Aliko Dangote, president of Dangote Group, has been named the sixth most charitable man in the World, by Richtopia, a digital periodical that covers business, economics, and financial news, based in the United Kingdom.
Onlinebrief is an on-line portal that keeps Nigerian's updated with latest news in Nigeria and the World in general.
Thursday, October 25, 2018
Wizkid’s Fever Video Breaks Nigerian Youtube Record
Wizkid’s Fever video has broken Nigerian YouTube record as the most watched video in less than 24 hours. The video for Fever has garnered over one million YouTube views and counting in 21 hours.
Monday, October 22, 2018
'Atiku Is A Thief' - APC Releases Song (Video)
@POLITICSNGR
The All Progressives Congress, APC on Monday released a song title "Atiku is a thief".
PoliticsNGR gathered that the song which makes a mockery of the Presidential Candidate of the Peoples Democratic Party, PDP, Atiku Abubakar was released via the Social media account of the party's United Kingdom Chapter.
The All Progressives Congress, APC on Monday released a song title "Atiku is a thief".
PoliticsNGR gathered that the song which makes a mockery of the Presidential Candidate of the Peoples Democratic Party, PDP, Atiku Abubakar was released via the Social media account of the party's United Kingdom Chapter.
"Nnamdi Kanu Is Not In Jerusalem" - Israeli Government Responds
The Israeli government yesterday said it has no evidence about the appearance of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu in the country.
According to the government, the pictures and videos showing Nnamdi Kanu praying in Israel could be old.
According to the government, the pictures and videos showing Nnamdi Kanu praying in Israel could be old.
Man Surrenders As His Fiancée Happily Gives Him Doggy Pose In Pre-wedding Photo
Husband-to-be surrenders as his fiancée happily gives him doggy pose under coconut trees in pre-wedding photoshoot.
ALSO SEE: Flavour And Yemi Alade Hang Out Together (PHOTOS)
ALSO SEE: Flavour And Yemi Alade Hang Out Together (PHOTOS)
Paul Biya Wins Re-Election As Cameroon President At 85
The Cameroonian president, Paul Biya wins re-election bid with 71% of the vote, the constitutional council has announced, extending his 36-year rule and cementing his place as one of Africa’s longest-serving rulers.
Kanu’s Disappearance, Resurfacing Prearranged By DSS – Uwazuruike
Ndigbo have been advised to treat the touted disappearance and resurfacing of Mazi Nnamdi Kanu, the leader of the Indigenous Peoples of Biafra, IPOB, as “a non-issue because it was carefully prearranged by the Department of State Security, DSS”.
Rivers APC Reacts To Supreme Court Judgment, Calls It Mere Academic Exercise
The Rivers State Chapter of the All Progressives Congress, APC has reacted to today's judgment by the Supreme on the crises rocking the state chapter of the party in a matter brought before the apex court involving 23 aggrieved members of the party who alleged that they were unduly excluded from the party congresses.
Flavour And Yemi Alade Hang Out Together (PHOTOS)
A new video was posted online this morning by Flavour in which yemi alade was seen with him all smiles.
Should we call this a re-union??
See photos:
Should we call this a re-union??
See photos:
NYSC Postponed Orientation Exercise In Kaduna
Following the recent crisis in Kaduna state, the National Youth Service Corp (NYSC) has postponed the orientation exercise for Batch C corp members posted to Kaduna state.
According to a statement by NYSC and made available to NGHUBS, the orientation exercise has been postponed indefinitely, urging all affected corp member to remain at home
Read full statement below
According to a statement by NYSC and made available to NGHUBS, the orientation exercise has been postponed indefinitely, urging all affected corp member to remain at home
Read full statement below
Femi Kuti Tells Osinbajo: I Won't Support Buhari At Felabration
Music Star, Femi Kuti has openly stated that he won't support the Buhari led Government and he did so recently in the presence of the Vice President of Nigeria, Yemi Osinbajo.
Shooting At Edo State House Of Assembly, 3 Injured (PHOTOS)
PoliticsNGR has reliably gathered that a Fracas has broken out at the Edo state house of assembly after the impeachment of Deputy Speaker, Victor Edoror.
Igbo Group Dares Kanu, IPOB Over 2019 Elections
The South-East Renewal Group (SERG) has reacted to the position of Nnamdi Kanu, leader of the outlawed Indigenous People of Biafra (IPOB) on the 2019 general elections.
