The Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) says Nigeria’s target of over 2.4 million barrels per day can be met, if ongoing reforms are sustained. Ronald Adams, the Managing Director, SNEPCo, made this known in a statement signed by Mrs Gladys Afam-Anadu, Media Relations Manager of the energy firm, on Wednesday. According to…
Canadian Prime Minister, Justin Trudeau, says he has planned to meet with European Commission President Ursula von der Leyen and European Council President António Costa in Brussels on Wednesday. The meeting is expected to boost relations with the bloc. Trudeau’s trip was announced days after the U.S. suspended its planned tariffs of up to 25per…
The inaugural Afri-Caribbean Investment Summit designed to forge high impact investment alliances between Africa and the Caribbean has been scheduled for March in Nigeria. The Summit Coordinator, Hyelsinta Ojo, of the Aquarian Consult Ltd (ACL), disclosed this at a news conference in Abuja. Ojo said the summit themed, “Bridging Continents, Africa and Caribbean, a Partnership…
Malam Mele Kyari, Group Chief Executive Officer of the Nigeria National Petroleum Company (NNPCL), has reiterated the company’s commitment to strengthening collaboration with stakeholders in the oil and gas sector. He said this on Monday at the ongoing Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos. The theme of the conference is “Building…
MTN, Nigeria’s largest telecommunications operator on Tuesday commenced implementation of the Nigerian Communications Commission’s approved tariff hike by increasing its data prices. A check by the News Agency of Nigeria (NAN) using the *312# code on the MTN network showed the revised MTN data prices. For the monthly plans, MTN 1.8GB now goes for N1,500,…
An Ikeja Special Offences Court on Tuesday ordered forfeiture to the Federal Government, of Sigma Golf Nig. Ltd. rights, title and interest in 6,250,000,000 units of the Keystone Bank Ltd. ordinary shares of N1.00 each. The court also ordered winding up of the company. The News Agency of Nigeria (NAN) reports that Justice Rahman Oshodi…
President Donald Trump on Tuesday announced tariffs of 25per cent on all steel and aluminium imports into the United States (U.S.). The Republican signed orders to this effect at the White House and said that the tariffs would apply without exceptions and to imports from all countries. “This is a big deal, the beginning of…
Chief Secretary Eric Chan said Hong Kong will file a complaint to the World Trade Organisation (WTO) on the recent U.S. tariffs imposed on the country. Chan, the China-ruled city’s number two official, told reporters on Tuesday that the U.S. had completely ignored the city’s status as a separate customs territory. “This is absolutely inconsistent…
Hungary did not see any progress when it came to the resumption of gas deliveries through Ukraine, Hungarian Foreign Minister Peter Szijjarto said on Tuesday. “We don’t see any kind of forward progress, however, when it comes to the reopening of the deliveries of gas through Ukraine,’’ Szijjarto said in an interview. On Jan. 1,…
Turkmenistan said it had reached an agreement to transport its natural gas through Iran to Turkey, Chairman of the People’s Council of Turkmenistan Gurbanguly Berdimuhamedov said. Berdimuhamedov said on Monday, during a phone conversation with Iranian President Masoud Pezeshkian, the Neutral Turkmenistan official government newspaper has reported, “Chairman of Halk Maslahaty (People’s Council) had informed…
