Skip to content
Omicron highly transmissible, yet mild against the vaccinated
Sopuruchi Onwuka, with agency reports Rapid study about the nature and structure of the new variant of coronavirus, Omicron, has doused fears that the new strain of the vector might spike a new wave of pandemic across the globe. Survey…
United Nigeria adds Airbus A320 to fleet
Sopuruchi Onwuka Rising indigenous airline, United Nigeria Airlines (UNA), has announced introduction of the high capacity A320 aircraft, into its domestic flight operations. Head of Corporate Communications, Mr Achilleus-Chud Uchegbu, stated that the addition of the large seater plane to…
Rape of Abia: Ikpeazu’s takes N16.67m daily as security vote
T A Orji carted N48 bn security vote Billions poured on abandoned projects Sopuruchi Onwuka The burble on how Abia remained the worst governed state in Nigeria has been punctured by the former Attorney General and Commissioner for Justice, Umeh…
Investors declare Nigerian Content Policy successful
NNPC Limited to domesticate 80% of transactions Sopuruchi Onwuka Players across the streams in the Nigerian petroleum industry have declared the local content policy in the country very successful despite visible disputes that have clogged its smooth implementation in the…
JP Morgan sees oil hitting $125 in 2022
Crude oil could soar to $125 per barrel next year and $150 in 2023 due to OPEC’s limited capacity to boost production, JP Morgan analysts said in a new report. “OPEC+ is not immune to the impacts of underinvestment…. We…
PIA: IOCs plan $60 bn FID on 6 deepwater projects
Sopuruchi Onwuka International oil companies that hold substantial reserves in the Nigerian deepwater basin will ink landmark final investment decisions (FIDs) on six offshore oil and gas developments by next year, ending over 12 years of activity lull in the…
NCDMB disburses $350m from $300m NCI Fund
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has disbursed significant $350 million or N157.5 billion to various oil service and community contractors involved in providing goods and services to the petroleum industry. The disbursed fund amounting to…
Deregulation: Stakeholders demand local refining, energy diversification
Sopuruchi Onwuka Thought leaders in the Nigerian petroleum industry hold strongly that the prevailing debate on the best ways to shape the local fuel market under the new Petroleum Industry Act is to totally domesticate production and liberalize the market….
Drug makers rise to Omicron challenge
Sopuruchi Onwuka Leading pharmaceutical companies in the world which are currently innovating solutions to the ravaging coronavirus pandemic are now facing up to the panic about the latest strain of the virus described by the World health Organization as Omicron….
14 finalists for the 2021 Wole Soyinka Award for Investigative Reporting
The board of judges for the 2021 Wole Soyinka Award for Investigative Reporting has selected 14 finalists, five female reporters and nine male, for the 16th edition of the annual award. Chief Executive Officer of the center, Mrs Motunrayo Alaka,…
