Wednesday, October 29, 2025

 

#ukraine

Russia-Ukraine Crisis Takes Its Toll on Nigeria’s Crude, says NNPCL

ED Crude & Condensate, NNPC Trading Limited, Maryamu Idris (left), fielding questions from VP Crude of Argus, James Gooder (right) at the Argus European Crude Conference in London The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into...

One Third Of World Economy To Be In Recession In 2023, Says IMF Chief, Georgieva

This year is going to be tougher on the global economy than the one we have left behind, the International Monetary Fund's (IMF) chief, Kristalina Georgieva has warned. "Why? Because the three big economies, US, EU, China, are all...

OPEC Raises Output Despite Rising Fuel Prices. . . .Approves 1.826mb/d Quota For Nigeria

The Organisation of Petroleum Exporting Countries (OPEC) and the non-member OPEC+ (a grouping of OPEC plus allied producers, including Russia, has approved a daily oil output 648, 000 barrels per day for the month of August. This was its...

FG Decries Slide In Oil, Gas Investment

The Minister of State Petroleum Resources, Timipre Sylva, has decried the rapid drop in foreign investment flow to Nigeria’s oil and gas sector. The minister also decried the speed at which Europe has been pushing back against investment in fossil...

U.S, EU Srike Energy Deal To Reduce Dependence On Rusia’s Gas

The United States and the European Commission said that they have struck a commitment to reducing Europe’s dependency on Russian energy. The position was contained in a Joint Statement between the European Commission and the United States on European Energy...

Rusia Shuts 1.4m BDP Exports Pipeline, Worsens Oil Prices Surge

Oil exports from a crucial pipeline on Russia’s Black Sea coast were fully halted on Wednesday, pushing crude prices higher amid fears that Moscow would interrupt energy supplies just as US president Joe Biden arrives in Europe to discuss...

UK Suspends Student, Work Visa Applications In Nigeria

The United Kingdom Embassy in Nigeria has announced the temporary suspension of study, work and family visa applications. It explained this was because the priority has been placed on applications made under the Ukraine Family Scheme. In a statement posted on...
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Latest News

Court Begins Trial Of Clearing Agent Over Unlawful Importation Of  Hard Drug

A Federal  High Court, Lagos presided over by Justice Yelin Bogoro today commenced the trial of a clearing and...
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Drug Trafficking : Court Forfeits Lagos Property To Federal Government

Justice Alexander Owoeye of the Federal High Court, Lagos,  today granted an order for the final forfeiture  of a Lagos  property and other items...

Ten People Faces  Trial In France For  Cyberbullying President  Macron’s Wife

French President Emmanuel Macron and first lady  Brigitte Macron Ten people went on trial in Paris Monday accused of the online harassment of French first...

Dangote Begins Refinery Expansion To 1.4mbpd

The Dangote Refinery has announced the expansion of the facility from 650,000 barrels per day to 1.4 million bpd. The President of the Dangote Group,...

NDLEA Raids Lagos Nightclub, Arrests Pretty Mike, Over 100 Others

Pretty Mike     The National Drug Law Enforcement Agency has arrested Lagos socialite and nightclub owner, Mike Eze Nwalie Nwogu, popularly known as Pretty Mike, alongside...