Power sector loses N20.5bn in three weeks
Data obtained from the Federal Ministry of Power has revealed that about N20.5bn revenue was lost by Nigeria’s power sector between January 1 and...
Nigeria now fourth biggest crude oil supplier to India
Nigeria has emerged as the fourth biggest supplier of crude oil to India in December, pushing the United States down to the sixth position...
Kyari Mourns Festus Marinho, Pioneer MD of NNPC
…Says His Achievements Will Be Beacon of Inspiration for Generations
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has...
Nigeria’s newest crude, Anyala, set for Europe
The first export cargo of Nigeria’s newest crude grade, Anyala, is on its way to Northwest Europe, trading and shipping sources said on Monday.
This...
No leakage or spill incident at any of our facilities- Chevron Nigeria
Chevron Nigeria Limited has declared that there was no leakage or spill incident at any of its facilities in Bayelsa.
The oil major said this...
N94.8M Petroleum Industry Bill’s flyers unacceptable- Senate
The Senate Public Account Committee has described the payment of N98.4m by the Petroleum Resources Ministry for the printing of leaflets as unacceptable.
According to...
PHCN: Senate opens investigation into N387M loss
The Senate Public Account Committee has opened an investigation into how the Federal Government allegedly lost N387m withholding tax to a Canadian company, CPCS...
Nigeria’s crude oil production hit record low in December- OPEC
According to the Organisation of the Petroleum Exporting Countries, crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December...
96 firms interested in rehabilitating downstream infrastructure- NNPC
The Nigerian National Petroleum Corporation has revealed that about 96 companies from various jurisdictions have indicated an interest in undertaking the rehabilitation of the...
Ardova Plc in talks to acquire Enyo
Ardova Plc and the shareholders of Enyo Retail and Supply Limited have reportedly have entered discussions relating to AP acquiring Enyo.
A statement signed by...
