Oil production

Oil production to continue amid drop in price…

THE Nigeria National Petroleum Corporation (NNPC) said it would continue oil production despite the fall in price. The explanation came on the heels of the speculation that Nigeria had halted the production of the commodity…

Electricity

Nigeria’s electricity losses are down by 34% due…

Despite the spread of coronavirus pandemic and its negative impact on Nigeria’s economy, electricity losses due to lack of distribution infrastructure have dropped by 34 percent. A compilation of data obtained by Vanguard from the…

Lockdown

18 dead in enforcement of Nigeria COVID-19 lockdown…

Nigeria’s National Human Rights Commission on Wednesday claimed in a report that security operatives killed 18 civilians during enforcement of a total lockdown in major cities in the country over the novel coronavirus. The commission,…

Connectivity

Connectivity lock-down headaches

With millions of people around the world impacted by the coronavirus (COVID-19) pandemic, national lockdowns have affected how businesses operate, with major disruptions in productivity and supply chains. The impact of COVID-19 has resulted in…

Fraud

Account in Nigeria linked to European COVID-19 mask…

INTERPOL on Tuesday unmasked an international COVID-19 fraud racket straddling three European countries – Germany, Ireland and the Netherlands. Nigeria was mentioned, as home to an account that was to receive a fraudulent onward transfer…

Lockdown Extension

Nigeria:President Buhari extends lockdown by 14 days

President Muhammadu Buhari has extended the initial 14-day lockdown to curb the spread of COVID-19, by another 14 days. Buhari confirmed this today during a nationwide broadcast. When Buhari gave the stay-at-home order on March…

Easter celebration

Online Easter mass services held in Nigeria

This might be the norm for faithful in most parts of the world at least during this lockdown. Catholics in Nigeria attended Easter mass Sunday via a live telecast from the Holy Cathedral in Lagos…

Oil production

Nigeria to cut oil production

Nigeria will cut its oil production by 1.9 million barrels per day. This will reduce its daily crude oil production to 1.412 million barrels. Abuja is hoping for a $15 rebound in the price per…