Business
Lokpobiri Reacts To Shell Exit, Says FG Not Averse To Asset Sales
January 18, 2024
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
January 17, 2024
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
January 16, 2024
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
January 16, 2024
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
January 15, 2024
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
January 15, 2024
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
January 14, 2024
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
January 13, 2024
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
January 13, 2024
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
January 12, 2024
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…