The group said Kanu’s declaration that there will be no election in South eastern part of Nigeria, which he claimed to be ‘Biafra territory’, was a joke that shouldn’t be taken seriously.
The group said Kanu’s declaration that there will be no election in South eastern part of Nigeria, which he claimed to be ‘Biafra territory’, was a joke that shouldn’t be taken seriously.
Abia State Community Pipeline Explosion: President Buhari Expresses Regret Over
President Muhammadu Buhari expresses regret over the unnecessary loss of lives and property as a result of the pipeline explosion in the Osisioma Ngwa community of Abia State Friday morning, and sympathises with those who lost loved ones.
Usman Yusuf And Police Stormed NHIS Office (Photos)
Workers at the headquarters of the National Health Insurance Scheme, NHIS, early morning today clashed with the Police allegedly protecting the suspended Executive Secretary of the scheme, Prof. Usman Yusuf who showed up at office.
PDP Demands Joe Igbokwe’s Arrest, Prosecution
By Temidayo Akinsuyi
The Peoples Democratic Party, Lagos state chapter, has raised the alarm over the alleged plans by the All Progressives Congress (APC), never to hand over power to the PDP, especially in Lagos state if they lose in the forthcoming general elections.
The Peoples Democratic Party, Lagos state chapter, has raised the alarm over the alleged plans by the All Progressives Congress (APC), never to hand over power to the PDP, especially in Lagos state if they lose in the forthcoming general elections.
Sunday, October 21, 2018
Eunice Atuejide Slams Nnamdi Kanu, Says 'Igbos Can Be Blind'
Presidential candidate, Eunice Atuejide, has reacted to report of Nnamdi Kanu reappearing in Israel and spotted praying in Jerusalem.
Eunice Atuejide who described Nnamdi Kanu as a deceitful and self centered bigot who is not interested in the Igbo people at all, stated that the next move of the IPOB leader might be to tell his followers not to vote in 2019.
She wrote;
"You see ehn, my Igbo brothers and sisters can be very blind and somewhat hard to reach.
Nnamdi Kalu is a deceitful, thieving, conniving, self centred bigot! He is not interested in the Igbo people at all! Na im pocket the guy con here con settle, nothing more….���� So, they brought the Python Dance to ala Igbo, and Mr. Kalu evaporated into thin air. They even made a big show of the demands to produce him etc.
Now that elections are nearing, he resurfaces. And he will surely tell a brave tale of his miraculous escape from the pythons. Ala gba gbu kwa gi there this guy!���� Next we know now, he will be telling the undiscerning Igbos not to come out an masse to vote out Buhari.
Results: Buhari – his PAY MASTER – wins the election in 2019 with his sure banker 6 million votes from the North and South West. GOD FORBID! Not on my watch biko!
Your evil plans will not work!
Chop your money oh, enjoy your life in Jerusalem or wherever on earth they settled you at, but leave our"
https://lailasnews.com/igbos-can-be-very-blind-presidential-aspirant-eunice-atuejide-slams-nnamdi-kanu/
Eunice Atuejide who described Nnamdi Kanu as a deceitful and self centered bigot who is not interested in the Igbo people at all, stated that the next move of the IPOB leader might be to tell his followers not to vote in 2019.
She wrote;
"You see ehn, my Igbo brothers and sisters can be very blind and somewhat hard to reach.
Nnamdi Kalu is a deceitful, thieving, conniving, self centred bigot! He is not interested in the Igbo people at all! Na im pocket the guy con here con settle, nothing more….���� So, they brought the Python Dance to ala Igbo, and Mr. Kalu evaporated into thin air. They even made a big show of the demands to produce him etc.
Now that elections are nearing, he resurfaces. And he will surely tell a brave tale of his miraculous escape from the pythons. Ala gba gbu kwa gi there this guy!���� Next we know now, he will be telling the undiscerning Igbos not to come out an masse to vote out Buhari.
Results: Buhari – his PAY MASTER – wins the election in 2019 with his sure banker 6 million votes from the North and South West. GOD FORBID! Not on my watch biko!
Your evil plans will not work!
Chop your money oh, enjoy your life in Jerusalem or wherever on earth they settled you at, but leave our"
https://lailasnews.com/igbos-can-be-very-blind-presidential-aspirant-eunice-atuejide-slams-nnamdi-kanu/
Thursday, October 18, 2018
How Saraki Stopped Akpabio From Speaking At The Senate (VIDEO)
@POLITICSNGR
PoliticsNGR has been furnished with video footage of the drama that occurred during a plenary session in the Senate earlier today.
