Business

NUPRC Recommits To 2.5mpd Oil Production Target By 2026

NUPRC Recommits To 2.5mpd Oil Production Target By 2026

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has reaffirmed the determination of…
How PIA Improved Transparency, Others In Oil, Gas Industry -Ekpo

How PIA Improved Transparency, Others In Oil, Gas Industry -Ekpo

The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has stated that the Petroleum Industry Act (PIA)…
FG Suspends Implementation Of 15% Import Duty On Fuel, Diesel

FG Suspends Implementation Of 15% Import Duty On Fuel, Diesel

The Federal Government of Nigeria has put on hold the implementation of the earlier announced 15% ad-valorem duty on imported…
NUPRC Promoting Alternative Dispute Resolution To Increase Sector Investments

NUPRC Promoting Alternative Dispute Resolution To Increase Sector Investments

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it is promoting the use of its Alternative Dispute Resolution Centre (ADRC)…
Inflation To Moderate To 16.84% In October -Report

Inflation To Moderate To 16.84% In October -Report

The latest report by the Access Bank Plc’s Economic Intelligence Unit, has projected the nation’s headline inflation rate to further…
Two Billion People At Risk Of Fossil Fuel Globally -Report

Two Billion People At Risk Of Fossil Fuel Globally -Report

A new report released on Wednesday by the Amnesty International and Better Planet Laboratory (BPL), revealed that fossil fuel infrastructure…
South Africa Cuts Inflation Target, First In 25 Years

South Africa Cuts Inflation Target, First In 25 Years

South Africa cut its inflation target to 3% on Wednesday, marking the first adjustment in 25 years, with Finance Minister…
Over 170m Nigerians Rely On Biomass For Cooking -Seplat

Over 170m Nigerians Rely On Biomass For Cooking -Seplat

Seplat Energy Plc, leading Nigerian independent energy Company, has disclosed that more than 170 million Nigerians rely on biomass for…
ECCIMA Hails “Nigeria First” Policy, 15% Import Tax On Petrol

ECCIMA Hails “Nigeria First” Policy, 15% Import Tax On Petrol

The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has applauded the Federal Government’s “Nigeria First” Policy and the…
Dangote Fertilizer, German Coy Partner To License Four Urea Granulation Units In Nigeria

Dangote Fertilizer, German Coy Partner To License Four Urea Granulation Units In Nigeria

Dangote Fertilizer Limited (DFL) and thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde of Germany, have signed a…
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