Business

Lokpobiri Reacts To Shell Exit, Says FG Not Averse To Asset Sales

Lokpobiri Reacts To Shell Exit, Says FG Not Averse To Asset Sales

Minister of State for Petroleum Resources, Senator Heineken Lokpobiri has disclosed that the Federal Government would not oppose any legitimate…
Kyari Calls For Collaboration To Address Challenges Of Energy Sufficiency, Sustainability

Kyari Calls For Collaboration To Address Challenges Of Energy Sufficiency, Sustainability

In order to address the challenges of energy sufficiency and sustainability in the country, the Group Chief Executive Officer of…
Shell Signs Pact To Sell Nigeria Onshore Oil Assets For $2.4bn

Shell Signs Pact To Sell Nigeria Onshore Oil Assets For $2.4bn

British Energy Giant, Shell Plc has advanced an agreement to sell its Nigerian onshore oil assets to five local companies…
FG Mulls Stronger Ties With IOCs For Increased Crude Oil Production

FG Mulls Stronger Ties With IOCs For Increased Crude Oil Production

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri has disclosed the plan of the Federal Government to…
Nigeria’s Inflation Rate Increases By 0.72% -NBS

Nigeria’s Inflation Rate Increases By 0.72% -NBS

The National Bureau of Statistics (NBS) in its latest Consumer Price Index (CPI) reported that the nation’s headline inflation rate…
FAAC Disbursed N1.35trn To FG, States, LGCs In November 2023 -NBS

FAAC Disbursed N1.35trn To FG, States, LGCs In November 2023 -NBS

The latest report from the National Bureau of Statistics (NBS) shows that the Federation Account Allocation Committee (FAAC) disbursed the…
NMDPRA Retains Current Natural Gas Prices

NMDPRA Retains Current Natural Gas Prices

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has resolved to retain the current Domestic Base Price (DBP) and…
Abuja-Kaduna-Kano Highway Will Be Completed In Two Years – Umahi

Abuja-Kaduna-Kano Highway Will Be Completed In Two Years – Umahi

The Minister of Works, Engr. David Umahi has stated that all sections of the Abuja-Kaduna-Kano highway will be completed in…
Dangote Refinery Begins Production Of Diesel, Aviation Fuel

Dangote Refinery Begins Production Of Diesel, Aviation Fuel

Dangote Petroleum Refinery has successfully commenced production of diesel and aviation fuel, the company confirmed in a statement last night.…
Just In: Dangote Refinery Begins Production

Just In: Dangote Refinery Begins Production

An unconfirmed report has it that the Dangote refinery has commenced production. The largest single-train refinery in the world located…
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