NNPC shifts focus from revenue growth to production as profit hits ₦7.2trn
NNPC shifts focus from revenue growth to production as profit hits ₦7.2trn By Onu Okorie Nigerian National Petroleum Company Limited (NNPC Ltd.) is banking on higher crude oil and gas production, alongside a planned $60 billion investment programme, to sustain its earnings momentum after posting […]
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PETROAN targets direct refinery supply to cut import dependence
PETROAN targets direct refinery supply to cut import dependence By Onu Okorie Petroleum Products Retail Outlets Owners Association of Nigeria PETROAN is moving to reshape Nigeria’s downstream petroleum market by developing direct supply arrangements with indigenous refineries, a strategy aimed at reducing retailers’ exposure to […]
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CBN: 33 Banks raise N4.65trn in two-year recapitalisation exercise
CBN: 33 Banks raise N4.65trn in two-year recapitalisation exercise By Onu Okorie Central Bank of Nigeria CBN has disclosed that 33 banks met the revised minimum capital requirements at the end of the two-year recapitalisation programme, raising a combined N4.65 trillion. The apex bank said […]
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Tinubu: Train 7 critical to Nigeria’s gas economy
FAAC records improved statutory revenue of ₦4.359trn in July 2026 … approves ₦3.007trn for FG, States, LGAs amist N4.359trin revenue By Onu Okorie Federation Account Allocation Committee FAAC has recorded a significant improvement in statutory revenue, with gross statutory revenue in the month of July […]
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Umahi Leads Urgent Intervention on Benin-Agbor-Asaba, Ifaki-Kabba-Ado Ekiti Roads
Umahi Leads Urgent Intervention on Benin-Agbor-Asaba, Ifaki-Kabba-Ado Ekiti Roads By Onu Okorie The Federal Government has ordered immediate intervention on the Benin-Agbor-Asaba road and the Ifaki-Kabba-Ado Ekiti road following growing hardship faced by motorists and commuters using the critical corridors. The Minister of Works, Senator […]
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CAPPA seeks legislative records on tobacco control Amendment Bill
CAPPA seeks legislative records on tobacco control Amendment Bill By Onu Okorie Corporate Accountability and Public Participation Africa (CAPPA) has filed a Freedom of Information (FOI) request with the National Assembly seeking comprehensive legislative records on the National Tobacco Control Act (Amendment) Bill, 2025. The […]
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Ibadan-Ijebu Ode dualisation to unlock economic potential across Lagos-Ogun-Oyo axis — Umahi
Ibadan-Ijebu Ode dualisation to unlock economic potential across Lagos-Ogun-Oyo axis — Umahi ….promises end to “temporary fixes” By Onu Okorie Minister of Works, Senator Engr. David Nweze Umahi, has stated that the dualisation of the Ibadan–Ijebu Ode Road will open up new economic opportunities across […]
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Goronyo reiterates President Tinubu’s commitment to delivering critical infrastructure,
Goronyo reiterates President Tinubu’s commitment to delivering critical infrastructure, By Onu Okorie Federal Government has reaffirmed its commitment to delivering critical road infrastructure capable of driving economic growth, improving connectivity and enhancing the quality of life of Nigerians. Minister of State for Works, Rt. Hon. […]
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FRSC–INDIAN UNIVERSITY TRAINING: BUILDING RESILIENT PERSONNEL FOR SAFER ROADS AND STRONGER SECURITY MANAGEMENT
FRSC–INDIAN UNIVERSITY TRAINING: BUILDING RESILIENT PERSONNEL FOR SAFER ROADS AND STRONGER SECURITY MANAGEMENT By Ohaeri Osondu The recent training programme organised by the Federal Road Safety Corps in collaboration with Rashtriya Raksha University Gujarat in India on stress management and emotional well-being for personnel of […]
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Customs, WCO strengthen anti-corruption framework
Customs, WCO Strengthen Anti-Corruption Framework By Onu Okorie Nigeria Customs Service (NCS), in collaboration with the World Customs Organisation (WCO) and the United Kingdom International Development, has intensified efforts to strengthen its internal anti-corruption framework through a workshop on corruption risk analysis, risk mapping and […]
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FG eyes $21bn investment from Bonga Southwest/Aparo Deepwater Project
FG eyes $21bn investment from Bonga Southwest/Aparo Deepwater Project …… NNPC, Partners sign key agreements By Onu Okorie Nigerian National Petroleum Company Limited NNPC Ltd and its OML 118 contractor partners have signed critical agreements aimed at advancing the Bonga Southwest/Aparo deep water project toward […]
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Dangote refinery utilization slips to 71%, says NMDPRA
Dangote refinery utilization slips to 71%, says NMDPRA ……. Nigeria’s daily receipts of PMS, 45.5 million litres ……..Ajaokuta–Kaduna–Kano gas pipeline project 94.8% completed By Onu Okorie Dangote Refinery, Africa’s largest, posted an average capacity utilization of 71.09 percent in July, a decline from previors months. […]
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Umahi emerges Deputy Director-General President Tinubu’s 2027 campaign council
Umahi emerges Deputy Director-General President Tinubu’s 2027 campaign council By Onu Okorie President Bola Ahmed Tinubu, has approved the constitution of the 2027 All Progressives Congress APC Presidential Campaign Council, bringing together senior political leaders, experienced strategists and grassroots mobilisers ahead of the 2027 General […]
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