Senate President, Bukola Saraki clashed with Senator Godswill Akpabio over his sitting position throwing the hallowed chambers into rowdiness.
PoliticsNGR has been furnished with video footage of the drama that occurred during a plenary session in the Senate earlier today.
Senate President, Bukola Saraki clashed with Senator Godswill Akpabio over his sitting position throwing the hallowed chambers into rowdiness.
Nigerians Vandalise Nigerian Embassy In Kenya Over The Killing Of A Nigerian
The Nigerian Embassy in Kenya, was, today, vandalised by some angry Nigerians protesting the killing of a Nigerian, who was a student of the United States International University-Africa, Nairobi.
Tuesday, October 16, 2018
Van Vicker And Wife, Adjoa Vicker Celebrate 15th Wedding Anniversary
Famous actor Van vicker And his pretty wife celebrates their wedding anniversary as he shares loveup photo with his pretty wife.
Congratulations to them.
Congratulations to them.
Nollywood actress, Iyabo Ojo Becomes Roladhairs Ambassador (Photos)
CEO of Fespris and Nollywood actress, Iyabo Ojo just bag an endorsement deal with Roladhairs.
Iyabo Ojo just signed and sealed the endorsement deal as the face and brand ambassador of Roladhairs.
Iyabo Ojo just signed and sealed the endorsement deal as the face and brand ambassador of Roladhairs.
'We Will Make Nigeria Liveable Again' - Buhari Assures
President Muhammadu Buhari on Tuesday said that the sheer desperation that makes Nigerian youths dare both the Sahara Desert and the Mediterranean Sea, all in the bid to take up menial jobs in Europe, is hurting the pride of the country.
Monday, October 15, 2018
Snakes Invade Flooded Homes Of Villagers In Bayelsa As Residents Lament. Photos
While the people of Amassoma community in Southern Ijaw Local Government Area of Bayelsa State are crying over massive flood which has ravaged most parts of their region, it has been gathered that the residents are also suffering from issue of snakes invading their homes.
According to a Facebook user, the snakes are now invading the residences of the villages most especially hiding in the ceiling in the flooded area.
Sunday, October 14, 2018
Hauwa Liman & Alice Loksha May Be Killed Tomorrow By Boko Haram - ICRC's Alarm
ICRC workers have raised alarm over the impending execution of their colleagues who were Kidnapped in the Northern part of Nigeria by Boko Haram.
"In March, she was kidnapped. Tomorrow, she could be executed.
Hauwa is a daughter, a sister, a friend. A young woman with a future ahead of her.
We are pleading for her life to be spared.
"In March, she was kidnapped. Tomorrow, she could be executed.
Hauwa is a daughter, a sister, a friend. A young woman with a future ahead of her.
We are pleading for her life to be spared.
Lionel Messi's Family Brand Maradona 'ignorant' For Discrediting Barcelona Star
Lionel Messi's family have hit back at Diego Maradona after the Argentinian soccer legend launched an attack at the Barcelona star
During an interview on Mexican television, Maradona accused his fellow compatriot Lionel Messi of not being a natural leader for Argentina and urged his country to stop treating the Barcelona icon as a 'God'. Read previous report here.
Now Messi's cousin Maxi Biancucchi has hit back by saying Maradona was 'ignorant' over his comments.
The 34-year-old, a professional footballer with second division Paraguayan side Rubio Nu who is nicknamed El Primo de Messi - Spanish for Messi's cousin - raged: 'It's ignorant to discredit Leo.
'It's sad to see how someone who boasts of being a leader can talk so badly about a player who's currently the best we've got and will probably be so for a long time yet.
And he's done it at a time when he should be helping to rebuild if he loves the national side as he says he does.'
News via Gistmore :: http://gistmore.com/lionel-messis-family-brand-diego-maradona-ignorant-discrediting-barcelona-star
During an interview on Mexican television, Maradona accused his fellow compatriot Lionel Messi of not being a natural leader for Argentina and urged his country to stop treating the Barcelona icon as a 'God'. Read previous report here.
Now Messi's cousin Maxi Biancucchi has hit back by saying Maradona was 'ignorant' over his comments.
The 34-year-old, a professional footballer with second division Paraguayan side Rubio Nu who is nicknamed El Primo de Messi - Spanish for Messi's cousin - raged: 'It's ignorant to discredit Leo.
'It's sad to see how someone who boasts of being a leader can talk so badly about a player who's currently the best we've got and will probably be so for a long time yet.
