Nigeria news today headlines update Tuesday 5th November 2019

Nigeria news today headlines update Tuesday 5th November 2019

These are the Nigeria news today headlines update from Nigeria newspaper.

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Nigeria Newspaper Front Pages Today Tuesday 5th November 2019

MP Says US Incapable Of Taking Military Action Against Iran

Making the remarks in western Ilam province on the sidelines of the Nov. 4 rallies, which marks the US embassy takeover in Tehran by students in 1979, Naghavi Hosseinin said “after the Islamic Revolution, Americans made every effort to counter the Iranian nation and to halt its development, but the Islamic Republic was different from the Pahlavi
Independent Newspapers Nigeria.

83 Militants Killed In Sinai

Egyptian security forces have killed 83 militants in operations in central and North Sinai over the past month, the military said on Monday. The military also said forces detained 61 criminal suspects and found and detonated 376 explosive devices during the period, which it dated from Sept. 28, Asharq Al-Awsat reports. One officer and two
Independent Newspapers Nigeria.

Africans Pay More Than 3.5 Times For Mobile Data Than Others

People living in Africa are charged an average of 7.1 percent of their monthly salary for a gigabyte (GB) of mobile data, more than 3.5 times the threshold considered affordable. That’s according to a report by the Alliance for Affordable Internet (A4AI), which classifies the affordable rate as 2 percent of monthly income. It finds that progress towards competition is
Independent Newspapers Nigeria.

‘Nigeria’s Crude Oil Reserves Depleting’

Nigeria’s crude oil reserve has been depleting due to the failure of the country to encourage exploration and production which in-turn would have been boosting its reserves. Andrew Obaje, former Director of the Department of Petroleum Resources(DPR), informed that Nigeria stopped producing from new oil wells, when the oil bloc bid-rounds was abruptly brought to
Independent Newspapers Nigeria.

Vitol Withdraws From $1.5bn Deal To Buy Nigerian Oil Fields

Oil trader Vitol said it has quit a consortium that was set to buy a stake in two Nigerian oil fields from Brazil’s Petrobras, its former partner said at the weekend Africa Oil said it would conclude the $1.5 billion purchase alone after Vitol and Delonex Energy pulled out of the deal to buy half
Independent Newspapers Nigeria.

Kenya’s Economy To Grow Rapidly

Kenya’s economy is likely to expand by 6.0% next year, rising from the projected growth of 5.8% this year, due to a favourable weather outlook, the World Bank said on Thursday, REUTERS reports. East Africa’s biggest economy has grown by an average of more than 5% in the last five years but investors have been
Independent Newspapers Nigeria.

How To Stop Oil Theft – Nestoil Boss

The Group Managing Director of Nestoil Dr Ernest Azudialu-Obiejesi, has emphasised the need for the Nigeria Police to engage host communities deeply in developing strategies to protect Oil and gas installations across the country. Dr Obiejesi gave the advice while speaking in Lagos at the Senior Police Officers retreat, with the theme: ‘Protecting Critical Oil
Independent Newspapers Nigeria.

Nigeria’s Gas Potentials Can Catalyse Economic Revolution – DPR

The Department of Petroleum Resources, DPR, has stated that Nigeria is endowed with abundant gas resources which can catalyse industrial growth and development in addition to its role as a key revenue earner to government. Mr. Wole Ogunsola, the Deputy Manager gas division disclosed this during his presentation on the Nigerian Gas Sector at the
Independent Newspapers Nigeria.

Green Energy Boosts Grid With Additional 6MW As New Plant Takes Off

ABUJA – The national grid will soon get a boost following Green Energy International Limited, (GEIL) an indigenous oil firm’s readiness to start generating electricity from its initial six megawatts gas-to-power facility. GEIL said the plant, which is being constructed on its operational base in Ikuru Town, Rivers State, will provide uninterrupted power to host communities
Independent Newspapers Nigeria.

Petronor To Acquire 12% Of Aje Field

ABUJA – PetroNor oil Exploration and Production (E&P) company has concluded plans purchase Panoro Energy’s stake in the Aje oil and gas field off Nigeria, as part of a bigger strategy to expand its acreage in Africa. Oslo-listed, the company recently completed a merger with African Petroleum and will now pick up Panoro’s 12.2 percent interest […]
The post Petronor To Acquire 12% Of Aje Field appeared first on Independent Newspapers Nigeria.

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