FG invites global investors to invest in Nigeria’s energy sector
…Says IOCs invested $82 billion in deepwater outside Nigeria since 2013 The Special Adviser to the President on Energy, Olu Verheijen has urged investors to seize new opportunities…
Oborevwori pledges to partner investors with Delta’s interest
Delta State Governor, Rt. Hon. Sheriff Oborevwori, Thursday, expressed his administration’s readiness to partner with only investors who have the overall interest of the state. Governor Oborevwori disclosed this at…
Accident: Police Officer killed in multiple vehicle crash
Nov. 7, 2024 The Lagos State Emergency Management Agency (LASEMA), on Thursday, confirmed the death of a police officer in an accident involving a truck and two buses around Kara…
Military deactivates 216 illegal refining sites in 1 month
Nov. 7, 2024 The Defence Headquarters (DHQ) says the troops of Operation Delta Safe destroyed 216 illegal refining sites across the Niger Delta region in October. The Director of Defence…
Terrorist leaders in North Central begging to surrender, says DHQ
Nov. 7, 2024 The Defence Headquarters (DHQ), says some terrorists’ leaders operating in the North Central zone have indicated interest to surrender and lay down their arms. The Director of…
Navy arrests 3 suspects with stolen crude oil in A’Ibom
Nov. 7, 2024 The Nigerian Navy Forward Operating Base (FOB), Ibaka has arrested three suspected oil thieves carrying a boat containing crude oil worth N32 million in the state. The…
DHQ confirms emergence of new terrorists’ group in N/W
Nov. 7, 2024 The Defence Headquarters has confirmed the emergence of a new terrorists’ group known as ‘Lukarawas’ exacerbating insecurity in the North Western part of Nigeria. The Director of…
Oando Targets 100,000bpd Post NAOC Acquisition
Nov. 7, 2024 Nigerian multinational energy company Oando is targeting a production of 100,000 barrels per day (bpd) by 2028, following its landmark acquisition of Eni’s Nigerian Agip Oil Company…
Nissan to axe 9,000 jobs, cut production on weak China, US sales
November 7, 2024 Nissan Motor will cut 9,000 jobs and 20% of its global manufacturing capacity, the automaker said on Thursday, as it scrambles to reduce costs by $2.6 billion…
Lagos seeks investors for 4,000 MW gas-fired power plants
November 7, 2024 Nigeria’s commercial capital Lagos on Thursday invited bids for construction of up to 4,000 megawatt (MW) gas-fired power plants to cover a national grid shortfall, seeking to…