Category: Business

44 fuel depot owners jittery as Dangote mulls 65.4m litres daily output

Over 44 importers and owners of fuel depots in Nigeria are jittery as Dangote advanced works on its refinery billed to produce and truck-out 65.45 million litres daily....

Again, NNPC debunks report of looming petroleum products shortages

The Nigerian National Petroleum Corporation (NNPC), has dispelled insinuations of an impending petroleum products scarcity in the country. A release today in Abuja by...

NNPC

Good news: Natural gas production up by 8 per cent

A total of 230.35Billion Cubic Feet (BCF) of natural gas was produced in the country in July 2018, averaging a daily production of 7,678.17 Million Standard Cubic Feet...

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...

NNPC

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...