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Nigeria’s high-cost oil industry is in decline: That will leave a gaping hole in exports and public finances
economist.com/middle-east-and-africa/2024/03/21/nigerias-high-cost-oil-industry-is-in-decline
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NAF destroys several illegal refining sites, barges in Rivers: The sites and barges destroyed were discovered between Monday and Tuesday at Bille, Dariama ...
premiumtimesng.com/regional/south-south-regional/681247-naf-destroys-several-illegal-refining-sites-barges-in-rivers.html
How fuel prices rose 6 kobo-N650/litre from 1973 to 2024: Fuel price changes in Nigeria can be traced back to 1973 when Gowon increased the pump price of petrol ...
punchng.com/how-fuel-prices-rose-6-kobo-n650-litre-from-1973-to-2024/
NNPCL denies adjusting fuel pump prices: The Nigerian National Petroleum Company Limited has denied claims that it has reduced the pump prices of petrol and ...
punchng.com/nnpcl-denies-adjusting-fuel-pump-prices/
NSCDC uncovers illegal refineries in Rivers forest: The NSCDC Commandant-General's Special Intelligence Squad has uncovered a massive illegal oil refining ...
punchng.com/nscdc-uncovers-illegal-refineries-in-rivers-forest/
NSCDC uncovers massive illegal refineries with 26 reservoirs: The site has 10 illegal refineries with an estimated 500, 000 litres of crude oil contained in ...
punchng.com/nscdc-uncovers-massive-illegal-refineries-with-26-reservoirs/
NNPCL recommits to transparency: The Executive Vice President, Gas, Power and New Energy at the Nigerian National Petroleum Company Limited, Mr Olalekan Ogunleye ...
punchng.com/nnpcl-recommits-to-transparency/
Killing of soldiers in Delta, a barbaric affront: AFFRONT to constituted authority, wanton bloodshed and violence are never too far off from the oil-rich but ...
punchng.com/killing-of-soldiers-in-delta-a-barbaric-affront/
Savannah Energy to acquire Nigerian unit of China’s Sinopec: Savannah Energy Plc has signed separate Share Purchase Agreements to acquire Sinopec International ...
punchng.com/savannah-energy-to-acquire-nigerian-unit-of-chinas-sinopec/
N10.143 trillion shared among Federal, States, LGs in 2023 – NEITI report: The Federal Government received N3.99 trillion, representing 39.37 percent of the ...
premiumtimesng.com/news/headlines/679097-n10-143-trillion-shared-among-federal-states-lgs-in-2023-neiti-report.html
Implement minimum wage payment now, PENGASSAN tells S’West govs: The Petroleum and Natural Gas Senior Staff Association of Nigeria has called on South-West ...
punchng.com/implement-minimum-wage-payment-now-pengassan-tells-swest-govs/
Nigeria military denies reprisal attack after 16 troops killed: Men in army uniform ransacked and burned homes in Nigeria's oil-producing Delta state days after ...
reuters.com/world/africa/nigeria-military-denies-reprisal-attack-after-16-troops-killed-2024-03-18/
Kyari to speak on energy transition at US summit: The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Mele Kyari ...
punchng.com/kyari-to-speak-on-energy-transition-at-us-summit/
Naira depreciation pushes Nigeria’s imports to N35tn: Nigeria’s total imports grew to N35.9tn in 2023, from N25.5tn recorded in 2022, according to data by the ...
punchng.com/naira-depreciation-pushes-nigerias-imports-to-n35tn/
Tinubu orders manhunt for killers of soldiers in Delta | Africanews: The soldiers were deployed to control clashes between the Okuama and Okoloba communities ...
africanews.com/2024/03/18/tinubu-orders-manhunt-for-killers-of-soldiers-in-delta/
Sixteen Nigerian soldiers killed in community clashes in Delta state: Sixteen Nigerian Army soldiers were surrounded by youths and killed earlier this week after ...
reuters.com/world/africa/sixteen-nigerian-soldiers-killed-community-clashes-delta-state-2024-03-16/
Nearly 300 abducted schoolchildren in northwest Nigeria freed after over two weeks in captivity
apnews.com/article/nigeria-school-kidnapping-kaduna-kuriga-released-4afc5681954d75c3c790a1ebe4263056
Malawi has declared a state of disaster over a severe drought that is affecting most of the country.
