The Port Harcourt Refinery, a key facility in Nigeria’s oil sector, has officially resumed production, marking a significant milestone after years of stalled rehabilitation, missed […]
Category: Business
Business
FG, Borno State Collaborate to Upgrade Muhammadu Buhari Airport for International Operations
The Federal Government and Borno State have partnered to upgrade the General Muhammadu Buhari International Airport, Maiduguri, to international standards, with full operations set to […]
President Tinubu and UN Team to Attend Anambra State Business Summit Led by Governor Soludo
President Bola Tinubu, a high-level delegation from the United Nations, and prominent bank CEOs are set to attend the second edition of the Anambra State […]
Dangote Refinery Begins Direct Petrol Supply to Marketers, Bypasses NNPC
The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), popularly known as petrol, directly to oil marketers, bypassing the Nigerian National Petroleum Company […]
Adedeji Adeleke to Build Nigeria’s Largest Power Plant, Boosting National Electricity Supply
Adedeji Adeleke, the father of music star Davido and a prominent business mogul, has announced plans to construct Nigeria’s largest thermal power plant. Speaking at […]
Federal Government Allows Petroleum Marketers to Buy Petrol Directly from Refineries, Bypassing NNPC
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 […]
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 […]