3 h. ago Tension as host communities threaten oil production shutdown 

Nigeria’s oil production faces a fresh crisis as host communities in Bayelsa State’s coastal region have issued a 14-day ultimatum to NNPC Exploration & Production Limited, threatening to shut down operations at Oil Mining Leases 86 and 88 if their grievances over security contracts are not addressed. The ultimatum, conveyed in a letter dated March Read More

Events

6 h. ago Tension as host communities threaten oil production shutdown

Tribune Online Tension as host communities threaten oil production shutdown Nigeria’s oil production faces a fresh crisis as host communities in Bayelsa State’s coastal region have issued a 14-day ultimatum to NNPC Exploration & Production Limited (NEPL), threatening to shut down operations at Oil Mining Leases (OMLs) 86 and 88 if their grievances over security contracts are not addressed. Tension as host communities threaten oil production shutdown Tribune Online

Events

8 h. ago Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex

Tribune Online Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex-aide A former Special Adviser on Political and Mobilisation Matters to ex-Governor Olusegun Mimiko of Ondo, Akin Akinbobola, has hailed the Dangote Refinery for sustaining production and distribution of quality petroleum products in Nigeria. Akinbobola who stated this on Tuesday in Akure, Ondo state capital, noted that Dangote’s contributions to Nigeria’s economy had been monumental and […] Dangote’s contribution to Nigeria’s economy huge — Mimiko’s ex-aide Tribune Online

Politics

18 h. ago Women Leaders Advocate Meritocracy, Equity, Visibility In Leadership Positions

Top female executives from various industries have challenged traditional workplace norms, even as they championed meritocracy, gender equity, and visibility in leadership positions. Industry leaders including the managing director of Cadbury Nigeria PLC, Oyeyimika Adeboye; asset manager at Shell Nigeria Exploration and Production Company (SNEPCo), Areje Adegoke, and head of relationship and stakeholders management at […]

Politics

20 h. ago CBN posts $23.11bn net FX reserve, strongest position in 3 years

From Adanna Nnamani, Abuja The Central Bank of Nigeria (CBN) has achieved its strongest foreign exchange reserve position in over three years, posting an impressive $23.11 billion in net reserves at the end of 2024. The development signals a robust recovery and enhanced financial stability for the country’s economy. It also reflects a substantial improvement […] The post CBN posts $23.11bn net FX reserve, strongest position in 3 years appeared first on The Sun Nigeria.

Politics

65 h. ago Nigeria Gets World Bank’s $500m Loan Approval To Boost Economic Resilience

Nigeria has secured approval for a $500 million loan from the World Bank, in a significant move to enhance economic resilience. The World Bank has approved the $500 million loan to Nigeria to support the country’s Community Action for Resilience and Economic Stimulus Program. According to information obtained from the bank’s website, the approval, which […]

Politics

3 d. ago Nigeria secures ¥12bn loan from Japan to enhance food production

From Okwe Obi, Abuja The Federal Government has secured a 12 billion Japanese Yen loan through the Japan International Cooperation Agency (JICA) to boost food production under the National Agricultural Growth Scheme and Agro-Pocket (NAGS-AP). Minister of Agriculture and Food Security Abubakar Kyari, in a statement at the weekend by the Chief Information Officer, Eremah […] The post Nigeria secures ¥12bn loan from Japan to enhance food production appeared first on The Sun Nigeria.

Politics

3 d. ago Nigeria needs productivity incentives as subsidies to enhance economic output– Experts

Economic experts have said that only by refocusing subsidies as productivity incentives in key sectors with clear return on investment read more Nigeria needs productivity incentives as subsidies to enhance economic output– Experts

Politics

4 d. ago How TracTrac drives mechanisation use for smallholder farmers

Low-scale mechanisation use in Nigeria’s agricultural sector has continued to hamper farmers’ productivity and the country’s quest to fast-track economic read more How TracTrac drives mechanisation use for smallholder farmers

Politics

4 d. ago NNPC, SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos

Tribune Online NNPC, SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos The Nigerian National Petroleum Company Ltd (NNPC) and Shell Nigeria Exploration and Production Company Ltd (SNEPCo) have donated vehicles, including a specialised ambulance, in support of security and health services in Lagos State. The Lagos State Security Trust Fund (LSSTF) received two vehicles, while an intensive care unit ambulance was given to the Federal Medical Centre, Ebute Metta. NNPC, SNEPCO donate vehicles, ambulance to boost security, healthcare in Lagos Tribune Online