The announcement comes less than a month after ... Show more
Africa Live this week: 25-31 March 2024 - BBC News: Bringing you the latest news from around Africa at bbc.com/africalive.
bbc.co.uk/news/live/world-africa-68399818
Nigerian court sentences Chinese businessman to death for murdering girlfriend: Frank Geng Quarong was found guilty of murdering his girlfriend - a killing that ...
bbc.com/news/world-africa-68665094
Tributes have been pouring in for veteran Nollywood actor Amaechi Muonagor who died on Sunday.
Muonagor's death comes just a few days after he appealed for ... Show more
Africa Live this week: 25-31 March 2024 - BBC News: Bringing you the latest news from around Africa at bbc.com/africalive.
bbc.co.uk/news/live/world-africa-68399818
Quick Glance: Africa News: 25-31 March 2024
- Six people found guilty of the murder of politician Chokri Belaid after a decade-long wait
- Kenya Airways reports an operating profit for the first time since 2017
- Cocoa prices hit a record high due to harvest failures caused by droughts
- Ugandan government instructs all civil servants to exercise weekly for health benefits
Okuama Resident Who Said Slain Soldiers Were Not for Peacekeeping on Army’s Wanted List
fij.ng/article/okuama-resident-who-said-slain-soldiers-were-not-for-peacekeeping-on-armys-wanted-list/
Kuriga kidnap: More than 280 Nigerian pupils released: Gunmen rode through the school in Kuriga in north-western Nigeria seizing children as young as eight.
bbc.com/news/world-africa-68649221
How Nigeria Spent $630m on Leaking National Database: Three years down the line, the federal government issued an order that made NIN mandatory for all Nigerians ...
fij.ng/article/how-nigeria-spent-630m-on-leaking-national-database/
Amusan Wins 3rd Consecutive African Games 100m Hurdles Gold Medal
completesports.com/amusan-wins-3rd-consecutive-african-games-100m-hurdles-gold-medal/
Amaechi Muonagor: Nigeria mourns Nollywood comedy titan, dead at 61: Amaechi Muonagor was a loved Nollywood legend, whose career spanned over two decades.
bbc.com/news/world-africa-68654481
Nigeria stampede at charity cash hand-out event kills seven in Bauchi: Children were among the victims of the crush at the charity event that attracted a big ...
bbc.com/news/world-africa-68654619
Nigeria thrown into darkness as power grid collapses: Since the privatisation of the power sector in November 2013, the grid has collapsed over 140 times.
premiumtimesng.com/business/business-news/681797-nigeria-thrown-into-darkness-as-power-grid-collapses.html
Nigerian Islamic police arrest non-fasting Muslims during Ramadan: The 11 violated the Ramadan fast in northern Kano state, where Sharia operates alongside ...
bbc.com/news/world-africa-68552431
Nigeria seeks to fix snag in domestic oil supply to refineries: Nigeria's oil regulator met with producers and local refiners to fix implementation of a policy ...
reuters.com/business/energy/nigeria-seeks-fix-snag-domestic-oil-supply-refineries-2024-03-26/
Finidi George: Nigeria's friendly results split opinion on claim for Super Eagles post
bbc.com/sport/africa/68677830
Buy made-in-Nigeria goods to strengthen Naira, Tinubu urges Nigerians: Mr Ngelale noted that the president also assured Nigerians that his administration is ...
premiumtimesng.com/news/top-news/680290-buy-made-in-nigeria-goods-to-strengthen-naira-tinubu-urges-nigerians.html
Access Holdings annual profit surges as revenue touches record N2.6 trillion: The surge in top-line now makes Access Holdings Nigeria’s biggest public company by ...
