Nigeria oil, condensate reserves hit 37.01bn barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil and condensate reserves stand at 31.09 billion barrels and 5.92 billion barrels, respectively, amounting to a total of 37.01 billion…
Ogun School Teachers, Students Evacuated as Strange Odour Leaves 31 Hospitalised
…State Govt. Deploys Gas Analyzers to Trace Source of School Chemical Leak No fewer than 30 students and a teacher of Our Lady of Apostle Secondary School, Ijebu Ode, Ogun…
Okonjo-Iweala Tasks Nigeria to Lead Africa’s Single Air Transport Market Agenda
The Director-General of the World Trade Organisation (WTO), Mrs. Ngozi Okonjo-Iweala, has called on Nigeria to champion the Single African Air Transport Market (SAATM) initiative. Okonjo-Iweala made the call virtually…
Coalition rejects Elliot’s fourth-term Lagos Assembly bid
A coalition of concerned stakeholders in Surulere, Surulere Accountability Forum, says it is opposed to Mr. Desmond Elliot’s bid for a fourth term as member representing Surulere Constituency I at…
No reprieve for El-Rufai as court fixes April 14 for ruling on bail application
The Federal High Court sitting in Kaduna has set April 14 for ruling on the bail application of former Kaduna State Governor and ADC chieftain, Nasir El-Rufai. The Federal High…
Recapitalization: 33 Banks Meet New Capital Requirements, Raise N4.65 Trillion in 24 Months – CBN
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024. This is disclosed in a statement issued on Wednesday…
Navy hands over 3 Ghanaian stowaways to immigration
The Nigerian Navy Ship (NNS) BEECROFT on Wednesday handed over three suspected Ghanian stowaways, rescued from a merchant vessel, MT ANATOLIA, to the Nigeria Immigration Service (NIS). The Commander of…
NLNG: Adeleye Falade assumes office as MD/CEO
Adeleye Falade has officially assumed office as the Managing Director and Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG). He took up the role on Wednesday at the company’s…
Middle-East crisis: How Tinubu’s policy of naira-for-crude guarantees supply security in Nigeria, by Temitope Ajayi
President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the NNPC to the Dangote…
Naira Notes Produced Locally on Buhari’s Orders, EFCC Witness Tells Court in Emefiele Trial
…Alleges Emefiele Bypassed Board to Secure Currency Redesign A prosecution witness , Chinedu Eneanya, told an Abuja High Court that the redesigned Naira notes were produced locally as directed by…