Find out what is making headlines all over the country from the covers of The Guardian, Vanguard, The Punch, ThisDay and BusinessDay.
Fresh pressure on Nigeria over oil production cut as OPEC meets
The pressure on Nigeria to reduce its crude oil production figure of 1.8 million per day is expected to increase as the Organisation of Petroleum Exporting Countries (OPEC) meets on Friday, September 22, 2017 in Vienna, Austria.
Arik files N20b suit against FG, Ethiopian Airlines over proposed takeover
Owners and former management of Arik Air Limited have filed a N20 billion suit against the Federal Government and Ethiopian Airlines over the proposed takeover bid of the troubled airline.
Poor electricity supply may persist as Discos reject 1000mw daily
It may take a longer time for the country to overcome its electricity supply challenges as the distribution companies (Discos) reject generated energy from power plants.
IPOB: Many injured as troops attack Kanu’s home
SCORES of youths were allegedly injured, yesterday, as gunmen suspected to be soldiers, who came in Hilux Pick-up vans, allegedly attacked the Umuahia country home of leader of Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu.
Trouble looms for Nigeria as China plans to ban petrol, diesel vehicles
China, world’s biggest car market, plans to ban the production and sale of diesel and petrol vehicles, further threatening the future profitability of oil - Nigeria’s major revenue source.
No respite as doctors’ strike persists
No end appears to be in sight as doctors under the auspices of National Association of Resident Doctors, NARD, have vowed not to call off their strike which enters the second week today.
Buhari travels to US next week – Presidency
President Muhammadu Buhari has been scheduled to address the 72nd session of the United Nations General Assembly in the United States on Tuesday, September 19, 2017.
We can’t disclose our allowances – Senate
The Chairman, Senate Committee on Media and Public Affairs, Senator Aliyu Abdullahi, has lamented the constant harassment of the Senate by Nigerians, adding that the upper legislative chamber cannot disclose its salaries and allowances.
FG, states borrow N7.51tn under Buhari
The Federal Government under President Muhammadu Buhari and the 36 states of the federation as well as the Federal Capital Territory have borrowed N7.51tn in the last two years, statistics have revealed.
Arik Shareholders File N20bn Suit against FG, Ethiopian Airlines
Shareholders of Arik Air Limited have filed a N20 billion suit against the federal government and Ethiopian Airlines over recent stories in the media that they were in negotiations on the takeover of the airline.
Soldiers Invaded My Home, Kanu Claims, Army Denies
The leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu has alleged that soldiers of the Nigerian Army invaded his home at Afaraukwu, Umuahia in Abia State yesterday evening in a bid to arrest him.
FG, IOCs Finalise Evaluation of Bids for $13.5bn Zabazaba Deepwater Project
The federal government, Nigerian Agip Exploration Limited (NAE) and Shell Petroleum Exploration and Production Company (SNEPCo) have completed the technical and commercial evaluation of bids for the main packages in the development of the $13.5 billion Zabazaba deepwater oil field in Oil Prospecting Lease (OPL) 245 within 14 months, THISDAY has learnt.
Nigeria’s exit from recession expected to be sustained in Q3
The service sector, which is the largest contributor to economic activity in Nigeria remains stuck in recession despite the country’s narrow exit.
Shell, Gasland, and Shoreline sign $300million gas distribution agreement
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shoreline Energy Limited (parent company of Gasland Company Ltd.) have signed an agreement to explore opportunities to buy, market, distribute and sell natural gas to consumers and companies in the Victoria Island, Ikoyi, Lekki, and Epe areas of Lagos.
Oil going out of fashion
“The implementation of the ban for such a big market like China can be later than 2040,” said Liu Zhijia, an assistant general manager at Chery Automobile Co., the country’s biggest passenger car exporter that unveiled a new line for upscale battery-powered and plug-in hybrid models at the Frankfurt motor show last week.