premiumtimesng.com/news/headlines/681578-access-holdings-annual-profit-surges-as-revenue-touches-record-n2-6-trillion.html
Nigeria Binance: British-Kenyan executive Nadeem Anjarwalla no longer in custody: Nadeem Anjarwalla has left the country after a month in custody ...
bbc.com/news/world-africa-68656119
200 kidnapped Nigerian students and staff released from captivity: Kaduna Governor Uba Sani says country's national security adviser coordinated development ...
timesofisrael.com/200-kidnapped-nigerian-students-and-staff-released-from-captivity/
Nigeria's Dangote oil refinery could accelerate European sector's decline: Nigeria's giant Dangote oil refinery could bring to an end a decades-long gasoline ...
reuters.com/business/energy/nigerias-dangote-oil-refinery-could-accelerate-european-sectors-decline-2024-03-27/
South Africa's MTN annual profit slumps on Nigeria naira devaluation: Africa's biggest telecoms operator MTN Group on Monday reported a 72.3% tumble in full-year ...
reuters.com/business/media-telecom/south-africas-mtn-annual-profit-slumps-nigeria-naira-devaluation-2024-03-25/
2024 Hajj: NACHON raises fare to N8.5m, registered pilgrims to pay additional N1.9m
premiumtimesng.com/news/top-news/680547-2024-hajj-nachon-raises-fare-to-n8-5m-registered-pilgrims-to-pay-additional-n1-9m.html
Ukraine strikes oil refineries deep inside Russia: Kyiv aims to ‘deprive the enemy of resources and reduce the flow of oil money and fuel’
ft.com/content/4bd2b770-422b-45dc-b495-52a08e3e927d
This Cleaning Powder Was Invented in the 1880s. It Still Keeps My Kitchen Gear Looking New.
nytimes.com/wirecutter/reviews/bar-keepers-friend-cleaner/
Budget Padding: Ningi demands reinstatement, insists suspension’s illegal: Mr Ningi has threatened to sue the Senate if his 12 March suspension is not reversed ...
premiumtimesng.com/news/top-news/681644-budget-padding-ningi-demands-reinstatement-insists-suspensions-illegal.html
Nigerian court denies separatist leader Kanu bail, orders trial: A Nigerian federal court on Tuesday denied separatist leader Nnamdi Kanu bail and instead ...
reuters.com/world/africa/nigerian-court-denies-separatist-leader-kanu-bail-orders-trial-2024-03-19/
Gunmen in Nigeria have kidnapped at least 87 people, including women and children in Kaduna state, residents and police said ...
reut.rs/3PsmLMJ
South Africa, Nigeria, Ghana, Liberia and Ivory Coast hit by major internet outages
bbc.com/news/world-africa-68569022
Quick Glance: Internet outages in 13 African countries due to undersea cable damage
- Thirteen countries across Africa experienced Internet outages due to damage to submarine fiber optic cables.
- Multiple network providers reported Internet outages yesterday, with the outage seemingly moving from North Africa to South Africa.
- Some countries had short-lived Internet disruptions, while others, including South Africa, experienced ongoing outages.
- Undersea cable-related Internet outages aren't new and can last a while, with damaged cables responsible for a significant portion of intercontinental traffic.
Nigeria: Rescued schoolchildren reunited with families: The children had been kidnapped two weeks ago from their school in Kaduna. The practice of kidnapping for ...
dw.com/en/nigeria-joy-as-rescued-kidnapped-schoolchildren-reunited-with-families/a-68654705
NiMet forecasts three-day sunshine, haziness from Monday: Isolated thunderstorms are expected over parts of Akwa Ibom, Cross River, Bayelsa, Rivers, Lagos, Edo ...
premiumtimesng.com/news/more-news/680450-nimet-forecasts-three-day-sunshine-haziness-from-monday.html
Ellis wants Banyana to land knockout blow in Olympic clash with Nigeria: Banyana Banyana coach Desiree Ellis has likened their 2024 Olympic qualifier against ...
timeslive.co.za/sport/soccer/2024-03-26-ellis-wants-banyana-to-land-knockout-blow-in-olympic-clash-with-nigeria/
Exclusive: Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny
reut.rs/3PImuFp
Quick Glance: Russia Struggles with Oil Payment Delays from China, UAE, Turkey
- Russian oil firms face payment delays from China, Turkey, and the UAE due to increased bank scrutiny.
