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Strong oil prices to accelerate Nigeria’s economic recovery _OPEC
Inflation remains a challenge Sopuruchi Onwuka Nigerian economy which is currently suffering galloping inflation, high unemployment rate and harsh business environment will find relief from anticipated investments in the hydrocarbon industry and improved oil revenue within the year. The Organization…
Chevron wins FIRS tax awards, denies blocking gas to NLNG
Local affiliates of Chevron Corporation in Nigeria, Chevron Nigeria Limited (CNL) and Star Deep Water Petroleum Limited (STAR), have both been honoured by the Federal Inland Revenue Service (FIRS) with top tax compliant organization awards. Corporate spokesman for Nigeria, Mr…
NSML earns SSA’s 1st terminal environmental certification for NLNG
Managers of the Nigeria LNG Limited (NLNG) Bonny Terminal, the NLNG Ship Management Limited (NSML), have earned Ecoport Port Environmental Review System (PERS) certification for its terminal, making it the first certification of its kind in any port in Sub-Saharan…
NLNG trains 20 physically-challenged people in Rivers State
20 People Living with Disabilities (PLWDs) in Port Harcourt, Rivers State, have graduated from an empowerment and skills acquisition programme fully sponsored by Nigeria LNG Limited. General Manager in charge of Public Affairs, Mr Andy Odeh, stated that the training…
Is Rotimi Amaechi An Ikwerre, Igbo or Just a Port Harcourt Boy?
By Ikeddy ISIGUZO Chibuike Rotimi Amaechi is lost in minor crowds if there is no major controversy around him. The most recent is his prevarication over whether he is Igbo or Ikwerre. Are both identities not mutually exclusive? Some have…
Ukraine war: 22m Nigerians, Sahel Africans starving
WFP seeks $777m for 6 month intervention programme Sopuruchi Onwuka Millions of people facing starvation in Sahel Africa and Nigeria will need urgent supply to avert mass undernourishment as the prices for food commodities like grains and vegetable oils reached…
S&P dents Russia’s 105-year credit integrity
Sopuruchi Onwuka International credit rating agency, Standard & Poor’s (S&P) has downgraded Russia’s foreign currency rating to “selective default” signaling increased risks that that the country would likely default on foreign debt for the first time in more than a…
Russian strike kills over 50 at Ukraine rail station
A rocket strike targeting a train station in the eastern Ukrainian city of Kramatorsk on Friday killed at least 50 people and injured dozens who were attempting to flee amid Russia’s new focus on the region, Ukrainian officials said. Five…
Selai Gas commissions refill station, gets support from NCDMB
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has applauded Selai Gas Station Limited on the commissioning of its 30 metric tons gas refilling plant located at Agege, Lagos State. Speaking at…
NNPC calls for tougher penal deterrents to oil theft
Sopuruchi Onwuka Nigerian National Petroleum Company (NNPC) Limited has called on the government to deploy stronger penal measures against crude oil theft in the country. Group Managing Director, Mallam Mele Kyari, declared that the country has lost over $5 billion…
