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France, EU defy Nigerien junta’s quit order
France’s ambassador to Niger is staying put in the West African country in defiance of an ultimatum by its military rulers ordering his exit within 48 hours on Friday. French envoy Sylvain Itte was asked to leave by the junta…
Neurosurgeon plucks a worm eating Australian woman’s brain memory
A neurosurgeon investigating a woman’s mystery symptoms in an Australian hospital says she plucked a wriggling worm supposedly causing memory loss from the patient’s brain. Surgeon Hari Priya Bandi was performing a biopsy through a hole in the 64-year-old patient’s…
GCR affirms Axxela’s issuer ratings at A-(NG) / A2(NG) with a Stable Outlook
Axxela Limited (“Axxela”), one of the leading gas and power companies in Sub-Saharan Africa has announced the reaffirmation of its national scale long-term and short-term issuer ratings at A-(NG) and A2(NG) respectively, with the Outlook revised to Stable by Global…
Nigeria’s 2022 oil production flowed at 1.3 mbd
Sopuruchi Onwuka Nigeria’s average daily petroleum liquids output fell to 20-year low in 2022 when the flow of new investments in the petroleum industry also fell to record lows following disagreements over fiscal terms. According to global industry statistics compiled…
Nigeria’s energy trade charts show internal strategy mess
Sopuruchi Onwuka Nigerian energy trade losses entered a deceleration mode not because the volumes of imports championed by the Nigerian National Petroleum Company (NNPC) Limited reduced, but because the spirited audacity of private local businessmen that risked billions of Naira…
Prigozhin ignored Lukashenko’s warnings to ‘watch out’
‘I will die then, damn it!” Belarusian President Alexander Lukashenko has said he warned Wagner chief Yevgeny Prigozhin twice to watch out for threats to his life. “The first time was when I phoned him and negotiations (were taking) place…
Trump’s rating continues to surge after indictment
• Mug shot pix sets fashion trend • Campaign gets more $7.1 million after booking into Atlanta jail The approval rating of former President Donald Trump has remained strong despite his indictment and subsequent booking into jail last week of…
NCDMB deploys initial Project 100 firms, targets annual N1.6 trn value
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has deployed the first set of 17 firms from its Project 100 programmes into building local capacity for technological innovation for the domestic petroleum industry services. The agency which regulates…
NCDMB’s NCIF supports local businesses with N259 bn
Lays funding model forAfrican energy industry Sopuruchi Onwuka The Nigerian Content Intervention Fund (NCIF) of the Nigerian Content Development and Monitoring Board (NCDMB) has delivered commitment of $324 million or N38.4 billion to significant 69 local businesses in the country….
NLNG visits President Tinubu to deepen collaboration, ease of doing business
The Board of Directors and Management of Nigeria LNG Limited paid a courtesy visit to the President of the Federal Republic of Nigeria, His Excellency, President Bola Ahmed Tinubu, at the Presidential Villa in Abuja. During the visit, Chairman, NLNG…
