Business
Nigeria’s GDP Grew By 3.84% YoY -NBS
February 25, 2025
Nigeria’s GDP Grew By 3.84% YoY -NBS
The latest data from the National Bureau of Statistics (NBS) shows that the nation’s Gross Domestic Product (GDP) grew by…
NNPC Shipping, Others Sign New JV To Transform Nigeria’s Maritime Transportation
February 25, 2025
NNPC Shipping, Others Sign New JV To Transform Nigeria’s Maritime Transportation
The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited have announced the signing of a new…
Lokpobiri Seeks NASS Support To Consolidate Sector Gains
February 24, 2025
Lokpobiri Seeks NASS Support To Consolidate Sector Gains
The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri has sought the unwavering support of the National Assembly (NASS)…
Dangote Group Deploys Advanced Technology For Improved Efficiency
February 23, 2025
Dangote Group Deploys Advanced Technology For Improved Efficiency
The Dangote Industries Limited has instituted a plethora of cutting-edge technology in creating top-notch efficiency for all its companies. Speaking…
We Have Enough Petrol To Meet Local Needs ― Dangote
February 23, 2025
We Have Enough Petrol To Meet Local Needs ― Dangote
President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company – the Dangote Petroleum Refinery – has…
Crude Export Permit Denial Not Threat To Legitimate Players -NUPRC
February 20, 2025
Crude Export Permit Denial Not Threat To Legitimate Players -NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that the recent reference to export permit denial was not a…
No Govt Interference In CPI Rebase Processes, Results -NBS
February 19, 2025
No Govt Interference In CPI Rebase Processes, Results -NBS
The National Bureau of Statistics (NBS) has disclosed that there was no any form of government interference in the processes…
NNPC Denies Importing Over 200 Million Litres Of Petrol
February 19, 2025
NNPC Denies Importing Over 200 Million Litres Of Petrol
Contrary to reports that the Nigerian National Petroleum Company (NNPC) Limited, imported over 159,000 metric tons of Premium Motor Spirit…
Inflation Rate Declines To 24.48% As NBS Releases Rebased CPI Results
February 18, 2025
Inflation Rate Declines To 24.48% As NBS Releases Rebased CPI Results
The National Bureau of Statistics (NBS) has released the long awaited rebased Consumer Price Index (CPI), with the headline inflation…
Nigeria Increases Oil Production To 1.75mbpd
February 16, 2025
Nigeria Increases Oil Production To 1.75mbpd
Crude Oil production in Nigeria now averages 1.75 million barrels per day (BOPD), with a gas production rate of 7…