The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their Managing Director […]
Category: Business
Business
Petrol Prices Soar Beyond N1,100 as Crude Costs Surge
The pump price of petrol has skyrocketed to between N1,050 and N1,150 per litre, driven by an increase in crude oil prices and new pricing […]
OPEC: Dangote Refinery Reshaping Global PMS Market, Impacting European Exports
The Organisation of the Petroleum Exporting Countries (OPEC) has recognized the transformative impact of Nigeria’s Dangote Petroleum Refinery on the global Premium Motor Spirit (PMS) […]
China Backs Nigeria’s Request to Expand Currency Swap Line, Supports Panda Bond Issuance
China has pledged support for Nigeria’s request to increase its currency swap line and endorsed plans for Nigeria to issue Panda bonds, marking a significant […]
EFCC Dismisses 27 Officers Over Misconduct, Investigates $400,000 Allegation
The Economic and Financial Crimes Commission (EFCC) announced the dismissal of 27 officers in 2024 for misconduct and fraudulent activities, as part of its commitment […]
Tetracore Energy Partners with Dangote Cement to Drive CNG Adoption in Logistics Operations
In alignment with President Bola Tinubu’s Presidential CNG Initiative (Pi-CNG), Tetracore Energy has entered a strategic partnership with Dangote Cement, a subsidiary of the […]
Tensions Rise as APC, Obi’s Supporters Clash Over Alleged Threats
The All Progressives Congress (APC) and supporters of Labour Party presidential candidate Peter Obi have locked horns over an alleged threat to the former Anambra […]
Obasanjo Reveals NNPC Once Rejected Dangote’s $750m Refinery Management Offer
Former President Olusegun Obasanjo has disclosed that the Nigerian National Petroleum Corporation (NNPC) declined a $750 million offer from billionaire businessman Aliko Dangote in 2007 […]
Refinery Milestone: Warri Refining Plant Resumes Operations, Fuel Prices Set to Drop
Refinery Milestone: Warri Refining Plant Resumes Operations, Fuel Prices Set to Drop The Nigerian National Petroleum Company Limited (NNPCL) has officially resumed operations at the […]
NNPC Ltd. Launches Production Monitoring Command Centre to Boost Hydrocarbon Production
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has unveiled the Production Monitoring Command Centre (PMCC), a groundbreaking initiative designed to enhance operational efficiency and […]