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Port Harcourt Refinery Sets Petrol Price at N1,030 per Litre
Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced that petrol from the Port Harcourt refinery will...
F.Adenike
Nov 29, 20241 min read
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Port Harcourt Refinery Commences Operations to Alleviate Fuel Scarcity - Reps
Port Harcourt refinery has commenced operations. This development is being hailed as a transformative step towards achieving energy...
F.Adenike
Nov 27, 20241 min read
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CBN Increases Interest Rate to 27.5%
The Central Bank of Nigeria (CBN) has once again increased the benchmark interest rate, raising it by 25 basis points from 27.25% to...
F.Adenike
Nov 26, 20241 min read
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Port Harcourt Refinery Begins Operations, 200 Trucks to Load Petroleum Products Daily - Presidency
Nigeria's Presidency announced a significant milestone in the country's energy sector: the commencement of operations at the...
F.Adenike
Nov 26, 20241 min read
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NNPCL and NUPRC Align on Production Figures
Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns regarding discrepancies in reported crude oil production...
F.Adenike
Nov 25, 20241 min read
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NLC Confirms December 1 Deadline for State Governors to Implement New Minimum Wage
The Nigeria Labour Congress (NLC) has reaffirmed its ultimatum for state governors to implement the new minimum wage by December 1, 2024....
leksol
Nov 24, 20242 min read
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Dangote Refinery's Jet Fuel Exported to Major International Airports
The Dangote Refinery has achieved a significant milestone by exporting its jet fuel to major international destinations, including...
leksol
Nov 24, 20241 min read
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Dangote Refinery Faces Crude Shortfall as NNPC Misses Naira-for-Crude Targets
Dangote Refinery has reported that the Nigerian National Petroleum Company Limited (NNPC) has not met its crude supply targets under the...
F.Adenike
Nov 23, 20241 min read
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NNPCL Rejects Dangote Refinery's Lawsuit, Claims Court Lacks Jurisdiction
The Nigeria National Petroleum Corporation Limited (NNPCL) has challenged a lawsuit filed by Dangote Petroleum Refinery and...
F.Adenike
Nov 21, 20241 min read
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Ford to Cut 4,000 Jobs Across Europe
Ford has announced plans to cut 4,000 jobs across Europe by the end of 2027. This decision is part of a broader strategy to address...
F.Adenike
Nov 20, 20241 min read
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Dangote Seeks Billions in Loans to Bolster Crude Supply - Report
Africa's wealthiest individual and a prominent Nigerian business magnate, Aliko Dangote is actively seeking billions of dollars in loans...
Esther
Nov 18, 20242 min read
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Dangote Refinery, IPMAN Strike 60m Litre Weekly Fuel Deal
Dangote Refinery has partnered with the Independent Petroleum Marketers Association of Nigeria (IPMAN) to supply 60 million liters of...
F.Adenike
Nov 18, 20241 min read
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Nigeria's External Debt Burden Soars to $1.36 Billion
Nigeria's debt servicing costs surged to $1.36 billion, marking a significant 216.07% increase from the same period in 2023. This...
F.Adenike
Nov 18, 20241 min read
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Court Halts NBC's Power to Fine and Sanction Media Outlets
The Federal High Court in Lagos has ruled against the National Broadcasting Commission (NBC), preventing it from imposing fines or...
F.Adenike
Nov 17, 20241 min read
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NNPCL Denies Rumours of Kyari's Imminent Resignation as GCEO
Nigerian National Petroleum Company Limited (NNPCL) has firmly dismissed rumors suggesting that its Group Chief Executive Officer (GCEO),...
F.Adenike
Nov 16, 20241 min read
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Nigeria's Economic Reforms Struggle With Inflation, Policy Challenges - IMF Report Reveals
The Nigeria's economic reforms, initiated 18 months ago, are yet to deliver the anticipated positive outcomes. The report paints a...
F.Adenike
Nov 16, 20241 min read
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NNPCL Clarifies Reports on Fuel Imports and Affirms Commitment to Domestic Refineries
The Nigerian National Petroleum Company Limited (NNPCL) has firmly denied reports suggesting it has halted the importation of refined...
F.Adenike
Nov 15, 20241 min read
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NNPCL Daily Crude Oil Production Reaches 1.8 Million Barrels
The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant achievement in its crude oil production, reaching a...
F.Adenike
Nov 14, 20241 min read
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Nigeria Targets $10B Power Investment through Private Sector Collaboration
Nigeria has announced plans to secure a $10 billion investment through collaboration with the private sector. This initiative aims to...
F.Adenike
Nov 13, 20241 min read
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FG Prohibits Pilots from Flying for Multiple Airlines to Ensure Industry Safety Standards
The Federal Government of Nigeria has issued a directive prohibiting licensed flight crew members from working for multiple airlines. ...
F.Adenike
Nov 12, 20241 min read
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