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FG Secures $238m Loan from Japan to Boost National Power Grid

FG Secures $238m Loan from Japan to Boost National Power Grid The Federal Government has secured a $238 million loan facility from the Japan International Cooperation Agency (JICA) to strengthen Nigeria’s national power grid. The deal was finalized during high-level engagements at the Ninth Tokyo International...

NNPC Commences Natural Gas Export To China, Japan

NNPC Commences Natural Gas Export To China, Japan The Nigerian National Petroleum Company Limited (NNPCL) has commenced shipment of Liquefied Natural Gas cargoes to Japan and China on a Delivered Ex-Ship basis. It said the move was in line with its strategic vision to be a...

Last Man Standing: Alhaji Aminu Dantata @ 90, by Munzali Dantata

Last Man Standing: Alhaji Aminu Dantata @ 90, by Munzali Dantata     Aminu Dantata was one of the eighteen surviving offsprings of Alhassan Dantata when I was growing up in the 1960s. Most of them lived on the same street founded by their father, around 1910,...

AI Technology and National Security Initiatives, by Inyene Ibanga

AI Technology and National Security Initiatives, by Inyene Ibanga     Governments around the world are developing integrated frameworks for the adoption and deployment of information and communications technology (ICT) in their national security architectures. Today, technology is playing a significant role in the operations of various security/defence...

Nigeria Rebalances OPEC Quota Compliance, Cuts Output By 7%

Nigeria Rebalances OPEC Quota Compliance, Cuts Output By 7%       Nigeria has been forced to rebalance its oil output, effecting about 7.0 percent cut back on its oil output to re-align with the quota imposed by the Organisation of Petroleum Exporting Countries, OPEC. The nation’s output in...

Rising Oil Price Puts More Pressure on NNPC’s Finances

Rising Oil Price Puts More Pressure on NNPC’s Finances       Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more pressure on the ability of the Nigerian National Petroleum Corporation (NNPC)...