- Banks require guarantees for sanctions compliance and have suspended accounts linked to Russian goods trading.
- US pressure on China leads to payment issues, while Russian oil exports are disrupted by sanctions.
- Chinese, UAE, and Turkish banks ramp up checks after a US order, causing further delays in payments to Russia.
Binance executives remain in detention after Nigeria court appearance, families say
reuters.com/world/africa/binance-executives-remain-detention-after-nigeria-court-appearance-families-say-2024-03-20/
Nigeria’s Central Bank Governor Olayemi Cardoso Voted for Larger Rates Hike: Nigerian central bank Governor Olayemi Cardoso voted for an even larger ...
bloomberg.com/news/articles/2024-03-19/nigeria-s-central-bank-governor-olayemi-cardoso-voted-for-larger-rates-hike
Police Begin Persecution of FIJ for ‘Cybercrime’, Summon BoT Chair to Abuja: The police have summoned Bukky Shonibare, the chairman of FIJ’s Board of Trustees ...
fij.ng/article/police-begin-persecution-of-fij-for-cybercrime-summon-bot-chair-to-abuja/
Ghana 1-2 Nigeria: Finidi passes audition with goals from Dessers, Lookman: The Jollof Wars between Ghana and Nigeria continued on Friday in Morocco ...
premiumtimesng.com/sports/football/679909-ghana-1-2-nigeria-finidi-passes-audition-with-goals-from-dessers-lookman.html
Quick Glance: Nigeria vs. Ghana: Super Eagles lead against Black Stars in Morocco
- The historic rivalry between Nigeria and Ghana takes place at the Stade de Marrakech in Morocco.
- Expect an intense encounter despite it being a friendly match.
- Coach Otto Addo returns to Ghana, while George Finidi leads the Super Eagles on an interim basis.
- Both teams are without some key players, but fans are hoping for an exciting game.
Katsina converts 722 LG workers to agricultural extension service officers: Governor Radda says each of the 361 political wards across the 34 local government ...
premiumtimesng.com/news/more-news/681057-katsina-converts-722-lg-workers-to-agricultural-extension-service-officers.html
In Nigeria, parents finally able to see children who were abducted from school in early March
pbs.org/newshour/world/in-nigeria-parents-finally-able-to-see-children-who-were-abducted-from-school-in-early-march
Nigerian Mixed Martial Arts Federation sets new targets after African Games success
premiumtimesng.com/sports/nigeria-sports-news/681097-nigerian-mixed-martial-arts-federation-sets-new-targets-after-african-games-success.html
19 Days After, Nigeria Customs Yet to Address FIJ’s Smuggling Exposé : The Nigeria Customs Service, Nigeria's land borders authorities, continues to remain ...
fij.ng/article/19-days-after-nigeria-customs-yet-to-address-fijs-smuggling-expose/
Oil prices fall for a second day as US crude inventories increase: Oil prices fell for a second day on Wednesday after a report that crude stockpiles in the U.S. ...
reuters.com/markets/commodities/oil-prices-fall-second-day-us-crude-inventories-increase-2024-03-27/
African Games: Brume wins gold, sets new record: With this impressive feat, Brume not only defended her 2019 title but also set a new Games record ...
premiumtimesng.com/news/top-news/679596-african-games-brume-wins-gold-sets-new-record.html
JUST IN: Governor subsidies 2024 hajj for Kano pilgrims: PREMIUM TIMES reported how the NAHCON has increased the rate for the 2024 Hajj citing foreign exchange ...
premiumtimesng.com/news/top-news/681319-just-in-governor-subsidies-2024-hajj-for-kano-pilgrims.html
Tinubu suspends public-funded foreign trips by ministers, govt officials | Africanews
africanews.com/2024/03/21/tinubu-suspends-public-funded-foreign-trips-by-ministers-govt-officials/
Nigerian army rescues abducted Kaduna students : The Nigerian army on Sunday rescued students and staff who were abducted by gunmen from a school in the ...
