News

The Nigerian National Petroleum Corporation (NNPC) has denied the allegation by labour unions that it sacked 850 workers at the refineries.Labour unions under the aegis of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the…
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The Ministry for Petroleum will pass the long-awaited Petroleum Industrial Bill, PIB to the National Assembly by end of the month. Minister of State for Petroleum, Chief Timipre Sylva in an interview on in ARISE television, said the…
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The Ibadan Electricity Distribution Company (IBEDC) Plc, has called on its customers and the public to be very cautious around electrical installations within its network, as the rainy season begins to gather momentum. Its Chief…
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…Commend Dangote for transforming their lives Previous winners of star prizes in the Bag of Goodies national consumer promo Season 1 done by Dangote Cement Plc in 2019 have expressed huge excitement over the approaching Season 2…
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The Minister of Power, Sale Mamman, has directed contractors handling power projects across the country to return to sites as COVID-19 lockdown by the federal government is being relaxed gradually. Aaron Artimas, Special Adviser, Media…
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The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention Fund from US$200 million to US$350 million. The enlargement of the Fund by US$150…
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Congratulatory messages from stakeholders keep pouring in as The Valuechain Magazine marks its second year of hitting the news-stand. So far, all the accolades received have been so wonderful and encouraging. The management and members…
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Chief Executive of Canadian Overseas Petroleum Limited (LON:COPL), Arthur Millholland has said that “with the commercial terms settled in the agreement in principle, the legal language over a number of agreements has taken time to…
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The Department of Petroleum Resources, Gombe State field office, has organised a technical session for its oil and gas technical partners in the state. The Controller, DPR Gombe field office, Mr Yahaya Maishera, said the technical…
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Nigeria’s excess crude account held $72.41 million as of July 7, the country’s finance minister said on Thursday. Zainab Ahmed gave the figure during a meeting of the country’s National Economic Council. The oil savings account, which…
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