The Central Bank of Nigeria (CBN) has raised concerns about potential downside risks to the country’s external reserves in the coming years due to key […]
Tag: Refinery
Port Harcourt Refinery Faces Yet Another Delay Amid $1.5 Billion Rehabilitation Controversy
The Port Harcourt Refining Company (PHRC), a key asset under the Nigerian National Petroleum Company Limited (NNPC) in Rivers State, has once again failed to […]
Tinubu Approves Sale of Crude Oil in Naira to Dangote Refinery, Experts Predict Price Crash
President Bola Tinubu has approved the sale of crude oil to the Dangote Petroleum Refinery in naira, a move anticipated to lower the prices of […]
Government Denies Importation of Dirty Fuel, Affirms Regulatory Measures
The Federal Government of Nigeria has refuted claims of importing dirty fuel into the country, following recent allegations by an official from Dangote Petroleum Refinery. […]
NSCDC Busts Illegal Oil Refinery in Rivers State Cemeteries, Vows Relentless Fight Against Economic Saboteurs
The Nigeria Security and Civil Defence Corps (NSCDC) Rivers State Command has disrupted a major illegal crude oil refining operation at cemeteries in the Abalama […]
NSCDC Arrests Three at Illegal Oil Refinery in Rivers State
The Nigeria Security and Civil Defence Corps (NSCDC) has arrested three suspects at an illegal oil refinery in Rivers State. This was revealed in a […]
NSCDC Busts Illegal Oil Refineries: 5 Arrested in Rivers State Crackdown
The Nigerian Security and Civil Defence Corps (NSCDC) in Rivers State apprehended five individuals at illicit bunkering sites in Odagwa community, Etche Local Government Area. […]
Nigerian Navy destroys 182,000 Litres of Crude Oil in Illegal Refinery Raid
Operatives from the Nigerian Navy Forward Operating Base (FOB) in Igbokoda, Ondo State, have successfully demolished an illegal refinery in the Biokpu/Opouama riverine communities within […]