Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
Customs gets two helicopters to monitor petroleum export
After over 20 years of non monitoring of the nation’s petroleum export following the inability of the Nigeria Customs Service (NCS) saddled with the responsibility to get to the loading points, the Service has acquired two brand-new helicopters which are presently being assembled for that purpose as well as to combat smuggling.
KNOC demands restoration of OPLs 321, 323
THE Korean National Oil Company, KNOC has urged a High court sitting in Abuja to restore its two oil prospecting licences revoked earlier this year by the Federal Government over the company’s alleged inability to pay in full the signature bonus put at $485 million.
Nigeria’s gas reserves placed at 600 trillion cf
By Yemie Adeoye NIGERIA’S present gas reserves may have gotten up to 600 trillion cubic feet (tcf), away from the much reported 187 (tcf) , if a report said to be issued by the United States Geological Survey is anything to go by.
Nigeria needs efficient database to develop oil sector -Norwegian envoy
AMONG countries operating in the extractive industry, Norway is a model on transparency and has been trying to assist Nigeria in this regard.
PTDF extends upgrade programme to state universities
ABUJA – THE Petroleum Technology Development Fund will from this year extend its upgrade of departments in Nigeria universities to the state government-owned institutions.
