Browsing Category
Business News
MT LADY SHARON: Court Convicts 3 Illegal Oil Dealers In Lagos
Justice Chuka Austine Obiozor of Federal High Court, Ikoyi, Lagos on Thursday, convicted and sentenced the trio of Ometoruwa David, Morford Meteku and John Inneh to one year in prison for conspiracy and illegally dealing in petroleum…
FAAN Condemns Governor Fintiri, 8 Others Over Alleged Flagrant Abuse Of COVID19 Directives
The Management of the Federal Airports Authority of Nigeria (FAAN) has condemned the conduct of Adamawa State, Governor, Alhaji Ahmadu Umaru Fintiri and his aides over alleged flagrant refusal to observe directives of the Federal…
NNPC Gives Conditions for Relocation of Tank Farms, Petroleum Products Depots
The Federal Government through the Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas in Lagos and other parts of the country in…
Enugu Airport Runway For Completion By August 30, Says Aviation Minister
The Minister of Aviation, Senator Hadi Sirika, on Tuesday, said the ongoing rehabilitation of the runway of the Akanu Ibiam International Airport, Enugu, will be completed by August 30, 2020 for the reopening of the airport.
Senator…
Obudu Airport Project Gets Backing From Host Communities, As Ayade Assures Early Completion
Construction of the Obudu International Airport in Cross River state has received further impetus as the five host communities where the project is sited have declared their absolute support for the project.
This is even as Governor Ben…
Gbaramatu Leaders,Itsekiri Group Threaten To Distrupt FG’s AKK $2.8billion Gas Pipeline For $16billion EPZ Project In Delta
The Gbaramatu Traditional Council of Chiefs and the Movement for the Development of Itsekiri Oil&Gas Producing Communities, MDOGP in Warri South-West Local Government Area of Delta State on Sunday threatened to disrupt the piping of the…
NNPC Records 19 Per Cent Gas To Power Supply Increase In April
The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants which translates to 788millon standard cubic feet of gas per day (mmscfd),…
Debt Reduction The Best Way To End “Poverty Trap” For Some Countries – World Bank President
The Group of 20 major economies should extend a freeze on official bilateral debt payments by the world’s poorest countries through 2021, and permanently reduce the debt load of some of the most heavily indebted ones, World Bank President…
OML 40: Seven Feared Dead In NPDC’s Facility Explosion, As NNPC Gives Details
The Nigerian National Petroleum Corporation (NNPC) on Wednesday, reported an explosion incident which occurred at Gbetiokun, OML 40, operated by the Nigerian Petroleum Development Company (NPDC), on behalf of the NPDC/Elcrest Joint Venture.…
FG, LASG Seek Motorists Cooperation During Third Mainland Bridge Repair
The Federal Government and Lagos State Government have appealed to motorists and Lagos residents to cooperate with government and appropriate agencies during the six months partial closure of the Third Mainland Bridge for maintenance work,…