By Michael Eboh The net asset value of the Nigerian National Petroleum Corporation’s, NNPC, oil and non-oil assets appreciated by 18.53 per cent to N4.67 trillion in 2019, from N3.94 trillion recorded in its 2018 financial year. NNPC’s oil and non-oil assets, according to its recently published 2019 Audited Financial Statement, included evaluation and exploration … Read more
Stock photo of an offshore oil rig“Without natural capital accountability GDP growth is meaningless’ By Sebastine Obasi Nigeria has for two months now continued to experience rise in oil production as its rig count moved up by two, having recorded 10 in September, as against eight recorded in August. Earlier in July, the rig count … Read more
By Gabriel Ewepu Mining professionals, under the aegis of Miners’ Association of Nigeria, MAN, have called on the Federal Government to carry them along in the planned resuscitation of Ajaokuta Steel Company Limited, ASCL. This proposition is coming against the backdrop of the agreement reached between the Federal Government and the Russian government to commence … Read more
ENERGY The Federal Government plans to set up Nigerian Midstream and Downstream Petroleum Regulatory Authority to regulate operators in the midstream and downstream oil industry, under the new Petroleum Industry Bill (PIB). The new PIB is currently before the National Assembly for consideration. The downstream oil and gas sector are currently regulated by the … Read more
By Peter Egwuatu Following the impact of the Covid-19 pandemic, coupled with the #EndSARS protests that led to the looting and destruction of businesses, an economy expert has called on banks to initiate interest free loan. This is coming as Access Bank Plc announce N50 billion interest-free loans and grants to support communities, the youths, … Read more
Human rights activist and former Presidential candidate, Barrister Akere Muna has called on Cameroonians to wake up in the face of the violence perpetrated on students at a school in Kumba, South West Region of Cameroon. Atleast seven children were killed last Saturday, October 24 when armed men invaded the Mother Francisca international bilingual school … Read more
The European Union mission in Cameroon has condemned the attacks on a school in Kumba, South West Region that led to a least seven children dead and over a dozen others injured. The children were killed last Saturday, October 24 when armed men invaded the Mother Francisca international bilingual school in Fiango, Kumba, opening fire … Read more
The government of Cameroon has been urged to open thorough investigations into the killing of seven children at a school in Kumba, South West Region by gunmen. The children were killed last Saturday, October 24 when armed men invaded the Mother Francisca international bilingual school in Fiango, Kumba, opening fire randomly before taking off. Over … Read more
The government of Cameroon has condemned the killing of children at a school in Kumba, South West Reegion, on Saturday, October 24 by unidentified gunmen. At least seven children were killed and over a dozen others injured when gunmen stormed the Mother Francisca International Bilingual Primary and Secondary School in Kumba prompting widespread condemnation. Below … Read more
The Cameroon Bar Association has condemned the brutal killing of at least seven children by gunmen in Kumba, Meme Division, in the South West Region of Cameroon. The children were killed last Saturday, October 24 when armed men invaded the Mother Francisca international bilingual school in Fiango, Kumba, opening fire randomly before taking off. Over … Read more
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