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Dangote Refinery Receives Fourth Crude Shipment

Dangote Refinery
Dangote Refinery has received the fourth crude shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). Preparations are in top gearRead More

Report: Nigerian Businesses Turn To Solar As Diesel Costs Bite

Solar panels
Nigeria’s solar companies are seeing a surge in demand for mini-grids and equipment as businesses in Africa’s biggest oil producer look for alternative power sources, a Reuters report disclosed. TheRead More

Osinbajo Urges International Community Not to Block Funds Gor Gas Projects

Vice President Yemi Osinbajo
Vice President Yemi Osinbajo yesterday appealed to the international community not to block adequate financing for gas projects in Nigeria and other developing countries. Osinbajo, at a meeting with aRead More

FG Assures Nigerians Of Adequate Fuel Supply Beyond Yuletide

Petrol tankers
The Federal Government yesterday assured Nigerians of adequate fuel supply throughout the holiday season and beyond, saying that it currently has over 2.2 billion in its reserves to last aboutRead More

NLC Demands Emergency In Oil Downstream Sector

Chris Ngige: the Federal Government vs the Nigeria Labour Congress
The organised labour yesterday called on the Federal Government to immediately declare a state of emergency in the downstream arm of the petroleum sector as a means of arresting theRead More

NNPC Nets N2.36tn From Petrol Sales In 13 Months

NNPC
Pipeline vandalism drops by 43% The Nigerian National Petroleum Corporation (NNPC) sold petrol worth N2.366 trillion to Nigerians between May 2019 and May 2020, the national oil company said inRead More

NFIU Submits Report On Magu’s Forex Transactions To Panel

The suspended acting chairman of the EFCC, Ibrahim Magu
The suspended acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, on Monday appeared before the Justice Ayo Salami-led presidential panel for the second week running. Magu hasRead More

Seized Properties Cornered By Top EFCC Officials, Magu’s Friends – Panel

EFCC Acting Chairman, Ibrahim Magu
The suspended acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, could not give a proper account of missing 332 out of the 836 recovered properties inRead More