 years. It also hoped to create 500,000 additional
6 Oct
Nigeria’s daily crude oil production volume appears to have received a boost from improved production from the recently acquired OML 17, by Tony Elumelu, having risen to 50,000 barrels
21 Sep
As President Muhammadu Buhari incorporates the Nigerian National Petroleum Company (NNPC) Limited and appoints members into its board, an oil and gas expert, Camillo Atampugre
16 Sep
The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by the end of December this year
10 Sep
The Federal Government has stated that the country is currently on track as regards policies and strategies that will turn the country to Africa’s investment hub in the oil and gas industry.
2 Sep
The Organisation of Petroleum Exporting Countries (OPEC) and its allies expect oil markets to stay tight through to the end of this year before flipping into surplus next year.
31 Aug
The Department of Petroleum Resources (DPR) says the Federal Government’s plans to increase the nation’s oil and gas reserves, are on course and being boosted by strategic policies and programmes.
18 Aug
Nigeria needs every revenue it can secure from its assets, especially oil, which has immediate gratification from its sale. However, poor production capacity due to OPEC
12 Aug
Chairman and Chief Executive Officer, NigerCo Nigeria Limited, Yabagi Sani, has said substandard metering infrastructure, haphazard determination of physical volumes
12 Aug
Oil prices recovered after trading lower following the public pressure from the United States on OPEC+ to raise oil supply more than the cartel had earlier planned
6 Aug
In the very northern part of the north of Europe lies a country that we should take note of not just for what it does but also for the things it avoids.
3 Aug
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Billah Musa, Abdulmuninu Sherif, Talle Umar and Aliyu Abdulazeez for illegal dealings in petroleum products.


1 hour ago
Insurgency in Nigeria started precisely in the Northeast and it has already taken over the whole nation as at today with the ongoing attacks on military facilities
3 hours ago
Gunmen from a suspected criminal gang attacked a village market in northwest Nigeria's Sokoto state, killing 43 people, the state government said Monday. Heavily armed gangs known locally as bandits have terrorised northwest and central Nigeria for years, raiding and looting villages, but attacks have become even more violent in recent months. "Forty-three people have…
3 hours ago
The Japanese government has earmarked 260,000 dollars in its bid towards combating piracy and kidnapping in the Gulf of Guinea (GoG).
4 hours ago
Belgian officials announced Monday they had broken up a cocaine smuggling gang, arresting 27 people in a series of raids during which they seized drugs, guns and luxury goods -- including horses.
5 hours ago
FIFA president Gianni Infantino said on Monday his controversial plans to hold a World Cup every two years will help spread the fund's football generates away from a handful of super clubs.