And he's done it at a time when he should be helping to rebuild if he loves the national side as he says he does.'
News via Gistmore :: http://gistmore.com/lionel-messis-family-brand-diego-maradona-ignorant-discrediting-barcelona-star
Ekiti: Fayose Ends Tenure In Tears, Says He Will Be Back
Outgoing Ekiti State Governor Ayo Fayose bade a tearful farewell to the people of the state as his tenure finally ended on Sunday.
Fayose shed tears shortly after a thanksgiving service held in his honour at the Government House Chapel on Sunday.
Fayose shed tears shortly after a thanksgiving service held in his honour at the Government House Chapel on Sunday.
Saturday, October 13, 2018
Buhari Bans 50 High-profile Nigerians From Travelling
The presidency has just circulated the statement below announcing the placement of 50 high-profile Nigerians on travelling restrictions.
The individuals, whose identities were not disclosed, include those whose assets, valued at N50million and above, are subject of corruption investigation and litigation.
The individuals, whose identities were not disclosed, include those whose assets, valued at N50million and above, are subject of corruption investigation and litigation.
Davido And Chioma Visit Atiku Abubakar (Photo)
Super star musician, Davido and his girlfriend Chioma visit PDP Presidential Candidate, Alhaji Atiku Abubakar.
https://mobile.twitter.com/iam_Davido/status/1051107255481962496?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
https://mobile.twitter.com/iam_Davido/status/1051107255481962496?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
SEE PHOTOS: Buhari Bans 50 High-profile Nigerians From Travelling
Friday, October 12, 2018
Peter Obi Pops Champagne As Atiku Picks Him As Running Mate
It was a merry moment earlier today after the Peoples Democratic Party presidential candidate in the February 14, 2019 election, Atiku Abubakar, picked former Governor of Anambra State, Mr. Peter Obi, as his running mate.
Thursday, October 11, 2018
Senate Approves N189bn Budget For INEC
The Senate yesterday approved the sum of N189,207,544,893 as budgetary allocation to the Independent National Electoral Commission (INEC) for the conduct of the 2019 general election.
The chairman, Senate Committee on Appropriation, Senator Danjuma Goje, announced this yesterday during a meeting on the submission of harmonised report of INEC 2019 general election supplementary budget estimates.
The chairman, Senate Committee on Appropriation, Senator Danjuma Goje, announced this yesterday during a meeting on the submission of harmonised report of INEC 2019 general election supplementary budget estimates.
2019: Presidency Accepts Atiku's Challenge, Releases Buhari's Achievements
The Presidency on Thursday morning released 64 achievements of the President Muhammadu Buhari’s administration in the agricultural sector.
Buharis media aide, Lauretta Onochie, released the achievements in a statement on Facebook titled ‘Sixty Four Achievements of President Muhammadu Buhari in Agricultural Sector’.
List of achievements below:
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.
Buharis media aide, Lauretta Onochie, released the achievements in a statement on Facebook titled ‘Sixty Four Achievements of President Muhammadu Buhari in Agricultural Sector’.
List of achievements below:
“1) The anti-corruption drive of Mr. President put to a halt the exogenous leakages in the Agricultural sector to encourage, empower, and enhance the locally made farm produce thereby increasing our internally generated revenue (IGR) index and foreign exchange capacity and reserve to over $45 Billion in cash and bonds.
Wednesday, October 10, 2018
Mercy Johnson Joins Campaign As She Supports Her Husband's Political Ambition
There is a popular saying that 'behind every successful man there is a strong woman', and actress Mercy Johnson and her hubby are the perfect examples for this quote.
Popular Nollywood actress, Mercy Johnson, has been captured on camera, supporting her husband,
Popular Nollywood actress, Mercy Johnson, has been captured on camera, supporting her husband,
Antoine Griezmann: Messi, Ronaldo And Modric Should Not Win 2018 Ballon D'or
Atletico Madrid striker Antoine Griezmann has stated that Cristiano Ronaldo, Lionel Messi and Luka Modric Should all miss out on the 2018 Ballon D'or.
Griezmann believes the highly contested award should go to a World Cup winner.
Griezmann was part of the France squad that won the 2018 World Cup In Russia for just the second time and the first time since 1998.
Griezmann believes the highly contested award should go to a World Cup winner.
Griezmann was part of the France squad that won the 2018 World Cup In Russia for just the second time and the first time since 1998.
Anambra Workers Threaten Strike Over Missing Pension Funds.
