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Nigeria to cut Crude Oil output to conform to OPEC pact — Kyari
Mele Kolo Kyari, The Group Managing Director of the Nigerian National Petroleum Company (NNPC) said on Tuesday that Nigeria will have to cut it crude oil output to conform to OPEC pact.
He said that the September crude oil and…
Senate Proposes Law To Tax Nigerians For Using Data And DSTV
A bill for an Act to introduce tax on communication and cable television services scaled first reading at the Senate on Wednesday.
The introduction of the tax, it was learnt, was to replace the 2.2 per cent increase in the…
World Bank Appoints New Country Director For Nigeria
The World Bank on Wednesday , appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria.
Chaudhuri now replaced Mr Rachid Benmessaoud who completed his term recently.
According to a statement made…
Ameachi Makes Case For NITT Over University Status
The Minister of Transportation,Rotimi Ameachi on Sunday ,tasked the Nigerian Institute of Transport Technology (NITT) Zaria, to seek accreditation from the National Universities Commission ( NUC) to run certain diploma courses in bid for…
CRFFN To Engage Border Authorities On AfCFTA Sustainability
The Council for the Regulations of Freight Forwarding in Nigeria (CRFFN) , has assured registered practitioners that it would continue to engage the federal government and other border authorities on the sustainability of Africa Continental…
Buhari’s Damage to Nigerian Economy will take 40years to Rebuild —–Sheikh Ahmed Gunmi
Renowned Islamic scholar and preacher, Sheikh Ahmed Gunmi, on Thursday, lamented what he described as serious damage to the Nigerian economy.
He stated, that the damage done to the economy by the administration of President…
BORDER CLOSURE: PPPRA Announces Low Volume Of Petroleum Products Transported To Benin Republic
The Petroleum Products Pricing Regulatory Agency (PPPRA) has affirmed that the volume of petroleum products transported from the Nigerian National Petroleum Corporation fuel depots reduced in the wake of the recent closure of the Nigerian…
CBN begins charges on deposits, withdrawals above N500,000
The Central Bank of Nigeria on Tuesday said that the nationwide implementation of the cashless policy will begin by March 2020.
The apex bank said this in a circular to all Deposit Money Banks in the country.
It…
SPDC Deploys HD Aerial Cameras To Monitor Activities
By Mattex Omonext, Delta
Shell Petroleum Development Company of Nigeria Limited,SPDC, has deployed state-of-the-art high definition cameras for quick detection and response to crude oil spills from its facilities.
…
Why attack on Saudi leaves World without spare oil capacity
The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in nearly four months.
Here are some facts about…