NNPC Top Management Signs Performance Bond Keen on delivering on his mandate, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged members of his management team to work assiduously to deliver on the...

The Nigerian Cybercrime Conundrum By Emmanuel Otiotio Jnr In our contemporary Nigeria, several internet assisted crimes known as cybercrimes are committed daily in various forms such as fraudulent electronic mails, pornography, identity theft, hacking, cyber harassment, spamming, Automated Teller Machine spoofing,...

Golar LNG Secures $180m Loan Golar LNG, a Bermuda-registered shipping firm has secured a number of charter deals and a new loan, it said in its second quarter of 2019 financial report. Golar LNG fixed four LNG carriers on floating rate...

SEC Urges Shareholders of Defunct Afribank to Claim their Dividends The Securities and Exchange Commission (SEC) has asked shareholders of the defunct Afribank Plc to claim their dividends. SEC said this is part of its investor protection programme and as well...

Eni Makes Big discovery in gas and condensates onshore Niger Delta Italian oil firm Eni has made a major discovery onshore Nigeria, with reserves estimated at one trillion cubic feet of gas and 60 million barrels of condensate. The significant gas...

KEDCO Rattles TCN Over N3.2bn Judgment Debt The Transmission Company of Nigeria (TCN) is under intense pressure to pay Kano Electricity Distribution Company (KEDCO) a judgment debt running to N3.2bn. The development is sequel to an arbitration midwifed by the Nigeria...