April 13, 2024

NDIC Pledges Improved Partnership With CBN To Strengthen Banking Sector

Mohammed Shosanya Nigeria Deposit Insurance Corporation (NDIC),has pledged to continue to collaborate with the Central Bank of Nigeria (CBN) to ensure the resilience and stability of the Nigerian banking sector. The Managing

11 months ago

Business·Insurance&Pension

FG Explains Drop In Nigeria’s Oil Output In Q1

Mohammed Shosanya Minister of State for Petroleum Resources(oil)Heineken Lokpobiri,says the drop in crude oil production in the first quarter of 2024 is due to challenges with the Trans-Niger pipeline (TNP) and the

11 months ago

Oil&Gas

Police Arrest Abductor Of Sen. Nwoko’s Legal Aide,1,340 Others

Mohammed Shosanya Operatives of the Nigeria Police Force (NPF) has arrested a suspected kidnapper of one Barr Chris Agidy, the legal aide to Senator Ned Nwoko and Mr Sunday Yahaya Zakwai, the

11 months ago

Crime/Metro

Nigeria’s Energy Sector Needs Robust Collaboration

Mercy Salawu The Society of Petroleum Engineers (SPE), Nigerian Council,has called for collaborative efforts in addressing the challenges and opportunities facing Nigeria’s energy sector. In a recent address at the opening ceremony

11 months ago

Oil&Gas

NSCDC Uncovers Illegal Crude Oil Refinery In Rivers

Mohammed Shosanya The Nigeria Security and Civil Defence Corps (NSCDC), Antivandal Squad in Rivers State have uncovered an illegal crude oil refining site in Adobi-Akwa settlement, Etche Local Government Area of Rivers

11 months ago

News·Nigeria News

Naira To Exchange Below N1,000 Per Dollar In Few Months-Report

Mohammed Shosanya A report by Goldman Sachs economists,says with the appreciation rate of the Naira in the foreign exchange market, the currency may exchange below N1,000 per Dollar in the coming months.

11 months ago

News·Nigeria News

Better And Faster Results As Shell Introduces Unmanned Survey In Nigeria

By Precious Okolobo It’s January 14, 2024, and Accession 500, a small Uncrewed Surface Vessel (USV) is riding the waves around Bonny into the history books of survey in the oil industry

11 months ago

Opinion

Kingmakers Select Olakulehin As Next Olubadan

Mohammed Shosanya The Olubadan-in-Council,has appointed the current Balogun of Ibadanland, High Chief Owolabi Akinloye Olakulehin as the 43rd Olubadan of Ibadanland. It would be recalled that High Chief Ajibola few days ago

11 months ago

News·Nigeria News

EKEDC Says More Customers Will Enjoy Minimum Of 20 Hours Power Supply

Mohammed Shosanya More customers under Eko Electricity Distribution Company’s franchise area are set to experience and enjoy a guaranteed minimum of 20 hours of power supply daily in line with the newly

11 months ago

Power

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