Business
Retail Price Of Cooking Gas Rises By 70.12% YoY -NBS
June 21, 2024
Retail Price Of Cooking Gas Rises By 70.12% YoY -NBS
The National Bureau of Statistics (NBS) says the average retail price for refilling a 5kg Cylinder of Liquefied Petroleum Gas…
Retail Price Of Petrol Increases To N769.62 In May -NBS
June 20, 2024
Retail Price Of Petrol Increases To N769.62 In May -NBS
The National Bureau of Statistics (NBS) has disclosed that the average retail price paid by consumers for Premium Motor Spirit…
NNPC Ltd, TotalEnergies JV Sign $550m Pact To Bolster Oil, Gas Production
June 20, 2024
NNPC Ltd, TotalEnergies JV Sign $550m Pact To Bolster Oil, Gas Production
As part of efforts to boost oil and gas production in the country, the Nigerian National Petroleum Company Limited (NNPC…
FG Approves N280bn For Completion Of Bodo-Bonny Road
June 20, 2024
FG Approves N280bn For Completion Of Bodo-Bonny Road
The Federal Government has approved the total sum of N280 billion for the completion of Bodo-Bonny road project. This was…
Oil Block Licensing Round: NUPRC Extends Deadline For Submission Of Pre-Qualification Documents
June 18, 2024
Oil Block Licensing Round: NUPRC Extends Deadline For Submission Of Pre-Qualification Documents
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the extension of deadline for the registration/submission of pre-qualification documents for…
NLNG Reaffirms Commitment To Delivering $4.3Bn Train 7 Project
June 16, 2024
NLNG Reaffirms Commitment To Delivering $4.3Bn Train 7 Project
Nigeria LNG Limited (NLNG) has reaffirmed its commitment to delivering the $4.3billion Train 7 Project on Bonny Island. NLNG said,…
Again, Nigeria’s Inflation Rate Rises, Hits 33.95%
June 15, 2024
Again, Nigeria’s Inflation Rate Rises, Hits 33.95%
The nation’s headline inflation rate has risen for 18th straight months in May, 2024, to 33.95 percent, relative to the…
OPEC Sees No Peak Oil Demand Long Term, Secretary- General Says
June 14, 2024
OPEC Sees No Peak Oil Demand Long Term, Secretary- General Says
OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116…
NNPC Seeks Special Court To Try Cases Of Crude Oil Theft
June 13, 2024
NNPC Seeks Special Court To Try Cases Of Crude Oil Theft
Alarmed by the increasing spate of crude oil theft and pipeline vandalism in the oil and gas industry, and their…
New Report Projects African Economies To Grow By 3.38%
June 13, 2024
New Report Projects African Economies To Grow By 3.38%
Afreximbank, in its 2024 Economic Output Report projected that African economies would grow on average by 3.8 percent in 2024.…