News
NEITI restates commitment to sustain partnership with EFCC to fight corruption in extractive industry
To fight against corruption and restore growth in the oil, gas and mining sectors of the economy, the Nigeria Extractive Industries Transparency Initiative...
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Nigeria’s oil output receives a 275,000bpd boost after NNPC-brokered peace deal in TotalEnergies, oil workers’ rift
The perennial crisis between the management of TotalEnergies, the operator of the NNPC/TotalEnergies joint venture, and members of the Petroleum and...
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NNPC Foundation to train 200,000 graduates under its Youth Financial Literacy Scheme
The Nigerian National Petroleum Company (NNPC) Foundation has announced plans to train over 200,000 youths under its capacity-building scheme to empower beneficiaries...
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States must improve their IGR strategies to avoid over-dependence on Federal Allocation – NEITI Report
The 36 State governments in the Federation and the Federal Capital Territory (FCT) must buckle up, develop and implement strategies to...
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Inoyo, Danjuma, Enyeama: Honours Well-Deserved
By Sam Akpe It’s celebration time! Let’s beat our drums to frenzy; and call out the dancers. Where are the...
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DBN, OEAHD to train 200 North-East Women on Entrepreneurship Development Skills
Over 200 vulnerable women from the North East part of the country are to benefit from the entrepreneurial development skills...
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Federation Account: ₦5.4tr disbursed to FG, States, LGCs from N14.4tr extractive sector revenues in two years – NEITI
From a total of about ₦14.38 trillion remitted as extractive sector revenue to the Federation Account (FA) between January 1, 2020 and December 31, 2021, a total...
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Amid persistent scarcity of cash in major cities, CBN says all banknotes remain legal tender
As the December 31, 2023 deadline for phasing out from circulation as legal tender the old N1000, N500, and N200...
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How Russia-Ukraine crisis shifts demand for Nigeria’s crude oil in international markets – NNPCL
The lingering conflict between Russia and Ukraine has negatively impacted Nigeria's crude oil inflows in the international oil market, the...
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Nigeria adds another blend to ‘Bonny Light Sweet crude’, debuts with Nembe crude
... Commences export with two 950,000 barrels cargoes to France, Netherlands. Nigeria on Tuesday added another blend to her 'Bonny Light...
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