wionews.com/videos/nigerian-army-rescues-abducted-kaduna-students-703818
Nigerian children released after being abducted from school: Authorities say students abducted by gunmen from a school in northern Nigeria have been released ...
abc.net.au/news/2024-03-24/nigerian-students-released-unharmed-after-school-abduction/103626210
Russian refineries targeted by Ukraine's drones: Rosneft's Kuibyshev oil refinery in Russia's city of Samara halted refining unit CDU-5 ...
reuters.com/business/energy/russian-refineries-targeted-by-ukraines-drones-2024-03-25/
Nigeria kidnap crisis: Schoolboy recounts daring escape from bandits: Musa Garba was one of more than 280 abducted last week, but he managed slip away from his ...
bbc.com/news/world-africa-68534319
Tinubu sets up new economic coordination, management teams: The Presidential Economic Coordination Council (PECC) comprises distinguished leaders and key ...
premiumtimesng.com/news/top-news/681356-tinubu-sets-up-new-economic-coordination-management-teams.html
Tinubu appoints coordinator for Nigeria’s counter-terrorism centre: He also served in Sierra Leone and the Democratic Republic of Congo under the United Nations ...
premiumtimesng.com/news/more-news/681116-tinubu-appoints-coordinator-for-nigerias-counter-terrorism-centre.html
Nigeria's kidnap crisis: Inside story of a ransom negotiator: How one man is secretly helping families pay kidnappers to release their relatives.
bbc.com/news/world-africa-68612958
Nigeria’s public debt stock increases to N97.34trn in Q4 2023 – NBS: Nigeria’s public debt stock, which included external and domestic debt, grew by 10 ...
premiumtimesng.com/business/business-news/681241-nigerias-public-debt-stock-increases-to-n97-34trn-in-q4-2023-nbs.html
Undersea Cable Cuts: Services 90% restored – NCC: “We are pleased to announce that services have now been restored to approximately 90 per cent of their peak ...
premiumtimesng.com/business/business-news/678675-undersea-cable-cuts-services-90-restored-ncc.html
Lagos SWAN, WCFL sign deal for grassroots football development: During a brief ceremony attended by WCFL and Lagos SWAN management, the Chairperson, Lagos SWAN ...
premiumtimesng.com/sports/football/681773-lagos-swan-wcfl-sign-deal-for-grassroots-football-development.html
Bloomberg: Russian oil trade feels pressure of Western sanctions in India: Russia's oil industry is starting to feel the pressure of Western sanctions as ...
kyivindependent.com/bloomberg-russian-oil-trade/
UPDATED: Tinubu honours 17 slain soldiers, families to get houses, scholarships: Mr Tinubu also announced "scholarships to all the children of the deceased ...
premiumtimesng.com/news/top-news/681409-updatedtinubu-honours-17-slain-soldiers-families-to-get-houses-scholarships.html
JUST IN: CBN raises interest rate: The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant ...
premiumtimesng.com/business/business-news/681000-just-in-cbn-raises-interest-rate.html
Nigerian military kills 212 terrorists, apprehends 252 others – Official: The troops also recovered 223 assorted weapons and 2,756 ammunition comprising three ...
premiumtimesng.com/news/top-news/681707-nigerian-military-kills-212-terrorists-apprehends-252-others-official.html
National grid collapses again: The Abuja Electricity Distribution Company confirmed the development to its customers through its social media handles.
punchng.com/national-grid-collapses-again-2/
Nigerian court has sentenced a Chinese man to death for killing his girlfriend | Africanews
africanews.com/2024/03/26/nigerian-court-has-sentenced-a-chinese-man-to-death-for-killing-his-girlfriend/
Fubara dissolves Rivers task force on sanitation: The governor did not give a reason for the dissolution of the task force.
premiumtimesng.com/news/more-news/681054-fubara-dissolves-rivers-task-force-on-sanitation.html
Exclusive: Nigerian kidnappers demand $620,000 for release of school hostages: Gunmen who kidnapped 286 students and staff from a school in northern Nigeria last ...
