Nigeria oil_refinery

The completion of Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry as it holds the prospect of stopping the importation of refined petroleum products by Nigeria. The Dangote Refinery will produce 650,000 barrels per day of refined petroleum products to meet all the country’s refined petroleum products needs. …

0 54

Elders of Bolo communities in Ogu/Bolo Local Government Area of Rivers State, have dragged the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu; Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, and Shell Petroleum Development Company of Nigeria Ltd., before a Federal High Court in Abuja, alleging fraud in the …

0 51

The Vice President, Yemi Osinbajo, on Sunday pushed back against allegations of contract infractions raised by the Minister of State for Petroleum, Ibe Kachikwu, saying the $25 billion the minister stated in his leaked memo to President Buhari “does not exist.” The vice-president said the Nigerian National Petroleum Corporation only conducted a shortlisting process for …

0 53

The Presidency on Sunday said no contracts worth 25 billion dollars were awarded by the Nigerian National Petroleum Corporation (NNPC). It also said that 25 billion dollars was not missing in the corporation. Mr Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, stated this in a …

0 52

Cairo was named on Monday as the most dangerous megacity for women by an international Media poll. Women’s rights experts said that the treatment of women in the Egyptian capital has worsened since a 2011 uprising seeking social change. Cairo came out worst when the Media asked experts on women’s issues in 19 megacities how …

0 56

Vice President Yemi Osinbajo at the Kingdom Summit 2017 of the Redeemed Christian Church of God (RCCG), blamed the Churches for not speaking against corruption. Osinbajo, who was at the Kings Court Parish, Victoria Island, Lagos, on Sunday, remarked that corruption in the country still existed because the church had failed to speak against. They …

0 52

Akwa United Football Club of Uyo on Sunday in Lagos carted home N10 million after defeating Niger Tornadoes in a match watched by eminent personalities. The club beat Tornadoes FC 3-2 on penalty kicks to win the maiden edition of the AITEO Cup competition, but the Niger team went home with N5 million. The News …

0 61

 Nigeria has convicted and jailed 45 Boko Haram suspects, the government said on Friday, the first sentences it has handed down in a set of mass trials that have drawn criticism for being held behind closed doors. The trials are the biggest to date in the eight-year-old militant Islamist insurgency, which has left at least …

0 55

It is not yet victory for former soccer star George Weah  in the Liberian election as  he would need to go for a run-off against incumbent vice-president Joseph Boakai. Weah ended up with 39 per cent of the votes, 11 per cent less than the 50 per cent needed to win outright. Runner-up Boakai recorded  …

0 57

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has received the 2017 Forbes Best of Africa Innovative Banking Award. He was given the award on Friday  by  the President of Forbes Customs Emerging Markets, Mr. Mark Furlong at a dinner held at the Willard Intercontinental, Washington. The President and CEO of Corporate Council …

0 47