Justice Taiwo Taiwo of the Abuja Division of the Federal High Court yesterday ordered oil giant, Mobil Producing Nigeria Unlimited and its Joint venture partner, Nigerian National Petroleum Corporation (NNPC) to pay the total sum of N81.9 billion as damages to Ibeno communities in Akwa Ibom State over oil pollution.

The United Arab Emirates, UAE, has announced indefinite suspension of flights from Nigeria to Dubai.

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has expressed fears that the rising prices of crude oil in the international market could cause major challenges for resource-dependent nations like Nigeria.

The Nigeria Customs Service (NCS) says the African Continental Free Trade Area (AfCFTA) agreement is yet to implemented because trade leaders in all African countries are still meeting to finalise the rules of origin criteria.

Green Africa has temporarily suspended new bookings on its site as Nigerian Civil Aviation Authority (NCAA) has delayed the operations of the airline till July 2021

A recent annual report from the Organisation of Petroleum Exporting Countries (OPEC) has disclosed that Nigeria earned $997.1 billion from its sale of crude oil between 1990 and 2017, a period of 27 years.

Air Peace Limited has commenced daily flight operations to Ilorin from Lagos and from Ilorin to Abuja.

The Federal Government has disclosed that the balance in the excess crude oil revenue account rose to about $60,850,975.92 as at June 16, 2021.

Nigeria realised about $34.22billion as earnings from oil and gas sector operations in 2019, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said.

Lagos State Governor, Mr. Babajide Sanwo-Olu, has commissioned the reconstructed and remodelled Yaba Bus Terminal to the excitement of residents.

The Bayelsa State Government and the United Nigeria Airlines have signed a Memorandum of Understanding to seal a partnership deal for the commencement of commercial flight operations at the state-owned Bayelsa International Airport next month. 

The Central Bank of Nigeria (CBN) has agreed to print the Gambian Dalasi.