French energy giant Total signed mega contracts with Iraq worth $27bn to develop oil fields, natural gas and a crucial water project that officials said Monday will be key for the oil-rich country to maintain crude output. The deals were signed on Sunday with Prime Minister Mustafa al-Kadhimi in attendance, according to a Ministry of…
Taiwan says 19 Chinese military aircraft, including nuclear-capable bombers, entered its southwestern airspace on Sunday, the latest in a string of almost daily incursions by China’s air force. The Ministry of National Defense said it tracked the 19 Chinese planes as they flew into its air defence identification zone (ADIZ), and issued radio warnings to…
Trust Africa News, Ayomide Otitoju Redwood Consulting has announced Jerry Sawyerr as General Manager, to lead the company’s reintegration and restructuring plans as the company expands its service offerings across its verticals – Public Relations, Marketing Consulting and Research. “Jerry is truly an exceptional find as he brings with him an impressive and well-rounded 20-years’…
The U.S. Department of Energy has authorized Exxon Mobil Corp. to receive crude from the Strategic Petroleum Reserve to kickstart the production of fuels while most oil production in the Gulf of Mexico remains shut. The oil company will be getting 1.5 million barrels of DOE-supplied oil for its Baton Rouge refinery, the DOE said….
Facebook Inc.’s WhatsApp was ordered to pay a 225 million-euro ($266 million) penalty for failing to be transparent about how it handled personal information, its first fine under beefed-up European Union data protection law. The Irish Data Protection Commission — Silicon Valley’s main privacy watchdog in Europe — said it found violations in the way…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has begun phase three tracking of over 118 Executive and Constituency projects worth N4.5 billion in Yobe. Mr Laban Emmanuel, ICPC Team Leader in the state, disclosed this in an interview with the News Agency of Nigeria (NAN) on Thursday in Damaturu. He…
For many people, a mobile device is not just for making and receiving calls. It contains valuable applications and personal information that can bring about disastrous outcomes if it falls into the wrong hands. Hence, with the loss of a mobile device comes the fear of data breach, impersonation and fraud. However, Access Bank has…
The Permanent Secretary, Ministry of Petroleum Resources, Dr Sani Gwarzo, Says effective implementation of the Petroleum Industry Act (PIA) will drive purposeful investment in the oil and gas sector. Gwarzo made this known at the virtual Nigeria oil and Gas outlook 2021 with the theme “Achieving Energy Security; the Engine for Secured Economic Growth” on Monday….
Tranding on the nation’s bourse resumed for the week on a negative mood with a loss of N83 billion following sell pressure on bellwether stocks. Specifically, the market capitalisation which opened for the week at N20.572 trillion dipped N83 billion or 0.40 per cent to close at N20.489 trillion. Also, the All-Share Index lost 158.98…
