More investors interested in modular refineries- DPR
The Department of Petroleum Resources (DPR) has revealed that more investors are showing interest in establishing modular refineries in the country following the deregulation...
NNPC records increased trading surplus in July
The Nigerian National Petroleum Corporation (NNPC) has announced that it recorded an increased trading surplus of N20.36bn in July 2020 compared to the N2.12bn...
Youths protest in Bayelsa, shut down SPDC flow station
The youths of Agbidiama Community in the Ekeremor Local Government Area of Bayelsa State staged a protest have shut down the Clough Creek flow...
FG commends host communities for maintaining peace
Federal Government has commended people of Oguta Local Government Area of Imo State for maintaining peace in their various communities and appealed to Niger...
Outstanding electricity bill can not be imposed on new tenants- NERC
The Nigerian Electricity Regulatory Commission has clarified that the outstanding electricity bills of landlords can not be enforced on new tenants.
The NERC Commissioner, Finance...
NNPC extends crude-for-fuel swap contracts for six months
The Nigerian National Petroleum Corporation (NNPC) has extended its contracts with private companies to swap crude oil for petroleum products for six months, Reuters...
PPPRA publish market-based pricing regime for petrol
The Petroleum Products Pricing Regulatory Agency (PPPRA) has published a market-based pricing regime for petrol.
The Spokesperson of the agency, Kimchi Apollo, disclosed on Wednesday...
Imo modular refinery to start operations in October- NCDMB
The Nigerian Content Development and Monitoring Board have revealed that a modular refinery, located in Imo State, with the capacity of 5,000 barrels per...
Nigeria’s revenue has dropped by 65 per cent- Finance Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has disclosed that Nigeria’s revenue has dropped by about 65 per cent.
She said this...
NERC directs Discos to collect an average 85% tariff
The Nigerian Electricity Regulatory Commission (NERC) has directed power distribution companies to collect an average of about 85.84 per cent of the newly increased...
