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OIL & GAS
IPMAN Warns Against Losses As SGR Sells Petrol At N899/litre
As the Federal Government ordered the return of the naira-for-crude policy, the Independent Petroleum Marketers Association of Nigeria has warned…
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OIL & GAS
OPEC Cuts Global Oil Demand Growth Forecasts Over US Tariffs
The Organisation of the Petroleum Exporting Countries on Monday slightly cut its forecast for oil demand growth, citing the impact…
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NEWS LENS
NAPTIP, MMS WoFHoF Initiative Sign MoU On Human Trafficking In Maritime Sector
The National Agency for the Prohibition of Trafficking in Persons(NAPTIP) has signed a Memorandum of Understanding(MoU) with the MMS Woman…
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NEWS LENS
$700m Ports Rehabilitation Project Suffers Delay
The $700m port rehabilitation project billed to commence in the second quarter of 2025 has been delayed by a few…
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OIL & GAS
Again, Crude Output Drops Amid Global Price Crash
As the world battles a global crude price crash, Nigeria’s average daily crude output has fallen again in March, threatening…
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NEWS LENS
Zamfara Airport To Begin Operations In Four Months – Gov Lawal
Governor Dauda Lawal of Zamfara State has announced that the state’s airport is nearing completion and is expected to be…
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FOTO BEACH
Tin Can Port Moves To Shore Up Revenue
In a rare corporate communications move to spur terminal operators to action, the management of Tin Can Island Port, last…
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NEWS LENS
Tin Can Port Confers Awards On 5 Terminal Operators
The Tin Can Island Port(TCIP), one of the ports managed by the Nigerian Ports Authority(NPA) has recognized five terminal operators…
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NEWS LENS
Agents Seek Two-Year Validity For Brokerage Licence
The Africa Association of Professional Freight Forwarders and Logistics of Nigeria has recommended a two-year validity period for broking licences…
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OIL & GAS
FG, Chinese Firm Sign $328.8M Electricity Transmission Agreement
The Federal Government on Wednesday signed a $328.8m contract with Chinese firm China Machinery Engineering Corporation to rehabilitate and expand…
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NEWS LENS
Leverage NPA’s Easy Export Processes, Dantsoho Tells Traders
The Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, has urged traders and the general public to explore…
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OIL & GAS
Crude Crashes To $60 As China Raises Tariff Against US
Crude oil prices crashed further on Wednesday as Brent fell to $60 per barrel down from about $63 on Tuesday.…
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NEWS LENS
Shippers Council’s Ports Regulation Bill Gets NASS Approval
The Nigerian Shippers’ Council has announced that the Nigerian Port Economic Regulatory Agency Bill has been passed by the National…
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OIL & GAS
FEC Orders Full Implementation Of Naira-For-Crude Deal
The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with local refiners. The Ministry…
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POLITICS
11 PDP Governors Urge S’Court To Halt Rivers Emergency Rule
A total of 11 governors of the Peoples Democratic Party have approached the Supreme Court challenging what powers President Bola…
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NEWS LENS
FAAN Engages Customs CG, NSA To Prevent Strike
The Federal Airport Authority of Nigeria has engaged with the Controller General of the Nigeria Customs Service, Adewale Adeniyi, in…
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ASSETS & FINANCIALS
Naira Shed 2.6% In March Despite $668m CBN Intervention
The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange…
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NEWS LENS
300 NIMASA Cadets Sail On Our Vessels, Says NMSL
The Nigeria Liquefied Natural Gas Shipping and Marine Services Limited has stated that about 300 cadets from the Nigerian Seafarers…
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OIL & GAS
Communities Issue 14-Day Ultimatum To Shut Down Oil Production
Nigeria’s oil production faces a fresh crisis as host communities in Bayelsa State’s coastal region have issued a 14-day ultimatum…
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NEWS LENS
NCAA Warns Airlines Against Deportation Of Nigerian Passengers
The Nigeria Civil Aviation Authority has cautioned international airlines on the increasing complaints from passengers who are transported halfway to…
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