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...
By Sunday Etuka, Abuja The Nigerian Bar Association (NBA) has unveiled the Director-General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala as a Keynote Speaker for the 2024 Annual General Conference of the Association. Holding between 23-30 August, 2024, in Lagos, the Conference with the Theme, “Pressing Forward: A National Posture...
By Sunday Etuka, Abuja  With the recent increase in the nation's gas reserves, and the plan to leverage its abundance to end poverty in the country, the Federal Government has restated its commitment to achieving zero routine gas flaring within the decade. This, it said could be done through the...
By Sunday Etuka, Abuja President Bola Tinubu has commended the enterprising feat of Dangote Oil and Gas Limited in reducing the price of Automotive Gas Oil (AGO), also known as diesel. Tinubu's appreciation was contained in a statement issued by the Special Adviser to the President on Media and Publicity, Chief...
By Sunday Etuka, Abuja  The Federal Competition and Consumer Protection Commission (FCCPC) has expressed readiness to go after Markets and Businesses inflating prices of products despite the recent appreciation of the Naira against the dollar. FCCPC's Ag. Executive Vice Chairman/ Chief Executive Officer, Dr. Adamu Abdullahi disclosed the Commission's readiness in...
By Sunday Etuka, Abuja Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from...
By Sunday Etuka, Abuja  The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has denied having issues with the Petroleum Tankers Drivers (PTD), nor the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). NOGASA President, Chief Bennet Korie made the clarification in a statement on Tuesday, April 16, 2024. This...
By Sunday Etuka, Abuja The Federal Government has officially begun the disbursement of N50,000 Presidential Conditional Grant to successful applicants. The grant was designed to reach one million Nano businesses in the 774 local government areas. Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anita who gave the update on Tuesday said,...
By Sunday Etuka, Abuja The Federal Government has met with the Nigerian Breweries over the recent suspension of operations at two of its plants. The company's decision to shutdown the plants was attributed to the current harsh economic environment in the country. Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, who...
By Sunday Etuka, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the nation's oil and condensate reserves increased to 37.50 Billion Barrels in January 2024. Commission Chief Executive, NUPRC, Engr. Gbenga Komolafe disclosed this on Monday while addressing newsmen in Abuja. He said, “Crude Oil and Condensate reserves stand...