Nigeria, Morocco plan $26bn African Atlantic gas project
The Nigerian National Petroleum Company Limited and Morocco's Office National des Hydrocarbures et des Mines made significant progress on Friday toward the realization of the African Atlantic Gas Pipeline, a…
Oil marketers may sell below Dangote’s price – Report
Oil marketers announced that the price of petrol from the Dangote Petroleum Refinery ranges from N1,015 to N1,028 per litre, depending on the quantity purchased. In response on Friday, dealers…
$5bn Africa Energy Bank to begin operations in 2025
The Federal Government has confirmed that the highly anticipated $5 billion Africa Energy Bank will begin operations on January 28, 2025. This initiative marks a significant step toward improving energy…
Vessels with 40.76m litres of petrol, other goods arrive Nigeria
The Nigerian Ports Authority announced the arrival of two vessels carrying a total of 40,766,400 litres of Premium Motor Spirit at Tincan Island Ports in Lagos State on Friday. Additionally,…
33m Nigerians may face food crisis in 2025 — Report
The Cadre Harmonisé Report for October has projected that at least 33.1 million people in 26 states and the FCT will face a food and nutrition crisis between June and…
Court orders forfeiture of $2.045m in assets from Emefiele
A Federal High Court in Lagos has ordered the permanent forfeiture of $2.045 million, multiple luxury properties, and two share certificates belonging to the former governor of the Central Bank…
FG unveils new chicken, crop breeds to boost food production
Federal Government has introduced new chicken breeds, Noiler and Cobb 500, and high-yield crop varieties. This was disclosed at the 34th National Committee meeting, Registration, and Release of Crop Varieties,…
Lagos startup accelerator Techstars shuts down after two years
Alex Odense Two years after its highly anticipated launch, the ARM Labs Lagos Techstars Accelerator, known as Techstars Lagos, has closed its doors, abruptly ending its third cohort, which began…
Oil industry stakeholders explore opportunities from IOC divestments
Indigenous Nigerian oil and gas operators are advocating for enhanced infrastructure and financial support to take advantage of international oil companies’ divestment. They believe this divestment could unlock over 500…
Ongoing recruitment: How to apply for FIRS jobs
The Federal Inland Revenue Service has announced the opening of its recruitment portal for tax officer positions, stating that applications would commence by 12:00 am on November 2nd, 2024. The…
Rep advocates local refiners inclusion in petroleum production
The House of Representatives has urged the Federal Government to create a comprehensive blueprint for the inclusion of indigenous refiners in the nation's petroleum production value chain. This resolution emerged…
IPMAN can’t lift petrol without NNPC approval – Dangote refinery
The Dangote Petroleum Refinery has said the Nigerian National Petroleum Company Limited has not given it permission to provide Premium Motor Spirit, also known as petrol, to Independent Petroleum Marketers…
