Court remands Polaris Bank staffer in prison over alleged N16.6bn fraud
A Federal High Court (FHC), Abuja, on Friday, ordered Mr Chinenye Duru, a Polaris Bank staff and account officer to Mr Victor Onukogu, to be remanded in a correctional facility…
NUPRC to engage certified experts to monitor metering facilities
In its avowed bid to drive and grow sustainable investments in Nigeria’s upstream for energy security and national economic development, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday met…
Red Sea ship diversions boost bunker fuel demand, prices in Africa, Mediterranean
January 19, 2024 The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea is altering refueling patterns and boosting demand for bunker…
Nigeria approves Shell’s decision to sell oil asset
Jan 19 2024 Nigeria backs Shell’s decision to sell its onshore oil and gas assets, Heineken Lokpobiri, minister of state for petroleum said on Thursday, and will give the necessary…
Telecoms: A time of reflection, Maida marks 100 days in office, says administration to focus on four areas to drive continuous growth
Jan. 18, 2023 As the newly appointed Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC) Dr. Aminu Maida marks his 100 days in office, he says moving forward…
CBN pays $2bn in outstanding Forex liabilities
Jan. 18, 2024 The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities across…
Interconnect debt: NCC grants Globacom 21 days extension
Jan. 18, 2024 The Nigerian Communications Commission (NCC) has suspended the phased disconnection of Globacom from MTN network for a period of 21 days. This is contained in a statement…
Kyari, at OAU, Advocates Academia-Industry Collaboration for Energy Sufficiency
…Says NNPC Ltd’s Command-and-Control Centre has Aided Battle against Crude Oil Theft, Pipeline Vandalism The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari…
NNPC Ltd’s Command-and-Control Centre has Aided Battle against Crude Oil Theft, Pipeline Vandalism – Kyari
Jan. 17, 2024 …Advocates Academia-Industry Collaboration for Energy Sufficiency, Sustainability The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Mele Kyari has called for…
OPEC sticks to 2024 oil demand view, sees more growth in 2025
Jan. 17, 2024 OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and said 2025 will see a “robust” increase in oil…