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Refineries Record N5.4bn Deficit, as NNPC lifts $407.15m Crude.

Amidst controversy over the state of the nation’s refineries the latest report of the Nigerian National Petroleum Corporation, NNPC, has indicated that Nigeria’s three refineries guzzled a total of N5.86 billion in overhead expenses on zero output in the month December 2020 alone. This expenditure eventually resulted in operating deficit of N5.37 billion by the […]Read More

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Pandemonium As 5,000 Residents Flee Rivers Community Over Killing Of

PORT HARCOURT—CONFU-SION reigned at Abonnema town and neighbouring communities in Akuku-Toru Local Government Area, Rivers State, weekend, as over 10,000 residents fled the troubled areas, following the killing of two soldiers by gunmen. Reports from the area said soldiers locked down the Abonnema waterways yesterday, over the incident, forestalling movement by boat in the entire […]Read More