The Managing Director, Shell Petroleum Development Company (SPDC), Mr Osagie Okunbor, on Tuesday said that local content in the Nigerian oil and gas sector has grown tremendously in the past decade. Okunbor made the assessment while giving an oil and…
The submission of reducing the cost of governance in Nigeria, as a panacea to addressing the string of insolvency frowning at the Country, has come to assume a prime of place amidst plethora of recommendations. The call has become more…
Mr Gbenga Komolafe, Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called for the development of strategies for sustainability of Nigerian content policies in the oil and gas sector. Komolafe spoke on Tuesday at the ongoing 10th Practical…
Activities on the Nigerian Exchange Ltd. (NGX) resumed the month of December on Wednesday in red with a loss of N409 billion due to profit taking in MTN Nigeria Communications (MTNN) and 22 others. Specifically, the market capitalisation which opened…
Africa’s global bank, United Bank for Africa (UBA) Plc yet again, has reaffirmed its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading global…
The total currency in circulation in Nigeria hit an all-time high of N2.97 trillion as of October 2021, data from the central bank’s money and credit stats reveal. The currency in circulation is the total amount of physical cash represented…
The Senate has urged the Presidency to take over the Nigerian Navy Flagship “NNS ARADU’’ as a presidential asset and resuscitate it for national security and safety. NNS ARADU is the largest ship in the Nigerian Navy fleet. The resolution…
By Seun Ibiyemi The Nigeria Customs Service (NCS) on Wednesday said it intercepted 61 containers of timber woods with Duty Paid Value (DPV) of N7billion on the verge of being smuggled out of the country to the Middle-East. Speaking to…
President Muhammadu Buhari leftAbuja on Wednesday to attend EXPO 2020 Dubai in the United Arab Emirates (UAE). Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, revealed this in Abuja on Wednesday. According to Adesina, EXPO…
In this Interview with Nigerian NewsDirect, the DG, National Council for Arts and Culture, Otunba Olusegun Runsewe at the occasion of the 2021 National Festival of Arts and Culture (NAFEST) hosted in Ado-Ekiti, the Ekiti State Capital, with the theme…
