Expert Extol FG on AKK gas pipeline projects
An energy expert, Mr Bank-Anthony Okoroafor has commended the Federal Government efforts on the Ajaokuta- Kaduna-Kano (AKK) gas pipeline project. Okoroafor in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja said the approval of the project by the Federal Executive Council was a step in the right direction. NAN reports […]
Market Capitalization Drops By N458bn-NSE
Oando to Boost Crude Output as $2.5bn debt burden has been broken
Nigerian oil firm Oando is looking to boost crude output from next year as it breaks the back of a $2.5bn debt burden. That debt was built up through the 2014 acquisition of oil and gas assets from US giant ConocoPhillips. The borrowings will be almost 90% lower by the third quarter of 2019 and […]
Photo News: As TPCN Political Correspondent marries long-time girlfriend
Electricity Workers protest Over Meter Hoarding
Electricity workers’ union on Thursday, picketed and shut down the headquarters of Ikeja Electric (IE) and some of its other offices within the Lagos metropolis, over what the union described as deliberate hoarding of prepaid meters meant for distribution to customers amid deteriorating power supply to consumers by the power company. The union, under the […]
Comparison Between 2017 And 2018 GDP Quarter-On-Quarter
NSE $ NNPC Collaboration For Economic Development
The Nigerian Society of Engineers (NSE) and the Nigerian National Petroleum Corporation (NNPC)have pledged to work together leveraging on their respective expertise to revive projects critical to the nation’s economic development. The two organizations came to this resolution when the National President of the NSE, Engr. Adekunle Mokuolu, led the leadership of the society on […]
Revised rules Released by CBN
The Central Bank of Nigeria (CBN) has announced the release of revised rules for the clearing system of Deposit Money Banks. The apex bank’s Director of Banking and Payments System Department, Dipo Fatokun, said the circular issued to banks, mobile money operators and payment service providers was in furtherance of its mandate for the development […]
RMAFC Endorse NNPC To Improve Revenue monitor and Transparency
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has commended the Nigerian National Petroleum Corporation (NNPC) on its efforts at improving accountability and transparency. The Acting Chairman of RMAFC, Alhaji Shettima Abba Gana, gave the commendation on Wednesday when he led the management team of the commission on a courtesy call on the Group Managing […]
N’Delta group Initiatives on $2bn katsina Refinery
Groups in the Niger Delta region have said the plan by the Federal Government to collaborate with the Republic of Niger to build a $2 billion refinery in Katsina State was not of national interest. Speaking separately to our correspondent in Port Harcourt, the Ijaw Youth Council, IYC; the Movement for the Survival of […]
President Buhari Elected ECOWAS Chairman
The President was elected to the position of the Chairman of ECOWAS (Economic of West African State) on Tuesday during the 53rd session of the Authority of Heads of State and Government of ECOWAS in Lome, the Togolese capital. According to a statement by the Special Assistant to the President on Media and Publicity, […]
PTDF To Begin funding Scholars In Varsities Soon
Dr. Bello Aliyu Gusau, the Executive Secretary, Petroleum Technology Development Fund (PTDF) on Monday disclosed that the fund’s scholarships for Nigerian Universities would likely commence by the end of this month. Gusau, who gave the hint during the induction programme for the beneficiaries of the 2018/2019 Overseas Scholarship Scheme (OSS) in Abuja, noted that the […]