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Precious Obazee

Business

Digital Assets: Securities And Exchange Commission Suspends Plans To Regulate Crypto-currencies

Nigeria’s Securities and Exchange Commission has said it has put on hold plans to regulate crypto-currencies in the country. A statement issued by SEC on...

Precious Obazee -

Nigeria

Infrastructure Development: President Buhari Approves Formation Of Finance Entity To Address Deficit

President Muhammadu Buhari has approved the establishment of a Public-Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion...

Precious Obazee -

Nigeria

Federal Government Fights Fuel Smuggling With Downstream Remote Monitoring System

The Federal Government has renewed the fight against smuggling of petroleum products out of the country with a new technology commissioned by the Department...

Precious Obazee -

Nigeria

Federal Government, University Unions Meeting Ends In Deadlock

The meeting between the Federal Government and the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Universities (NASU), has...

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Nigeria Boosts Oil Production by 300,000 BPD — NUPRC

‎Nigeria has achieved a notable increase in crude oil production, adding 300,000 barrels per day (bpd) since the launch of the One Million Barrels initiative by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).‎‎The initiative, introduced in October 2024, was designed to boost the nation's oil output by...

The N210TN Question: Can NNPCL Redeem Itself

The Nigerian National Petroleum Company Limited (NNPCL) has come under intense scrutiny as the Senate uncovers shocking discrepancies amounting to a staggering ₦210 trillion in its audited financial records from 2017 to 2023. The Senate’s Public Accounts Committee revealed that ₦103 trillion was labeled as "accrued expenses"...

LG poll: LASIEC Warns That Ballot Snatching Will Lead To A By-Election

‎The Lagos State Independent Electoral Commission has announced that any case of ballot box snatching during Saturday’s local government elections will trigger a by-election in the affected location.‎‎This was disclosed at a press briefing on Thursday by the Commission’s Chairman, Justice Bola Okikiolu-Ighile (retd.), who reaffirmed LASIEC’s...