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Energy

IEA: Oil demand to drop for first time since 2009

Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it slashed its demand outlook by 1.1 million bpd due to the coronavirus outbreak and its impact on economies. The IEA now […]

Energy

140 Niger Delta youths win Shell’s N56m Livewire grant

No fewer than 140 young and talented people from eight states of the Niger Delta have graduated from the special Shell LiveWIRE Nigeria entrepreneurial training programme, which provides business and financial support to enable them to establish small and medium scale businesses. Drawn from Abia, Akwa Ibom, Bayelsa, Cross Rivers, […]

Business

200 investors set for Nigeria’s 45 gas flare sites

In its efforts to reduce the 320 billion cubic feet of gas (bcf) of gas flared in 2019, the Department of Petroleum Resources (DPR), has announced the short listing of 200 companies to develop 45 gas flare sites across the country under the Nigeria Gas Flare Commercialisation Programme (NGFCP). Speaking […]

News

FG Assures Investors of Investment Security, High Returns

Federal Government has assured investors, both foreign and indigenous, of investment security and high returns on investments in Nigeria. Delivery his welcome address at the ongoing Nigerian International Petroleum Summit (NIPS) in Abuja on Monday, President Muhammadu Buhari, who was represented by Secretary to the Government of the Federation (SGF), […]

Health

Coronavirus: WHO Says Garlic, Salt Water will Not Protect Against Disease

The World Health Organisation (WHO) says that eating garlic and regularly rinsing nose with saline solution will not guard against coronavirus infection (2019-nCoV). Information obtained from WHO’s website dispelled various myths and rumours surrounding the 2019-nCoV that could potentially harm the public’s health. WHO refuted some of the myths and […]

Tech

About 123million Nigerians Now Have Internet Access – NCC

Nigerian Communications Commission (NCC) says the number of Nigerians with access to the internet has increased to 123.5 million in October. This is in comparison to the 114.3 million internet subscribers recorded in January 2019; indicating an increase of 9.2 million within nine months. Data released by the commission also […]