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9Mobile sale not yet concluded – NCC

The Nigerian Communications Commission (NCC) has said 9Mobile sale isn’t concluded yet, and Teleology Holding hasn’t been confirmed as the new owner of 9Mobile. In a statement issued Friday, the board of NCC reassured stakeholders of its commitment to ensure

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OBIANO INAUGURATES WORLD BANK $380m COMMUNITY DEV AGENCY

* charges them on effective implementation By Kingsley Ezekwelu The governor of Anambra State ,Chief Willie Obiano has said that the the state will benefit from the $380 million provided by the World Bank for Community and Social Development Projects,(CSDP)in

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FG To Partner MDAs, State Govts On Modular Refineries Development

The Federal Government says it will  support investment  in the construction of modular refineries  to ensure the success of the initiative. The Senior Technical Adviser to the Minister of State for Petroleum Resources, Mr. Rabiu Suleiman, disclosed this at the

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TSA: NPA Receives N13.2b Payment From INTELS

INTELS Nigeria Limited has paid $42.6 million (N13.2 billion) to the Nigeria Ports Authority (NPA)’s Single Treasury Single Account (TSA), NPA Managing Director Ms Hadiza Bala Usman said yesterday. She told members of the House of Representatives Ad Hoc Committee

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INTELS Short-Changing Nigerians — Reps

The House of Representatives Ad-hoc Committee investigating the termination of contract between the Nigerian Ports Authority (NPA) and the Integrated Logistics Services (INTELS) Limited on Wednesday accused INTELS of short changing Nigerians. Chairman of the House ad hoc committee, Rep.

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CBN Amendment Act Passes Second Reading, Generates Heated Debate In Senate

A bill to amend the Central Bank of Nigeria (CBN) sponsored by Senator Samuel Anyanwu representing Imo East Senatorial district scaled second reading in the Senate. The bill, if passed into law would mandate the Apex bank to subject its

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NNPC Imports 5.8b Litres Of Petrol To Solve Scarcity

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said that it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year. This was disclosed by

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Fuel Importation Gulps NNPC’s $5.8bn In Less Than 6 Months

The Nigerian National Petroleum Corporation,NNPC, said on Tuesday it had spent $5.8 billion on fuel imports since late 2017, as it combats a fuel shortage that has left people queuing for hours at filling stations and hobbled an already-struggling economy.

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NNPC Advocates Closer Ties among African Countries in Oil Sector

By Mariam Sanni, Abuja The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent. Group Managing Director of the

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