The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
NNPC
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BankingEconomyRegional IntegrationTradeTransportation & Logisitics
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BusinessEconomyEnergyGovernanceLabourOil & Gas
Petroleum Retailers Slam NNPC GCEO for Skipping Port Harcourt Refinery Visit
Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
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EconomyEnergyMarketsOil & GasPoliciesPublic SectorTransportation
NNPC Reduces Petrol Price to N900 Just 48 Hours After Hike
Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …
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BusinessEnergyEnvironmentGovernanceNigeriaOil & Gas
NNPC Boss Bayo Ojulari Denies Resignation Rumours, Calls for Strategic Energy Investment at Industry Conference
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
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BusinessEconomyEnergyGOVERNMENTOil & GasPolitics
Oil Companies Oppose Govt’s Order to Supply Dangote, Local Refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that many oil companies in Nigeria opposed the Federal Government’s directive to supply crude oil to local refineries, including the Dangote …
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BusinessDangote IndustriesEconomyEnergyNewsNigeriaOil & GasPolicies
Petrol Marketers Expect Pump Price Drop as Crude Oil Prices Fall
Petroleum product marketers in Nigeria are expecting a possible drop in petrol pump prices this week, following a significant fall in international crude oil prices. This anticipated adjustment, according to …
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DevelopmentEconomyEnvironmentGOVERNMENTPolitics
MOSOP Demands Probe of Missing $300 Million Ogoni Fund, Urges Tinubu to Act on Oil Crisis Compensation
The Movement for the Survival of the Ogoni People (MOSOP) has raised serious alarm over the alleged mismanagement of $300 million (about ₦480 billion) which was meant to improve infrastructure …
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BusinessDevelopmentEnergyInfrastructureOil & GasPolitics
Nigeria Needs $5.5 Billion to Build More Oil Terminals and Unlock Stranded Fields — Green Energy Boss
Nigeria must urgently invest $5.5 billion in decentralised oil terminals to unlock thousands of stranded marginal fields and push crude oil production to three million barrels per day (bpd), stakeholders …
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DevelopmentHealthcareNigeriaOil & Gas
NNPC/Heirs Energies Launch Free Medical Outreach for Over 4,500 Residents in Rivers State
The NNPC/Heirs Energies Joint Venture (JV) OML 17 Host Communities Development Trust (HCDT) has kicked off a large-scale medical outreach in Port Harcourt, Rivers State, targeting over 4,500 residents across …
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BusinessDangote IndustriesEconomyEnergyInfrastructureOil & Gas
Port Harcourt Refinery Shutdown Sparks Reactions from Marketers and Industry Groups
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the shutdown of the Port Harcourt Refining Company by the Nigerian National Petroleum Company Limited (NNPC) is not a major …