reuters.com/world/africa/nigerian-kidnappers-demand-620000-release-school-hostages-local-authorities-2024-03-13/
Finidi targets second win over Mali on Tuesday: Coach Finidi emphasises that the Eagles should not be discouraged by injuries and absences within the team ...
premiumtimesng.com/sports/football/680788-finidi-targets-second-win-over-mali-on-tuesday.html
Infinix Nigeria unveils NOTE 40 Series, redefining charging technology: Infinix NOTE 40 Series makes a grand debut in Nigeria, introducing all-round FastCharge 2 ...
premiumtimesng.com/promoted/679499-infinix-nigeria-unveils-note-40-series-redefining-charging-technology.html
PICTORIAL: How 34-year-old Nigerian US Naval officer, Aregbesola died in Red Sea: A Nigerian-born United States Naval Officer, Michael Aregbesola ...
punchng.com/pictorial-how-34-year-old-nigerian-us-naval-officer-aregbesola-died-in-red-sea/
Dozens of Children Kidnapped in Nigeria Are Released, Officials Say: The military of the West African nation, which is plagued by kidnappings largely driven by ...
nytimes.com/2024/03/24/world/africa/nigeria-children-released.html
Bola Tinubu: Nigeria won't pay a ransom to Kaduna kidnappers: A local chief tells the BBC some of the 280 abducted schoolchildren are in a "critical condition".
bbc.com/news/world-africa-68561870
Sinopec's 2023 net income falls 9.9% in 'complicated environment': China Petroleum & Chemical Corp , better known as Sinopec, reported a 9.9% decline in 2023 net ...
reuters.com/business/energy/sinopecs-2023-net-income-falls-99-complicated-environment-2024-03-24/
Ready for spring break travel? L.A. County gas prices top $5 a gallon: Higher crude oil prices and increased demand for fuel from spring break road trips have ...
latimes.com/california/story/2024-03-24/gas-prices-in-la-over-5-a-gallon
Quick Glance: Rising Gas Prices in California during Spring Break
- The surge in crude oil prices and the increased demand for fuel due to spring break have led to rising gas prices in California.
- Drivers in Los Angeles County are even experiencing higher prices, averaging $5.035.
- Moreover, California is set to transition to its summer gas blend, potentially costing 15 cents more per gallon than the current winter blend, as mentioned by Shupe.
- The national average for a gallon of gas stands at $3.533, as reported by AAA.
Nigeria Reportedly Drops Plan to Charge Companies for Hiring Foreign Workers: Nigeria suspended the introduction of a levy on the employment of foreign workers ...
bloomberg.com/news/articles/2024-03-09/nigeria-halts-plans-for-levy-on-expatriate-staff-thisday-says
Late Olubadan exalted Yoruba traditional heritage – Obasanjo: In his terse condolence message in the register, Mr Obasanjo wrote, "The late Olubadan carried ...
premiumtimesng.com/news/more-news/681714-late-olubadan-exalted-yoruba-traditional-heritage-obasanjo.html
UPDATED: After IPI Nigeria revelation, military confesses abducting, detaining missing editor
premiumtimesng.com/news/top-news/681480-updated-after-ipi-nigeria-revelation-military-confesses-abducting-detaining-missing-editor.html
Nigeria’s consumer protection agency discovers deceptive rice weight in Abuja market
premiumtimesng.com/news/more-news/681685-nigerias-consumer-protection-agency-discovers-deceptive-rice-weight-in-abuja-market.html
Nigeria abduction: At least 28 schoolchildren escape captors: Nigeria continues to search for nearly 300 schoolchildren taken in the northern town of Kuriga.
bbc.com/news/world-africa-68521015
NPFL Round-up: Rangers go top after Oriental Derby victory: Rangers, the Flying Antelopes, are now in the number one position with 48 points.
premiumtimesng.com/news/top-news/680495-npfl-round-up-rangers-go-top-after-oriental-derby-victory.html
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