News as it breaks
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Friday, rejected the move by the Senate Committee on Appropriation to increase the crude oil production benchmark in the 2024 Appropriation Bill from 1.7 million barrels per day to 1.8 mb/d. The Chairman, Senate Committee…
The Nigerian Upstream Petroleum and Regulatory Commission has said the Federal Government is planning to revoke unused oil exploration leases that companies were granted but have not been able to carry out any exploration activities on them. The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe told Reuters…
Apex bank orders electronic revalidation of BVN, NIN attached to accounts, wallets Jan 31 Account holders, others fear new round of hardship, naira scarcity The Central Bank of Nigeria on Friday directed commercial banks to bar customers without Bank Verification Numbers and National Identity Numbers from having access to their…
The FIRS Executive Chairman’s latest meritorious garland was bestowed on him at the 2023 annual awards of ICAN which took place at the Monarch Event Centre, Lagos, on Saturday 6 May, 2023.