The Nigeria Labour Congress (NLC) in Anambra state has raised alarm over the fate of workers’ contributory pension funds deducted from their salaries since 2014. The workers’ contribution is alleged by sources to be missing.
Adel Amrouche Quits As Libya Coach 4 Days Before Super Eagles Clash
Adel Amrouche has quit his role as coach of Libya four days before they face the Super Eagles of Nigeria in 2019 Africa Cup of Nations (AFCON) qualifier.
The Mediterranean Knights of Libya are top of the group E AFCON qualification group ahead of the double header against the Super Eagles of Nigeria.
The Mediterranean Knights of Libya are top of the group E AFCON qualification group ahead of the double header against the Super Eagles of Nigeria.
Nysc Winding-up/passing-out Date 2017 Batch ‘b’ Steam I - See Pop Event Dates
National Youth Service Corps, NYSC 2017 Batch ‘B’ (Stream one) Winding-up/Passing Out date has been announced.
The Management of the National Youth Service Corps has fixed Thursday, 18th October, 2018 for the Winding up/Passing out activities of the 2017 Batch ‘B’ Stream I Corps Members Nationwide.
NYSC 2017 Batch B Stream I POP Events:
The Management of the National Youth Service Corps has fixed Thursday, 18th October, 2018 for the Winding up/Passing out activities of the 2017 Batch ‘B’ Stream I Corps Members Nationwide.
NYSC 2017 Batch B Stream I POP Events:
Tuesday, October 9, 2018
EFCC Arraigns Man For Defrauding Army General N180m
The Economic and Financial Crimes Commission, EFCC, on October 8, 2018 arraigned one Mohammed Sanni Zubair, before Justice Ijeoma L. Ojukwu of the Federal High Court, sitting in Maitama, Abuja, on a 4-count charge of fraud.
Alex Asogwa Bags Two Endorsement Deals
Bbnaija star known as Alex bag two new endorsement in a day. See photos below
It seems Bbnaija babes are making it real big.
It seems Bbnaija babes are making it real big.
INEC Bars Buhari, Atiku, Others From Campaigning Till Nov. 18
There should be no public campaigning by presidential candidates until November 18, the Independent National Electoral Commission (INEC) said yesterday.
This is in line with the timelines given by the agency and the provisions of the Electoral Act, INEC Chairman Prof. Mahmood Yakubu said.
This is in line with the timelines given by the agency and the provisions of the Electoral Act, INEC Chairman Prof. Mahmood Yakubu said.
Phyno Celebrates His 32nd Birthday Today
Birthday: Phyno Turns 32 Today
Chibuzor Nelson Azubuike (born 9 October 1986), better known by his stage name Phyno, is a Nigerian rapper, singer, songwriter and record producer.
Chibuzor Nelson Azubuike (born 9 October 1986), better known by his stage name Phyno, is a Nigerian rapper, singer, songwriter and record producer.
Monday, October 8, 2018
Apply For Lagos State University Teaching Hospital Recruitment 2018
The Management Board of Lagos State University Teaching Hospital, Ikeja, Lagos State, hereby invites applications from interested and suitably qualified candidates to fill the vacant position below:... See details here ==>>> https://www.careerprovince.com/lagos-state-university-teaching-hospital-recruitment/
Why Delegates Dumped Tambuwal For Atiku
The battle line between the main contenders in next year’s general elections was finally drawn yesterday as former Vice President Atiku Abubakar emerged as the standard bearer of the opposition Peoples Democratic Party (PDP).
JAMB Offers 200,000 Admission: Accept Or Reject Before 16th Oct.
JAMB Offers Admission to 200,000 First Choice Candidates : Accept or Reject Offer Before Oct 16 | Joint Admissions and Matriculation Board (JAMB) has offered over 200,000 candidates admission into tertiary institutions, for the 2018/2019 academic session. Admitted candidates are urged to ACCEPT or REJECT the offer on or before
We Will Impeach Saraki – Ahmed Lawan
Ismail Omipidan and Romanus Ugwu, Abuja
Senate Majority Leader, Ahmed Lawan, has assured the leadership of the All Progressives Congress (APC), and President Muhammadu Buhari, that the party’s senate caucus will impeach Senate President, Dr. Bukola Saraki, when lawmakers reconvene.
Senate Majority Leader, Ahmed Lawan, has assured the leadership of the All Progressives Congress (APC), and President Muhammadu Buhari, that the party’s senate caucus will impeach Senate President, Dr. Bukola Saraki, when lawmakers reconvene.
