Tinubu Approves NNPC’s Request To Use Dividends To Pay Subsidy, As Fuel Subsidies Gulp N6.8Trillion
President Bola Tinubu has granted approval for the Nigerian National Petroleum Company (NNPC) Limited to use its 2023 final dividends…
Nigerian Petrol Marketers Expect Dangote Refinery To Offer Petrol At N650 Per Litre
Nigerian petroleum marketers are anticipating that the upcoming Dangote Petroleum Refinery will offer Premium Motor Spirit (PMS), also known as…
#EndBadGovernance: Protests Have Cost the Economy N500bn, Says Trade Minister
Dr. Doris Uzoka Anite, the Minister of Industry, Trade, and Investment, has disclosed that the ongoing EndBadGovernance protest has resulted…
Edo Refinery Raises Concerns Over NNPCL’s Failure to Supply Crude for Production
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), has raised concerns over…
Dangote Refinery’s Diesel and Jet Fuel Supplies Set to Disrupt Europe’s Oil and Gas Industry: OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has highlighted that the supplies from Nigeria’s Dangote Refinery and Petrochemicals, the world’s…
Fuel Importers Will Undermine Dangote Refinery – Obasanjo
Former President Olusegun Obasanjo has expressed concerns that those benefiting from Nigeria’s fuel importation system may try to undermine the…
The Organisation of the Petroleum Exporting Countries increased output to 26.70 million bpd in July, up from 26.60 million bpd in June.
OPEC’s oil output increased in July, according to a Reuters survey released on Friday, with a rise in Saudi Arabian…
Fidelity Bank Chairman Chike-Obi States Otedola and Elumelu’s Support for Windfall Tax Doesn’t Represent Banks’ Collective Stance
Mustafa Chike-Obi, Chairman of Fidelity Bank Nigeria, has announced that the “banking community” will soon release its official stance on…
President Tinubu Meets with Bank Executives at Presidential Villa
Representatives of Nigeria’s banking sector met with President Bola Ahmed Tinubu to seek clarifications on the recently imposed Windfall Levy.…
New PenCom DG Takes Office Amid Controversy Over Appointment
The National Pension Commission (PenCom) has announced Omolola Oloworaran as the new Acting Director-General. Her appointment, made in accordance with…