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OIL & GAS
NNPC Battles Deepening Fuel Scarcity, Black Market Booms
The Nigerian National Petroleum Company Limited has vowed to end the queues for Premium Motor Spirit, popularly called petrol,…
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OIL & GAS
MTN, Others Get Permits To Generate Electricity
The Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and…
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ASSETS & FINANCIALS
Stakeholders Charge New PenCom Boss On Retirees’ Benefits
Advocates in the pension industry have urged the newly appointed Director-General of the National Pension Commission, Omolola Oloworaran, to…
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NEWS LENS
Customs Intercept N1.8bn Expired Drugs
The Nigeria Customs Service, Apapa Area Command, has said it intercepted 12 containers of expired and controlled pharmaceutical products worth…
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OIL & GAS
Nigeria, Equatorial Guinea sign gas pipeline agreement
President Bola Tinubu and the President of Equatorial Guinea, Teodoro Mbasogo, on Wednesday, in Malabo signed an agreement on the…
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NEWS LENS
FG To Lose N188bn On Food Import Waiver – Customs
The Federal Government may forfeit N188.37bn worth of revenue due to the duty waiver granted for staple foods importation in…
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OIL & GAS
Dangote Refinery Refutes Marketers’ Projection On Petrol Price
The management of the Dangote petroleum refinery has stated that it has not fixed the price of the Premium Motor…
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OIL & GAS
NNPCL Postpones P’Harcourt refinery kick-off sixth time
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State,…
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OIL & GAS
NNPC Lowered Stake In Dangote Refinery For CNG Investment – Official
The spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, has disclosed that the state-owned energy firm reduced its…
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OIL & GAS
Nigeria’s Crude Oil Production Now 1.3mbpd – OPEC
Nigeria’s average daily crude oil production increased marginally to 1.307 million barrels per day in July, the Organisation of the…
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OIL & GAS
Marketers Project N600/litre For Dangote Petrol
Independent petroleum marketers in Nigeria are hoping that the Dangote Petroleum Refinery will sell its Premium Motor Spirit, popularly called…
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OIL & GAS
Dangote Petrol: Marketers Wait As Delivery Date Extended Again
There are strong indications that the Dangote Petroleum Refinery may not roll out petrol on Monday in line with its…
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ASSETS & FINANCIALS
Equity Market Gains N945bn Amid Renewed Bearish Concerns
The Nigerian equity market showed signs of recovery last week, posting a gain of N945bn in overall market performance. The…
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OIL & GAS
Edo Refinery Decries NNPCL’s Failure To Supply Crude
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited, has raised alarm over…
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FOTO BEACH
Osonwa Celebrates Daughter’s Academic Feat
Recently, one of the daughters of Barr. Emmanuel Osonwa, Legal Adviser, Clarion Bonded Terminal Limited, graduated with a First Class…
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OIL & GAS
Nigeria Doesn’t Need Fuel Importers Anymore, Refiners Warn
Owners of refineries in Nigeria have said that the country cannot continue to keep the businesses of fuel importers anymore,…
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OIL & GAS
Dangote Refinery Designed To Process Nigerian Crude – CEO
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery…
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OIL & GAS
NNPCL Demands N4.7tn Petrol Imports Refund
The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding…
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NEWS LENS
Nigeria Customs Reiterates Commitment To Curbing Small Arms, Weapon Import
The Nigeria Customs Service (NCS) on Tuesday, re-echoed its readiness to intensify surveillance and strict enforcement measures to ensure greater…
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NEWS LENS
Apapa Customs, Again, Breaks Own Record With N201bn July 2024 Collection
The Apapa Port Command of the Nigeria Customs Service(NCS) has generated a total of N1,227,431,323,016.24 as revenue between January and July…
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