NNPC loses $750m in 2019
By TVC News Nigeria
24 February 2020 | 8:27 am
This edition of Business Nigeria dissects crude oil theft and the losses it has brought upon Nigeria as a nation.
24 Nov 2021
The US has announced it will release 50 million barrels of oil from its strategic reserves, in coordination with several major consumer nations including China and India.
26 Nov 2021
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate (MPR) at 11.5%, whilst keeping all other monetary parameters constant.
26 Nov 2021
Three weeks after the Santa Barbara wellhead failed, it is still blasting water, gas and oil across Nembe in Nigeria's Delta, littering the shoreline and water with yellow-brown clumps of waste as cleanup crews and booms struggle to contain it. Santa Barbara wellhead owner Aiteo Eastern E&P, the petroleum minister and Nigeria's president have all promised that specialist workers would quickly stop the spill. But experts say the difficulties containing it are a reminder of how the once-fertile, fish-filled creeks, mangrove swamps and waterways that crisscross Nigeria's Delta became some of the most polluted areas on the planet amid decades of energy exploration.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
4 Dec 2021
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
7 Dec 2021
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
8 Dec 2021
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
19 Dec 2021
Traditionally, growing avocados requires lots of water. But entrepreneurs in Nigeria are attempting to grow them in a new water-saving and sustainable way by using drip irrigation systems and recycling water.
8 Dec 2021
Africa's abundant sunshine is ideal for renewable energy production. But the continent relies heavily on crude oil. Experts warn that the economy will continue to suffer if governments don't wean themselves off of oil.
8 Dec 2021
Here are a few reasons to pick up a copy of The Guardian on Thursday
12 Dec 2021
On GirlZOffMute, we're in Nigeria with the nine-year-old, multi-talented artist Lisa Ebube Nnabuihe, aka Little Lisza. Apart from composing her own songs, she remixes those of famous Nigerian musicians. But which of her remixes is her favorite? And why does Lisa take such pride in her Igbo culture? Listen to what she told our teen reporter who is also a Hollywood star – Angel Onyi Unigwe.
2 hours ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
5 hours ago
Around 300 inmates remained at large on Wednesday (July 6) after a suspected raid by Islamist Boko Haram militants on a prison in Nigeria's capital Abuja on Tuesday (July 5) night, an interior ministry official said. Shuaib Belgore, permanent secretary at the interior ministry, told journalists outside the 900-inmate prison that a security officer was killed during the raid and three others were injured.
6 hours ago
Money, sex, relationships, career, and more! Every month, a new episode of an honest, inspirational, and exciting podcast brings you stories from guests that will win your heart or at least leave you thinking.
6 hours ago
A finished skeleton of a Gorgosaurus dinosaur that roamed the earth 77 million years ago will hit the auction block at Sotheby’s New York later this month.
9 hours ago
UK Prime Minister Boris Johnson has faced lawmakers' questions after two of the most-senior figures in his government resigned. The finance and health ministers said they could no longer tolerate the culture of scandal.