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Key Nigeria deepwater field ‘achieves first oil’, adds 200,000 barrels to country’s daily output

Nigeria’s deepwater oil field, Egina, achieved first oil production late on Saturday, raising the country’s daily oil production above 2.09 million barrels in December 2018, the Nigerian National Petroleum Corporation has announced. With the Organization of Petroleum Exporting Countries (OPEC) latest output cut resolution taking effect Tuesday, January 1, Nigeria’s daily oil …

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I will fish out sponsors of terrorism in Nigeria: GDPN candidate

Davidson Isibor Akhimien: GDPN Candidate By Yemi Adeleye Chief Davidson Akhimien, the Presidential Candidate of the Grassroots Development Party of Nigeria (GDPN), says his party will fish out and name sponsors of terrorists if elected. Akhimien told newsmen in Lagos on Tuesday that exposing sponsors of insurgents in Nigeria is …

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22 House Members Move to Return Nigeria to Parliamentary System of Govt

Shola Oyeyipo in Abuja The House of Representatives Thursday passed the first reading of a bill initiated by 22 members seeking to return Nigeria to parliamentary system of government. A group of bi-partisan lawmakers, numbering 22, who are members of the lower chambers of the National Assembly, addressed journalists yesterday …

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Untold story of MTN’s ‘illicit’ repatriation of billions of dollars from Nigeria –

Nigeria, Africa’s largest economy by gross domestic product (over $380bn), recently grabbed global attention following reports that South Africa’s telecoms subsidiary, MTN Nigeria, illegally repatriated huge profits from the country and avoided paying appropriate taxes to the government. The report highlighted growing concerns about rising illicit financial flows in Africa …

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