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OIL & GAS
NNPC, Firm Partner To Raise P’Harcourt Refinery’s Capacity
Port Harcourt Refinery The Nigerian National Petroleum Company Limited has signed an agreement with the African Refinery Port Harcourt Limited…
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ASSETS & FINANCIALS
Equity Market Reverses Downtrend As Investors Gain N26bn
After days of sustained bearish trading, the Nigerian exchange recorded a 0.05 per cent increase in the All-Share Index as…
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ASSETS & FINANCIALS
‘FG Must Sustain Moves To Stabilise Naira’
The Federal Government through the Central Bank of Nigeria has been urged to sustain recent moves and policies being rolled…
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OIL & GAS
Dangote: Forex Shortage Delays Crude Supplies
Aliko Dangote Chinese state energy major, PetroChina, has been waiting to unload a cargo of United States crude at Nigeria’s…
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OIL & GAS
IOCs Insist On Dollar Payment For 80% Crude Sale
Oil worker To purchase crude oil, modular refineries are to now pay 80 per cent of the amount in the…
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NEWS LENS
FG Suspends Dana Air Licence After Lagos Airport Incident
The Nigerian Civil Aviation Authority has suspended the Air Operators Certificate of Dana Air. This came barely 24 hours after…
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OIL & GAS
Report Ranks Dangote Over Europe’s Big Refineries
Alhaji Aliko Dangote The Dangote refinery has been ranked above the 10 biggest refineries in Europe because of its capacity,…
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OIL & GAS
$500m Funds: Lokpobiri, Ex-local Content Boss Clash
Lokpobiri, Minister of State for Petroleum Petroleum Resources The face-off between the Minister of State for Petroleum Resources (Oil), Heineken…
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OIL & GAS
Dangote Drops Diesel To N940, Stations Sell N1,400
Oil marketers have continued to dispense Automotive Gas Oil, popularly called diesel, at a price between N1,350/litre and N1,450/litre in…
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ASSETS & FINANCIALS
CBN Releases More Dollars As Naira Weakens To 1,300/$
Cardoso, CBN Governor The naira depreciated further against the United States dollar at the official market on Tuesday, closing at…
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ASSETS & FINANCIALS
Emefiele Printed N684.5m With N18.9bn, Says EFCC In Fresh Charge
Godwin Emefiele, Former CBN Governor The Economic and Financial Crimes Commission has filed a fresh charge at the High Court…
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NEWS LENS
FG Rolls Out 2,700 CNG Buses, Tricycles May 18
The Presidency has said it is set to launch about 2,700 Compressed Natural Gas-powered buses and tricycles before May 29…
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OIL & GAS
FG Probes $500m Local Content Loans, Projects
Minister of State for Agriculture and Rural Development, Sen. Heineken Lokpobiri The Federal Government says it is reviewing loans and…
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NEWS LENS
FG Plans Crackdown On Unregistered Port Service Providers
The Federal Government, through the Nigeria Shippers Council, has stated that it will mandate port service providers and users to…
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OIL & GAS
Marketers Eye N700/litre Diesel After Dangote Price Cut
Aliko Dangote The Independent Petroleum Marketers Association of Nigeria says it is expecting that the Dangote refinery will reduce the…
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WOMAN OF FORTUNE
BOLACIOUS ADESOLA
Mrs. Bola Adesola is the Managing Director and Chief Executive Officer of Standard Chartered Bank Limited, Nigeria. Bola also provides…
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BEARS & BULLS
BEARS: Cheer Not For Single Window Committee
President Tinubu The news that President Bola Tinubu has set up a committee for the implementation of National Single Window…
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BEARS & BULLS
BULLS: Joy In Suspense With Shippers’ Council
The management of the Nigerian Shippers’ Council(NSC) recently bent towards the cries of Nigerian shippers by suspending the new haulage…
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PERISCOPE
The Return Of Sanity On Ports Access Road
Before now, the federal government, importers, exporters, clearing agents and other road users were losing several billions of naira to…
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ON THE SPOT MANAGER
NIMASA’s Headquarter’s Relocation: The Many Mistakes
BY ENYERIBE AYANWU Until March 2023, the headquarters of the Nigerian Maritime Administration and Safety Agency (NIMASA) was No. 4…
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