NNPC Signs Gas Supply Agreement with Ssonic Petroleum for LNG Plant
NNPC has signed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd. The agreement involves the supply of 80 million standard cubic feet (mmscf) per day of natural…
EFCC Arrests Former Edo Governor, Lucky Igbinedion Over N1.6bn fraud
Lucky Igbinedion, a former governor of Edo State, has reportedly been arrested by the Economic and Financial Crimes Commission over a N1.6 billion fraud allegations. Igbinedion who was governor from…
6 Companies Licensed To Import Petrol
The Federal Government has announced that six new companies have been licensed to import petrol into Nigeria. The Managing Director of the Nigeria Mainstream and Downstream Petroleum Regulatory Authority, NMDRA,…
NNPC Suspension of Naira-for-Crude Oil Deal with Dangote, Others, Spells Price Hike
NNPC terminates naira-to-crude oil agreement with domestic refineries, turns to payment in dollars. Analysts and Economic watcher says it could lead to increase in fuel price and Naira volatility. The…
SERAP Drags FG to UN Over Invasion of Justice Odili’s Home
The Socio-Economic Rights and Accountability Project (SERAP) has called on Diego García-Sayán, the United Nation's Special Rapporteur on the independence of judges and lawyers, to “put pressure on the government…
114% Salary Increment For Tinubu, Shettima, Others Not Yet Approved — RMAFC
The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) has refuted reports that it approved raising the salaries of public servants, judges, and politicians by 114 per cent. President Bola Tinubu…
Lassa Fever: FG Tracks 357 Suspected Patients After UK Returnee’s Death
NCDC is tracking 357 persons for possible Lassa fever infection. This follows the death of a 31-year-old physician who returned from the UK and died of Lassa fever on March…
Reps Pass South-South Commission Creation Bill Despite NDDC
The House of Representatives, on Wednesday, passed a bill for its third reading to create a South-South Development Commission despite the existence of the Niger Delta Development Commission. The House…
CBN Orders Banks to Collect Social Media Handles From Customers
The Central Bank of Nigeria has ordered commercial banks to collect social media handles from customers. Daily Report Nigeria reports that the apex bank also mandated banks request for e-mail…
Renaissance Completes Acquisition of SPDC’s $2.4 bn asset in Nigeria
Shell marks end of operation in Nigeria as it finalizes transfer of equity to Renaissance Africa Energy Holdings. Renaissance achieves a milestone in Nigeria as Shell is added to its…