The Nigerian National Petroleum Company (NNPC) Limited said it has ended its production sharing contract (PSC) relationship with China-based Addax Petroleum. The NNPC made the announcement via its official Twitter account on Tuesday, January 31. NNPC Group Chief Executive Officer,…
…Vows not to stay beyond May 29 …Backs U.S. visa ban on Nigerians sponsoring undemocratic agenda Olaseinde Gbenga, Abuja President Muhammadu Buhari on the issue of insecurity confronting the Country, has said that he suspects international groups that want to…
…CBN vows to unveil errant bankers As the Central Bank of Nigeria (CBN) suffers knocks over the scarcity of the new Naira notes which are unavailable to majority of Nigerians, the Department of State Services (DSS) has busted a syndicate…
…PDP denies attack By Seun David Sequel to the upturning of the election of Governor Ademola Adeleke in favour of Alhaji Gboyega Oyetola by the Osun State Governorship Election Petition Tribunal last Friday in Osogbo, no fewer that four members…
Following Sunday truck accident which recorded casualties at Ojuelegba, Lagos, the State Governor, Mr. Babajide Sanwo-Olu, after receiving an interim report of the incident, has directed the Police to speed up investigation of the matter, directing that the driver of…
The United Bank for Africa (UBA) Plc has appointed Ghanaian national Mrs Abiola Bawuah as its new Chief Executive Officer. A statement seen by NewsDirect said Mrs Bawuah will oversee the bank’s operations across Africa, excluding Nigeria. She is the…
…Says 34 countries, 20 milion farmers to benefit Bankole Taiwo, Abeokuta The African Development Bank (AFDB) says it has put in place a $1.5billion Emergency Food Production Facility to support food sufficiency in Africa. The President of the AFDB, Dr.…
…Commuters, traders suffer as commercial transporters boycott work in Osun …As CBN bows to pressure, extends deadline to February 10 …10-day extension is inadequate — CPPE …Extension of validity of old naira notes is step in the right direction –…
Ecobank scored a major victory at the Supreme Court on Friday as it won in a N5.5 billion debt dispute against Honeywell and its sister firms, Anchorage Leisures Ltd and Siloam Global Ltd. The Supreme Court dismissed an appeal by…
The Chief of Staff to the President, Professor Ibrahim Gambari has declared that the State House will lead the way in keying into the global shift towards renewable energy choices by government institutions in line with Nigeria’s Energy Transition Plan.…
