Category: Business
PIGB: PPPRA, DPR’s job loss, mass transfer tension altered
The mass job loss and staff transfer rocking the Department of Petroleum Resources (DPR) and Petroleum Products Pricing Regulating Agency (PPPRA) have been altered. This...
N3.5bn not missing – NNPC
The Nigerian National Petroleum Corporation (NNPC), Thursday in Abuja denied the existence of an alleged $3.5bn subsidy slush fund for underhand payments of...
Availability of PMS: NNPC, BP sign supply agreement
Increase or no increase on pump price of petroleum products, the Nigerian National Petroleum Corporation (NNPC) continues to explore all measures to sustain the robust...
NNPC subsidizes per litre of Petrol with N40
The Group Managing Director ( GMD) of the Nigeria National Petroleum Corporation ( NNPC) , Mr Maikanti Baru on Thursday revealed that the Coporation is subsidizing per...
N150 per litre: FG opens up on alleged fuel price hike
The Federal Government has opened up on allegation that it was planning to hike the pump price of Premium Motor Spirit (PMS) also known as petrol to N150 per litre....
NNPC offers crude swap, freight deals to subsidiary
The Nigerian National Petroleum Corporation (NNPC), has declared that its subsidiary, NIDAS Shipping Services, would be offered Direct Sales Direct Purchase (DSDP), and...
Nigeria drops on World Bank’s ease of doing business ranking
Despite maintaining her spot as Africa’s largest economy, Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking, the World Bank has...
First Bank, Clickatell drive financial inclusion in Nigeria using WhatsApp
First Bank of Nigeria, in partnership with Clickatell’s Transact division, has commercially launched their Chat Banking channel on WhatsApp. This capability enables...
Failure of companies to pay tax breeds poverty in Nigeria – SERAP
A report by the Socio-Economic Rights and Accountability Project (SERAP) has shown how over US$8 billion oil and gas assets were sold to Nigerian entities –...
No plan to reduce or increase petroleum products pump prices – NNPC
In a release issued today in Abuja, the nation’s capital, the Nigerian National Petroleum Corporation (NNPC), dispelled the rumour of an impending review of pump...
