Business
DSS intervenes in NNPCL/marketers dispute
The Nigerian National Petroleum Limited Company (NNPCL) has officially allowed oil marketers, represented by the Independent Petroleum Marketers Association of Nigeria (IPMAN), to begin...
Business
Dangote to begin crude oil production soon
Dangote Group is looking to start production at its two Nigerian oil assets in the fourth quarter of 2024, after enduring months of crude...
Business
Petrol price: ‘This is unfortunate and insensitive,’ Peter Obi reacts
Politician and presidential candidate of the Labour Party in the 2023 general election, Peter Obi has described the latest increase in price of Premium...
Business
FG permits marketers to lift fuel directly from Dangote refinery
The Federal Government has authorized petroleum marketers to directly source petrol from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPC).
This decision...
Business
Return petrol price to what it was in june 2023, TUC tells FG
The Trade Union Congress (TUC) has demanded the return of petrol prices to what they were as of June 2023.
“We want the price of...
Business
Nigeria can become a refining hub, save Africa billions of dollars annually – Dangote
Aliko Dangote says Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries,...
Business
All deposits in Nigerian banks are safe, CBN assures Nigerians
The Central Bank of Nigeria (CBN) has assured Nigerians not to panic as it has put in place policies to ensure that all monies...
Business
Nigerians await clarity as NNPCL quits as middleman in Dangote Refinery petrol purchase
NIGERIANS are still awaiting clarity on the decision of the Nigerian National Petroleum Company Limited (NNPCL) to quit as middleman in Dangote Refinery petrol...