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Depthwize Majestic rig: 3 crew members still missing
Sopuruchi Onwuka Seplat Energy Plc has declared that its collaboration with industry stakeholders in the search and rescue of crew men of the capsized Depthwize Majestic rig was yet to account for the three missing persons. Managing Director, Mr Roger…
Comparative data challenges NNPC’s import claims
Sopuruchi Onwuka Market data from S&P Global Commodities at Sea have revealed that Nigeria’s petrol import in May averaged just 205,200 b/d or 32,595,000 liters in May, validating reports by The Oracle Today that the about 70 million liters regularly…
NCDMB lays template for Africa’s resource optimization
Sopuruchi Onwuka Nigeria has continued to provide credible guides to new African petroleum producers on optimization of resource value, empowering industry regulators and political leaders with critical lessons on averting resource curse. The Executive Secretary of the Nigerian Content Development…
NCDMB, ACAN partner on corruption-free workplace
The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitization workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the types and potential consequences of corruption…
Battalions of Ecuadorian soldiers required to move Fito
Sopuruchi Onwuka, with agency reports Battalions of some 4000 soldiers and policemen were drafted to enter the Ecuadorian prison just to relocate one man: a powerful and notorious gang leader who had threatened a presidential hopeful, Fernando Villavicencio, who was…
Nigeria tops “Most Dangerous Countries in the World in 2023”
Sopuruchi Onwuka Nigeria’s disrepute in the international investment stage has been further worsened by its ranking as the most dangerous country in the world for investors. According to the gradation by Insider Monkey which provides high quality evidence based advisory…
CBN in secret $8 bn deals with Goldman, JPMorgan
Granted unofficial N22.9 tn debt to Buhari’s govt Nigeria’s central bank disclosed huge $8.0 billion deals with JP Morgan and Goldman Sachs in documents that also confirmed it illegally advanced massive N23.18 trillion instead of statutory N252 billion to the…
Labour Party accuses APC of plotting disorder
Sopuruchi Onwuka The Labour Party has accused the ruling All Progressive Congress (APC) of making desperate efforts to create disorder and tumultuous situations ahead of rulings of the Presidential Election Petitions Tribunal (PEPT). National Publicity Secretary of LP, Obiora Ifoh,…
ICPC hosts policy dialogue on corruption
Sopuruchi Onwuka The Independent Corrupt Practices Commission (ICPC) says it has concluded plans to host its new policy dialogue aimed at addressing negative social norms and causing behavioural change in citizens. Spokesperson, Mrs. Azuka Ogugua, stated in a release at…
Oil prices become stable demand concenrns wane
Brief surge in oil prices rolled to a stop at the weekend after China’s uncertain economic outlook and a large US inventory build up addressed supply concerns. Also, pledge by Iran to increase its oil output proptly wiuped fears that…
