Headlines News

Fuel scarcity now a thing of the past- Baru

Ihesiulo Grace 1 March 2018 0

The Group managing Director of the NNPC Dr. Maikanti Baru, has insisted that the management’s recent engagement with relevant stakeholders on the marketing of oil products, has actually laid the lingering product scarcity to rest. Baru, who insisted that fuel scarcity was caused by greedy

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Former Daily Times Editor Heads Abonnema Peace Committee

Ihesiulo Grace 15 February 2018 0

A former Daily Times Editor and Group Managing Director of Daily Times Publications more than four decades ago, Chief (Dr) Patrick Dele Cole has been appointed as chairman of Abonnema Peace Committee. Other members of the Chief Dele Cole Peace Committee charged with the responsibility of enthroning lasting peace in the once turbulent community include […]

Business Headlines

NNPC mulls PPP arrangements for oil, gas pipelines

Ihesiulo Grace 2 February 2018 0

The Group Managing Director of the Nigerian National Petroleum Corporation (NNC), Dr. Maikanti Baru, has urged the new board of a downstream subsidiary companies, the Nigerian Pipeline Storage Company (NPSC), to partner with the private sector to build more pipelines parallel to the corporation’s existing ones. Baru, who gave this charge, while inaugurating the new […]

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NPDC Targets 500,000 Barrels of Crude Oil Per Day Production

Ihesiulo Grace 26 January 2018 0

An upstream subsidiary of the Nigerian National Petroleum Corporation NNPC, The Nigerian Petroleum Development Company (NPDC), says it is ready to increase its daily crude oil production to 500,000 barrels per day before 2022. This target was announced by the Group Managing Director of the NNPC, Dr. Maikanti Baru, during the inauguration of the board […]

Headlines News

NNPC warns against panic buying as fuel queues returns

Ihesiulo Grace 6 December 2017 0

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr Mikanti Baru, has called on Nigerians to stop panic buying as he insists that the corporation is doing everything within its reach to address the current scarcity leading the return of long fuel queues nationwide. Baru had on Tuesday cut short his trip […]

Business News

Herbert Wigwe named 2017 West African Business Leader –AABLA

Ihesiulo Grace 5 November 2017 0

Group Managing Director/ Chief Executive Officer of Access Bank Plc, one of Nigeria’s largest financial services institutions, has been recognised as ‘West African Business Leader of the Year 2017’ by the All Africa Business Leader Awards (AABLA), in partnership with CNBC Africa. The announcement was made at the annualAABLA regional dinner, held weekend at the […]

Headlines News

Kachikwu vs Baru: Economist berates Buhari over role in face-off

Ihesiulo Grace 13 October 2017 0

.Wants President to hand off Petroleum Resources portfolio . Says NNPC boss, partners in Presidency guilty of economic crimes, sabotage .Osinbajo: I approved NNPC’s joint venture financing contracts Ganiyu Obaaro, Lagos & Myke Uzendu, Abuja Renowned economist and former university don, Dr. Kayode Familoni, has accused President Muhammadu Buhari of being a biased umpire

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NNPC Opts for Longer Term Period of Crude Oil Lifting Contracts

Ihesiulo Grace 20 March 2015 0

  The Nigerian National Petroleum Corp (NNPC) has opted to extend the period of its crude oil lifting contracts beyond the current one-year term, in the corporation’s quest to secure more export markets for its crude after losing out on the strategic US markets. The NNPC, Group Managing Director, Joseph Dawha dropped the hint, while […]