NPDC oil production to hit 250,000 bpd by 2015

NPDC oil production to hit 250,000 bpd by 2015

FOLLOWING a strategic partnership between the Nigerian National Petroleum Corporation (NNPC), Addax Petroleum and Maersk Oil geared at growing the crude oil production of the Nigerian Petroleum Development Company (NPDC), the company, a subsidiary of the NNPC is set to grow its daily oil output from its current 70,000 barrels per day to an ambitious 250,000 barrels per day by 2015.
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Our people deserve better governance in Nasarawa – Almakura

Our people deserve better governance in Nasarawa – Almakura

Alhaji Tanko Almakura the Congress for Progressive Change (CPC) governorship candidate in Nasarawa State is perhaps the strongest contender for the seat currently occupied by Governor Aliyu Akwe Doma in the forthcoming governorship contest. He spoke on his chances and why he thinks the people should prefer him to the incumbent.

China sends assistance to Japan

China sends assistance to Japan

A chartered flight to deliver China’s first round of humanitarian assistance to Japan took off from Beijing on Monday .

Ethiopian govt woos Nigerian investors

Ethiopian govt woos Nigerian investors

Mr Meles Zenawi, the Prime Minister of Ethiopia on Sunday said his government has started discussing with some Nigerian investors to get them invest in the country.

Jonathan harps on free and fair election

Jonathan harps on free and fair election

President Goodluck Jonathan on Sunday in Abuja reiterated the committment of the Federal Government to conduct a free and fair election, to earn Nigeria the respect of the international community.

2nd explosion rocks Japan nuclear plant

2nd explosion rocks Japan nuclear plant

The second hydrogen explosion in three days rocked a stricken Japanese nuclear plant Monday, sending a massive cloud of smoke into the air and injuring 11 workers. Hours later, the U.S. said it had shifted its offshore forces away from the plant after detecting low levels of radiation.

“Naira is Overvalued”! Says IMF!

“Naira is Overvalued”! Says IMF!

The International Monetary Fund (IMF) said on Thursday that the naira was overvalued and that more exchange rate flexibility would be needed to prevent the Central Bank of Nigeria from running down the foreign currency reserves to fix the rate.