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ICC Seeks Shippers’ Council Partnership To Aid Trade Facilitation

The International Chamber of Commerce (ICC) has sought the collaboration of the Nigerian Shippers’ Council (NSC) to aid trade facilitation in Africa. The Chairman, ICC Global Customs and Trade Commission, Mr. Segun Olugboyegun made the call when he led a…

Why NNPC Officials Should Resign – Peter Obi

Presidential Candidate of the Labour Party (LP) in the 2023 presidential in Nigeria, Mr. Peter Obi, Wednesday, took a swipe at the top management of the Nigerian National Petroleum Company Limited (NNPC Limited) saying they ought to immediately resign. Peter…

How Tompolo Arrested Captain, Seven Other Oil Theives Illegally Loading Crude Oil To Ghana For Years

Operatives of Tantita Security Services Limited, owned by ex-militant leader, Government Ekpemupolo, popularly known as Tompolo, have ambushed and arrested eight members of a suspected crude oil syndicate while they were pumping crude oil from a Chevron Nigeria Limited pipeline…

Virtual Canton Fair to Kick Off October 15

The China Import and Export Fair, better known as Canton Fair, will kick off its 132nd session online on October 15, 2022 with more domestic companies registering to display their products according to the fair’s organizers. “We have further opened…

Customs Seizes N200m Contraband In Two Months

Contrabands valued at over N200 million have been seized from August to date by the Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone “D”, Bauchi, Bauchi State. The Public Relations Officer, NCS, FOU, Bauchi, Umar Ab­dullahi, who disclosed this…

BREAKING: Tompolo Intercepts Massive Vessel With Illegal Crude Oil

The pipeline surveillance contract recently awarded to Tantita Security Services Limited by the Nigerian National Petroleum Company Limited (NNPCL) to assist curb oil theft and pipeline vandalism in the country, appears to be yielding targeted results. Tantita Security Personnel on…

Bala Mohammed: Promises Made, Promises Kept

By Abdul-Azeez Suleiman An election promise or campaign promise is a promise or guarantee made to the public by a candidate or political party that is trying to win an election. All over the world, with sufficiently patient voters and candidates, there are many equilibria that characterize the range of credible…

Buhari Presents N20.5tr 2023 Budget

As Nigeria’s economy continues to struggle, President Muhammadu Buhari on Friday presented the 2023 Budget totalling 20.5 trillion to the joint session of the National Assembly. According to the President, the 2023 Appropriation Bill was prepared amidst a very challenging…

Why NNPC’s N674bn Profit is Doubtful – Political Parties

….As CNPP Seeks Independent Forensic Investigation of NNPC Management, Board Members Conference Of Nigeria Political Parties (CNPP) has described figures released by the Nigerian National Petroleum Company (NNPC) Limited on Tuesday as profit after tax as very doubtful, calling for…

World Bank to Shut Down in Ebonyi Over Grant Mismanagement

The World Bank is considering shutting down its project implementation agencies in Ebonyi State, FIJ reports. In a letter dated August 31 and obtained by FIJ, the international financial institution told the Ebonyi state government that the decision was taken…

NNPC Declares Another Year’s Profit After Tax For 2021

The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared a profit after tax of N674bn. The Group Chief Executive Officer of NNPC, Mele Kyari, in Abuja said the NNPC as a corporation grew its profit after tax from N287bn…