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Industry
NNPC warns against fraudsters posing as its representatives
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a warning to the public over an emerging scam involving individuals impersonating company officials and soliciting money from unsuspecting investors.In a!-->!-->!-->!-->!-->…
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One-Third of Dangote Crude Purchased from US – Report
Dangote Refinery
Nigeria, Africa’s leading producer of crude oil, has increased its imports of U.S. WTI crude due to the Dangote Oil Refinery’s growing appetite for the hydrocarbon, according to a Bloomberg report.The refinery,!-->!-->!-->!-->!-->…
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Retailers: NNPC Must Be Accountable to Nigerians, End Opacity
The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) yesterday urged the new management of the Nigerian National Petroleum Company Limited (NNPC) to be transparent in its operations to disabuse the mind of Nigerians!-->!-->!-->…
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Oil firms eye goldmine in Nigeria’s burgeoning power sector
...Shell, Mobil, Eni, Oando, Seplat, others take positionLocal and international firms operating in Nigeria’s oil and gas exploration and production (E&P) sector have shown strong interest in the nation’s burgeoning energy!-->!-->!-->!-->!-->…
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Fuel Subsidy Removal earns Nigeria Over $84bn – FG
...Funds 40 Key Road ProjectsThe Federal Government has declared that the historic removal of the petrol subsidy by President Bola Ahmed Tinubu has not only halted a massive economic drain but has also redirected critical resources!-->!-->!-->!-->!-->…
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Dangote Refinery Should Sell Petrol Below N800/litre – Marketers
The Independent Petroleum Marketers Association of Nigeria has said the Dangote Petroleum Refinery should sell Premium Motor Spirit (petrol) below the current N825 per litre price being sold by the Lekki-based plant.Ukadike was!-->!-->!-->!-->!-->…
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Senate Committee Commends NCDMB, Pledges Support
Sen Joel-Onowakpo ThomasThe Nigerian Content Developmentn and Monitoring Board (NCDMB) on Thursday in Yenagoa got the thumbs-up from the Senate Committee on Local Content and a firm assurance that the Senate would provide adequate!-->!-->!-->…
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NCDMB Integrates Sustainabilityand STEM in Schools
By Adaobi Rhema OguejioforThe Nigerian Content Development and Monitoring Board (NCDMB) has organised a training on Robotics for STEM Teachers in selected secondary schools in the South-South region of Nigeria.The training, done in!-->!-->!-->…
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Tinubu Traps Experts for NNPC Board: Eyes Economic Recovery
By Danlami Nasir IsahIn a decisive move to strengthen Nigeria’s energy sector and consolidate economic reforms, President Bola Ahmed Tinubu inaugurated the newly reconstituted Board of the Nigerian National Petroleum Company Limited!-->!-->!-->…
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A New Dawn for Offshore Exploration in Nigeria
Bola TinubuBy Gideon OsakaNigeria’s deepwater oil sector is showing promising signs of revival, evidenced by a flurry of recent developments in the sector after years of regulatory uncertainty, stagnant investments, and project delays.!-->!-->!-->…
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