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Heritage Energy targets 100,000bpd oil production

13.03.2025
Heritage Energy says it plans to raise daily crude production from 45,000 barrels per day to 100,000 bpd in 2030. Heritage is the operator of OML 30 on behalf of Shoreline Natural Resources and NNPC Exploration and Production Limited. The leadership of the company disclosed its future plans when it recently visited the Executive Secretary...
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Lagos to train women entrepreneurs in growth strategies

13.03.2025
The Lagos State Government has concluded plans to empower women entrepreneurs in digital and financial growth strategies to commemorate International Women’s Day 2025. The event tagged, “Empowering Women, Elevating Businesses: Digital & Financial Strategies for Growth”, is scheduled to be held on March 12, 2025, at the Women Development Centre, Agege, Lagos. The event will...
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Address overlapping laws in gas sector, NGA tells govt

13.03.2025
The Nigerian Gas Association has called for urgent reforms to address what it called overlapping laws and regulations in the gas sector, saying this has continued to increase the cost of doing business in the sector. The president of the association, Mr. Akachukwu Nwokedi, made this call during the recent NIES 2025. While commending the...
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FG approves modular refinery for Abia

13.03.2025
The Federal Government has approved a modular refinery for Abia State. Disclosing this on Tuesday in Ukwa West Local Government Area on the occasion of the official flag-off of the reconstruction of the 11.1km Obehie – Umudobia – Owaza road, the Abia State Governor, Alex Otti, said the modular refinery will be cited inside the...
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Workers petition govt as NRC sells staff quarters

13.03.2025
Staff members working with the Nigeria Railway Cooperation in Kano have petitioned the Attorney-General of the Federation, Lateef Fagbemi, over the alleged sale of their quarters by the management of the corporation’s business arm, the Nigerian Railway Properties Ltd. The staffers claimed that the NRP converted the staff quarters for private use after dislodging the...
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Oil sector reforms attracted $17bn investments – NNPC

13.03.2025
The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act 2021 and Executive Orders issued by President Bola Tinubu, attracted about $17bn in foreign investment in 2024. The Executive Vice President of Upstream, Udy Ntia, disclosed this during an investor...
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Reps pass Nigerian Insurance Reform Act

13.03.2025
The House of Representatives on Wednesday enacted the Nigeria Insurance Industry Reform Act, 2024, to provide for a comprehensive legal and regulatory framework for insurance business in Nigeria. The new Act repealed the Insurance Act, Cap 117, Laws of the Federation of Nigeria, 2004; the Marine Insurance Act, Cap M3, Laws of the Federation of...
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AfDB, IITA sign €5m deal to boost agriculture

13.03.2025
The African Development Bank Group has signed an agreement with the International Institute of Tropical Agriculture to finance Phase II of the Technologies for African Agricultural Transformation programme. The TAAT programme is a core component of the AfDB’s Feed Africa Strategy, aimed at enhancing food security by increasing the productivity of smallholder farmers. Its objective...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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