Business | NEWS RANGERS

NNPC Reacts To Atiku’s Allegation Of OVH Acquisition By Tinubu

LAGOS AUGUST 23RD (NEWSRANGERS)-The Nigerian National Petroleum Corporation Limited (NNPCL) has reacted to a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar in which he was quoted to have lamented “the criminal hijack of the NNPC by corporate cabals around the current President”. In the […]

Aug 23 2024 | Posted in Business,National | Read More »

NNPC Shares Update On Northern Oil Exploration Efforts, Pledges Continued Support For FG’s Ambition In Frontier Regions

LAGOS AUGUST 23RD (NEWSRANGERS)-The Nigerian National Petroleum Company Limited (NNPC) has provided updates on its crude oil exploration activities in the Northern part of the country, reiterating its commitment to achieving the Federal Government’s aspirations in the frontier basins. “The company has been actively drilling in basins in and around Northern Nigeria, as a result […]

Aug 23 2024 | Posted in Business,National | Read More »

FG Slams N555.8m Fine On Fidelity Bank For Allegedly Violating Customer Data

LAGOS AUGUST 21ST (NEWSRANGERS)-The Federal government through the National Data Protection Commission has slammed Fidelity Bank with a fine of N555.8 million for allegedly violating customer data protection laws. This announcement was made by the commission’s National Commissioner, Vincent Olatunji, at the Validation Workshop on the Nigeria Data Protection Act General Application and Implementation Directive […]

Aug 21 2024 | Posted in Business,National | Read More »

Chinese Firm Impounds Nigeria’s Guest Houses In UK, Offers For $2.2m Sale

LAGOS AUGUST 21ST (NEWSRANGERS)-Zhongshang Fucheng Industrial Investment Ltd, the Chinese investment group involved in legal dispute with Nigeria over alleged contract breach by Ogun State government, has concluded plans to list two residential structures in Liverpool it confiscated from the country for sale on global online marketplace eBay. This is as it races to recover […]

Aug 21 2024 | Posted in Business,International,National | Read More »

‘SPDC’s Support Nurturing Next-Generation Energy Experts’

LAGOS AUGUST 21ST (NEWSRANGERS)-A leading academic has identified the targeted investments in education by the Shell Petroleum Development Company (SPDC) Joint Venture as a catalyst for addressing Nigeria’s energy challenges. Professor Anene Moneke, Director of the NNPC/SPDC/TotalEnergies/NAOC Joint Venture Centre of Excellence in Environmental Management and Green Energy (CEMAGE) and holder of the NNPC/SPDC JV […]

Aug 21 2024 | Posted in Business,National | Read More »

NNPC Debunks Owing International Oil Traders $6.8bn

LAGOS AUGUST 19TH (NEWSRANGERS)-The Nigerian National Petroleum Company Limited has denied owing international oil traders $6.8 bn. The company also refuted claims that it has not remitted funds into the federation account since January. NNPC Chief Corporate Communications Officer Olufemi Soneye responded to various allegations against the state-owned energy firm in a statement on Sunday. […]

Aug 19 2024 | Posted in Business,International,National | Read More »

Ado-Ekiti Monarch Has No Constitutional Power To Regulate Prices Of Foodstuff-Omirhobo

LAGOS AUGUST 15TH (NEWSRANGERS)-Lagos lawyer and human right activist, Chief (Barr.) Malcolm Omirhobo has stated that the Ewi of Ado Ekiti, Oba Rufus Adejugbe has no constitutional right to regulate food prices or order traders in the markets not to sell their foodstuff beyond stipulated prices. Recall that Oba Rufus Adejugbe, has cancelled various traders’ […]

Aug 15 2024 | Posted in Business,National | Read More »

Again, Port Harcourt Refinery Fails To Commence Operation After Sixth Postponements

LAGOS AUGUST 15TH (NEWSRANGERS)-The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements, The PUNCH reports. It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the […]

Aug 15 2024 | Posted in Business,National | Read More »

Kyari Urges Military To Sustain War Against Crude Oil Theft, Confirms Improved Growth Production

LAGOS AUGUST 14TH (NEWSRANGERS)-The Group CEO of NNPC Ltd., Mr. Mele Kyari, has called on the military to sustain the war against crude oil theft and pipeline vandalism saying the current onslaught against the menace has yielded improved growth in the nation’s crude oil production. Kyari made this appeal when he received in audience the […]

Aug 14 2024 | Posted in Business,National | Read More »

We Are Reviewing How 300 NSDP Cadets In India University Are Being Engaged- NIMASA DG

LAGOS AUGUST 13TH (NEWSRNAGERS)- The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dayo Mobereola has revealed that the Agency have not decided to bring National Seafarers Development Program (NSDP) cadets studying at Centurion University in India to back home. Mobereola who made the disclosure at the Eko Hotels in Lagos on […]

Aug 13 2024 | Posted in Business,National | Read More »