The World Bank-led Global Gas Flaring Reduction (GGFR) partnership has called on oil producers, both countries and companies, to reduce flaring of natural gas associated with oil production by 30 per cent by 2017. This would reduce flaring from 140 bcm...
The management of NNPC has dissociated itself from the allegation of exporting crude oil using forged export clearance permit. This is contained in a statement issued by Mr Fidel Pepple, the acting Group General Manager, Public Affairs Division of the ...
The price of petrol has risen to N120 per litre in parts of Kwara against the official price of N97, the News Agency of Nigeria (NAN) reports. A correspondent of NAN reports that the price prevailed at the Total petrol station in Offa, MRS and Total in...
Princess Maxima, United Nations Secretary General’s Special Advocate for Inclusive Finance for Development, on Wednesday said all stakeholders must collaborate to ensure financial inclusion in Nigeria. Maxima said this while briefing newsmen on t...
The Group Managing Director of NNPC, Mr Andrew Yakubu, said on Tuesday that the Federal Government was keying into Nigeria’s abundant hydrocarbon resources to fast track socio-economic development of the nation. A statement issued by the acting G...
The 2012 Tokyo Annual Meetings of the International Monetary Fund (IMF) and the World Bank group came to a close in Tokyo Japan, with one clear message: Global growth has decelerated and substantial uncertainties and downside risks remain. The 26...
Mr. Kehinde Lawanson, Executive Director, Corporate Banking of First Bank Nigeria Plc who was at the just concluded US-Nigeria Infrastructure Conference in Washington DC spoke with ABIODUN OLUWAROTIMI, LEADERSHIP Bureau Chief in the US on corruption, i...
Nigeria’s lottery market can generate over N350 billion for the Federal Government annually if properly harnessed, the Director General of the National Lottery Regulatory Commission (NLRC), Mr Peter Igho, said on Sunday. Igho told the News Agency...
The Kano State Government is to spend N72.5 billion on the construction of roads this year. The state's Commissioner for Lands and Physical Planning, Alhaji Mohammed Yahaya, made the announcement on Sunday while speaking with newsmen, shortly after...
The long queues for petrol by motorists and other users have disappeared at filling stations in Abuja following NNPC’s increased supply of the product, the News Agency of Nigeria (NAN) reports. A NAN correspondent, who visited major filling stati...
Hajiya Maryam Ibrahim, president of the Association of National Accountants of Nigeria (ANAN) says Nigeria needs no fewer than 100, 000 professional accountants for effective coverage. Ibrahim, who featured at a forum of the News Agency of ...
The Association of National Accountants of Nigeria (ANAN) has called for autonomy for the Office of the Auditor-General of the Federation. Its president, Hajiya Maryam Ibrahim, made the call on Sunday in Abuja when she fielded questions at a forum of t...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Thursday said the incessant fuel queues in the country were a result of panic buying due to deliberate misinformation. Alhaji Sanusi Abdulkarim, the Kaduna Refinery and P...
The Lagos Chamber of Commerce and Industry (LCCI) has described Nigeria’s debt profile of 44 billion dollars as clog in the wheel of economic growth. Mr Goodie Ibru, the President of the LCCI, made the observation during an interview with t...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday in Abuja warned petroleum products marketers against diverting and hoarding the products. Mr Fidel Pepple, acting Group General Manager, Public Affairs Division of the NNPC, gave the warni...