Merkel visits flood-affected areas in North Rhine Westphalia

Merkel visits flood-affected areas in North Rhine Westphalia

German Chancellor Angela Merkel arrived at flood-affected areas in North Rhine Westphalia on Tuesday, her second trip to the flood-hit region in western Germany. Together with Armin Laschet, the state’s premier and Merkel’s possible successor as chancellor after September elections, she is in Bad Muenstereifel in the Euskirchen district. Merkel promised emergency aid for the […]
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NNPC provides insight into alleged N3.8trn under-remittance from crude oil sales

NNPC provides insight into alleged N3.8trn under-remittance from crude oil sales

By Deborah Oghenebrume The Nigerian National  Petroleum Corporation, NNPC, has explained issues involving the alleged under-remittance of N3.8 trillion from crude oil sales to the Federation Account between January and December 2015. The Senate had Wednesday, faulted the NNPC over alleged under-remittance of N3.8 trillion revenue from domestic crude oil sales to the Federation Account […]

Eurafric debunks DPR’s claims on Dawes Island marginal field

Eurafric debunks DPR’s claims on Dawes Island marginal field

By Bestman Michael Eurafric Energy Limited, weekend, debunked claims by the Federal Government on the revocation of the Dawes Island marginal field and the decision to re-award it to Petralon 54. The marginal field is owned by a Joint Venture, involving Eurafric, Tako and Petralon. Addressing the House of Representatives Committee on Public Petitions, Director, Department […]

Eid-el-Kabir: Persevere, keep hope alive — Ekiti PDP Chair tells Nigerians

Eid-el-Kabir: Persevere, keep hope alive — Ekiti PDP Chair tells Nigerians

Chairman of the Peoples Democratic Party (PDP) in Ekiti State, Otunba Bisi Kolawole has called on Nigerians to renew their faith in having a united and prosperous Nigeria under the government of the PDP in the nearest future since all the actions and inactions of those presently in power depict bleakness and hopelessness.

How OPEC raised Nigeria’s output, others to stabilize oil market

How OPEC raised Nigeria’s output, others to stabilize oil market

By Udeme Akpan & Bestman Michael The Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC Ministers, popularly known as OPEC+, Sunday, increased the output of countries involved in the Declaration of Cooperation, DoC, including Nigeria. The decision, which has authorized the nation to produce 1.829 million barrels per day, mb/d from 2022, was taken at […]