According to news reports, the Nigerian National Petroleum Company Limited (NNPCL) has allocated 48.6 million barrels of crude oil to Dangote Petroleum Refinery in 10 months. In a Vanguard News...
Read moreDetailsOnce again, the Nigerian National Petroleum Company Limited (NNPCL) has missed its deadline for recommencement operations at the Port Harcourt refinery. As of October 2024, the failure is the company's...
Read moreDetailsThe landing cost of Premium Motor Spirit (PMS) has dropped from the N981/litre recorded on 25 September to N945.63/litre as of 27 September according to data released by the Major...
Read moreDetailsThe Federal Government of Nigeria has announced plans to reduce transportation fares by over 40 per cent through the adoption of Compressed Natural Gas for commercial vehicles. This initiative was...
Read moreDetailsThe Nigerian National Petroleum Corporation (NNPCL) which is the sole off-taker “for now” of Premium Motor Spirit (PMS) from the Dangote refinery has continued to maintain that it bought petrol...
Read moreDetailsThe Naira depreciated to N1,658.48 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). The Financial Market Infrastructure Group warehousing (FMDQ) data indicated that the exchange rate for NAFEM...
Read moreDetailsMTN Foundation says the institution has granted scholarships across categories to 13,717 Nigerians in the past 13 years. The foundation’s director, Mrs. Aishatu Sadauki, announced that the beneficiaries cut across...
Read moreDetailsAlhaji Aliko Dangote, says the visit of operatives of the Economic and Financial Crimes Commission (EFCC) to the Lagos Head Office of the Dangote Group in January 2024 was intended...
Read moreDetailsAlhaji Aliko Dangote, chairman and president of the Dangote Group, owners of the new 650,000 barrels per day crude oil refinery in Lagos, yesterday argued that the decision by the...
Read moreDetailsThe National Bureau of Statistics (NBS) has said that the average retail price of Automotive Gas Oil, AGO, otherwise known as Diesel, increased Year-on-Year, YoY, by 64.58 per cent to...
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