Saturday, October 6, 2018
Davido Performs At PDP Presidential Primary In Port Harcourt
Following his openly love for the opposition through his support for his uncle Senator Ademola Adeleke in the highly controversial Osun State election days ago, Nigeria Afro-pop superstar and DMW boss David Adeleke, known as Davido performed at the ongoing People's Democratic Party (PDP) National Convention & presidential primary in Port-Harcourt, Rivers State.
APC National Convention In Abuja
Checkout photos of top delegates spotted at the APC national convention currently going on in Abuja.
Friday, October 5, 2018
Hairdresser Tries To Pullout The Hair She Made For A Slay Queen Who Couldn't Pay
Hair dresser seen trying to pullout the hair she made for a slay queen who refused to pay up, last week, in Ekpoma, Edo State
Juventus Issue Statement On Cristiano Ronaldo Rape Allegations
Juventus have come out to defend forward Cristiano Ronaldo amid Allegations of Rape.
The 33-year-old has been accused of rape by former night club worker Kathryn Mayorga.
Mayorga, born in Nevada claims the incident happened in 2009, the same night after which Manchester United accepted a bid from Real Madrid for the Portuguese.
But the former Real Madrid player has denied the claims.
The 33-year-old has been accused of rape by former night club worker Kathryn Mayorga.
Mayorga, born in Nevada claims the incident happened in 2009, the same night after which Manchester United accepted a bid from Real Madrid for the Portuguese.
But the former Real Madrid player has denied the claims.
Ronaldo's Sponsors, Nike & EA, Express 'Deep Concerns' Over Rape Allegations
Nike has said it is "deeply concerned" by rape allegations against footballer Cristiano Ronaldo.
The US sportswear giant - which has a contract worth a reported $1bn (£768m) with Ronaldo - said it would "continue to closely monitor the situation", the Associated Press reports.
The US sportswear giant - which has a contract worth a reported $1bn (£768m) with Ronaldo - said it would "continue to closely monitor the situation", the Associated Press reports.
Osun state Election: Saraki Leads PDP Protest To INEC Secretariat
Nigeria's Senate President, Bukola Saraki led a PDP protest to INEC Secretariat over the Osun Election which has generated so much controversy.
Wednesday, October 3, 2018
Patrick Obahiagbon Kneeling To Beg APC Delegates In Edo State (Photos)
Popular Nigerian lawmaker, Patrick Obahiagbon, pictured above kneeling as he begged Edo state APC members to vote for him so he can be the party's flagbearer in the Edo South Senatorial district election.
Saraki Wins AIT Social Media Poll On Who Is A Greater Threat To Buhari
AIT held a Public perception polls about who poses greater threat among the PDP candidates to President Buhari come 2019 presidential elections.
Monday, October 1, 2018
NNPC Announces N18.12bn Trade Surplus
The Nigerian National Petroleum Corporation (NNPC) says it made a trade surplus of N18.12 billion in the month of May, higher than N17.16 billion in April 2018.
The Corporation made the disclosure in a statement signed by its Spokesman, Mr Ndu Ughamadu in Abuja on Monday.
He said details of the transactions was published in the corporation’s May 2018 edition of the Monthly Financial and Operations Reports. He noted that the report indicated that the additional monthly trade surplus of N0.96bn was mainly due to increased performance of some of the corporation’s subsidiaries.
He named the subsidiaries to include the Nigerian Petroleum Development Company (NPDC), Petroleum Products Marketing Company (PPMC), Nigerian Pipelines and Storage Company (NPSC) and Marine Logistics. “Within the period, the NNPC Group performance was mainly impacted by NPDC’s performance which recorded a favorable variance of N18 billion due to increase in revenue with parallel decrease in expenses. “This resulted in N20.93billion net increase in the upstream gas and power surplus,’’ he said He added that the report indicated that the increase in performance was bolstered by relatively high production volumes of 1.97 million barrels per day in April, which was sold in May, thereby reducing cost per unit.
Emmanuel Asuquo Shot Dead In Akwa Ibom State.(Photos)
Another corpse has been recovered following the violence that erupted during the All Progressives Congress (APC) primary election yesterday in Uyo, Akwa Ibom state.
The latest victim identified as Engr. Emmanuel Asuquo, the younger brother of the Etim Ekpo Chapter Chairman of APC and a party agent of Senator Udoedehe - was allegedly shot dead when Etim Ekpo governorship primary election materials were released at the APC State Secretariat complex, Ikot Ekpene Road, Uyo.
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