By Joke Kujenya NIGERIA’s OIL and gas industry is seeing significant changes as the Nigerian National Petroleum Company Limited Ltd (NNPCL), and Chevron Nigeria Ltd (CNL), completed the conversion of five joint venture assets under the Petroleum Industry Act (PIA) 2021. The move transitions these assets from the Petroleum Profit Tax (PPT) fram...
By Blessing Obams, JKNewsMedia Reporter TO BOOST media influence and communication strategies at the newly launched Progressive Institute, Olawale Abideen has been appointed head of Media and Strategic Communications Department. The institute is affiliated with the All Progressives Congress (APC). Abideen’s extensive background in investigativ...
By Jemimah Wellington, JKNewsMedia Reporter THE NATIONAL Drug Law Enforcement Agency (NDLEA) has intercepted large consignments of cocaine, tramadol, and cannabis at various locations across Nigeria. These substances, concealed in everyday items, were set to be smuggled to the United Kingdom, Ireland, Cyprus, and South Africa. In Lagos, NDLEA ...
By Jemimah Wellington, JKNewsMedia Reporter THE NATIONAL Agency for Food and Drug Administration and Control (NAFDAC) is investigating allegations against Christ Mercy Land Delivery Ministries in Delta State for promoting and selling unregistered “miracle” products. Complaints have flooded in regarding claims by Senior Prophet Jeremiah Omoto t...
By Jemimah Wellington, JKNewsMedia Reporter SET TO address the pressing need for stronger policy direction within the party’s ranks is the newly unveiled Progressive Institute, established by the All Progressives Congress (APC) last Friday in Abuja. With this initiative, the APC says it aims to bolster its role in shaping good governance throu...
By Joke Kujenya THE NIGERIAN National Petroleum Company Limited (NNPC Ltd) has addressed recent allegations by the Muslim Rights Concern (MURIC) regarding its relationship with Dangote Refinery Limited (DRL). MURIC had claimed that recent changes in the pump price of Premium Motor Spirit (PMS) were designed to prevent DRL from offering competi...
By Joke Kujenya Nigerians have been urged to brace up for another rise in petrol prices. The Nigerian National Petroleum Company Limited (NNPCL) has indicated that another pump price increase is likely soon. This follows the company’s efforts to reflect the current market conditions. Adedapo Segun, NNPCL’s Executive Vice President, Downs...
By Jemimah Wellington, JKNewsMedia Reporter THE NIGERIAN Institute of Public Relations (NIPR) has appointed Rasheed Bolarinwa as the chairman of its newly established FinanceHub Management Committee. Bolarinwa, currently serves as the President of the Association of Communication and Marketing Professionals in Banks (ACAMB). He was chosen to l...
By Aminat Yusuf, JKNewsMedia Intern, Kano IN COLLABORATION with the Nigeria Conservation Foundation (NCF), Polaris Bank has expanded its tree-planting initiative to Kano State. On Friday, August 30, 2024, the bank and NCF conducted a commemorative tree planting at Ajingi Community Reserve, Kunkurawa. The project is part of efforts to promote n...
By Joke Kujenya FOREX SHORTAGES have caused petrol prices to fluctuate sharply in Nigeria, according to the Nigerian National Petroleum Company Limited (NNPC Ltd). The company said that unrestricted free market forces are determining the prices of Premium Motor Spirit (PMS), as stipulated by the Petroleum Industry Act (PIA) as it promises reli...
