Posts

Oil crash: Nigeria producing at $5 per barrel loss

As oil prices continue on the downward slide, Nigerian oil firms may be producing at up to $5/barrel loss, as average production costs for independent and marginal field producers... ...[Vanguard News] »

I would remain in APC as long as Buhari is there – Shehu Sani

Senator Shehu Sani, the Senator Representing Kaduna Central has said he will remain with the ruling political party in Nigeria, the All Progressives Congress as long as Nigeria’s president... ....[P.M. News] »

Customs generates N904bn for 2015 amid lowering imports, porous borders

Despite the drop in import volumes and heightening activities of smugglers across the country’s porous borders, the Nigeria Customs Service (NCS), generated N904 billion in 2015... ...[BusinessDay] »

Reps threaten to arrest EFCC boss, Magu

The House of Representatives Ad-hoc Committee, investigating alleged fraudulent practices in the collection and management of non-oil revenue remittances by MDAs, has threatened to issue a warrant... ....[DailyPost] »

Navy discovers illegal oil bunkering site on government facility

The Nigerian Navy says it has uncovered an illegal oil bunkering site at the government-owned Ship Builders Yard facility in Port Harcourt. Commodore Sanusi Ibrahim, the Commander of the Nigerian... ....[DailyPost] »

Herdsmen kill DPO, 40 others in Adamawa

No fewer than 40 persons including the Divisional Police Officer in-charge of Vunokilang Police Station in Girei Local Government Area of Adamawa State, CSP Okozie Okafor, were feared killed... ...[New Telegraph] »

NNPC records N255bn loss, remits N1trn to FAAC

The Nigerian National Petroleum Corporation (NNPC) has revealed that it lost N255 billion at the close of business in 2015. The corporation, in the January 2016 edition of its Energy... ...[New Telegraph] »