Reprieve as OPEC exempts Nigeria from production cut, cites militancy in Niger Delta
The Organisation of Petroleum Exporting Countries ( OPEC ) has agreed to further extend the agreement to cut global oil production by 1.2 million barrel per day till April, 2018….
I will wipe corruption out in 12 months, Magu boasts
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has vowed to end corruption in Nigeria in the next 12 months. He made the promise during…
Get out of here! China orders US out of its territory
A U.S. Navy destroyer in the vicinity of a man-made island in the South China Sea was told to leave the area by Chinese warships, a Chinese defense official said…
Benue LG pensioners owed 70 months arrears entitlements, hold vigil at Govt House gate
Local government pensioners Tuesday night held vigil at the gate of Benue State Government House in Makurdi, over the alleged refusal of the state government to pay their over 70…
Nigeria has $2.3bn Excess Crude Account balance, AGF tells NEC
HIGHLIGHTS OF NEC (4TH IN 2017) 77TH NEC MEETING – THURSDAY, 25TH MAY, 2017 REPORT ON EXCESS CRUDE ACCOUNT BY ACCOUNTANT GENERAL OF THE FEDERATION ∑ The Accountant General of…
Nigeria to close embassies in five countries
The Federal Government has approved the closure of five foreign missions and embassies, Minister of Foreign Affairs, Mr Geoffrey Onyeama said. Onyeama told newsmen in Abuja on Thursday, but he…
50 years after Biafra, Osinbajo says ‘we are greater together than being apart’
Acting President Yemi Osinbajo, SAN, has underscored the need for Nigerian leaders to give the younger generation the vision on a pathway to unity in diversity. Prof. Osinbajo made the…
Nigeria adopts wait and see to join OPEC production caps; Kachikwu says peace in Niger Delta is a decider
Nigeria is not opposed to joining OPEC production caps but will have to wait and see production back to acceptable levels. The Minister of State for Petroleum Resources, Dr. Ibe…
FCT AIDS/HIV control agency claims it spends N3bn annually on drugs
The Federal Capital Territory (FCT) Agency for Control of HIV/AIDS (FACA) says it expends about N3 billion annually on Anti-Retroviral drugs (ARV) for HIV patients in the territory. The Project…
17 years after, Senate passes Petroleum Industry Bill
The Senate on Thursday passed the Petroleum Industry Bill (PIB) after 17 year of consideration: The bill has been passed as the Petroleum Industry Governance Bill (PIGB). It is the…