FG needs to fix Nigeria’s refineries – NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, has called on the Federal Government to urgently fix the four…
Oil and Gas
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How Nigeria can catch up industrialized nations with new gas policy – NLNG
The Chief Executive Officer of the Nigerian Liquefied Natural Gas Limited, Dr. Phillip Mshelbila, says he is optimistic that Nigeria’s Decade of…
Why Nigeria must embrace non-oil sources for survival – NEPC
The Executive Director/Chief Executive of the Nigerian Export Promotion Council, Dr. Ezra Yakusak, has said that the country must concentrate on the…
Oil prices surge as OPEC+ cuts output
The Organisation of Petroleum Exporting Countries has announced a surprise decision to cut production further, which caused oil prices to surge on…
How Lekki Seaport will create 170,000 jobs – FG
The Lekki multi-purpose seaport, according to the Federal Government, is anticipated to create more than 170,000 direct and indirect jobs for Nigerians…
Petrol will cost below N500 after subsidy removal – PENGASSAN
The president of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo, has predicted that if the fuel subsidy is…
Chad nationalizes all Exxon Mobil’s assets
The West African nation’s energy and hydrocarbons ministry said in a statement on Thursday that Chad has nationalized all assets and rights,…
Natural gas will boost Nigeria, Africa’s economy – IGU
The International Gas Union has urged Nigeria and other gas-rich African nations to adopt indigenous natural gas production to boost Nigeria and…
How Nigeria spent N6.7trn on agric imports in five years – NBS
Figures from the National Bureau of Statistic shows that Nigeria spent N6.7 trillion in total over five years on the importation of…
Sales of crude oil increase by 46% to N21tn – NBS
Nigeria’s exports of crude oil increased by 46.41 percent in 2022, bringing the total to N26.79 trillion. The Punch reported that the entire…
TotalEnergies to earn N85 billion in Q2 2023 – Report
For the second quarter of the year ending in June 2023, TotalEnergies Marketing Nigeria Plc hopes to generate N84.86 billion in revenue.…
NNPCL stocks of 2.1bn litres of petrol ahead of gov election
NNPCL’s Chief Corporate Communications Officer, Mr. Garba Deen Muhammad, has said in a statement that the company’s most recent updates, revealed that…