Oando shares move up 10% on Stock Exchange

The shares of troubled energy trader, Oando Nigeria Plc, moved up the maximum 10 per cent to N6.99, within the first one hour of trading on the Nigerian Stock Exchange (NSE) on Wednesday. File Photo Stock trader and Chief Executive of Cowry Asset Management, Mr Johnson Chukwu, told Channels Television that investors demand for the shares of Oando topped More...

by Uchenna Ajah | Published 6 months ago
By Uchenna Ajah On Tuesday, March 20th, 2018
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NNPC set to revive four refineries

The Nigerian National Petroleum Corporation (NNPC) has vowed to get the nation’s four refineries back to their optimal, working capacities. Dr Maikanti Baru, GMD, NNPC Group Managing Director of the corporation, More...

By Uchenna Ajah On Tuesday, March 20th, 2018
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NNPC operations to go digital

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation is poised to go paperless in its operations soon, as part of efforts to ensure transformation More...

By Uchenna Ajah On Sunday, March 18th, 2018
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Falana slams NNPC for failing to reveal financial information

Human rights lawyer, Femi Falana, has criticised the Nigerian National Petroleum Corporation (NNPC) for rejecting a Freedom of Information request he made concerning the operations and finances of the corporation. Falana Falana More...

By Uchenna Ajah On Friday, March 16th, 2018
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Niger Delta oil spills: Amnesty Int’l accuses Shell, Eni of negligence

Rights group, Amnesty International, has faulted reports of oil spills in the Niger Delta by Shell and Eni, and is asking the Federal Government re-open investigations into 89 oil spills in the region. According More...

By Uchenna Ajah On Saturday, February 17th, 2018
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Bayelsa tour: Obasanjo lays foundation for refinery

Former President Olusegun Obasanjo continued his visit to Bayelsa State after inaugurating some projects of the state government on Friday. Former President Olusegun Obasanjo lays the foundation for the establishment More...

By Uchenna Ajah On Friday, February 16th, 2018
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NNPC dispatches 29.058m litres of PMS to 13 states

The Nigerian National Petroleum Corporation (NNPC) said it supplied a total of 29.058 million litres of Premium Motor Spirit (PMS) popularly known as petrol to thirteen Northern states in three days. In its report More...

By Uchenna Ajah On Friday, February 16th, 2018
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Power: Nigeria gets $486m W/Bank credit

World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity Transmission Project will More...

By Uchenna Ajah On Wednesday, January 31st, 2018
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Don’t engage in panic buying NNPC warns motorists

The Nigerian National Petroleum Corporation (NNPC) has called on motorists and other petroleum products consumers in Abuja and its environs not to engage in panic buying of products. It assured that the corporation More...