Politics

5 d. ago NASENI Restates Commitment To Empowering Local Industries For Global Competitiveness

The National Agency for Science and Engineering Infrastructure (NASENI) has restated commitment to driving innovation, empowering local industries, and positioning Nigeria’s manufacturing sector for global competitiveness. Speaking at the NASENI Focus Group meeting held in Ibadan, Oyo State, which aimed to boost local manufacturing and promote made-in-Nigeria products to advance local manufacturing and boost its […]

Politics

6 d. ago Nigeria’s Juli turns to profitability as share price rises by 1,646%

Juli Plc, a marketer of pharmaceutical products to wholesale and retail sectors in Nigeria has recorded an after-tax turnaround, reporting read more Nigeria’s Juli turns to profitability as share price rises by 1,646%

Economics

7 d. ago Xi stresses developing new quality productive forces according to local conditions

By Aidoghie Paulinus   The General Secretary of the Communist Party of China (CPC) Central Committee, Chinese President and Chairman of the Central Military Commission, Xi Jinping, took part in the deliberation with his fellow deputies from the delegation of Jiangsu Province to the Second Session of the 14th National People’s Congress on the afternoon […] The post Xi stresses developing new quality productive forces according to local conditions appeared first on The Sun Nigeria.

Politics

7 d. ago Don’t compromise quality seeds for food production, NASC warns producers

By Okwe Obi, Abuja The National Agricultural Seed Council (NASC) has warned producers that the Federal Government will not compromise on seed production. NASC Acting Director General, Dr Ishiak Othman Khalid, gave the warning at the annual early generation seed (EGS) event yesterday in Abuja. According to him, seed producers, researchers, policymakers, and development partners […] The post Don’t compromise quality seeds for food production, NASC warns producers appeared first on The Sun Nigeria.

Events

7 d. ago Nigerian chocolate queens rewrite history from bean to bar against all odds

Nigeria has long been a giant in cocoa production, ranking among the world’s top exporters. Yet, for decades, the country read more Nigerian chocolate queens rewrite history from bean to bar against all odds

Politics

7 d. ago PETROAN lauds NNPCL for running Port Harcourt refinery 180 days non

The Petroleum Products Retail Outlets Owners Association of Nigeria has commended the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 days non-stop National Public Relations Officer, Dr Joseph Obele, who gave the commendation in a statement on Tuesday, also commended the host communities for their cooperation and support Read More

Politics

7 d. ago Polypropylene Production To Revitalise Textile Industry, Save Nigeria $267m – MAN

The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery and Petrochemicals will revitalise Nigeria’s struggling textile industry and save the country $267 million in import costs. The director-general of MAN, Segun Kadir-Ajayi stated this in an interview on the Channels Business Incorporated Programme. Kadir-Ajayi highlighted the […]

Politics

9 d. ago NAFDAC warns of fake contraceptive injection in Kano, Bauchi, Niger

The National Agency for Food and Drug Administration and Control has raised an alarm over the circulation of counterfeit Noristerat Injection 200mg in Nigeria. The agency disclosed that the fake contraceptive product has been found in Niger, Bauchi, and Kano States, particularly at the Coordinated Wholesale Centre in Kano. In a statement issued on Monday Read More

Events

1 week ago Abia To Achieve Total Internet Coverage In Nine Months – Alex Otti Promises

Abia State Governor, Alex Otti, has made a promising commitment to ensure every community in Abia State has internet coverage within the next nine months. The project is part of Otti’s efforts to drive economic growth, improve education, and enhance healthcare through digital connectivity. With this initiative, Abia State is poised to become a hub […] The post Abia To Achieve Total Internet Coverage In Nine Months – Alex Otti Promises appeared first on Information Nigeria.

Politics

1 week ago Troops arrest 12 suspects, destroy 19 refineries, recover 138,000 litres products

From Tony John, Port Harcourt   Troops of 6 Division Nigerian Army, have destroyed 19 artisanal refineries, with 12 suspected oil thieves arrested, as well as over 138,000 litres of stolen products confiscated across the Joint Operations Area (JOA). Acting Deputy Director, 6 Division Army Public Relations, Lieutenant Colonel Danjuma Jonah Danjuma, confirmed this in […] The post Troops arrest 12 suspects, destroy 19 refineries, recover 138,000 litres products appeared first on The Sun Nigeria.

Politics