News

In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over800 million barrels of crude oil, confirming the company as a pacesetter in offshore oil and gas production in the Gulf of Guinea. SNEPCo Managing Director, Bayo Ojulari In its review of the performance of the Bonga Floating Production, Storage, ...

Earlier this year, the African Union during its 30th Assembly of Heads of State and Government held in Addis Ababa, Ethiopia, declared 2018 as the African Anti-Corruption Year. This recognised the need to stifle corruption in its forms of manifestation if the continent must move forward in economic fronts, social development and deliver shared prosperity. To achieve this, African Union ...

Chairman of the Independent National Electoral Commission (INEC) in Nigeria, Prof Mahmood Yakubu, has reaffirmed the Commission’s commitment and determination to deliver credible elections in Nigeria in 2019, which will embody the concepts of inclusiveness, transparency and accountability, by also ensuring that established rules are fully, fairly and impartially enforced. “At the risk of stating the obvious, let me say ...

The Minister of State, Mines and Steel Development (MMSD), Alhaji Abubakar Bwari, has inaugurated a 13-man committee to develop a robust road map of the Nigeria’s coal assets. Bwari inaugurated the committee on Project Delivery Team for the Reinvigoration of the Coal Sector and Concession of the Nigerian Coal Corporation (NCC) coal blocks on Thursday, November 15, 2018 in Abuja. ...

Prof. Chidi Odinkalu, former Chairman of the National Human Rights Commission, has identified electoral violence, hate speech and political innumeracy as some of the major threats capable of undermining the 2019 general elections. Odinkalu, a Senior Manager, Africa Programme, Open Society Justice Initiative as well as Chair, Advisory Board, Global Rights, said this as Guest Speaker at the Second Annual ...

Nigeria’s belief in multilateralism and readiness to serve as exemplified by its many international commitments makes its bid for re-election into the International Telecommunications Union (ITU) worthy of support from countries within Africa and the globe, the Ambassador/Permanent Representative of the Nigerian Permanent Mission in Switzerland, Ambassador Audu Kadiri, has said. Ambassador Kadiri, while hosting heads of permanent missions and international agencies ...

The Second Annual Conference of the Guild of Corporate Online Publishers will hold at Sheraton Hotel, Ikeja, Lagos State on Friday, October 19, 2018, with former Governor of Ogun State, Aremo Olusegun Osoba, as Chairman. A statement signed by GOCOP’s Publicity Secretary, Olumide Iyanda, disclosed that the theme of the conference is: “Online Publishers’ Role Towards A Sustainable Economy, Credible ...

The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. He spoke at the just-concluded annual conference and exhibition of the Nigeria Council of the Society of Petroleum Engineers (SPE) where Shell Companies in Nigeria bagged the award for best ...

FBNQuest Asset Management, a part of the FBN Holdings Plc Group, has called on Nigerians in the Diaspora to take advantage of the numerous investment opportunities available in Nigeria. This call was made at the just-concluded Nigerians in Diaspora Global Development Conference in London. The conference presented a rare opportunity for Nigerians in the diaspora to engage in constructive and ...

The Chief Operating Officer, Upstream, Eni, Nigerian Agip Oil Company (NAOC), Mr Antonio Vella, says the company is considering doubling investments in the Niger Delta region due to improved security. Vella said this on Tuesday, July 31, 2018 in Abuja in a statement issued by the Spokesman of the Nigerian National Petroleum Corporation (NNPC), Mr Ndu Ughamadu. According to him, ...