Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
Read More...
Read More...
Petrol Import Landing Cost Drops To N1,017/Litre
Landing cost for imported premium motor spirit (PMS) also known as petrol, fell to N1,017 per litre this month, driven mainly by a drop in global crude oil prices industry sources said.
The decline is expected to reduce pressure on…
Read More...
Read More...
NERC approves N21bn for DisCos to meter customers in 60 days
The Nigerian Electricity Regulatory Commission (NERC), under the Meter Acquisition Fund (MAF) scheme, as part of efforts to bridge the metering gap in the Nigerian Electricity Supply Industry (NESI) which is in excess of seven million…
Read More...
Read More...
Fed’s higher-for-longer stance raises pressure on Nigerian Eurobonds
Nigeria’s Eurobond yields edged higher last week as investors reassessed risk across emerging markets following renewed signals that US interest rates could remain elevated for longer, increasing pressure on frontier-market debt…
Read More...
Read More...
WIEN Congratulates Mrs Aiboni On Appointment As EVP/Chairman Of Shell Companies In Nigeria
Mrs Elohor Aiboni
Africa’s leading gender equity advocate in the energy industry, the Women in Energy Network (WIEN), has congratulated one of its distinguished Board of Trustees members and prominent professionals, Mrs. Elohor Aiboni,…
Read More...
Read More...
ICPC Tasks Customs Officers on Integrity, Transparency in Revenue Collection
The Borno State Office of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has urged officers of the Nigeria Customs Service (NCS) to uphold the highest standards of integrity, transparency and…
Read More...
Read More...
Saudi Arabia Pitches $2.5tn Mining Opportunity To French, European Investors
During the event, Khalid Al-Mudaifer, Saudi Arabia’s vice minister of industry and mineral resources for mining affairs, highlighted the Kingdom’s economic transformation under Vision 2030. SPA
Saudi Arabi showcased investment…
Read More...
Read More...
Finance experts urge CBN to mandate annual reporting for fintechs, MFBs
Finance experts have called on the Central Bank of Nigeria (CBN) to require all deposit-taking fintechs and microfinance banks (MFBs) to publish their annual financial reports, arguing that institutions entrusted with public funds…
Read More...
Read More...
Reps threaten sanctions over poor PIA implementation
...Stakeholders Demand Stronger Monitoring
Stakeholders in the Niger Delta have called for stronger monitoring and accountability in the implementation of the Petroleum Industry Act (PIA), particularly in the operations of Host…
Read More...
Read More...
Pipeline vandalism: Stakeholders urge monitoring of monitors for tighter pipeline security
In a bid to ensure tighter security of crude oil and gas assets and infrastructure across the Niger Delta, stakeholders have called on the Office of the National Security Adviser (ONSA) to monitor those in charge of monitoring oil and…
Read More...
Read More...
SAHCO Targets UAE, African Markets In Major Expansion Push
L-R: Executive Director, Finance, Admin Services & Projects, Skyway Aviation Handling Company (SAHCO) PLC,Mr Abiodun Adegbesan ; Managing Director/ CEO, SAHCO, Mrs Adenike Aboderin; Chairman, SAHCO, Dr. Barr. Taiwo Afolabi CON; Company…
Read More...
Read More...
