By Sunday Etuka, Abuja
The Minister of State Petroleum Resources (Oil), Mr. Heineken Lokpobiri, has denied ever asking the Nigerian Content Development and Monitoring Board (NCDMB) to inflate it's budget to the tune of N30billion, as alleged by its immediate past Executive Secretary, Mr. Simbi Wabote.
Thus, described the allegation as...
By Sunday Etuka, Abuja
Just a week after it crashed the price of diesel, the Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively.
This is coming in the wake of its widely celebrated price reduction...
By Sunday Etuka, Abuja
As part of ongoing efforts to increase crude oil production in the country to boost revenues and meet the OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner, Newcross Exploration and Production Ltd, have recommenced production from the Awoba...
By Sunday Etuka, Abuja
The Federal Government of Nigeria has announced the operational launch of the Micro, Small and Medium Enterprises (MSMEs) and Manufacturing segment under the Presidential N200Billion Intervention Fund.
Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, who announced the development on Monday, also disclosed that applications for...
By Sunday Etuka, Abuja
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC Ltd), Mr. Mele Kyari has been Awarded the Energy Times' GCEO of the Year, in recognition of his hard work.
Chief Corporate Communications Officer of the Company, Mr. Olufemi Soneye received the award on behalf...
By Sunday Etuka, Abuja
In a bid to ensure the proper regulation of the Capital Market, President Bola Tinubu has approved the appointment of some Nigerian professionals to serve in the Board of the Securities and Exchange Commission (SEC).
Tinubu’s Special Adviser on Media and Publicity, Chief Ajuri Ngelale disclosed this...
By Sunday Etuka, Abuja
Following the ongoing efforts to increase oil production in the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as...
By Sunday Etuka, Abuja
The Corporate Affairs Commission (CAC) has alerted the directors of newly registered companies of a ploy by some fraudsters to defraud them of their hard earned money.
CAC in a statement on Friday said, the fraudsters were sending messages to the directors requesting them to pay certain...
By Alice Etuka, Abuja
Minister of Works, Engr. David Umahi has said that property owners affected by the construction of the Lagos-Calabar Coastal Highway project would be compensated using federal rate and not that of the state.
Umahi stated this on Thursday, April 18, 2024, while inaugurating the Lagos-Calabar Coastal Highway...
By Sunday Etuka, Abuja
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 have donated a 2,300-seater state-of-the-art digital library to the Niger Delta University, Wilberforce Island, Amassoma, Bayelsa State.
This, according to a statement by the Chief Corporate Communications Officer of the NNPC...
