SENATOR Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), says Oando’s acquisition of Eni’s Subsidiary, Nigerian Agip Oil Company (NAOC) will ramp up crude oil production to two million barrels per day (bpd). The Minister said the Oando company has already increased production to more than 30,000 bpd sequel to …
Read More »Reps Committee Demand Reversal of New Fuel Price
THE House of Representatives Committee on Petroleum Resources (Upstream) has demanded the reversal of fuel to old price, urging the Federal Government and the Nigerian National Petroleum Company Ltd. (NNPCL) to comply. Rep. Alhassan Ado-Doguwa, the Chairman of the committee in a statement in Abuja, described the hike in petrol …
Read More »Fuel Scarcity: Why We Cannot Determine Petrol Price – Dangote
DANGOTE Petroleum Refinery has given reasons the company could not determine its petrol price. Anthony Chiejina, Group Chief Branding and Communications Officer, in a statement on Thursday, noted that PMS market was strictly regulated. This fact, he said, was known to all oil marketers and stakeholders in the sector, hence …
Read More »BREAKING: Bandits Attack Kaduna Communities, Abduct 22
Unidentified gunmen, suspected to be bandits, have abducted 19 people in separate attacks in the Mani community near a factory in Rido Ward, Chikun Local Government Area of Kaduna State, and at Danhonu II, Millennium City, Kaduna. In the Mani community, the criminals reportedly kidnapped a woman and her three …
Read More »Why I Thought I’d be Single Forever – Lady Gaga
AMERICAN singer Lady Gaga has admitted that she thought she was going to be alone “forever” due to her level of fame. The 38-year-old, who recently announced her engagement to her boyfriend, Michael Polansky, said she’s relieved that she isn’t single anymore. “I kind of thought I was going to …
Read More »Popular Kannywood Singer Ali Jita Dumps NNPP, Joins APC
Deputy President of the Senate Barau Jibrin has received a popular Kannywood singer, Ali Isa Jita, from the New Nigeria Peoples Party, NNPP, to the All Progressives Congress, APC. This was contained in a statement issued by the Special Adviser to the Deputy President of the Senate on Media and …
Read More »EPL: Why I Left Chelsea – Gallagher reveals
FORMER Chelsea midfielder, Conor Gallagher, has said that the Blues’ inability to guarantee him a long-term future led him to leave Stamford Bridge for Atletico Madrid this summer. The England international also hit back at a suggestion that Chelsea new manager Enzo Maresca didn’t feel his profile suited his possession-heavy …
Read More »South Africa Exhumes Apartheid-era Freedom Fighters’ Remains From Zambia
SA exhumes apartheid-era freedom fighters’ remains. Credit: Lusaka City Council, @Facebook IN a significant act of remembrance and reconciliation, South Africa has commenced the exhumation of 26 apartheid-era freedom fighters who died while seeking refuge in Zambia. These heroes, who played a crucial role in the fight against apartheid, were …
Read More »Apprehension in Edo Over alleged Attack on Oshiomhole, Minister
THE camp of the Peoples Democratic Party, PDP governorship candidate in Edo State, Asue Ighodalo is expressing concern over an alleged plot to intimidate voters in the state in the guise of staged attacks on All Progressives Congress, APC chieftains including Senator Adams Oshiomhole. The plot according to PDP …
Read More »Ghana Offers Bondholders Debt Swap in $13bn Restructuring
GHANA has officially invited holders of nearly $13bn in international bonds to participate in a debt swap as part of its ongoing restructuring efforts. The announcement, made on Thursday, follows months of negotiations and comes after a preliminary agreement with two bondholder groups. Bondholders have until September 30 to accept …
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