Industry

By Es UfuomaIn a bold stride toward sustainable energy and affordable transportation, Nigeria's Federal Government has launched the Compressed Natural Gas Special Palliative Relief for University Transportation (CNG-SPROUT) project.…
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By Es UfuomaAt the Federal Executive Council meeting in Abuja earlier this year, heads nodded solemnly as the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, declared Nigeria’s bold ambition: to raise oil…
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Nigeria’s Dangote Refinery has reduced its premium motor spirit ex-depot price to N840 from N880 per litre. This comes as petroleum product marketers plan an emergency meeting to drop fuel prices from Tuesday. The President of…
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By Saidu Abubakar The Nigeria's Pillar of Sports, Chief Donatus Agu-Ejidike (JP) has congratulated Kwara United Football Club of Ilorin, for their victory over Abakaliki FC, in this year's President Federation Cup Final on…
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The Federal Accounts Allocation Committee has revealed that the Nigerian National Petroleum Company (NNPC) Limited currently owes the Federal Government a staggering N6.57trn as of May 2025. FAAC said the bulk of the debt, about…
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...As cost of crude changes again Petroleum product marketers have warned that the decline in crude oil prices could lead to a significant drop in the price of Premium Motor Spirit (petrol). According to the Petroleum Products…
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World Water Day: Obasanjo decries incessant borehole drilling in Abeokuta Former Nigerian President Olusegun Obasanjo has disclosed that his administration was confronted with servicing Nigerian loans worth over $3.5 billion when he…
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President of the Dangote Group, Aliko Dangote, has asserted that Africa is currently the only continent experiencing true economic growth, emphasising that Europe’s future progress is now closely linked to Africa’s continued…
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The Nigerian Navy says its operations have restored near normalcy in the nation’s crude oil production. The outgoing Flag Officer Commanding (FOC) of the Eastern Naval Command, Rear Adm. Saheed Akinwande, stated this during a…
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The Debt Management Office (DMO) has released a fresh update on Nigeria’s financial position, revealing a significant surge in the country’s public debt. As of March 31, 2025, Nigeria’s total public debt stock has skyrocketed to a…
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