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FOLLOWING attacks on two oil tankers carrying petroleum products at the Strait of Hormuz, a strategic waterway in the Persian Gulf, through which one - fifth of the world's oil is transported, the International Energy Agency, IEA, on Friday…
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NIGERIA raked in $236.2 billion from the proceeds made from crude oil exports between 2014 to 2018,  according to the OPEC  latest report. This was revealed in the 54th edition of the Annual Statistical Bulletin, ASB, released by OPEC,…
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TWENTY-SIX years ago, Nigerians took to the polls on June 12, 1993, to participate in what has been described by many as the "freest and fairest” general elections in Nigerian history. M.K.O Abiola was on the verge of being declared a…
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THE Federal High Court sitting in Ikoyi, Lagos, on Monday, adjourned the trial of Touyo Omatsuli, a former Executive Director on Projects of the Niger Delta Development Commission, NDDC, and three others for allegedly laundering funds…
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The Securities and Exchange Commission, SEC, on Monday announced its decision to suspend its initial directive that Oando Plc should hold its Annual General Meeting slated for Tuesday. The apex capital market regulator in a press release…
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ON Thursday, Nigeria’s petroleum regulator Department of Petroleum Resources, DPR, announced the revoking of six oil bloc licences belonging to five oil firms in a bid to address the nation's legacy debts. The directive which was issued in…
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FOLLOWING the Securities and Exchange Commission's conclusion of its investigation into the financial irregularities by Oando PLC, it announced an interim management team led by Mutiu  Sunmonu to take over the helm of affairs that would…
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The Securities and Exchange Commission, SEC, on Friday released the final report of its investigation of Oando Plc instructing the Group Chief Executive Officer, CEO, of the company, Wale Tinubu, and other indicted board members to resign.…
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Current President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Francis Johnson, is dead. Johnson, who was the current president of PENGASSAN, died early Friday morning after failing to recover from a…
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FROM a distance, it’s hard to notice that nineteen-year Olushile Joy needs any special help. Her inability to comprehend written words has always been a constant source of worry. She has always thought school is not meant for her because…
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