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P*ssy graduate: Lawyers set to clash over PolyNek’s investigation (video)
Sopuruchi Onwuka Following the spate of public outrage over the viral video in which a fair complexioned lady claimed she graduated from the Federal Polytechnic, Nekede, with the assistance of God and her sex organ, the ground is now set…
Moody’s gloom rating hits Nigeria’s bonds
The downgrade of Nigeria’s economy by international rating agency, Moody’s, has started taking immediate tolls on the country’s debt instruments in the international money market as the report highlights increasing risks associated with the nation’s gloomy financial system. Moody’s Investors…
Daughter, Sonia, in Hospital as Ekweremadus stand trial
Daughter of former Deputy President of the Senate, Ike Ekweremadu, lay critical in hospital in the United Kingdom as London prosecutors struggle to send her parents to jail. The Senator who is detained in London and his wife who is…
Benin Republic calls Zenith to deal on Sèmè oilfield
Sopuruchi Onwuka, with agency reports Government of Benin Republic has called Zenith Energy come for negotiation on the terms of a production sharing contract (PSC) on the prospective Seme oilfield, just close to the same location Nigerian government is preparing…
Investors hit pre-qualification deadline for Nigerian mini-bid round applications
Sopuruchi Onwuka End of month deadline for investors seeking right of play in the country’s petroleum industry comes to an end today as Nigeria puts some seven exploration blocks on aiction. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) had in…
ADNOC activates $15bn decarbonization with CO2 injection project
Abu Dhabi National Oil Company (ADNOC) has launched the country’s plan to deliver on its Net Zero by 2050 ambition. ADNOC said it has started a CO2 injection well for full capture and sequestration of CO2 into Abu Dhabi’s carbonate…
Addax finally acquires Knock Adoon FPSO after protracted lease
Sopuruchi Onwuka Nigerian based independent petroleum exploration and production company, Addax, as finally taken ownership of the main production vessel which has been pumping and processing oil and gs from operated mining license offshore Niger Delta. The acquisition of the…
Moody’s sees Nigeria’s economy rolling downhill
Sopuruchi Onwuka Nigeria’s prevailing fiscal mess will have no short term fix even though there is no imminent risk of default in the nation’s debt instruments, according to the final assessment of the Nigerian economy by international rating agency, Moody’s….
Uganda to announce next bid round in May
Sopuruchi Onwuka, with agency reports Investors and players seeking assets in Uganda must start early bid packaging ahead of May when the country is scheduled announce its next exploration licensing round. Uganda’s Energy Minister Ruth Nankabirwa Ssentamu in a statement…
NAE, BW Offshore intensify renegotiation on Abo FPSO lease
Sopuruchi Onwuka Eni’s deepwater arm in Nigeria, Nigeria Agip Energy (NAE), is locked in intense negotiation with BW Offshore for retention of is key production facility at the operated Abo deepwater field, offshore Niger Delta. In the interim, the two…
