Furore over N 625 billion 13 percent refund to Niger Delta states: Gov. Diri unveils big ticket projects
From CHRIS EZE, Yenagoa In what is seen in many circles as a subtle reaction to the allegation of mismanaging the 13 percent derivation refund to the Niger Delta states, Bayelsa governor, Senator Douye Diri on Tuesday showcased some multi…
World crosses into 2023 with 8.008 billion people
Nigeria now world’s 6th most populous country Sopuruchi Onwuka The world population is projected to be 7.9 billion people on New Year’s Day 2023, with 73.7 million people added since New Year’s Day 2022, marking a 0.9% increase in the…
Hyundai becomes world’s 3rd largest carmaker
Hyundai is now the third largest automaker in the world by volume, behind only Volkswagen and Toyota, which are often at odds for first and second place among the biggest car companies in the world. In a little over half…
Xpeng Aeroht’s $140,000 car can fly over traffic jams
Sopuruchi Onwuka, with agency reports Chinese tech upstart, Xpeng Aeroht, is underway with an electric vehicle that could fly across traffic jams and other bad spots; making the product a unique vehicle that would operate in the road transport and…
Ronaldo lands $200m deal with Saudi club
In a deal that had been rumored for weeks, 37-year-old soccer great Cristiano Ronaldo has signed a massive two-year deal to play for Saudi Club Al Nassar FC. Saudi-owned television channel Al Arabiya and Al Nassar FC reported that that…
Gas man in the Decade of Gas: Aka Nwokedi drives NGA into 2023
Sopuruchi Onwuka As his entire life continues to swirl in the world of petroleum gas, Mr Akachukwu Adeyinka Nwokedi enters the new year with a new role that will properly define him as a complete gas man who will lead…
Automakers end Toyota Avalon, VW Passat, other models
Sopuruchi Onwuka The revolution in the energy industry and the prevailing global response to climate change have not just redefined the direction of investments in the automobile industry, they are also changing the fate of popular auto brands and models….
Nigeria makes the list of World’s most dangerous countries in 2022
Sopuruchi Onwuka With global peace index (GPI) score of 2.72, Nigeria is the of 17th most dangerous country of world’s nearly 200 nations, explaining the difficulty of the country in attracting floating global investible funds despite her abundant man and…
Big oil, global experts rally support for 24th WPC
Sopuruchi Onwuka Country organizing committee for the triennial World Petroleum Congress has declared massive industry and government support for the 24th edition of the global industry confab slated for Calgary, Canada in 2023. Media statement available to The Oracle Today…
Fuel scarcity: Market players blame government
*MOMAN pledges enhanced distribution for yuletide Sopuruchi Onwuka Key stakeholders in the Nigerian petroleum market have blamed the prevailing fuel supply instability in the country on regulatory failure, infrastructure obsolescence, acute foreign exchange crunch and lack of resource accountability by…
