Oil Production: Nigeria lacks capacity, records 315,000 bpd below new OPEC quota – Report
THE Organisation of Petroleum Exporting Countries, OPEC, Monday, disclosed that Nigeria produced 315,000 bpd, indicating a drop of 20.27 per cent below its new 1.554 million barrels per day, mb/d quota, excluding Condensate in August 2021.
Convention: Anxiety grips PDP over Secondus’ fate
. …As Oyinlola faces rivalry from S/West PDP chieftains By Dirisu Yakubu, ABUJA The inability of the various organs of the Peoples Democratic Party, PDP, to broker truce between suspended national chairman of the party, Prince Uche Secondus and the Rivers state governor, Nyesom Wike is casting doubt over the possibility of holding the national […]
Delta community raises alarm over alleged oppression, intimidation
INDEGINES of Otulu in Aniocha South Local Government Area, Delta State, Monday, raised alarm over what they described as oppression, intimidation and harassment by their neighbouring communities of Ogwashi-Uku, Ubulu-Okiti, Issele-Mkpetime and Issele-Azagba.
Sit-at-Home: Enforcers stop WAEC exams in Imo
Enforcers of the sit-at-home order that the Indigenous People of Biafra, IPOB, said it had suspended, forced the students and teachers of Comprehensive Secondary School, Nkume in Njaba Local Government Area of Imo State, to stop the English examination for the West Africa Examination Council, WAEC, on Monday.
NGX facilitates recovery of N1.44bn shares for investors
By Nkiruka Nnorom The Nigerian Exchange Limited (NGX) said it facilitated the recovery and restitution of shares valued at N1.436 billion for investors in 2020 in keeping with its strategic focus on investor protection. The NGX also compensated 49 claimants who suffered pecuniary losses with N17.02 million during the year. READ ALSO:Nigeria stock market resumes week […]
Bearish sentiment trails equities amid mixed performance of banks
•As GTB announces profit decline •MPC outcome to determine this week’s fortune By Peter Egwuatu Bearish sentiment trailed the equities market amid mixed financial performance released by banks last week with investors losing N34 billion. The market capitalisation which represents the worth of the equities in the Nigerian Exchange, NGX, closed lower at N20.455 trillion from […]
