The Federal Government has granted petroleum marketers permission to purchase petrol directly from local refineries, removing the Nigerian National Petroleum Company Limited (NNPCL) as a […]
Category: Business
Business
Fuel Price Hike Sparks Tensions Between IPMAN and NNPCL, as Nigerians Lament Economic Hardship
The latest hike in petrol prices by the Nigerian National Petroleum Company Limited (NNPCL) has led to a confrontation with the Independent Petroleum Marketers Association […]
Fuel Price Surge: Stations Adjust Prices Nationwide Amid Supply Crisis
Petrol stations across the country have raised their pump prices following the latest hike in supply costs. In the Federal Capital Territory (FCT), major and […]
South Korean Consortium to Build Four Refineries in Nigeria, Says FG
A consortium of South Korean investors is set to build four refineries in Nigeria, each with a capacity of 100,000 barrels, the Federal Government announced […]
Naira-for-Crude Deal with Dangote Refinery Set to Last Six Months
The Nigerian National Petroleum Company Limited (NNPC) has initiated a naira-for-crude deal with the Dangote Petroleum Refinery, set to last for six months in its […]
NNPC Set to Supply Crude in Naira to Dangote Refinery as Local Refineries Gear Up for Petrol Production
The Nigerian National Petroleum Company Limited (NNPC) is preparing to supply crude oil in naira to the Dangote Petroleum Refinery this week, following the Federal […]
Naira Weakens to N1,640 as Dollar Supply Dwindles
The Naira yesterday depreciated to N1,640 per dollar in the parallel market, dropping from N1,650 per dollar recorded on Thursday. This decline extended to the […]
Dangote Calls for Complete Removal of Fuel Subsidies as His Refinery Prepares for Full Production
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has reiterated his call for the Federal Government to remove fuel subsidies entirely. Speaking […]
Meet Adeola Sowemimo: The First Nigerian Woman to Fly a Boeing 787
Captain Adeola Ogunmola Sowemimo has made history as the first Nigerian woman to pilot the Boeing 787 Dreamliner for Qatar Airways, breaking barriers in a […]
Edo 2024: Obaseki Warns Civil Servants Will Be First Victims if Opposition Wins
Governor Godwin Obaseki of Edo State has warned that civil servants in the state could face negative consequences if the opposition wins the upcoming governorship […]