News

The Rivers State Taskforce on Illegal Motor-parks and Street Trading has announced that it will clamp down on petrol tankers and other heavy duty trucks parked indiscriminately on the roads anywhere in the state from 2020. Chairman of…
Read More...

…says he was involved in P&ID, Halliburton scandals …as vacation Judge returns case-file to CJ Mohammed Bello Adoke, Ex-AGF The Economic and Financial Crimes Commission, EFCC, on Tuesday, adduced reasons why the immediate past…
Read More...

The Oil Industry has always been a big deal in Nigeria. The industry is the undisputed major source of Nigeria's income. Although, the government is planning to invest in Agriculture and Tourism, they are still not a match for petroleum.…
Read More...

The Dangote Refinery has concluded plans to inaugurate its $2.5 billion fertiliser plant, targeted at boosting agriculture and conserving scarce foreign exchange, amounting to almost $1.0 billion yearly, through import substitution and…
Read More...

All things being equal, Nigeria may have its first standard modular refinery up and running within the next five months. Industry-based reports have shown that the world would continue to use fossil fuels for a while to meet its energy…
Read More...

Numerous aircraft have landed at the Maiduguri International Airport as the son and daughter of the Group Managing Director (GMD) of Nigeria National Petroleum Corporation, (NNPC), Kyari Mele, wed today. The aircraft, according to…
Read More...

This may not be the best of times for Nigeria's accountant general, Ahmed Idris, as he has been queried over under-reporting of N400 billion overdrafts by the Federal Government. This was disclosed when the Auditor General of the…
Read More...

The Nigerian National Petroleum Corporation (NNPC) said between September last year and September this year, it recorded products theft and pipeline vandalism, which resulted in a total of 2,146 vandalised points. It would be recalled…
Read More...

The Nigerian National Petroleum Corporation (NNPC) and the Chevron Nigeria Limited (CNL) have executed agreements over the multi-billion dollars Escravos Gas-to-Liquid (EGTL) project. Speaking at a sign-off meeting in Abuja, the Group…
Read More...

After settling well into marital life, Mohammed, billionaire Aliko Dangote’s nephew, is also finding his feet in the international oil industry. The young man, whose wedding in December 2018 to Sara, the daughter of Fouad Hayel Saeed,…
Read More...