Reading Time: 5 minutes Africa’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote, yesterday disclosed that the 20 per cent equity taken by the Nigerian…
View More Only A Third Of NNPC’s Investment In Refinery Will Be Paid In Cash – Dangote
Reading Time: 2 minutes A pipeline belonging to the Nigerian National Petroleum Corporation has been vandalised by suspected vandals in the Igando-Ikotun area of Lagos State. It was gathered…
View More Suspects Vandalise NNPC Pipeline, Steal Petrol In Lagos
Reading Time: < 1 minutes Human rights lawyer, Femi Falana (SAN) has alleged that the smuggling of Nigeria’s subsidized petrol to neighbouring countries has an official backing. Falana who made…
View More Petrol Smuggling Has Official Backing, Says Falana
Reading Time: 9 minutes Mr. Goodluck Opiah was an ex-Speaker of Imo House of Assembly, and a former Federal Lawmaker that represented Ohaji/Egbema/Oguta/Oru West Federal Constituency in the House…
View More With 18 Recovered Oil Wells, Imo Now Fourth Highest Producing State – OpiahReading Time: 2 minutes Crude oil extended its gains at the weekend after closing at a six-week high with signs of strengthening demand in key markets, thereby piling more…
View More Rise In Oil Price Increases Pressure On NNPC’s Finances
Reading Time: 5 minutes President Muhammadu Buhari yesterday approved the restoration of the permits on Oil Mining Leases (OMLs) 123, 124, 126 and 137 to the Nigerian National Petroleum…
View More Buhari, Under Chinese Pressure Restores 4 Oil Blocks To NNPC/Addax
Reading Time: < 1 minutes The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the Federal Government for its effort to rehabilitate the Port Harcourt Refinery. IPMAN’S president, Mr…
View More IPMAN Praises FG For Rehabilitation Of Port Harcourt Refinery
Reading Time: 4 minutes The federal government yesterday strongly pushed back on insinuations that it had increased the pump price of petrol from N162 to N212.61 per litre. In…
View More There Will Be No Petrol Price Increase Until FG Meets With Labour – Sylva
Reading Time: < 1 minutes Oil prices jumped again by 2.49 per cent yesterday, hitting a fresh 13-month peak, and surpassing the $60 high set earlier this week. Brent Crude,…
View More Crude Oil Trades Hits $62, Highest in 13 months
Reading Time: 2 minutes The ex-depot price of Premium Motor Spirit, also known as petrol, has been raised to N155.17 per litre from N147.67 per litre by the Petroleum…
View More JUST IN: Marketers To Sell At N168-N170/Litre As NNPC Raises Petrol Depot Price